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7. The total estimated cost of each of said five <br />projects and the principal amount of bonds proposed to <br />be issued for each of said five projects is as follows: <br />Project Designation <br />(A) Reclamation and Drainage Project <br />(B) Streets and Highways Project ... <br />(C) Sewerage Project ... ... <br />(D) Water Project ... <br />(E) Parks and Recreation Project ... <br />Principal <br />Amount of Bonds <br />$70,1680000 <br />63,445,000 <br />21,226,000 <br />17,094,000 <br />4,462,000 <br />Each of said principal amounts of bonds includes <br />all incidental expenses (as said term is defined in <br />Section 301 of the Ordinance) applicable to the project <br />for which said bonds are proposed to be authorized, in- <br />cluding, without limiting the generality of the foregoing, <br />the incidental expenses specified in Sections 302 to 3141, <br />both inclusive, of the Ordinance which are applicable to <br />such project. <br />8. The number of years not to exceed which any <br />series of the bonds to be issued for each project'shall run <br />before maturity shall be forty (40) years from the date of <br />the bonds of such series. <br />9. The maximum rate of interest to be paid on the <br />bonds of each of said issues of bonds shall be six per <br />cent (6%) per annum, payable semiannually, except that <br />interest for the first year or portion thereof may be for <br />all or such portion of such year. <br />7 <br />