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Res69 6018
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Res69 6018
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Last modified
8/30/2010 8:32:33 AM
Creation date
8/30/2010 8:32:30 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
6/23/1969
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<br />r-- - -~----- ---- <br /> <br />" ' <br /> <br />. . <br /> <br />I' <br /> <br />. <br /> <br />. <br /> <br /> r~aturity Date <br /> (July 1) <br />Principal (both years <br />Amo'unt' inclusive) <br />$ 5,000 1971 - 1989 <br />10,000 1990 - 1999 <br />15,000 2000 - 2004 <br />20,000 2005 - 2006 <br />25,000 2007 - 2008 <br /> <br />Series D Bonds maturin~ by their terms on or prior to <br />July 1, 1982, are not subject to call or redemption prior to <br />their fixed maturity dates. Series D Bonds maturing by their <br />terms on and after July 1, 1983, are subject to call and <br />redemption, at the option of the Council of the City of Redwood <br /> <br />City, as a whole, or in part in inverse numerical order from <br />higher to lower, on July 1, 1982 (but not prior thereto), <br /> <br />and on any interest payment date thereafter prior to their <br /> <br />fixed maturity date or dates at the principal amount thereof <br /> <br />and accrued interest thereon to date of redemption, to~ether <br /> <br />with a premium of (a) one per cent (1%) of the principal <br /> <br />amount thereof, and (b) an additional one-quarter of one per <br /> <br />cent (1/4 of 1%) of the principal amount thereof for each <br /> <br />whole year and for any remaining fraction of a year from the <br /> <br />date fixed for redemption to the stated maturity of the <br /> <br />Series D Bonds so called for redemption, provided, however, <br /> <br />that the aggregate premium payable upon the redemption of any <br /> <br />Series D Bond shall not exceed the interest payable for one <br /> <br />year on such Series D Bond. Notice of such redemption shall <br /> <br />be given by publication of such notice once a week for two <br /> <br />(2) successive calendar weeks in a newspaper of general cir- <br /> <br />culation printed and published in San Francisco, California, <br /> <br />3 <br />
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