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Res65 4811
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Res65 4811
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Last modified
5/11/2011 3:30:04 PM
Creation date
5/11/2011 3:30:03 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
11/1/1965
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• <br /> and shall be 368 in number, numbered consecutively from <br /> 1 to 368, both inclusive, of the denomination of $5,000 <br /> each. The bonds shall be dated January 15, 1966 (which <br /> is hereby fixed and determined to be the date of the issue <br /> of the bonds). <br /> All of the bonds shall bear interest from their <br /> date until paid at the rate or rates designated by the <br /> Council at the time of the sale of the bonds, but not to <br /> exceed six (6) per cent per annum, payable annually the <br /> first year and thereafter semiannually. Such interest <br /> shall be evidenced by coupons attached to each bond, and <br /> each of said coupons shall represent six months' interest <br /> (except the first coupon, which shall represent one year's <br /> interest) on the bond to which it is attached. The interest <br /> coupons on the bonds shall be payable on January 15 and <br /> July 15 in each year (except the first interest coupon, <br /> which shall be payable on January 15, 1967), until and at <br /> the respective dates of maturity of the bonds. The bonds <br /> shall mature and be payable in consecutive numerical order, <br /> from lower to higher, as follows: <br /> Principal Maturity Date <br /> Amount (January 15) <br /> $20,000 1968 <br /> 30,000 1969 <br /> 50,000 1970 <br /> 60, 000 1971 <br /> 60, 000 1972 <br /> 60, 000 1973 <br /> 60, 000 197+ <br /> 60,00o 1975 <br /> 70, 000 1976 <br /> 70,00o 1977 <br /> 70, 000 1978 <br /> 80, 000 1979 <br /> 80,000 1980 <br /> 80, 000 1981 <br /> 80, 000 1982 <br /> 90, 000 198 <br /> 90, 000 1984 <br /> 90,000 1985 <br /> 100,00o 1986 <br /> 100,000 1987 <br /> 100,000 1988 <br /> 110,00o 1989 <br /> 110,00o 1990 <br /> 120,000 1991 <br /> 4 <br />
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