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85-061
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85-061
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5/8/2007 1:17:45 PM
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11/14/2006 9:57:20 AM
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<br />. <br /> <br />1986-1987 <br />1988-1989 <br />1990 <br />1991 <br />1992-1993 <br />1994 <br /> <br />$325,000 <br />$350,000 <br />$250,000 <br />$200,000 <br />$150,000 <br />$100,000 <br /> <br />The City reserves the right to <br />increase or decrease the principal <br />amount of the issue by UP to $150,1)1)1) <br />Any maturity may be changed in <br />principal amount and the discount <br />will be computed on a proportionate <br />basis. <br /> <br />REDEMPTION: <br /> <br />At the option of the Issuer, bonds <br />maturing on or after December 1, <br />1989 shall be subject to prior <br />payment, on December 1, 1988 and <br />any interest payment date <br />thereafter, at a price of par and <br />accrued interest. Redemption may <br />be in whole or in part of the bonds <br />subject to prepayment. If redemp- <br />tion is in part, the bonds <br />remaining unpaid which have the <br />latest maturity date shall be <br />prepaid first and if only part of <br />the bonds having a comnon maturity <br />date are called for prepayment the <br />specific bonds to be prepaid shall <br />be chosen by lot by the Registrar. <br /> <br />The Bond Registrar and paying agent <br />shall be First Trust Company, Inc" <br />in St. Paul, Minnesota. Principal <br />will be payable at the main <br />corporate office of the Registrar <br />and interest will be payable by <br />check or draft of the Registrar <br />mailed to the registered holder of <br />the bond at his address as it <br /> <br />BOND REGISTRAR: <br /> <br />. <br />
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