Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />1971, inclusive, and $60,000 in 1972. The bands numbered 1 through 240 sha.ll be pa;y- <br />able at their respective stated maturity dates without option of prior pa;yment, but <br />those numbered 241 through 420 sha.ll be each subject to redemption and prepe;YlIllmt at <br />the option of the Village on August 1, 1966,and any interest :pa;yment date thereafter, <br />at pax and accrued interest; provided that of the prepa;yable bonds at any time out- <br />stanning, those beaxing the highest coupon rate 1;lhalJ. be prepaid first, in inverse <br />order of their serial numbers. Not less than thirty ~s prior to the date specified <br />for redemption of any of the bonds the Village Treasurer sha.ll mail notice of the <br />call thereof to the bank at which principal and interest axe then pa;yable and to the <br />holders, if known, of each bond to be prepaid, and the Treasurer shaJ.1 maintain a <br />record of the names and addresses of the holders of preI>8;Yable bonds of the issue sO <br />fax as such information is made aVailable to him, for the J?1ll'l?ose of mailing such <br />notices. The bonds beaxing the respective serial numbers and maturing in the respec- <br />tive Yeaxs .set forth below, shall beax interest at the annual rates set forth oppo- <br />site their maturity yeaxs and serial numbers: <br /> <br />Maturity Yeaxs <br />1963 <br />1964 <br />1965 <br />1966 - 1967 <br />1968 <br />1969 .. 1972 <br /> <br />Interest Rates <br />3.UU{6 <br />3.25% <br />3.50% <br />3.80% <br />3.90"t6 <br />4.00% <br /> <br />Serial Numbers <br />1 .. 4U <br />41 - 80 <br />81 .. 120 <br />121 .. 200 <br />201 .. 240 <br />241 .. 400 <br /> <br />Each of the bonds shall beax interest at the additional rate of 2. 00% per annum from <br />September l 1961 toAugust 1 ,1962, 1;0 be evidenced by a sepaxate set of interest <br />coupons designated as "B" coupons. Interest on the bonds shall be ~ble August 1, <br />1962, and semiannually thereafter on February 1 and August 1 of each yeax. Both <br />principaJ. and interest shall be I>8;Yable at Fidelity Bank and Trust Co. <br />, in Minneapolis, Minn. ,and the Village hereby <br />agrees to pa;y the reasonable and customary charges of the pa;ying agent for the re- <br />ceipt and disbursement thereof. <br /> <br />4. The bonds and the coupons appertaining thereto shaJ.1 be in substantial- <br />ly the following form: tJL4.. ~. <br /> <br />-4- <br />