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1976 CC Minutes & Resolutions
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1976 CC Minutes & Resolutions
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<br />Amount Year <br />$10,000 1978 <br />$50,000 1979-84 ... <br /> i. <br />$45,000 1985-96 <br />$20...,000 1997 <br />All dates are inclusive. <br /> <br />All bonds maturing after April 1, 198/ being subject to <br />redemption in inverse order of serial numbers on said date and <br />any i~terest payment date thereafter at a price of par and <br />accrued interest. <br /> <br />3. Both prin~ipal and interest shall be pay~ble at <br />Northwestern National Bank of Minneapolis <br />and the City of Centerville shall pay the reasonable charges of <br />said bank for its services as paying agent. <br /> <br /> 4. The bond sand the interest coupons to be thereto <br />attached shall be in substantially the follovling form: <br />No. $5,000 <br /> UNITED STATES OF AMERICA <br /> STATE OF MINNESOTA <br /> COUN'Ity OF A~JOKA <br /> CITY OF CENTERVILLE <br /> GENERAL OB LIGATIOt~ IMPROVEMENT BOND OF 1977 <br /> <br />KNOW ALL MEN BY THESE PRESENTS that the City of <br />Centerville, Anoka County, Minnesota, acknowledges itself to be <br />indebted and, for value received, hereby promises to pay to <br />bearer, out of its General Obligation Improvement Bonds of 1977 <br />Fund, the sum of FIVE THOUSAND DOLLARS on the 1st day of April, <br />19 , and to pay interest thereon from the date hereof until the <br />principal amount is paid at the rate of percent <br />( %) per annum, interest to maturity payable October 1, 1977, <br />and semiannually thereafter on the 1st day of April and the 1st <br />day of October in each year in accordance with and upon <br />presentation and surrender of the interest coupons hereto <br />attached as they severally become due. Both principal of and <br />interest on this bond are paynble at the <br /> <br />in any coin or currency of the United States of America which on <br />the date of payment is legal tender for public and priv~te debts. <br /> <br />-. <br />
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