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<br />C~'; <br /> <br />() <br />~. <br /> <br />;' <br />'- " <br /> <br />SUMMARY OF BOND ISSUE DETAILS <br /> <br />Date of Sale: <br /> <br />August 26, 1998 <br /> <br />Date of Bonds: <br /> <br />August 1, 1998 <br /> <br />Rating: <br /> <br />Non-rated <br /> <br />Principal Due: <br /> <br />February 1, 2000 - 2009 <br /> <br />Interest Due: <br /> <br />February 1, 1999 and semi-annually thereafter. <br /> <br />"Principal and Interest Payments: See Principal and Interest Payment Schedule in <br />Section 2. " <br /> <br />Opti~nal Redemption: <br /> <br />Bonds maturing February 1, 2006 and thereafter <br />are subject to call for prior redemption on <br />February 1, 2005 and any date thereafter at par. <br /> <br />Mandatory Redemption: <br /> <br />Bonds maturing in the year 2001 totaling $105,000 <br />are subject to mandatory redemption on February 1 <br />in the following years and amounts: <br /> <br />2000 <br /> <br />$50,000 <br />$55,000 <br /> <br />2001 (mature) <br /> <br />Bonds maturing in the year 2004 totaling $170,000 <br />are subject to mandatory redemption on February 1 <br />in the following years and amounts: <br /> <br />2002 <br />2003 <br /> <br />$55,000 <br />$55,000 <br />$60,000 <br /> <br />2004 (mature) <br /> <br />,_".._',; ,.,C.o'_ <br /> <br />"~....-- ";_."'~",","",-,--,,~-, "..,. ';"'.":~.'... .. ",-,. .',-,,__~'.. "~...,J'." <br /> <br />City of Centerville, Minnesota <br />$615,000 General Obligation Improvement Bonds, Series 1998 <br /> <br />Page 2 <br />