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(c), it is necessary and costs tihat the <br />City Issue $1,975,000 General, Obligation Refun, Improvement Bonds, <br />Series 199�3 (Bonds) to refund certain, outs geineral obligations of the <br />(d) t,he outstanding bonds M be refunded (Refunded ndM consist <br />if the $2, 885 9 01001 General lit-ration Improvement Blonds,, Series 12 . dated <br />November 1, 1985, of whic j 9751,9, 000 In principal amount Is currently <br />IV ; on P930 <br />"3271 <br />3WOO-10 <br />