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<br />pants. Principal and interest are <br />payable by the Issuer to DTC or its <br />nominee as registered owner of the <br />bonds. Transfer of principal and <br />interest payments to participants <br />of DTC will be the responsibility <br />of DTC¡ transfer of principal and <br />interest payments to beneficial <br />owners by participants will be the <br />responsibility of such participants <br />and other nominees of beneficial <br />owners. The successful bidder, as <br />a condition of delivery of the <br />bonds, will be required to deposit <br />the bond certificates with DTC. <br /> <br />DATE OF ORIGINAL <br />ISSUE OF BONDS: <br /> <br />February 16, 1999. <br /> <br />PURPOSE: <br /> <br />To provide money to finance the <br />construction of various <br />improvements within the City. <br /> <br />INTEREST PAYMENTS: <br /> <br />September 1, 1999, and semiannually <br />thereafter on March 1 and <br />September 1 to registered owners of <br />the bonds appearing of record in <br />the bond register as of the close <br />of business on the fifteenth (15th) <br />day (whether or not a business day) <br />of the immediately preceding month. <br /> <br />MATURITIES: <br /> <br />March 1 in each of the years and <br />a~ounts as follows: <br /> <br />1004111.1 <br /> <br />Year Amount <br />2000 $110,000 <br />2001 120,000 <br />2002 130,000 <br />2003 135,000 <br />2004 140,000 <br />2005 150,000 <br />2006 155,000 <br />2007 165,000 <br />2008 170,000 <br />2009 180,000 <br />2010 190,000 <br />2011 200,000 <br />2012 210,000 <br />2013 215,000 <br />2014 230,000 <br />B-2 <br />