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<br />through book entries made on the <br />books and records of MSTC and its <br />participants. Principal and <br />interest are payable by the city to <br />MSTC or its nominee as registered <br />owner of the Bonds. Transfer of <br />principal and interest payments to <br />participants of MSTC will be the <br />responsibility of MSTC: transfer of <br />principal and interest payments to <br />beneficial owners by participants <br />will be the responsibility of such <br />participants and other nominees of <br />beneficial owners. The successful <br />bidder, as a condition of delivery <br />of the bonds, will be required to <br />deposit the Bond certificates with <br />MSTC. <br /> <br />DATE OF ORIGINAL <br />ISSUE OF BONDS: <br /> <br />February 1, 1992. <br /> <br />PURPOSE: <br /> <br />To finance the construction of <br />various improvements in the city. <br /> <br />INTEREST PAYMENTS: <br /> <br />September 1, 1992, and semiannually <br />thereafter on March 1 and <br />September 1. <br /> <br />MATURITIES: <br /> <br />March 1 in each of the years and <br />amounts as follows: <br /> <br />Year <br /> <br />Amount <br /> <br />1993 <br />1994 <br />1995 <br />1996 <br />1997 <br />1998 <br />1999 <br />2000 <br />2001 <br />2002 <br />2003 <br /> <br />$100,000 <br />105,000 <br />110,000 <br />115,000 <br />120,000 <br />125,000 <br />135,000 <br />140,000 <br />150,000 <br />160,000 <br />165,000 <br /> <br />25731 <br /> <br />B-2 <br />