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7/17/2007 9:08:04 AM
Creation date
4/23/2005 5:03:21 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
5671
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<br />5. The bmlds of said issue maturing in the years <br />and bearing the serial numbers set forth below shall bear <br />interest, payable July 1, 1912 and semiannually thereafter on <br />January 1 and July 1 of ea'ch year, at the respective rates <br />per annum set opposite said maturity years and serial numbers: <br /> <br />Maturity Years Serial Numbers Interest <br />1912-1975 1 - 110 4.30~ <br />1916 111 - 140 4.50," <br />1917 141 - 170 4. 10:' <br />1918 111 - 200 4.90:' <br />1979 201 - 230 5. 00 ~ <br />1980 231 - 260 5.10% <br />1981 261 - 290 J. 2S " <br />1982 291 - )20 5. 40,4 <br />1983 321 - 350 5. 50~ <br />1984 351 - 380 5.60% <br />1985 381 - 410 5.10~ <br />1986 411 - 440 5 .80% <br />19., 441 470 5 . 'O~ <br />1988-1991 471 - 590 6.00';4 <br /> <br />6. All bonds of this issue maturing in the years <br />1982 to 1991, both inclusive (bonds numbered 29l to 590, both <br />inclusive), shall be subject to redemption and prepayment at <br />the option of the Village in inverse order of serial numbers, <br />on July 1, 1981 and on any interest payment date thereafter at <br />par and accrued interest. At least thirty days prior mailed <br />notice of redemption shall in each case be given to the bank <br />where said bonds are payable and to the last known holder, and <br />thirty days prior published notice of redemption shall be given <br />in accordance with law. Holders desiring to receive mailed <br />notice must register their names, addresses and bond numbers <br />with the Village Manager, but published notice shall be effec- <br />tive without mailed notice. <br /> <br />7. The bonds and interest coupons to be issued <br />her(~under }",hal1 be in substarrU ally the follow:'Lng form: <br /> <br />-!I- <br />
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