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Last modified
7/17/2007 9:08:18 AM
Creation date
4/23/2005 5:07:39 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
5832
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<br />4. 'Ihe bonds of said issue maturing in the years <br />and bearing the serial numbers set forth bel~~ shall bear <br />interest, payable ~ay 1, 1973 and semiannually there- <br />after on May 1 and November 1 of each year, at the respec- <br />tive rates per annum set opposite said maturity years and <br />serial nu:cn:bers: <br /> <br />Maturi.tv Years Serial Numbers Interest Rate <br />1973 1-14 3.10 <br />1974 15-29 3.30 <br />1975 30-44 3.50 <br />1976 45-59 3.70 <br />1977 60-74 3.90 <br />1978 75-89 4.00 <br />1979 90-104 4.15 <br />1980 105-119 4.30 <br />1981 120-134 4.45 <br />1982 135-149 4.60 <br />1983 150-164 4.70 <br />1984 165-179 4.80 <br />1985 . 180-194 4.90 <br />1986 195-209 5.00 <br />1987 2l0-224 5.15 <br />1988 225-239 5.30 <br />1989-1990 240-269 5.40 <br />1991-1992 270-299 5.50 <br />5. All the bonds of this issue maturing in the years <br />1983 to 1992, both inclusive (bonds numbered 150 to 299g <br />both inclusive), shall be subject to rede~ption and prepayment <br />at the option of the Village in inverse order of serial numbers, <br />on ~ay 1, 1982 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 />published notice of redemption shall be given in accordance <br />with law. Holders desiring to receive mailed notice must <br />register their names, addresses and bond numbers with the <br />Village Clerk, but published notice shall be effective <br />without mailed notice. <br /> <br />6. The bonds and interest coupons to be issued <br />hereunder shall be in substantially the following form: <br /> <br />-3- <br />
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