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<br />subjec~to redemption before maturity, but those maturing in the years 1974 through <br />1983 shall be each subject to redemption and prepayment at the option of the Village <br />on July 1, 1973, and any interest payment date thereafter, at par plus accrued in- <br />terest to the date specified for redemption, plus a premium of 2% of the par value <br />of each bond prepaid on or before January 1, 1978, and without premium if prepaid <br />on or after July 1, 1978. Of the bonds outstanding at the time of redemption, those <br />bearing the highest coupon rates shall be prepaid first, in inverse order of their <br />serial numbers. Not less than thirty days before the date specified for prepayment <br />and redemption of any of the bonds, the Treasurer shall mail notice of the call <br />thereof to the bank at which principal and interest are then payable and to the <br />holder; if known, of each bond to be prepaid. The Treasurer and his successors in <br />office shall maintain a record of the names and addresses of the holders of prepay- <br />able bonds of the issue, so far as such information is made available to them, for <br />the purpose of mailing such notices. The bonds shall bear interest at the following <br />respective rates from date of issue until paid or until provision for such payment <br />has been made by deposit with the paying agent at maturity or upon prior call for <br />redempt ion: <br /> <br />Bonds maturing in the years 1965 through 19 at <br />Bonds maturing in the years 19 through 19 at <br />Bonds maturing in the years 19 through 19 at <br /> <br />% per annum <br />% per annum <br />% per annum <br /> <br />Each and all of the bonds shall bear additional interest at the rate of % per <br />annum from , 19 to , 19 The interest shall be <br />payable July 1, 1964, and semiannually thereafter on January 1 and July 1 in each <br />year, and interest to maturity shall be represented by two sets of interest coupons <br />appurtenant to each bond, one representing interest at the basic rate from date of <br />issue to maturity and the other set, designated as "B" coupons, representing the <br />additional interest payable for the limited period stated above. The principal of <br />and interest on the bonds shall be payable at <br />, in <br />and the Village hereby agrees to pay the reasonable and customary charges of the <br />paying agent for the receipt and disbursement thereof. <br /> <br />2. The bonds and the appurtenant interest coupons shall be in substan- <br />tially the following form: <br /> <br />, <br />