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51-91 $4,750,000 Water System Mortgage Revenue Bonds
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51-91 $4,750,000 Water System Mortgage Revenue Bonds
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Last modified
5/14/2013 3:06:30 PM
Creation date
9/5/2003 9:59:30 AM
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Office Of Council
Document Type
Ordinances
Date
9/5/2003
Date Adopted
7/15/1991
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,Year <br /> <br />1992 <br />1993 <br />1994 <br />1995 <br />1996 <br />1997 <br />1998 <br />1999 <br />2000 <br />2001 <br /> <br />SERIAL BONDS <br /> <br /> Principal AmoUnt Maturing <br /> <br /> $ <br /> <br />TERM B_______ONDS <br /> <br />.year <br />2011 <br /> <br />principal Amount Maturing <br /> <br /> $ <br /> <br /> The Series 1991 Bonds maturing on July 1, 2011 are <br />subject to mandatory redemption pursuant to mandatory sinking fund <br />requirements at the redemption price of 100% of the principal <br />amount to be redeemed plus interest accrued to the redemption date <br />on July 1 in the following years and in the following principal <br />amounts: <br /> <br />Year <br /> <br />2002 <br />2003 <br />2004 <br />2005 <br />2006 <br />2007 <br />2008 <br />2009 <br />2010 <br /> <br />?rincipal Amount to be Redeemed <br /> <br /> $ <br /> <br /> If retired in the above-stated amounts only by such <br />mandatory redemption prior to their stated maturity, there would <br />remain $ principal amount of the Series 1991 Bonds <br />maturing July 1, 2011 to be paid at maturity. <br /> <br /> The Series 1991 Bonds maturing after July 1, 2001 are <br />subject to redemption, by and at the option of the Issuer, either <br />in whole at any time or in part on any Interest Payment Date on or <br />after July 1, 2001, in integral multiples of $5,000, at.redemption <br />prices equal to the folloWing percentages of the principal amount <br /> <br />-2- <br /> <br /> <br />
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