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Anmount Year Amount Year Amount Year
<br />$15,000 1964 $50,000 1973 $70,000 1982
<br />15,000 1965 50,000 1974 75,000 1983
<br />20,000 1966 55,000 1975 75)000 198+
<br />25,000 1967 55,0 ? 1976 80,000 1.985
<br />30,000 1968 60,0 , 1977 80,000 1986
<br />35,000 1969 60,000 1978 85,000 1987
<br />4o,oo0 1970 65,000 1979 85,000 1988
<br />45,000 1971 65,000 1980 85,000 1989
<br />50,000 1972 70,000 1981 85,000 1990
<br />Interest Rates: 3-3/4% on bonds maturing in the years 1964 to 1967, inclusive;
<br />4% on bonds matuz°ing in the years 1968 to 1971, inclusive;
<br />4-1/4% on bonds maturing in the years 1972 to 1981, inclusive;
<br />4o 4Won bonds matwr°ing in the yeaxs 1982 to 1990, inclusive.
<br />Improvement Bonds maturing on or after December l, 1976 shall be subject
<br />to redemption in whole or in part in inverse order of maturities, but by lot in
<br />case less than all bonc3.s of the same ma.turity are called, on any interest payment
<br />date on and after December 1, 1975 at redemption prices equal to the followwz..ng
<br />percentages of the principal amount redeemed pl.us in each case accrued interest
<br />to the date fixed for redemption, by notice, specifying the numbers of° such
<br />Improvement Bonds to be called, published by the Trustee on behalf of the
<br />Municipality once a week for -two consecutive weeks in a financial journal of
<br />national circulation, the first of such publicatians to be not more than forty (40)
<br />nor less than thirty (30) dsys prior ta the date of redemption, upon which date
<br />a11 interest upon the Improvement Bonds so called shall cease ex.cept for those
<br />Improvement Bonds as to which default shall be made, upon presentation, in t,he
<br />payment of the applieabIe redemption priceo
<br />103% if redeemed on or before December 1, 1979;
<br />102% if" redeemed thereafter but on or before December 1, 1983;
<br />101% if redeemed thereaf'ter but on or before December l, 1987; and
<br />100% if redeemed after December l, 1987.
<br />Principal and interest the.reon sha11 be payable at the pra.ncipal office of
<br />the Trustee, and, if desired by the Original Purchasers hereina.fter referred to,
<br />at the office of an alternate paying agent. The Trus-tee shall be a bank or
<br />trust company doing business in Ohio and having appropriate trust powerso Such
<br />alternate paying agent may be a bank or trust company having its principal office
<br />outside the State of Ohio, and both the Trustee and alternate paying agent sha11
<br />be designa.ted by the Original Purchasers and approved by resolution of Council.
<br />The Improvement Bonds sha11 be signed by the bcecutive and the Fisca]. Officer
<br />of the Municipality and sha11 bear the coxlaorate aea1, and the interest coupons
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