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<br /> I <br /> 4 <br /> shall be dated November 1, 1982, and shall be issued in the <br /> principal t of $6,500,000. The Series 1982 Notes shall <br /> mature on ber 1, 1992, and shall bear interest from their <br /> initial date of issuance and delivery at a rate per annum equal <br /> to 65% of the rime rate of The First National Bank and Trust <br /> Company of Okl homa City or its successors. Such prime rate <br /> for each appli able period shall be determined in the manner <br /> set forth in t e Indenture; provided, however, that the inter- <br /> est rate shall never exceed 14% per annum nor be less than 7% <br /> per annum. Series 1982 Notes shall be issued substantially <br /> in the form with substantially the content set forth in the <br /> Indenture, and such issuance is in all respects approved, <br /> authorized and confirmed, and the Mayor or the Mayor Pro Tern <br /> and the City C erk or the Deputy City Clerk are hereby autho- <br /> rized and dire ted to executE! and seal the Series 1982 Notes in <br /> the manner pro ided in the Indenture and to deliver them to the <br /> purchaser hereinafter designated for and on behalf of the City, <br /> and upon recei t of the purchase price to deposit the proceeds <br /> thereof with t e Trustee in the manner provided by the Inden- <br /> ture. The Series 1982 Notes shall be issuable as fully regis- <br /> tered notes wi hout coupons in the denomination of $5,000 or <br /> any integral m ltiple thereof, and the Series 1982 Notes shall <br /> be issued originally as a sing Ie fully-registered Note in the <br /> denomination 0 $6,500,000 and designated R-l. The principal <br />