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<br />WHEREAS, bonds of said 1966 Issue maturing in
<br />
<br />the years 1977 and thereafter being redeemable at the option
<br />
<br />of the City, in inverse numerical order, on January 1, 1976,
<br />
<br />and on interest payment dates thereafter at par and accrued
<br />
<br />interest; and
<br />
<br />WHEREAS, the City of Louisville, Colorado, by
<br />
<br />Ordinance heretofore adopted and approved by its City Council,
<br />
<br />has authorized the issuance of its General Obligation Water
<br />
<br />Bonds, dated October 1, 1971, in the' amount of $300,000 (herein
<br />
<br />the "1971 Issue"), of which amount $280,000 remains outstanding,
<br />
<br />being bonds numbered 5 to 60, inclusive, bearing interest
<br />
<br />payable on April 1 and October 1 each year and maturing on
<br />October 1, as follows:
<br />Bond Numbers Interest Rate Amounts Years
<br />(All Inclusive) (Per Annum) Maturing Maturing
<br /> 5 - 8 5% $20,000 1976
<br /> 9 5% 5,000 1977
<br /> 10 5% 5,000 1978
<br />11 - 16 5% 30,000 1979
<br />17 - 24 5-1/2% 40,000 1980
<br />25 - 32 5-1/2% 40,000 1981
<br />33 - 41 5-1/2% 45,000 1982
<br />42 - 50 5-1/2% 45,000 1983
<br />51 - 60 5-3/4% 50,000 1984
<br />
<br />and
<br />
<br />WHEREAS, bonds of said 1971 Issue maturing in
<br />
<br />the years 1982 and thereafter, being redeemable at the option
<br />
<br />of the City on October 1, 1981, and any interest payment date
<br />
<br />thereafter, in inverse numerical order, upon payment of par,
<br />
<br />accrued interest and a premium of 1% of principal; and
<br />
<br />WHEREAS, the City of Louisville, Colorado, by
<br />
<br />Ordinance heretofore adopted and approved by its City Council,
<br />
<br />has authorized the issuance of its General Obligation Water
<br />
<br />Bonds, dated September 1, 1975, in the amount of $800,000
<br />
<br />(herein the "1975 Issue"), of which the full amount of $800,000
<br />
<br />remains outstanding, being bonds numbered 1 to 160, inclusive,
<br />
<br />bearing interest payable on April 1 and October 1 each year
<br />
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