Ordinance 1966-351 - Laserfiche WebLink

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NOvI, 'I'=~~=:(~=?OR2, BE IT OJ.L\IN2D ;-~Y TEE CITY COUNCIL 0;.' TTi""""" ,..., T rlV .i.i..~ 1u..L.J.....L.. OF LOUISVII"LE:, BOULDER COT'\:TY, COLORADO: Section 1. That in accordance with said Statute, there shall be issued negotiable coupon bonds of said City, each to be designated "Refu-:.ding li,7a-cer BondI', in the principal amount of S270,000, for the ;:m.r;:)ose of refunding $270,000 of bonded indebt- edness of saici Ci-.::y which the City Council of the City has deter- mined to refL[',d, as pr'ovided here in. Section 2. ~hat Lhe Mayor and City Clerk of said City be and they are hereby authorized and directed to have prepared negotiable coupon R(;funding Water Bonds of said City, in said ag- gregace amount of $270,000. Section 3. That said bonds hereby authorized shall be negotiable in form, payable to bearer, shall be dated January 1, 1966, shall consist of 270 bonds in the denomination of $1,000 each, numbered 1 to 270, inclusive, shall bear interest according to the interest cou?ons attached to said bonds designated "N', payable July 1, 1966, and semi-annually thereafter o~ the 1st day of January and the 1st day of July each year, and shall mature on January 1, as follryws: Amount $17,000 18,000 19,000 20,000 21,000 22,000 23,000 24,000 25,000 26,000 27,000 10,000 Maturity ItA" Coupon Interest Rate 1967 1968 and 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 3-3/4% 3-3/4% 3-3/4% 3-3/L:-% 3-3/4% 3-3/4% 3-3/4% 3-3/4% 3-3/4% 3-3/4% 3-3/4% 3-3/4% In addition to the interest rate specified above, said Donds shall bear additional interest as evidenced by supple- - 9 -