Ordinance 1992-1084 - Laserfiche WebLink

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provisions of Section 9, the Bonds shall be issued in denominations of $5,000 and integral multiples thereof (provided that no Bond may be in a denomination which exceeds the principal of the Bonds of the series of which it is a part coming due on any maturity date and no individual Bond will be issued for more than one maturity). The Bonds shall be numbered in such manner as shall be determined by the Registrar. The Bonds shall be dated September 15, 1992, and shall bear interest (computed on the basis of a 360-day year of twelve 3D-day months) from their date to maturity or prior redemption at the rates specified below payable semiannually on May 1 and November 1 in each year, commencing May 1, 1993, except that Bonds which are reissued upon transfer, exchange or other replacement shall bear interest at such rates from the most recent interest payment date to which interest has been paid or duly provided for, or if no interest has been paid, from the date of the Bonds. The Bonds shall mature on November 1 in each of the years and amounts hereinafter designated, as follows: Amounts Maturing Years Maturing Interest Rates $ 280,000 265,000 215,000 265,000 280,000 295,000 310,000 325,000 345,000 365,000 390,000 415,000 440,000 470,000 500,000 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 3.75% 4.50 5.00 5.10 5.30 5.50 5.70 5.90 6.00 6.40. 6.40. 6.40. 6.70. 6.70. 6.70. The principal of and premium, if any, on any Bond shall be payable to the registered owner thereof (initially, Cede & Co.) as shown on the registration · Sinking fund maturity, as specified in Exhibit I. -4-