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Ordinance 1990-1021
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Ordinance 1990-1021
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Last modified
3/12/2021 10:52:12 AM
Creation date
3/23/2006 3:05:59 PM
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Template:
City Council Records
Doc Type
Ordinance
Signed Date
4/3/1990
Ord/Res - Year
1990
Ord/Res - Number
1021
Recordation Number
1069970
Original Hardcopy Storage
7E2
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ORD 1990-1021
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<br />\3~ <br /> <br />EXHIBIT A <br />(Form of Bond) <br /> <br />UNITED STATES OF AMERICA <br />STATE OF COLORADO <br />COUNTY OF BOULDER <br />CITY OF LOUISVILLE <br /> <br />No. R-2 <br /> <br />$351,644.05 <br /> <br />The City of Louisville, a political subdivision of the <br />State of Colorado and a body politic and corporate (the "City"), <br />for value received, hereby promises to pay from the revenues in <br />its City of Louisville Industrial Development Revenue Bond (Regal <br />Investment Associates, Limited, Project), Series 1981, Bond Fund, <br />to the order of the First National Bank in Boulder, the registered <br />owner hereof, or to its registered assigns, from the source herein <br />designated but not otherwise, the principal sum of <br /> <br />THREE HUNDRED AND FIFTY-ONE THOUSAND SIX HUNDRED AND FORTY-FOUR <br />DOLLARS AND FIVE CENTS ($351,644.05) <br /> <br />on December 1 and June 1 in the years and principal installments <br />as follows: <br /> <br />Years <br /> <br />Principal Installments <br /> <br />6/1/90 <br />12/1/90 <br />6/1/91 <br />12/1/91 <br />6/1/92 <br />12/1/92 <br />6/1/93 <br />12/1/93 <br />6/1/94 <br />12/1/94 <br />6/1/95 <br />12/1/95 <br />6/1/96 <br /> <br />2,149.73 <br />2,267.96 <br />2,392.70 <br />2,524.30 <br />2,663.14 <br />2,809.61 <br />2,964.14 <br />3,127.16 <br />3,299.16 <br />3,480.61 <br />3,672.05 <br />3,874.01 <br />316,419.48 <br /> <br />with interest from the date hereof on the unpaid principal balance <br />at the rate of ten per centum (10.00%) per annum, payable on <br />December 1, 1981, and semiannually thereafter on the 1st day of <br />June and the 1st day of December each year, until said sum is <br />paid. Both the principal hereof and interest hereon are payable <br />in lawful money of the United States of America to the Registered <br />Holder hereof by check or draft mailed or delivered to the <br />Registered Holder hereof at its address as it appears on the Bond <br />Register maintained by the First National Bank in Boulder, as <br />Trustee, or its successor in trust (the "Trustee") under an <br />Indenture of Trust, as amended, dated as of June 1, 1981, (the <br /> <br />- 5 - <br />
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