Laserfiche WebLink
198 <br />the rate of two and forty hundredths per cent (2.~F0~) per annum <br />from November 22, 1963 to April 1, 1865, payable October 1, 196 <br />and April 1, 1865. Said bonds shall be payable as to principal <br />and interest at The American National Bank of Saint Paul, St. <br />Paul, Minnesota, and shall mature serially on October 1 in the <br />years and amounts as follows: <br />5,000 in each of the years 1965 to 1970, both inclusive; <br />10,000 in each of the years 1971 to 1979, both inclusive; and <br />15,000 in each of the years 1980 to 1983. <br />All bonds maturing in the years 1882 and 1883, (bonds numbered 151 <br />to 180, both inclusive), shall be subject to redemption and prior <br />payment at the option of the Village, in inverse order of their <br />serial numbers on October 1, 196, and on any interest payment date <br />thereafter. All bonds maturing in the years 197 to 1881, both <br />inclusive, (bonds numbered 61 to 150, both inclusive) shall be sub- <br />ject to redemption and prior payment at the option of the Village, <br />in inverse order of their serial numbers on October 1, 1973 and~on <br />any interest payment date thereafter. Bonds so redeemed shall be <br />redeemed at a price of par and accrued interest, plus a premium <br />of $30.00. At least thirty days prior notice of redemption shall <br />in each case be given to the bank where said bonds are payable, to <br />Juran & Moody, Inc., 93 East Sixth Street, St. Paul, Minnesota, <br />and to the last known holder. Holders desiring to receive such <br />notice must register their names, addresses and bond numbers with <br />the Village Clerk. <br />2. The bonds and interest coupons to be issued hereunder <br />shall be in substantially the following form: <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />VILLAGE OF FALCON HEIGHTS <br />WATERMAIN AND SANITARY SEWER IMPROVEMENT BOND OF 1863 <br />No. $1,000.00 <br />KNOW ALL MEN BY THESE PRESENTS that the Village of Falcon <br />Heights, Ramsey County, Minnesota, certifies that it is indebted <br />and for value received promises to pay to bearer the sum of <br />ONE THOUSAND DOLLARS <br />on the first day of October, 19 and to pay interest thereon from <br />the date hereof until the principal is paid at the rate of three and <br />ten hundredths per cent (3.10) per annum, interest being payable <br />October 1, 196 and semi-annually thereafter on the first day of <br />-2 - <br />