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• <br />4. The bonds shall bear interest payable June 1, <br />1983 and semiannually thereafter on December 1 and June 1 of <br />each year at the rate per annum of seven <br />percent (7.0 ~) . <br />5. All bonds of this issue shall be subject to <br />redemption and prepayment at the option of the City in inverse <br />order of serial numbers, on June 1, 1984 and on any interest <br />payment date thereafter at par and accrued interest. Published .. <br />notice of redemption shall in each case be given in accordance <br />with law, and mailed notice of redemption shall be given to the <br />bank where the bonds are payable. <br />6. The bonds and interest coupons to be issued <br />hereunder shall be in substantially the following form: <br />r <br />• <br />• <br />