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Year of Maturity <br />Interest Rate <br />Year of Maturity <br />Interest Rate <br />2028 <br />5.000% <br />2036 <br />5.000% <br />2029 <br />5.000 <br />2037 <br />5.000 <br />2030 <br />5.000 <br />2038 <br />5.000 <br />2031 <br />5.000 <br />2039 <br />4.000 <br />2032 <br />5.000 <br />2040 <br />4.000 <br />2033 <br />5.000 <br />2041 <br />4.000 <br />2034 <br />5.000 <br />2042 <br />4.000 <br />2035 <br />5.000 <br />True interest cost: 3.2070100% <br />1.03. Purchase Contract. The amount proposed by the Purchaser in excess of the minimum <br />bid shall be credited to the accounts in the Debt Service Fund hereinafter created or deposited in the <br />accounts of the Construction Fund hereinafter created, as determined by the Finance Director of the <br />City in consultation with the City's municipal advisor. The good faith deposit of the Purchaser shall be <br />retained and deposited until the Bonds have been delivered and shall be deducted from the purchase <br />price paid at settlement. The Mayor and City Administrator are directed to execute a contract with the <br />Purchaser on behalf of the City. <br />1.04. Terms and Principal Amounts of the Bonds. The City will forthwith issue and sell the <br />Bonds pursuant to the Act, in the original aggregate principal amount of $8,355,000, originally dated the <br />date of delivery (which is expected to be May 18, 2026), in the denomination of $5,000 each or any <br />integral multiple thereof, being in fully registered form, numbered No. R-1, upward, bearing interest as <br />above set forth, and maturing serially on February 1 in the years and amounts as follows: <br />Year of Maturity <br />Amount Year of Maturity Amount <br />2028 <br />$550,000 <br />2036 <br />$810,000 <br />2029 <br />575,000 <br />2037 <br />850,000 <br />2030 <br />605,000 <br />2038 <br />265,000 <br />2031 <br />640,000 <br />2039 <br />280,000 <br />2032 <br />665,000 <br />2040 <br />290,000 <br />2033 <br />700,000 <br />2041 <br />300,000 <br />2034 <br />740,000 <br />2042 <br />310,000 <br />2035 <br />775,000 <br />(a) $4,870,000 in principal amount of the Bonds (the "Abatement Bonds"), <br />maturing on February 1 in the years and in the amounts set forth below, will be used to finance <br />the construction of the Abatement Project: <br />Year of Maturity Amount <br />Year of Maturity Amount <br />2028 <br />$390,000 <br />2033 <br />$495,000 <br />2029 <br />405,000 <br />2034 <br />520,000 <br />2030 <br />425,000 <br />2035 <br />545,000 <br />2031 <br />450,000 <br />2036 <br />570,000 <br />4931-4985-5651.3 <br />2 <br />