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CC PACKET 06302014
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CC PACKET 06302014
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Last modified
7/1/2014 8:39:09 AM
Creation date
6/26/2014 2:21:36 PM
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City Council
Meeting Date
6/30/2014
Meeting Type
Special
Document Type
Council Agenda/Packets
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City Code Chapter Amendment
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10 <br />PLEASE INSERT SOCIAL SECURITY <br />OR OTHER IDENTIFYING NUMBER <br />OF ASSIGNEE: <br />NOTICE: The signature(s) to this assignment <br />must correspond with the name as it appears <br />upon the face of the within Bond in every <br />particular, without alteration, enlargement or <br />any change whatsoever. <br />Signature(s) must be guaranteed by an "eligible <br />guarantor institution" meeting the requirements <br />of the Bond Registrar, which requirements <br />include membership or participation in the <br />Securities Transfer Association Medalion <br />Program (STAMP) or such other "signature <br />guaranty program" as may be determined by the <br />Bond Registrar in addition to or in substitution <br />for STAMP, all in accordance with the Securities <br />Exchange Act of 1934, as amended. <br />[End of Bond Form] <br />Section 3. Bond Terms, Execution and Delivery. <br />3.01. Maturities, Interest Rates, Denominations, Payment, Dating of Bonds. The City <br />shall forthwith issue and deliver the Bonds, which shall be denominated "General Obligation Tax <br />Increment Revenue Refunding Bonds, Series 2014B." The Bonds shall be dated as of July 18, <br />2014, shall be issuable in the denominations of $5,000 or any integral multiple thereof, shall <br />mature on February 1 in the years and amounts set forth below, without option of prior payment, <br />and Bonds maturing in such years and amounts shall bear interest from date of issue until paid at <br />the rates per annum set forth opposite such years and amounts as follows: <br />Year <br />Amount Rate <br />Year <br />Amount Rate <br />2015 <br />$120,000 <br />2024 <br />$240,000 <br />2016 <br />185,000 <br />2025 <br />250,000 <br />2017 <br />190,000 <br />2026 <br />255,000 <br />2018 <br />195,000 <br />2027 <br />265,000 <br />2019 <br />200,000 <br />2028 <br />280,000 <br />2020 <br />205,000 <br />2029 <br />290,000 <br />2021 <br />210,000 <br />2030 <br />300,000 <br />2022 <br />220,000 <br />2031 <br />115,000 <br />2023 <br />230,000 <br />[REVISE FOR ANY TERM BONDS.] <br />0 <br />
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