Laserfiche WebLink
• The portion of the Bonds maturing in the following years and amounts constitute the <br /> Improvement Bonds: <br /> Year Amount Year Amount <br /> 2011 $140,000 2019 $175,000 <br /> 2012 140,000 2020 185,000 <br /> 2013 145,000 2021 190,000 <br /> 2014 150,000 2022 200,000 <br /> 2015 155,000 2023 210,000 <br /> 2016 160,000 2024 220,000 <br /> 2017 165,000 2025 225,000 <br /> 2018 170,000 <br /> The portion of the Bonds maturing in the following years and amounts constitute the <br /> Abatement Bonds: <br /> Year Amount Year Amount <br /> 2012 $70,000 2019 $ 95,000 <br /> 2013 75,000 2020 100,000 <br /> 2014 75,000 2021 105,000 <br /> • 2015 80,000 2022 110,000 <br /> 2016 85,000 2023 115,000 <br /> 2017 90,000 2024 120,000 <br /> 2018 90,000 2025 125,000 <br /> 3.02. Interest Payment Dates. Interest on the Bonds shall be payable on February 1 and <br /> August 1 in each year, commencing February 1, 2010, to the owners thereof as such appear of <br /> record in the bond register as of the close of business on the fifteenth day of the immediately <br /> preceding month, whether or not such day is a business day. <br /> 3.03. Registration. The City shall appoint, and shall maintain, a bond registrar, transfer <br /> agent and paying agent (the"Registrar"). The effect of registration and the rights and duties of <br /> the City and the Registrar with respect thereto shall be as follows: <br /> (a) Re 'ster. The Registrar shall keep at its principal office a bond register in <br /> which the Registrar shall provide for the registration of ownership of Bonds and the <br /> registration of transfers and exchanges of Bonds entitled to be registered, transferred or <br /> exchanged. <br /> (b) Transfer of Bonds. Upon surrender to the Registrar for transfer of any <br /> Bond duly endorsed by the registered owner thereof or accompanied by a written <br /> instrument of transfer, in form satisfactory to the Registrar, duly executed by the <br /> registered owner thereof or by an attorney duly authorized by the registered owner in <br /> • writing, the Registrar shall authenticate and deliver, in the name of the designated <br /> transferee or transferees, one or more new Bonds of a like aggregate principal amount <br /> -9- <br />