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CC RES 11-080 RESOLUTION RELATING TO $2,215,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2011A; AWARDING THE SALE, FIXING THE FORM AND DETAILS AND PROVIDING FOR THE EXECUTION AND DELIVERY THEREOF AND SECURITY THEREFOR AND LEVYING AD VALOREM TAXES FOR TH
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CC RES 11-080 RESOLUTION RELATING TO $2,215,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2011A; AWARDING THE SALE, FIXING THE FORM AND DETAILS AND PROVIDING FOR THE EXECUTION AND DELIVERY THEREOF AND SECURITY THEREFOR AND LEVYING AD VALOREM TAXES FOR TH
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RES 2011
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CC RES 11-080 RESOLUTION RELATING TO $2,215,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2011A; AWARDING THE SALE, FIXING THE FORM AND DETAILS AND PROVIDING FOR THE EXECUTION AND DELIVERY THEREOF AND SECURITY THEREFOR AND LEVYING AD VALOREM TAXES FOR TH
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PLEASE INSERT SOCIAL SECURITY <br /> OR OTHER IDENTIFYING NUMBER NOTICE: The signature(s) to this assignment <br /> OF ASSIGNEE: 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 <br /> "eligible guarantor institution" meeting <br /> the requirements of the Bond Registrar, <br /> which requirements include membership <br /> or participation in the Securities Transfer <br /> Association Medallion Program (STAMP) <br /> or such other"signature guaranty program" <br /> as may be determined by the Bond Registrar <br /> in addition to or in substitution for STAMP, <br /> all in accordance with the Securities Exchange <br /> 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 Bonds <br /> shall be designated General Obligation Refunding Bonds, Series 201113, shall be originally dated <br /> as of December 29, 2011, shall be in the denomination of$5,000 each, or any integral multiple <br /> thereof, shall mature on February 1 in the respective years and amounts stated below, and shall <br /> bear interest, computed on the basis of a 360-day year consisting of twelve 30-day months, from <br /> December 29, 2011 until paid or duly called for redemption at the respective annual rates set <br /> forth opposite such years and amounts, as follows: <br /> Year Amount Rate Year Amount Rate <br /> 2013 $250,000 2018 $265,000 <br /> 2014 255,000 2019 265,000 <br /> 2015 260,000 2020 270,000 <br /> 2016 255,000 2021 135,000 <br /> 2017 260,000 <br /> The Bonds shall be issuable only in fully registered form. The interest thereon and, upon <br /> surrender of each Bond, the principal amount thereof, shall be payable by check or draft issued <br /> by the Registrar for the Bonds appointed herein. <br /> -6- <br />
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