|
Series Series Series Series
<br /> Series 2003 2006A 2007A Series 2003 2006A 2007A
<br /> Refunding Refundine Refundinp, Refunding Refundiniz Refundiniz
<br /> Year Bonds Bonds Bonds Year Bonds Bonds Bonds
<br /> 2013 $295,000 -- -- 2019 $335,000 $205,000 $155,000
<br /> 2014 285,000 $250,000 -- 2020 345,000 210,000 160,000
<br /> 2015 290,000 185,000 $145,000 2021 355,000 220,000 165,000
<br /> 2016 300,000 195,000 145,000 2022 370,000 225,000 170,000
<br /> 2017 315,000 200,000 150,000 2023 385,000 -- 170,000
<br /> 2018 325,000 205,000 150,000 2024 395,000 -- --
<br /> The portion of the Bonds maturing in the following years and amounts constitute
<br /> the Improvement Bonds:
<br /> Year Amount Year Amount
<br /> 2014 $125,000 2022 $150,000
<br /> 2015 130,000 2023 150,000
<br /> 2016 130,000 2024 155,000
<br /> 2017 135,000 2025 160,000
<br /> 2018 135,000 2026 160,000
<br /> 2019 140,000 2027 165,000
<br /> 2020 145,000 2028 170,000
<br /> 2021 145,000
<br /> 2.02. Interest Payment Dates. Each Bond shall be dated by the Registrar as of the
<br /> date of its authentication. The interest on the Bonds shall be payable on February 1 and
<br /> August 1 in each year, commencing February 1, 2013, to the owner of record thereof as of the
<br /> close of business on the fifteenth day of the immediately preceding month, whether or not such
<br /> day is a business day.
<br /> 2.03. Registration. The City shall appoint, and shall maintain, a bond registrar,
<br /> transfer agent and paying agent (the "Registrar"). The effect of registration and the rights and
<br /> duties of the City and the Registrar with respect thereto shall be as follows:
<br /> (a) Re ig ster. The Registrar shall keep at its principal corporate trust office a bond
<br /> register in which the Registrar shall provide for the registration of ownership of Bonds
<br /> and the registration of transfers and exchanges of Bonds entitled to be registered,
<br /> transferred or exchanged.
<br /> (b) Transfer of Bonds. Upon surrender for transfer of any Bond duly endorsed by
<br /> the registered owner thereof or accompanied by a written instrument of transfer, in form
<br /> satisfactory to the Registrar, duly executed by the registered owner thereof or by an
<br /> attorney duly authorized by the registered owner in writing, the Registrar shall
<br /> authenticate and deliver, in the name of the designated transferee or transferees, one or
<br /> -4-
<br />
|