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<br />The portion of the Bonds maturing in the following years and amounts constitute
<br />the Improvement Bonds:
<br />Year
<br />Amount
<br />Series
<br />Series
<br />2014
<br />$135,000
<br />Series
<br />Series
<br />2015
<br />Series 2003
<br />2006A
<br />2007A
<br />2016
<br />Series 2003
<br />2006A
<br />2007A
<br />2017
<br />Refunding
<br />Refunding
<br />Refunding
<br />2018
<br />Refunding
<br />Refunding
<br />Refunding
<br />Year
<br />Bonds
<br />Bonds
<br />Bonds
<br />Year
<br />Bonds
<br />Bonds
<br />Bonds
<br />2013
<br />$310,000
<br />--
<br />2019
<br />$340,000
<br />$210,000
<br />$155,000
<br />2014
<br />305,000
<br />$265,000
<br />--
<br />2020
<br />345,000
<br />210,000
<br />160,000
<br />2015
<br />310,000
<br />195,000
<br />$150,000
<br />2021
<br />360,000
<br />230,000
<br />165,000
<br />2016
<br />315,000
<br />200,000
<br />150,000
<br />2022
<br />380,000
<br />220,000
<br />170,000
<br />2017
<br />325,000
<br />205,000
<br />155,000
<br />2023
<br />375,000
<br />--
<br />170,000
<br />2018
<br />330,000
<br />210,000
<br />155,000
<br />2024
<br />390,000
<br />--
<br />The portion of the Bonds maturing in the following years and amounts constitute
<br />the Improvement Bonds:
<br />Year
<br />Amount
<br />Year
<br />Amount
<br />2014
<br />$135,000
<br />2022
<br />$145,000
<br />2015
<br />135,000
<br />2023
<br />150,000
<br />2016
<br />135,000
<br />2024
<br />155,000
<br />2017
<br />140,000
<br />2025
<br />155,000
<br />2018
<br />140,000
<br />2026
<br />160,000
<br />2019
<br />140,000
<br />2027
<br />165,000
<br />2020
<br />145,000
<br />2028
<br />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) Register. 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 />H
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