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1998.03.16 RESO 1998-0009
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1998.03.16 RESO 1998-0009
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City Council
Document Type
Resolutions
Meeting Date
3/16/1998
Meeting Type
Regular
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respective rates per annum set forth opposite the maturity years <br />as follows: <br />Maturity <br />Year <br />1999 <br />2000 <br />2001 <br />2002 <br />2003 <br />Interest Maturity <br />Rate Year <br />3.65%- <br />2004 <br />3.90 <br />2005 <br />4.00 <br />2006 <br />4.10 <br />2007 <br />4.20 <br />Interest <br />Rate <br />4.30 V <br />4.40 <br />4.50 <br />4.60 <br />S. No Redemption. The Bonds shall not be subject to <br />redemption and prepayment prior to their maturity. <br />6. Bond Registrar. Firstar Bank of Minnesota, N.A., in <br />St. Paul, Minnesota, is appointed to act as bond registrar and <br />transfer agent with respect to the Bonds (the "Bond Registrar"), <br />and shall do so unless and until a successor Bond Registrar is <br />duly appointed, all pursuant to any contract the City and Bond <br />Registrar shall execute which is consistent herewith. The Bond <br />Registrar shall also serve as paying agent unless and until a <br />successor paying agent is duly appointed. Principal and interest <br />on the Bonds shall be paid to the registered holders (or record <br />holders) of the Bonds in the manner set forth in the form of Bond <br />and paragraph 12 of this resolution. <br />7. Form of Bond. The Bonds, together with the Bond <br />Registrar's Certificate of Authentication, the form of Assignment <br />and the registration information thereon, shall be in <br />substantially the following form: <br />91372.01 8 <br />
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