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1990.12.17 RESO 1990-0042
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1990.12.17 RESO 1990-0042
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10/26/2017 2:03:40 PM
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City Council
Document Type
Resolutions
Meeting Date
12/17/1990
Meeting Type
Regular
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DATE OF ORIGINAL <br />ISSUE OF BONDS: <br />PURPOSE: <br />INTEREST PAYMENTS: <br />MATURITIES: <br />participants. Principal and <br />interest are payable by the City to <br />DTC or its nominee as registered <br />owner of the Bonds. Transfer of <br />principal and interest payments to <br />participants of DTC will be the <br />responsibility of DTC; transfer of <br />principal and interest payments to <br />beneficial owners by participants <br />will be the responsibility of such <br />participants and other nominees of <br />beneficial owners. The successful <br />bidder, as a condition of delivery <br />of the bonds, will be required to <br />deposit the Bond Certificates with <br />DTC. <br />January 16, 1991. <br />To finance various street <br />improvements in the City. <br />August'l, 1991, and semiannually <br />thereafter on February 1 and <br />August 1. <br />February 1 in each of the years and <br />amounts as follows: <br />Year Amount <br />1993 <br />$ 50,000 <br />1994 <br />50,000 <br />1995 <br />55,000 <br />1996 <br />60,000 <br />1997 <br />65,000 <br />1998 <br />70,000 <br />1999 <br />75,000 <br />2000 <br />80,000 <br />2001 <br />85,000 <br />2002 <br />90,000 <br />2003 <br />95,000 <br />2004 <br />100,000 <br />2005 <br />110,000 <br />2006 <br />110,000 <br />2007 <br />115,000 <br />11069 <br />B-2 <br />
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