1990 RES R-07-90 - Laserfiche WebLink

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Principal Amount YEAR Maturina (September 1) Interest Rate 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 10,000 15,000 20,000 25,000 35,000 45,000 50,000 60,000 70,000 85,000 95,000 110,000 125,000 140,000 155,000 175,000 195,000 6.50$ 6.60 6.75 6.90 7.00 7.05 7.10 7.15 7.20 7.25 7.30 7.35 7.40 7.45 7.50 7.55 7.60 (B) Term Bonds of Series A. The Term Bonds of Series A shall be issued with principal maturing on September 1, 2019, and subject to mandatory sinking fund redemption as set forth in Section 5.01(B) and bearing interest as set forth below: Principal Amount YEAR Maturing (Sentember 1) Interest Rate 2019 $1,985,000 7.75� Section 2.06 Interest. All Bonds of Series A shall bear interest at the rates provided for in Section 2.05. Interest shall be payable semiannually on March 1 and September 1, commencing September 1, 1990 and each Bond of Series A shall bear interest from the Interest Payment Date next preceding the date on which it is authenticated, unless (i) said Bond of Series A is authenticated on an Interest Payment Date, in which case it shall bear interest from the date thereof; or (ii) said Bond of Series A is authenticated after the Record Date for such Interest Payment Date and before such Interest Payment Date, in which case it shall bear interest from such Interest Payment Date; or (iii) said Bond of Series A is authenticated on or prior to August 15, 1990, in which event interest shall be payable from February 1, 1990. Section 2.07 Place of Payment. The principal of and any redemption premium on the Bonds of Series A shall be payable in lawful money of the United States of America upon surrender thereof at maturity or the earlier redemption -12-