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4/16/1986
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4/16/1986
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7/23/2015 11:53:01 AM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
04/16/1986
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APR -16 1986 <br />BOOK 64 Pk -204 <br />$425,000 aggregate principal amount of the Bonds <br />shall bear interest at the rates per annum and mature serially on <br />September 1 in the years and amounts as follows: <br />be issued as term bonds and shall mature on September 1, 2002, <br />and bear interest at the rate of 7.40% per annum. Amortization <br />installments are hereby established for such Bonds due September <br />1, 2002, and such Bonds due September 1, 2002, as will be <br />selected by lot, shall be deemed to be due on September 1 in the <br />years and amounts as follows: <br />YEARS AMOUNTS <br />1999 <br />$70,000 <br />INTEREST <br />75,000 <br />2001 <br />INTEREST •- <br />YEAR <br />AMOUNT <br />RATE <br />YEAR <br />AMOUNT <br />RATE <br />1991 <br />$40,000 <br />6.40% <br />1995 <br />$55,000 <br />7.00% <br />1992 <br />45,000 <br />6.60 <br />1996 <br />60,000 <br />7.10 <br />1993 <br />50,000 <br />6.80 <br />1997 <br />60,000, <br />7.20 <br />1994 <br />50,000 <br />6.90 <br />1998 <br />65,000 <br />7.30 <br />$320,000 <br />aggregate principal amount <br />of the <br />Bonds shall <br />be issued as term bonds and shall mature on September 1, 2002, <br />and bear interest at the rate of 7.40% per annum. Amortization <br />installments are hereby established for such Bonds due September <br />1, 2002, and such Bonds due September 1, 2002, as will be <br />selected by lot, shall be deemed to be due on September 1 in the <br />years and amounts as follows: <br />YEARS AMOUNTS <br />1999 <br />$70,000 <br />2000 <br />75,000 <br />2001 <br />85,000 <br />2002 <br />90,000 <br />Principal amounts of the Bonds or portions thereof <br />maturing September 1, 2002, to be selected by.lot, which shall be <br />equal to the following mandatory amortization installments: <br />YEARS <br />AMOUNTS <br />1999 <br />$70,000 <br />_ 2000 <br />75,000 <br />2001 <br />85,000 <br />2002 <br />90,000 <br />shall be redeemed on September 1 in such years prior to their <br />maturity (except the installment maturing in the year 2002) by <br />operation of the Bond Amortization Account, at the price of the <br />principal amount thereof plus accrued interest to the date of <br />prior redemption, or be purchased in the open market at a price <br />not to exceed such redemption price. <br />$1,975,000 aggregate principal amount of the Bonds shall <br />be issued as term bonds and shall mature on September 1, 2015, <br />and bear interest at the rate of 7.50% per annum. Amortization <br />installments are hereby established for such Bonds due September: <br />57 <br />
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