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1991-151
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1991-151
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Last modified
5/15/2017 3:01:02 PM
Creation date
5/15/2017 2:41:21 PM
Metadata
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Template:
Resolutions
Resolution Number
1991-151
Approved Date
09/24/1991
Resolution Type
Utilities
Entity Name
Water and Sewer Revenue Bonds Series 1991
Subject
Bond Purchase Agreement
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777-7 <br />SCHEDULE II <br />%landatory Redemption <br />The Series 1991 Bonds due May 1, 2009 are subject to mandatory redemption by lot prior to maturity in the years and amounts <br />set forth below at a price equal to 100% of principal amount. Accrued interest is also payable on the redemption date. <br />hioripel YAKMteatLL_ <br />$410,000 2007 <br />435,000 2008 <br />465,000' 2009* <br />The Series 1991 Bonds due May 1, 2016 are subject to mandatory redemption by lot prior to maturity in the years and <br />amounts set forth below at a price equal to 100% of principal amount. Accrued interest is also payable on the redemption date. <br />"Amapa <br />$500,000 <br />530,000 <br />565,000 <br />605.000 <br />635,000 <br />680,000 <br />725.000* <br />* Maturity <br />2010 <br />2011 <br />2012 <br />2013 <br />2014 <br />2015 <br />2016* <br />Optional Redemption <br />The Series 1991 Bonds stated to mature on or after May 1, 2002, are subject to redemption at the option of the County in <br />whole or, from time to time, in part. on May 1. 2001. Of On any date thereafter at the respective redemption prices set forth below <br />expressed as percentages of the principal amount to be redeemed, plus accrued interest to the date of redemption. <br />Redemption Redempeloa <br />tom__ <br />NUL.— <br />May 1 2001 through April 30, 2002 102% <br />May 1 2002 through April 30, 2003 101 % <br />May 1 2003 and thereafter 100% <br />1f fewer than all of the Series 1991 Bonds ate to be so redeemed. the County may select the maturity or maturities to he <br />redeemed. If fewer than all of the Series 1991 Bonds of any particular maturity are to be redeemed. the Bond Registrar %ill select <br />by lot the particular Series 1991 Bonds or portions of Series 1991 Bonds of such maturity to be redeemed. The portion of any Serle. <br />1991 Bond of a denomination of more than $5,000 to be redeemed will be in the principal amount of $5.000 or an integral multiple <br />of that sum. <br />
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