El
<br />B. Section 2.02 of the 1986 Bond Resolution shall be supplemented
<br />by inserting the following new subsection at the end thereof:
<br />°B. Series 1986A Bonds. The Series 1986A Bonds shall
<br />be dated as of the date of their delivery; shall bear
<br />interest at a rate or rates not exceeding the maximum
<br />rate per annum permitted by law, payable on September
<br />1, 1990, and annually thereafter on September 1 of each
<br />year; and shall be issued initially as a single fully -
<br />registered Bond, numbered 1 (with exchange privileges
<br />as hereinafter provided), payable in installments on
<br />September 1 of the years and in the amounts as follows:
<br />Year
<br />Am Uu tt
<br />Year
<br />Amount
<br />1992
<br />$ 2,600
<br />2011
<br />$ 9,400
<br />1993
<br />2,800
<br />2012
<br />10,100
<br />1994
<br />3,000
<br />2013
<br />10,800
<br />1995
<br />3,200
<br />2014
<br />11,600
<br />1996
<br />3,400
<br />2015
<br />12,400
<br />1997
<br />3,700
<br />2016
<br />13,200
<br />1998
<br />3,900
<br />2017
<br />14,200
<br />1999
<br />4,200
<br />2018
<br />15,100
<br />2000
<br />4,500
<br />2019
<br />16,200
<br />2001
<br />4,800
<br />2020
<br />17,300
<br />2002
<br />5,100
<br />2021
<br />18,600
<br />2003
<br />5,500
<br />2022
<br />19,900
<br />2004
<br />5,900
<br />2023
<br />21,200
<br />2005
<br />6,300
<br />2024
<br />22,700
<br />2006
<br />6,700
<br />2025
<br />24,300
<br />2007
<br />7,200
<br />2026
<br />26,000
<br />2008
<br />7,700
<br />2027
<br />27,900
<br />2009
<br />8,200
<br />2028
<br />29,800
<br />2010
<br />8,800
<br />2029
<br />31,800;
<br />Provided, however, that if the Series 1986A Bonds shall
<br />be issued on September 1, 1990, or thereafter, each of
<br />the installments or maturity dates shall be deferred by
<br />one year for each year or fraction of a year that the
<br />issuance of the Series 1986A Bonds shall be deferred
<br />beyond August 31, 1990, and all other dates herein shall
<br />be deferred correspondingly."
<br />SLCTION 9. Amending, Section 2,03 of the 1986 Bond Resolution. Section 2.03 of
<br />the 1986 Bond Resolution shall be amended to delete the phrase beginning with
<br />- 6 -
<br />
|