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OFFICIAL STA11111 M
<br />NEW ISSIX
<br />y�.y
<br />RATING:
<br />Filch: "AAA"
<br />Moodyls: "An"
<br />Stasdard & Poona: "AAA"
<br />Ilaaacial Goarasty Land
<br />In tht orieien of sod Cew v4 bated on mau f Am freerst on the Bow& witl be esdrdrd flaw lrou wean for Fedow N"M as Orgmu
<br />Md it wa en fan of tox Ironer for Fwfow+ of tht fiAtrd alterwetivt mwww,w tax iwposed on wdivdwal, and em"re ions. For an
<br />g1Motion of wring* tax aow,elw ores -kr f*&W low *Mick my rtwk from dt owwenbip ofdu u Aon&. we Ae dl,ewesion wder tht kedw
<br />TALTMA27M - Herein Under t law. A# Bow& and the iacowr titer -ram wX be exoopt Jean ad swe, cawty and nwwow taxotion in the
<br />,tate ofTttwwwte, WWW iakerwawae,1A1W*radestak tore. andTawwuee corporow ftowhae andaria taxes. (See TAXMATTERS" htrek)
<br />$4,100,000
<br />MEIGS COUNTY, TENNESSEE
<br />SCHOOL BONDS, SERIFS 1995
<br />(ULT) (Bank Qndii3ed)
<br />Dated: May 1, 1995
<br />Due: May 1, as shown below
<br />The $4,100,000 Schad Bonds, Series 1995 (the 'Sonde') will be issued as Billy registered Bands without cogpaos
<br />and in denominations of $5,000 or any integral multiple thereof. Interest on the Bands is payable semi-almually on
<br />May I and November 1 as long as the Bands remain outstanding, commencing May 1, 1996 to the registered owners
<br />of the Bands by First Tennessee Banti National Association, Memphis, Tennessee, the registration agent and paying
<br />not (the "Registration Agent"). The principal on the Bonds Is payable when due upon surrender of the Bonds at the
<br />principal eosporate trust office of the Registration Agent.
<br />The payment of the principal of and interest on the Bonds when due will be insured by a municipal bond insurance
<br />policy to be issued by Financial Guaranty Insurance Company simultaneously with the delivery of the Bands.
<br />Fmmdal Guaranh, Insurance
<br />Compuiv
<br />FCC M a woYwe/ wMn awwM w W b. nowei— Gwrwr laerawa fir• a primo ewpow ant a/M W wi1M aur V& Gaveeono
<br />wt apwr,.
<br />The Bands are subject to optional tedei*on prior to maturity as described herein. The Bonds shall matut+e aerially
<br />and are payable on May l of each year as follows:
<br />The Bonds are payable from unlimited ad valorem taxes to be levied an all taxable property within the County. For
<br />the prompt payment of principal of, premium, if any, and interest on the Bonds, the full filth and credit of the County
<br />are irrevocably pledged.
<br />The Aon& on offered when as and V wwr4 wb)rcr to the approval of the kesho by Btu, Berry A $wwr, N"Wile. Tenneam, o wd Cewrr4
<br />what opWae will be prwrd en the Bon&. Certain lepal naffs►, will be passed upon for at Cowry by Mae Veavy. rflw^ &9-, CaAuermty, J.C.
<br />Brn�ord L Co. hat aced at Fiwataial Advisor w the County m conwetxfon with the stir of the Bond,. tb Bend, e►w s recred to be evsUa►lt far
<br />ddivtry rhnr fh Dxpo,iwry 7rwu Compaty in New York New York, on or abowt May 4,1995.
<br />M& Of kid Swomeat ie deed A"H 19.1993.
<br />MATURITIES, AMOUNTS, RATES AND YIELDS
<br />Maturity
<br />latarwt
<br />Yield or
<br />Maturity
<br />hdaut
<br />Yield or
<br />May 12
<br />Ammt
<br />Rate
<br />Price-
<br />(May I
<br />Atrioilnt.
<br />11m
<br />_ftkl
<br />1997
<br />$ 45,000
<br />5.15%
<br />4.35%
<br />2005
<br />$360,000
<br />5.15%
<br />100 96
<br />1998
<br />45,000
<br />5.15
<br />4.50
<br />2006
<br />380,000
<br />5.25
<br />100
<br />1999
<br />50,000
<br />5.15
<br />4.60
<br />2007
<br />400,000
<br />3.30
<br />5.35
<br />2000
<br />50,000
<br />5.15
<br />4.70
<br />2008
<br />420,000
<br />5.40
<br />5.45
<br />2001
<br />55,000
<br />5.15
<br />4.75
<br />2009
<br />443,000
<br />5.50
<br />5.55
<br />2002
<br />55,000
<br />5.15
<br />4.80
<br />2010
<br />470,000
<br />5.60
<br />5.65
<br />2003
<br />60,000
<br />5.15
<br />4.95
<br />2011
<br />495,000
<br />5.70
<br />100
<br />2004
<br />345,000
<br />5.15
<br />5.05
<br />2012
<br />425,000
<br />5.70
<br />5.75
<br />The Bonds are payable from unlimited ad valorem taxes to be levied an all taxable property within the County. For
<br />the prompt payment of principal of, premium, if any, and interest on the Bonds, the full filth and credit of the County
<br />are irrevocably pledged.
<br />The Aon& on offered when as and V wwr4 wb)rcr to the approval of the kesho by Btu, Berry A $wwr, N"Wile. Tenneam, o wd Cewrr4
<br />what opWae will be prwrd en the Bon&. Certain lepal naffs►, will be passed upon for at Cowry by Mae Veavy. rflw^ &9-, CaAuermty, J.C.
<br />Brn�ord L Co. hat aced at Fiwataial Advisor w the County m conwetxfon with the stir of the Bond,. tb Bend, e►w s recred to be evsUa►lt far
<br />ddivtry rhnr fh Dxpo,iwry 7rwu Compaty in New York New York, on or abowt May 4,1995.
<br />M& Of kid Swomeat ie deed A"H 19.1993.
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