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OFFICIAL STATEMENT
<br />NBW 19SUE
<br />RATING:
<br />Fft&: "AAA"
<br />Moody'x "Ase"
<br />Standard & Pbores: "AAA"
<br />Flnaadal Gaamty Inanrod
<br />in rte opimoe of Boad 0awl, based on cassr knw, uumsr on rhe Bosh wX be exdu4d Jm trop umoae far Federal meant rax purposes
<br />and is not an km of res prnferewn for purposra of rhe federal aUernative muninow rax imposed on individuals and cotporuiese. For an
<br />0*1onotien of svrrain toss emselrrn rs seder federal law wbicAmay reoUpm rhe owwrAr of rhe Bonds. we rhe discussion under du headier
<br />?AX MATI>4 W herrbe. [l v aiWnl law, ds Soso and rhe mom dwrov ne will be exagpt ioen all state, eousry and Nares pd mason in rhe
<br />stare ofTasnessm swept mhar"we. bamOr and estate uses, and Tennessee corporate jiandwe and exam rags. (See 17AX MATTERS" herruo
<br />$4,100,000
<br />MEIGS COUNTY, TENNESSEE
<br />SCHOOL BONDS, SERIES 1995
<br />(MID (Bank Qus>1fied)
<br />Dated: May 1, 1995
<br />Due: May 1, as shown below
<br />The $4,100,000 School Boods, Series 1995 (the ' Bonds") will be issued as fully registered Bonds without coupons
<br />and in deaominsdons of $5,000 or any integral multiple thereof. Inie est on the Bands is payable semi-smsually on
<br />May 1 and November 1 as loot as the Bends remain outstanding, commencing May 1, 1996 to the registered owners
<br />of the Bends by First Tennessee Bank National Association, Memphis, Tennessee, the registration agent and paying
<br />agent (the "Registration Ageat"). The principal on the Bends is payable when due upon surrender of the Boody at the
<br />principal corporate oust office of the Registration Agent.
<br />The payment of the principal of and interest on the Bands when due will be insured by a municipal bond'asuraoce
<br />policy to be issued by Finsocial Guaranty Iasruaoce Company simultaneously with the delivery of the Bends.
<br />Financial Guarmth, Insurance
<br />Compam•
<br />PUC ie a nwW W WFVW a,un end w lRuaaeW Getter inn..M. faapnr, a /eiww �rr.«.aluw.d ewi.ar l's C..xn..ea, Mrew!.
<br />The Bonds are subject to optional redemption prior to maturity as described herein. The Bonds shall mum serially
<br />and are payable on May 1 of each year as follows:
<br />MATURIfM AMOUNTS, RATES AND YIELDS
<br />Maturity
<br />Interest
<br />Yldd or
<br />Maturity
<br />Immut
<br />YWd or
<br />Nay I
<br />AM=
<br />JIML
<br />Price
<br />way I
<br />Anmat
<br />jwr.-
<br />jWN
<br />1997
<br />S45,000
<br />5.15%
<br />4.35%
<br />2005
<br />S360,000
<br />5.15%
<br />100 %
<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 />5.30
<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 />445,000
<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 PayMem of principal of, premium, if any. and mterest on the Bonds, the full faith and credit of the County
<br />are irrevocably pledged
<br />Tie Bonds we *Pftd when, as and if sewed, su&jw to as gprovw of rhe kesiso by Bun. Bary & Sian, NedYvilk, Tawasee, Bond Coerewl,
<br />htnpwmiU br prited en rhe Bon&. Certain lgel naps wit br pced upofor rhe Cowry by M* VmtymmrEsy..
<br />COMM & way. a& Co. hspeas FhNWW Advisorso hCowry M earreaan wHY ft sols ofhe Bends. TeBendsosppetedbkavaiaHs jor
<br />"Wry *a"1A Dgosuory Trsw Cengrry is New York Now York on or abow May 4, jigs.
<br />TW Offidd SUMnOW is dated Apo719. IM.
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