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2012-78 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012
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2012-78 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012
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Last modified
8/24/2015 10:02:57 AM
Creation date
8/24/2015 10:02:27 AM
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Resolution/Ordinance
Res Ord Num
2012-78
Res Ord Title
PROVIDING FOR THE ISSUANCE OF NOT TO EXCEED $30,000,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2012
Department
Finance
Approved Date
11/5/2012
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WHEREAS the City has heretofore issued the following outstanding and validly subsisting <br /> and unpaid general obligations: <br /> GENERAL OBLIGATION BONDS,SERIES 2004A <br /> Original Principal Amount: $12,245,000 <br /> Dated: March 1, 2004 <br /> Due March 1 (or subject to mandatory redemption) as follows: <br /> YEAR AMOUNT($) RATE(%) <br /> 2013 515,000 3.125 <br /> 2014 535,000 3.250 <br /> 2015 555,000 4.000 <br /> 2016 575,000 4.000 <br /> 2017 600,000 4.000 <br /> 2018 625,000 4.000 <br /> 2019 650,000 4.000 <br /> 2020 675,000 4.000 <br /> 2021 705,000 4.000 <br /> 2022 740,000 4.125 <br /> 2023 770,000 4.125 <br /> 2024 805,000 4.250 <br /> 2025 845,000 4.250 <br /> which bonds due on and after March 1, 2014, may be called for redemption on March 1, 2013, at <br /> the redemption price of par plus accrued interest(hereinafter the "2004A Bonds <br /> -2- <br /> 17 <br />
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