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2010-79 PROVIDING FOR THE ISSUANCE OF FOUR SERIES OF GENERAL OBLIGATION BONDS
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2010-79 PROVIDING FOR THE ISSUANCE OF FOUR SERIES OF GENERAL OBLIGATION BONDS
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8/27/2015 10:31:38 AM
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8/27/2015 10:31:33 AM
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Resolution/Ordinance
Res Ord Num
2010-79
Res Ord Title
PROVIDING FOR THE ISSUANCE OF FOUR SERIES OF GENERAL OBLIGATION BONDS AND PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS
Department
Finance
Approved Date
11/15/2010
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l I <br /> t <br /> The Series 2010B Bonds shall be issued and sold in the principal amount of$28,270,000, <br /> shall be in fully registered form, shall be in denominations of$5,000 or integral multiples thereof <br /> (but no single Bond shall represent principal maturing on more than one date), shall be numbered <br /> consecutively in such fashion as shall be determined by the Bond Registrar, and shall become <br /> due and payable (subject to right of prior redemption as hereinafter set forth) serially on <br /> December 15 of the years and in the amounts and bearing interest at the rates percent per annum <br /> as follows: <br /> YEAR AMOUNT RATE <br /> 2011 $ 590,000 1.50% <br /> 2012 795,000 1.75% <br /> 2013 840,000 2.00% <br /> 2014 890,000 2.50% <br /> 2015 955,000 3.00% <br /> 2016 1,120,000 3.50% <br /> 2017 1,185,000 3.75% <br /> 2018 1,250,000 4.125% <br /> 2019 1,325,000 4.375% <br /> 2020 1,405,000 4.625% <br /> 2021 1,480,000 4.875% <br /> 2022 1,585,000 5.125% <br /> 2023 1,685,000 5.50% <br /> 2024 1,795,000 5.625% <br /> 2025 1,720,000 5.875% <br /> 2026 1,780,000 6.125% <br /> 2027 1,860,000 6.30% <br /> 2028 1,925,000 6.60% <br /> 2029 2,005,000 6.75% <br /> 2030 2,080,000 7.00% <br /> -12- <br />
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