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2004-20 PROVING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS, SERIES 2004A
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2004-20 PROVING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS, SERIES 2004A
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Last modified
1/28/2016 8:57:54 AM
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1/28/2016 8:57:50 AM
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Resolution/Ordinance
Res Ord Num
2004-20
Res Ord Title
PROVIDING FOR THE ISSUANCE OF $12,245,000 GENERAL OBLIGATION BONDS, SERIES 2004A, AND PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS
Approved Date
3/15/2004
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r . �� <br /> upward, and shall become due and payable serially or be subject to mandatory redemption <br /> (subject to prior redemption as hereinafter set forth) on March 1 of the years and in the amounts <br /> and bearing interest at the rates per annum as follows: <br /> YEAR AMOUNT RATE(°Io) <br /> 2005 $ 425,000 2.500 <br /> 2006 430,000 2.500 <br /> 2007 435,000 2.500 <br /> 2008 445,000 2.500 <br /> 2009 460,000 2.625 <br /> 2010 470,000 2.875 <br /> 2011 485,000 3.125 <br /> 2012 500,000 3.125 <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 /> 2020 1,325,000 4.000 � <br /> 2021 705,000 4.000 i <br /> 2023 1,510,000 4.125 � <br /> 2025 1,650,000 4.250 '� <br /> Each Bond shall bear interest from the later of its Dated Date as herein provided or from <br /> the most recent interest payment date to which interest has been paid or duly provided for, until <br /> the principal amount of such Bond is paid or duly provided for, such interest (computed upon <br /> the basis of a 360{lay year of twelve 30�1ay months) being payable on March 1 and <br /> September 1 of each year, commencing on September 1, 2004. Interest on each Bond shall be <br /> paid by check or draft of the Paying Agent, payable upon presentation thereof in lawful money <br /> of the United States of America, to the person in whose name such Bond is registered at the <br /> close of business on the applicable Recard Date (the "Record Date"), and mailed to the <br /> registered owner of the Bond as shown in the Bond Register or at such other address furnished <br /> in writing by such Registered Owner. The Record Date shall be the 15th day of the month next <br /> -5- <br />
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