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83-46 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS, SERIES 1983
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83-46 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS, SERIES 1983
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Last modified
9/14/2016 9:08:57 AM
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9/14/2016 9:08:55 AM
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Resolution/Ordinance
Res Ord Num
83-46
Res Ord Title
PROVIDING FOR THE ISSUE OF $12,760,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 1983...AND FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX SUFFICIENT TO PAY THE PRINCIPAL AND INTEREST ON SAID BONDS
Approved Date
6/20/1983
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' �.�A`1it���7„��p'�s <br /> � • , �r'1�w:��1.'i4� <br /> proper interest coupons attached to each Bond and maturing on <br /> the dates herein provided, and both principa]. and interest shall <br /> be payable in lawful money of the United States of America at <br /> the LaSalle National Bank, Chicago, Illinois. The seal of the <br /> City shall be affixed to each of the Bonds and the Bonds shall <br /> be signed by the Mayor by his duly authorized facsimile signature <br /> and be attested by the City Clerk of the City and said coupons <br /> shall be signed and attested by said officials�, respectively, by <br /> their respective facsimile signatures , and said officials, by <br /> the execution of the Bonds , shall adopt as and for their own <br /> proper signatures their respective facsimile signatures appearing <br /> on said coupons . <br /> The Bonds due on October 1 of the years 1993 to 1999, <br /> inclusive, shall be sub�ject to redemption and payment prior to <br /> their maturity, at the option of the City, in whole or in part <br /> f rom any available funds, on October 1, 1992, or on any interest <br /> payment date thereafter at a price of par and accrued interest to <br /> the date fixed for �redemption, plus a premium, expressed as a <br /> percentage of the principal amount being redeemed, in the amounts <br /> and for the periods as follows : <br /> Period Premium <br /> October 1, 1992 and April 1, 1993 2.00� <br /> October 1, 1993 and April 1, 1994 1, 5p� <br /> October l, 1994 and April 1, 1995 1.00y <br /> October 1, 1995 and April 1, 1996 0, 5pq � <br /> October 1, 1996 and thereafter None , <br /> If less than all of the Bonds are called for redemption at any II <br /> time, they shall be called in inverse order of maturities and I <br /> by lot within a maturity. <br /> -5- <br />
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