Laserfiche WebLink
4 <br /> Secticm 3. For the puspose of finaacing the cost of acquir- <br /> ing and co�structing said project and acquiriag a �ite for the <br /> same, including necessary expease� incidental thereto, there be, <br /> and the same is herebq, authorized to be issued �edenue be�d� of <br /> the City in the principal sua of $I,t)00,000 which said bonds shall <br /> be designated "I�ch�strial Project Revenue Bonds (Debrcm Pro ject)" <br /> and v�ich shall be in the denoaination of $5,000 each and shall be <br /> payable as to principal and intere st in lawful money of the United <br /> States of America at the principal office of the Trustee under the <br /> provisior�s of the Trnst Indeature. <br /> Said bonds �hall be dated Jnty 1, 1975, and sha 11 bear interest <br /> fro� scich date payabl� semi-annuallq on January 1 and July I of each <br /> yeaY, commencing Janua ry 1, 1976, shall be numbered 1 to 200, inclu- <br /> sive, and shall mature oa July 1 of each of the years, and shall bear I, <br /> interest at eight percent (896) per armum, as followss � <br /> Year Endiug .hily 1 Pri,acipal <br /> 1976 $ 20,000 <br /> 1977 25,000 <br /> 1978 25,000 <br /> 1979 30,000 <br /> 1980 30,000 <br /> 1981 35,000 <br /> 1982 35,000 <br /> 1983 35�000 <br /> 1984 40�000 <br /> 1985 45,000 <br /> 1986 45,000 <br /> 1989 50,000 <br /> 1988 55,000 <br /> 1989 6�,U00 <br /> 1990 65,000 <br /> 1991 70,000 <br /> 1992 75,000 <br /> 1993 80,000 <br /> 1994 85,000 <br /> 1995 95,000 <br />