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<br />. . <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />"; , <br /> <br />PROJECT, 1983 TAX ALLOCATION REFUNDING BONDS." The Bonds may <br />be initially issued in the form of Bearer Bonds in <br />denominations of $5,000 or in the form of Fully Registered <br />Bonds in denominations of $5,000 each or any whole multiple <br />thereof. The Bearer Bonds shall be dated June 1, 1983, in the <br />years and in the amounts as follows: <br /> <br />Due Principal Due Principal <br />December Amount December Amount <br />1985 $220,000 1993 <br />1986 235,000 1994 380,000 <br />1987 245,000 1995 410,000 <br />1988 265,000 1996 450,000 <br />1989 280,000 1997 490,000 <br />1990 300,000 1998 535,000 <br />1991 325,000 1999 580,000 <br />1992 350,000 635,000 <br />$10,800,000 Term Bonds due December 1, 2009 <br /> <br />Section 5. Interest. The Bonds shall bear <br />interest at a rate or rates to be hereafter fixed by <br />resolution, but not to exceed twelve percent (12%) per annum <br />payable semiannually commencing on December 1, 1983, and on <br />each June 1 and December 1 thereafter. Each Bond shall bear <br />interest until its principal sum has been paid; provided, <br />however, that if funds are available for the payment thereof in <br />full accordance with the terms of this Resolution, such Bond <br />shall then cease to bear interest. Interest coupons attached <br />to the Bearer Bonds shall be numbered in consecutive numerical <br />order from one (1) upwards in the order of their respective <br />maturities. Each coupon shall represent six (6) months' <br />interest. <br /> <br />The Fully Registered Bonds shall be numbered by the <br />Fiscal Agent as the Fiscal Agent shall determine and shall be <br />dated as of the date of their authentication, except that Fully <br />Registerèd Bonds issued upon exchanges and transfers of Fully <br />Registered Bonds shall be dated so that no gain or loss of <br />interest shall result from the exchange or transfer. Each <br />Fully Registered Bond shall bear interest from the interest <br />payment date next preceding the date thereof unless (i) it is <br />dated as of an interest payment date, in which event it shall <br />bear interest from that interest payment date, or (ii) it is <br />dated prior to the first interest payment date, in which event <br />it shall bear interest from the date of the Bearer Bonds. <br />Interest on Fully Registered Bonds shall be paid by the Fiscal <br />Agent (out of the appropriate funds) by check or draft mailed <br />on the interest payment date to the registered owner as hisjher <br />name and address appear on the register kept by the Fiscal <br />Agent at the close of business on the fifteenth (15th) day <br />preceding the interest payment date. <br /> <br />, <br /> <br />~Å <br /> <br />05-01-83 <br />4439P/2306/00 <br /> <br />-7- <br />1/,/"1 <br />