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1983-10 CRA
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1983-10 CRA
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Last modified
1/3/2012 12:22:18 PM
Creation date
3/8/2005 10:58:46 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1983-10
Date
4/19/1983
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<br />.' <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />" <br /> <br />Section 10, Bond Register. The Fiscal Agent will keep <br />at its principal office in the City of Los Angeles, California, <br />or at such other place in California as the Agency may approve, <br />sufficient books for the registration and transfer of the <br />Bonds. The books shall at all times be open to inspection by <br />the Agency; and, upon presentation for such purpose, the Fiscal <br />Agent shall under such reasonable regulations as it may <br />prescribe, register or transfer, or cause to be registered or <br />transferred, on the register, the Bonds as hereinbefore <br />provided. <br /> <br />Section 11. Call and Redemption and Purchase of Bonds <br />Prior to Maturity. <br /> <br />A. Optional Redemption. The Bonds maturing on or <br />before December 1, 1993, are not subject to call and redemption <br />prior to maturity. The Bonds maturing on or after December 1, <br />1994, may be called before maturity and redeemed at the option <br />of the Agency, in whole from the proceeds of refunding bonds <br />and other available funds, or in whole or in part from any <br />other source on December 1, 1993, or on any interest payment <br />date thereafter, prior to maturity, in inverse order of <br />maturity and by lot within any maturity. Bonds called for <br />redemption shall be redeemed at a redemption price for each <br />redeemed Bond equal to its principal amount, plus accrued <br />interest to the redemption date plus any premium as may be set <br />forth in the following schedule: <br /> <br />Redemption <br />Dates <br /> <br />Redemption <br />Price <br /> <br />December 1, <br />December 1, <br />December 1, <br />December 1, <br />December 1, <br /> <br />or June 1, 1994 <br />or June 1, 1995 <br />or June 1, 1996 <br />or June 1, 1997 <br />and thereafter <br /> <br />102% <br />101 1/2% <br />101% <br />100 1/2% <br />100% <br /> <br />1993 <br />1994 <br />1995 <br />1996 <br />1997 <br /> <br />B. Redemption By Operation of Minimum Sinking <br />Account Payments. The Bonds maturing on December 1,2009, <br />are subject to mandatory redemption by lot in part from sinking <br />fund payments at a redemption price equal to 100% of the <br />principal amount of the Bonds plus accrued interest, if any, to <br />the redemption date without premium. The Minimum Sinking <br />Account Payments shall be made as provided in Section 15(b) in <br />an amount sufficient to redeem the principal amount of Term <br />Bonds as follows: <br /> <br />Year <br />2000 <br />2001 <br />2002 <br />2003 <br />2004 <br />2005 <br /> <br />03-30-83 <br />4439P/2306/00 <br /> <br />Principal <br />Amount <br /> <br />Principal <br />Amount <br /> <br />Year <br />2006 <br />2007 <br />2008 <br />2009 <br /> <br />-10- <br /> <br />3A <br />
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