Ord 2007-008 - Laserfiche WebLink

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Principal Interest Principal Interest Year Amount Rate Year Amount Rate 2011 $165,000 5.250% 2022 $300,000 5 600% 2012 175,000 5.250% 2023 320,000 5 600% 2013 185,000 5 300% 2024 340,000 5 700% 2014 195,000 5 350% 2025 355,000 5 700% 2015 205,000 5500% 2026 380,000 5 700% 2016 215,000 5500% 2027 400,000 5 700% 2017 230,000 5500% 2028 425,000 5 750% 2018 240,000 5500% 2029 450,000 5 750% 2019 255,000 5 500% 2030 475,000 5 750% 2020 270,000 5 600% 2031 505,000 5 750% 2021 285,000 5 600% 2032 535,000 5 750% SectiOn 3 03 MediUm. Method and Place of Payment. (a) The prmcipal of, premiUm, if any, and mterest on the Certificates shall be paid 10 lawful money of the United States of Amenca as provided 10 this SectiOn. (b) Interest on the Certificates shall be payable to the Owners whose nalTles appear 10 the Register at the close of business on the Record Date; provided, however, that 10 the event of nonpayment of mterest on a scheduled Interest Payment Date, and for 30 days thereafter, a new record date for such mterest payment (a "Special Record Date") will be established by the Paymg Agent/Registrar if and when funds for the payment of such mterest have been received from the City Notice of the Special Record Date and of the scheduled payment date of the past due mterest (the "Special Payment Date", which shall be at least 15 days after the SpecIal Record Date) shall be sent at least five busmess days pnor to the SpeCial Record Date by Umted States mail, first class postage prepaid, to the address of each Owner of a CertIficate appeanng on the books of the Paymg Agent/Registrar at the close of bus mess on the last busmess day next precedmg the date ofmailmg of such notice (c) Interest on the Certificates shall be paid by check (dated as of the Interest Payment Date) and sent by the Paymg Agent/Registrar to the person entitled to such payment by United States mail, first class postage prepaid, to the address of such person as it appears in the Register or by such other customary bankmg arrangements acceptable to the Paymg Agent/Registrar and the person to whom mterest is to be paid, proVided, however, that such person shall bear all nsk and expenses of such other customary bankmg arrangements S an Marcos CTRCO 2007 A. Ordinance 6