Ord 2001-060 - Laserfiche WebLink

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Section 3.02. Date, Denomination, Maturities, Numbers and Interest. (a) The Certificates shall have the Original Issue Date of August 15, 2001, shall be in fully registered form, without coupons, in the denomination of$5,000 or any integral multiple thereof, and shall be numbered separately from one upward, excepting the initial Certificate, which shall be numbered T-l, as hereinafter provided, or such other designation acceptable to the City and the Paying Agent/Registrar. (b) The Certificates shall mature on August 15 in the years and in the principal amounts and interest rates set forth below, interest on each Certificate accruing on the basis of a 360-day year of twelve 30-day months from the Original Issue Date or the most recent Interest Payment Date to which interest has been paid or provided for at the per annum rates of interest, payable semiannually on February 15 and August 15 of each year until the principal amount shall have been paid or provision for such payment shall have been made, commencing February 15, 2002, as follows: Principal Interest Principal Interest Year Amount Rate Year Amount Rate 2003 $200,000 5.20% 2012 $500,000 4.20% 2004 200,000 5.20% 2013 500,000 4.30% 2005 200,000 5.20% 2014 500,000 4.40% 2006 200,000 5.00% 2015 500,000 4.50% 2007 340,000 4.50% 2016 500,000 4.60% 2008 800,000 4.50% 2017 500,000 4.70% 2019 485,000 4.50% 2018 500,000 4.75% 2010 500,000 4.20% 2029 500,000 4.75% 2011 500,000 4.20% 2020 600,000 4.75% [Remainder of page left blank intentionally] R \SANMAR\CO OI\Docs\Ordinancefn.wpd 5