Ordinance No. 19458 - Laserfiche WebLink

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certificates of participation ~ the "1987 Refunding Certificates" ~ . The 1987 Refunding Certificates are to be issued for the purpose of providing for the payment and retirement of the callable portion of the 1985 Refunding Certificates and tv pay the costs of issuance of the 1987 Refunding Certificates. The 1987 Refunding Certificates shall be serial negotiable advance refunding certificates of participation bearing interest payable semi-annually on the first day of June and the first day of December, commencing December 1, 1987 until June 1, 2003, the date of final maturity of the interest-bearing 1987 Refunding Certificates, or earlier if redeemed, and zero coupon 1987 Refunding Certificates maturing serially commencing June 1, 2004 until June 1, 2006, the date of final maturity of such zero coupon 1987 Refunding Certificates, or earlier if redeemed, The 1987 Refunding Certificates shall be payable in funds which at the time of payment are legal tender for the payment of public and private debts within the United States of America. Section 2. Maturity of Advance Refunding Certificates. The 1987 Refunding Certificates shall be entitled "1987 Advance Refunding Certificates of Participation Evidencing an ownership Interest in a Lease--Purchase Agreement with City of Eugene, Lane County, Oregon Community Conference Center}" and shall bear the manual or facsimile signature of an authorized officer of First Interstate Bank of Oregon, N.A. , as Trustee. In addition, the City Council does hereby approve of the Certificate Registrar executing the Certificate of Authentication as of the date of delivery of the 1987 Refunding Certificates. The 1987 Refunding Certificates shall be issued in fully registered farm, shall be in denominations of Five Thousand Dollars ~ $5, Qo0 ~ each, or a nor in~.egral r~~ultiple thereof, shall be issued as printed certificates, shall be dated as of May 1, 1987, except for .T those 1987 Refunding Certificates maturing on or after June 1, 2004, which shall be dated as of the date of delivery to the initial purchaser, and shall be numbered sequentially beginning with R-1, and shall mature serially in annual installments on the f; rst day of June, as fol? ows : . Year . Ammount Year ____ Amount 1989 $ 5,D00 1998 $570,D00 199D 5,OD0 1999 605,o0D 1991 5,0DD 2000 640,000 1992 l0,DD0 2DD1 685,400 1993 10,000 2D02 725,000 1994 1D,OOD 2003 770,000 1995 480,000 2004 82o,ooD 1996 510, o00 2005 a2 0, D0D 1997 540, oDD _ 2006 815, 000 ORDINANCE - Page 3.