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18855 <br />FORM OF BOND COUPON <br />No . <br />April <br />On the first day of October, 19 , City of Eugene, <br />State of Oregon, upon surrender of this coupon at the First <br />Interstate Bank of Oregon, Eugene Main Branch, Eugene, Oregon, or <br />at the principal affice of the fiscal agency of the State of <br />Oregon, New York, New York, will pay to bearer the sum of <br />Dollars ~$ } , in <br />lawful money of the United States of America, far interest then <br />due on its General obligation Bancroft Improvement Bond, Series <br />"H", dated October 1, 1981, and b ` <br />Finance Officer <br />Mayor <br />Section 5. Sale. The Finance Officer shall cause to <br />be published a notice of sale, in the manner provided by ORS <br />287.414 to 287.026, in at least two ~2y issues of the Eugene <br />Register Guard, a newspaper of general circulation, printed and <br />published within the City of Eugene, Lane County, Oregon, and a <br />summary thereof, once in the Daily Journal of Commerce, a <br />newspaper of general circulation, printed and published within <br />the City of Portland, Multnomah County, Oregon, and once in The <br />Bond Buyer, New York, New York, which notice shall call for <br />sealed, written bids for the purchase of said bonds to be <br />presented and filed with the Deputy Finance officer at his office <br />in the City Hall of the City an or prior to the hour of 11:44 <br />a,m. , Pacific Time, on the 7th day of October, 1981, at which <br />time and place said bids shall be publicly opened far <br />consideration and further that the Council of the City of Eugene <br />will meet at the hour of 12:40 Noon, Pacific Time, on the 7th day <br />of October, 1981, in the Council Chamber in the City Hall of the <br />City to consider the bids so opened and to accept or reject any <br />bid so made. The notice of sale shall further state that the <br />bonds will be sold to the bidder offering the lowest true <br />interest cost to the City for not less than ninety-eight percent <br />~98~y of par with accrued interest, and that each bid shall be <br />accompanied by a certified or cashier's check on a solvent <br />commercial bank in the State of Oregon in an amount equal to two <br />percent ~2~~ of the par value of the bonds offered for sale as <br />evidence of good faith on the part of the bidder. <br />Section 6, Emergency. This ordinance being necessary <br />for the immediate preservation of the public peace, health and <br />Page 4 ~- Ordinance <br />