Ordinance No. 18477 - Laserfiche WebLink

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ISM'17 Bath principal and interest on the bonds shall be payable in lawful money ~of the United States of America at the First National Bank of Oregon, Eugene Main Branch, Eugene, oregon, or at the principal off ice of the f isca~l agency of the State of Oregon in the City of New York, New York. Section 2. The bonds maturing on or prior to Sep tem- ber 1, 1991 sha 1 not be subject to call or redemption prior to maturity, The bonds maturing after September 1, 1991 or any of them may be called before maturity in whole or in part in inverse order of maturity and by lot within each maturity at the option of the City on September 1, 1991, or on any interest payment date thereafter, upon payment of a redemption price equal to the principal amount thereof with accrued interest to the date of redemption, plus a premium equal to one-fourth ~ 1/ 4~ of one percent ~ lah} of said principal amount for each year or fraction of a year from the redemption date to the maturity date, with a maximum premium not to exceed two percent ~21~} , Section 3. That the bonds shall be signed by the Mayor of t e City of Eugene by facsimile signature and counter- signed by manual signature by the F~.nance officer of the City of Eugene under a facsimile of the corporate seal of the City of Eugene to be imprinted on the bonds, and the interest coupons to be attached to said bonds shall be authenticated with the facsimile signatures of said Mayor and Finance officer. The bonds are general obligations of the City. The City shall also apply the unobligated net revenues. from the facility to debt service on these bonds and such additional bonds as the City may issue in the future for parking facilities . Section 4 . That the said bonds and i.nteres t coupons to be attac e thereto shall be in substantially the following farm, to-wit; UNITED STATES of AMERICA STATE OF oR.EGON COUNTY OF LANE CITY OF EUGENE GENERAL OBLIGATION PARKING FACILITIES BOND, SERIES 1979 $5 , oao No . $~ , o00 THE CITY OF EUGENE, Lane Gounty, oregon, acknowledges itself to owe and for value received hereby promises to pay to bearer, Five Thousand Dollars on the first day of September, 19 , together with interest thereon at the rate of percentum ~ a/o} per annum, payable semiannua~,ly on the first day 2 -- ORDINANCE