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<br />of March and on the first day of September of each year upon
<br />presentation and surrender of the interest coupons hereto attached
<br />as they respectively mature, said principal and interest being
<br />payable in lawful money of the United States of America, at the
<br />First National Bank of Oregon, Eugene Main Branch, Eugene, Oregon,
<br />or at the principal office of the fiscal agency of the State of
<br />oregan in the City of New York, New Yark.
<br />THE BDNDS of the issue of which this bond forms apart,
<br />maturing after September 1, 1991, may be redeemed by the City, at
<br />par value and accrued interest to the date of redemption, plus a
<br />premium equal to one-fourth ~1~4} of one percent ~ll~} of the
<br />principal amount for each year or portion thereof from date of
<br />redemption to maturity date, with a maximum premium not to exceed
<br />two percent ~2°/0} , on September 1, 1991, and on any interest payment
<br />day thereafter, in inverse order of maturity and by lot within
<br />each maturity, upon notice given at least thirty ~30~ days prior
<br />to the redemption date specified therein, by publication thereof
<br />in one issue of a newspaper specialising in financial matters
<br />published in the City of Portland, oregon, and in a newspaper
<br />published and generally circulated in the City of Eugene, and~by
<br />mailin notice to Moody's Investors Service, Inc., and Standard
<br />~ .
<br />& Poor s Corporation, New York, New York. From the date of
<br />redemption designated in any such notices, interest upon the
<br />bonds so called for payment shall cease,
<br />This bond is one of a series of bonds of like date,
<br />denomination and tenor except as to interest rate, number and
<br />maturity, aggregating Two Million one Hundred Thousand Dollars
<br />x$2,100,404} par value, issued to provide funds, in part, with
<br />which to construct a parking garage, pursuant to the constitution
<br />and laws of the State of Oregon, and the City Charter of the City
<br />of Eugene, oregan, and pursuant to Oregon Revised Statutes 223.805
<br />et seq.
<br />IT ZS HEREBY CERTIFIED, RECITED AND DECLARED that all
<br />conditions, acts, and things required to exist, to happen, and
<br />to be performed precedent to and in the issuance of this bond
<br />have existed, have happened, and have been performed in due time,
<br />form, and manner as required by the constitution and statutes of
<br />the State of Dregon and the Charter of the City of Eugene; that
<br />the issue of which this bond is apart, and all other obligations
<br />of the City, are within every debt limitation and other limits
<br />prescribed b~ such constitution, statutes and Charter; and that
<br />the City Council has provided for the levying annually of a direct
<br />ad valorem tax upon all the property within the City so taxable
<br />3 - ~RDI,NANCE
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