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18635 <br />FGRM of BOND coUPON <br />No. <br />January <br />on the first day of July 19 , City of Eugene, <br />State of Gregor, upon surrender of this coupon at the First <br />National Bank of Oregon, Eugene Main Branch, Eugene , Gregon, <br />or at the principal office of the fiscal agency of the State <br />of Gregon, New York, New York, will pay to bearer the sum of <br />Dollars ~$ ~ , in <br />lawful money of the United States of America, for interest then <br />due on its General obligation Bancroft Improvement Bond , Series <br />"G", dated July 1, 1980, and bearing No. . <br />Finance Officer <br />Mayor <br />Section 5 . Sale . The Finance officer shall cause <br />to be published a notice of sale, in the manner provided by <br />GRS 28? .014 to 287.02 in at least two ~ ~ ~ issues of the Eugene <br />Register Guard, a newspaper of general circulation, printed <br />and published within the City of Eugene, Lane County, oregon, <br />once in the Daily Journal of Commerce, a newspaper of general <br />circulation, printed and published within the City of Portland, <br />Multnomah County, oregon, and once in The Bond Buyer, New York, <br />New York, which notice shall call far sealed, written bids for <br />the purchase of said bonds to be presented and filed with the <br />Finance officer at his office in the City Hall of the City on <br />or prior to the hour of 11:00 a.m., Pacific Time, on the 25th <br />day of June, 1980, at which time and place said bids shall be <br />publicly opened for consideration and further that the Council <br />of the City of Eugene will meet at the hour of 12:40 Noon, Pacific <br />Time, on the 25th day of June, 1980, in the Council Chamber <br />in the City Hall of the City to consider the bids so opened <br />and to accept or reject any bid so made. The notice of sale <br />shall further state that the bonds will be sold to the bidder <br />offering the lowest true interest cost to the City for not less <br />than ninety-eight percent X98%~ of par with accrued interest, <br />and that each bid shall be accompanied by a certified or cashier' s <br />check on a solvent commercial bank in the State of oregon in <br />an amount equal to two percent ~2~~ of the par value of the <br />bands offered for sale as evidence of good faith on the part <br />of the bidder. <br />Section ~. Emer enc This ordinance being necessary <br />for the immediate preservation of the public peace, health and <br />Page 4 - Ordinance <br />