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<br /> Y; Section 2. BONDS DESIGNATED. That said bonds shall be ~
<br /> ~ designated as the: "CITY OF PARIS WATERWORKS AND SEWER ~
<br /> SYSTEM REVENUE REFUNDING BONDS, SERIES 1983" (the "Bonds"). ~
<br /> Section 3. DATE AND MATURITIES. That the Bonds shall i
<br /> be dated June 15, 1983, shall be in the denomination of ~
<br /> F' $5,000 each, shall be numbered consecutively from one E
<br /> upward, and shall mature serially on June 15 of each of the
<br /> years, and in the amounts, respectively, unless redeemed
<br /> prior to maturity as required or permitted in the FORM OF
<br /> ~ BOND set forth in Section 6 of this Ordinance, as set forth
<br /> in the following schedule:
<br /> ;
<br /> 3s
<br /> YEARS AMOUNTS YEARS AMOUNTS '
<br /> p ~
<br /> 1a ~
<br /> 1984 $ 70,000 1994 $140,000 ~
<br /> 1985 70,000 1995 155,000 ~
<br /> 1986 75,000 1996 170,000 `
<br /> 1987 80,000 1997 185,000 ~
<br /> b~ 1988 90,000 1998 200,000 ~
<br /> ' 1989 95,000 1999 220,000 ~
<br /> 1990 100,000 2000 240,000 ;
<br /> 1991 110,000 2001 260,000
<br /> 1992 120,000 2002 285,000
<br /> 1993 130,000 2003 315,000
<br /> ~
<br /> 4
<br /> ~ Section 4. INTEREST. That the Bonds scheduled to ~
<br /> mature during the years, respectively, set forth as follows ~
<br /> shall bear interest from the date thereof to maturity or ti
<br /> ; redemption at the following rates per annum: !
<br /> maturity 1984 6.00% maturity 1994 9.00$ ;
<br /> maturity 1985 6.50$ maturity 1995 9.00g 3
<br /> maturity 1986 7.00% maturity 1996 9.10% ~
<br /> °
<br /> maturity 1987 7.40$ maturity 1997 9.20$
<br /> maturity 1988 7.75% maturity 1998 9.30$ a
<br /> maturity 1989 7.90$ maturity 1999 9.40% ~
<br /> maturity 1990 8.00% maturity 2000 9.50$ ;
<br /> ,f maturity 1991 8.25$ maturity 2001 9.50% ~
<br /> maturity 1992 8.50% maturity 2002 9.55$ ~
<br /> maturity 1993 8.75% maturity 2003 9.60% ;
<br />
<br /> jj Said interest shall be evidenced by interest coupons which ~
<br /> <i shall appertain to the Bonds, and which shall be payable in y
<br /> the manner provided and on the dates stated in the FORM OF ;
<br /> 9 BOND set forth in Section 6 of this Ordinance. ~
<br /> Section 5. GENERAL CHARACTERISTICS. That the Bonds '
<br /> and interest coupons shall be issued, shall be payable, ~
<br /> shall and may be redeemed prior to their scheduled maturity, ~
<br /> shall have the characteristics, and shall be signed and tl
<br /> executed (and the Bonds shall be sealed) , all as provided, ~
<br /> and in the manner indicated, in the FORM OF BOND set forth
<br /> in Section 6 of this Ordinance.
<br /> Section 6. FORMS. That the form of the Bonds, includ- ~
<br /> ing the form of Registration Certificate of the Comptroller ~
<br /> of Public Accounts of the State of Texas to be printed and
<br /> endorsed on each of the Bonds, and the form of the aforesaid ;
<br /> I" interest coupons which shall appertain and be attached
<br /> initially to each of the Bonds, shall be, respectively,
<br /> substantially as follows:
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