Section 2, That said bonds shall be dated January 1,
<br />1973, shall be in the denomination of $5,000 each, shall be
<br />numbered consecutively from 1 through 71, and shall mature
<br />serially on July 1 in each of the years, and in the amounts,
<br />respectively, as set forth in the following schedule, to-wit:
<br />YEARS
<br />AMOUNTS
<br />YEARS
<br />AMOUNTS
<br />1973
<br />$ 10,000
<br />1983
<br />$ 15,000
<br />1974
<br />103,000
<br />1984
<br />15,000
<br />1975
<br />103,000
<br />1985
<br />15,000
<br />1976
<br />152000
<br />1986
<br />152000
<br />1977
<br />15,000
<br />1987
<br />153,000
<br />1978
<br />153,000
<br />1988
<br />15,000
<br />1979
<br />152000
<br />1989
<br />15,000
<br />1980
<br />152000
<br />1990
<br />253,000
<br />1981
<br />152000
<br />1991
<br />403,000
<br />1982
<br />159000
<br />1992
<br />50,000
<br />Said bonds may be redeemed prior to their scheduled maturities,
<br />at the option of said City, on the dates stated, and in the
<br />manner provided, in the FORM OF BOND set forth in this Ordinance.
<br />Section 3, That said bonds shall bear interest from
<br />their date, until maturity or redemption, at the rate of 5%
<br />per annum, evidenced by interest coupons which shall appertain
<br />to said bonds, and which shall be payable on the dates stated in
<br />the FORM OF BOND set forth in this Ordinance.
<br />Section 4, That said bonds and interest coupons shall
<br />be payable, shall have the characteristics, and shall be signed
<br />and executed (and said bonds shall be sealed), all as provided,
<br />and in the manner indicated, in the FORM OF BOND set forth in
<br />this Ordinanceo
<br />Section 5, T'hat the form of said bonds, including the
<br />form of Registration Certificate of the Comptroller of Public
<br />Accounts of the State of Texas to be printed and endorsed on
<br />each of said bonds, and the form of the aforesaid interest
<br />coupons which shall appertain and be attached initially to each
<br />of said bonds, shall be, respectively, substantially as follows:
<br />(FORM OF BOND)
<br />N0.
<br />UNITED STATES OF AMERICA
<br />STATE OF TEXAS
<br />COUNTY OF IAMAR
<br />CITY OF PARIS WATERWORKS AND SEWER SYSTEM
<br />REVENUE BOND
<br />SERIES 1973-B
<br />$5,000
<br />On JULY 1, 19_2 THE CITY OF PARIS, in the County of
<br />Lamar, State of Texas, promises to pay to bearer the principal
<br />amount of
<br />FIVE THOUSAND DOLLARS
<br />
|