HomeMy WebLinkAbout02094*0
Interest
Bond Nos.
Maturity
Date
Amount
Rate
1
January
1,
1971
$ 5,000
4.50%
2
January
1,
1972
5,000
4.50%
3
January
1,
1973
5,000
4.50%
4
January
1,
1974
5,000
A�5Q%
5
January
1,
1975
5,000
4.565
6
January
1,
1976
5,000
4.50%
7-8
January
1,
1977
10,000
4.50%
9-10
January
1,
1978
10,000
4.75%
11-12
January
1,
1979
10,000
4.75%
13-14
January
1,
1980
10,000
4.7505
15-21
January
1,
1981
35,000
4.75%
22-28
January
1,
1982
35,000
11.75%
29-35
January
1,
1983
35,000
5.00%
36-43
January
1,
19811
40,000
5.00%
44-51
January
1,
1985
110,000
5.000
52-60
January
1,
1986
45.000
5.00%
61-69
January
1,
1987
45,000
5.00%
70-79
January
1,
1988
50,000
5.00%
8o-89
January
1,
1989
50,000
5.00%
90-99
January
1,
1990
50,000
5.00%
100-110
January
1,
1991
55,000
5.00°
111-122
January
1,
1992
6o,000
5.00%
123-134
January
1,
1993
6o,000
5.00%
135-147
January
1,
1994
65,000
5.00%
148-161
January
1,
1995
70,000
5.00%
162-175
January
1,
1996
70,000
5.00%
176-190
January
1,
1997
75,000
5.00%
Both principal of and interest on the Bonds shall be payable
in lawful money of the United States of America at the office of the City
Treasurer in Port Townsend, Washington, and shall be obligations only of
the 1967 Bond Redemption Fund.
Section 8. The City hereby reserves the right to redeem any or
all of the Bonds outstanding in whole, or in part in inverse numerical
order. on the following interest payment dates, and at the following
prices expressed as a percentage of the principal amount, plus accrued
interest to the date of redemption:
On January 1 and July 1, 1977, at 103
On January 1 and July 1, 1978, at 102 1/2
On January 1 and July 1, 1979, at 102
On January 1 and July 1, 1980, at 101 1/2
On January 1 and July 1, 1981, at 101
On January 1 and July 1, 1982, at 100 1/2
On January 1, 1983 and any interest payment date thereafter, at 100.
Notice of any such intended redemption shall be given by one
publication thereof in a newspaper or business and financial journal of
general circulation throughout the City of Seattle, Washington, not more
than forty nor less than thirty days prior to said redemption date, and
6.