Laserfiche WebLink
<br /> . , <br /> . . , <br /> ~ , j t , <br /> The bonds shall be numbered serially from 1 upwards in chrono- <br /> logical order of maturity dates and shall be in the following <br /> denomination(s): <br /> Serial Numbers Denomination <br /> -. <br /> 1 through 266 inclusive $1000. 00 <br /> 2. The village shall forthwith issue its Improvement <br /> Bonds of 1966, in the aggregate principal amount of $266,000, dated <br /> April 1, 1966, to bear interest as above set forth, payable October <br /> 1, 1966 and semiannually thereafter on April 1 and October 1 in each <br /> year, and to mature serially on Ap.11 1 in the years and amounts <br /> as follows: <br /> Sll,OOO in 1967, <br /> ~)l5, 000 in each of the years 1968 to 1972, and <br /> ~)20, 000 in each of the years 1973 to 1981, all years inclusi ve, <br /> all bonds maturing in the years 1979 to 1981, both inclusive, being <br /> subject to redemption and prior payment at the option of the Village <br /> and in inverse numerical order on April 1, 1978 and any interest <br /> payment date thereafter at par and accrued interest. <br /> 3. Both principal and interest shall be payable at <br /> Northwestern National Bank of Minneapolis <br /> and the Village shall pay the reasonable charges of said bank for <br /> its services as paying agent. <br /> 4. The bonds, the interest coupons to be thereto attached <br /> and the Clerk's certificate on the reverse side thereof shall be in <br /> substantially the following form: <br /> UNITED STATES OF AMERICA <br /> STATE OF MINNESOTA <br /> COUNTY OF RAMSEY <br /> VILLAGE OF NEW BRIGHTON <br /> NO. . $1,000 <br /> IMPROVEMENT BOND OF 1966 <br /> KNOW ALL MEN BY THESE PRESENTS That the Village of New <br /> Brighton, Ramsey County, Minnesota, acknowledges itself to be <br /> indebted and for value received hereby promises to pay to bearer the <br /> sum of ONE THOUSAND DOLLARS on the 1st day of April, 19 , and to <br /> pay interest thereon from the date hereof until the principal amount <br /> is paid at the rate of <br /> interest to maturity payable October 1, 1966 and semiannually there- <br /> after on the 1st day of April and the 1st day of October in each <br />