Laserfiche WebLink
<br /> . .. <br /> The bonds shall be numbered serially ~rom 1 upwards in chronologi- <br /> cal order of maturity dates and shall he in the following denomina- . <br /> tion~s) : <br /> Serial Numbers Denomination . <br /> 1 to 200 $5,000 <br /> 2. The bonds .shall be in the aggregate principal amount <br /> of $1,000,000, dated October 1, 1967, bear interest as above set forth <br /> payable October 1, 1968 and semiannually thereafter on April 1 and <br /> October 1 in each year, and shall mature serially on April 1 in the <br /> years and amounts as follows: <br /> $15,000 in 1970 to 1971, <br /> $20,000 in 1972 to 1974, <br /> $25,000 in 1975 to 1978, <br /> $30,000 in 1979 to 1981, <br /> $35,000 in 1982 to 1984, <br /> $40,000 in 1985 to 1988, <br /> $45,000 in 1989 to 1991~ <br /> $50,000 in 1992 to 1994, <br /> $55,000 in 1995 to 1996, and <br /> $60,000 in 1997, all years inclusive, <br /> all bonds maturing in the years 1982 to 1997, both inclusive, being <br /> subject to redemption at the option of the Village and in inverse <br /> numerical order on April 1, 1981 and any interest payment date <br /> thereafter at par and accrued interest. <br /> 3. Both principal and interest shall be payable at the <br /> main office of AMERICAN NATIONAL BANK AND TRUST COMPANY :rn <br /> ST. PAUL, MINNESOTA <br /> and the village shall pay the reasonable charges of said bank for <br /> its services as paying agent. <br /> 4. The bonds and the interest coupons thereto attached, <br /> and the Clerk's certificate on the reverse side thereof, shall be <br /> in substantially the following form: <br /> UNITED STATES OF AMERICA <br /> STATE OF MINNESOTA <br /> COUNTY OF RAMSEY <br /> VILLAGE OF NEW BRIGHTON <br /> No. . $5,000 <br /> SEWAGE FACILITY BOND OF 1967 <br /> KNOW ALL MEN BY THESE PRESENTS That the Village of New <br /> Brighton, Ramsey County, Minnesota, hereby acknowledges itself to <br /> be indebted and for value received promises to pay to bearer on the <br /> 1st day of April, 19 , the sum of FIVE THOUSAND DOLLARS and to <br /> pay interest thereon from the date thereof until the principal amount <br /> is paid at the rate of" <br /> interest to maturity payable October 1, 1968 and semiannually there- <br /> after on the 1st day of April and the 1st day of October in each <br /> year in accordance with and upon presentation and surrender of the <br />