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<br />" <br /> <br />. i <br />: i <br /> <br />2. The City has issued and sold its General Obligation Improvement Bonds, Series <br />: 1992A, dated November 1,1992 (Series 1992A Bonds) in the total principal amount of$49S,000. <br />: Bonds maturing after February I, 2002, are subject to redemption and prepayment on that and on <br />any date thereafter at a price of par plus accrued interest. <br /> <br />3. It is determined that it is in the best interests of the sound financial management of <br />the City that Series 1991A Bonds maturing on February 1 in the year 2003, comprising all of the <br />Series 1991A Bonds subject to redemption, be prepaid and redeemed on April 16, 2002 and those <br />Bonds are hereby called for redemption on that date. <br /> <br />4. It is determined that it is in the best interests of the sound financial management of <br />the City that Series 1992A Bonds maturing on February 1 in the years 2003 and 2004, comprising <br />all of the Series 1 992A Bonds subject to redemption, be prepaid and redeemed on April 16, 2002 <br />and those Bonds are hereby called for redemption on that date. <br /> <br />5. The respective Registrars for the Series 1991 A Bonds and the Series I 992A Bonds <br />are authorized and directed to publish, in accordance with law, a notice of call for redemption of the <br />. Series 1991A and Series 1992A Bonds in the forms attached hereto as Exhibit A and Exhibit Band <br />to mail a copy of the notices to the original purchaser of each ofthe Bonds. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Member <br /> <br />Hoffman, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br />Mayor Larson, Councilmember Ann Hoffman, Councilmember Moore-Sykes, Councilmember <br /> <br />Char Samuelson, and Councilmember Ron Sweelcy <br /> <br />, and the following voted against: None <br /> <br />whereupon said resolution was declared duly passed and adopted this 12th day of March, 2002. <br /> <br /> <br />~~<<Mbn <br /> <br />Steve Larson, ayor <br /> <br />V/tft)f-, <br /> <br />Matthew S. Fulton, City Manager <br /> <br />. AT'T'Jj.d.. T........... "." ......,..l /" ..' ....." <br />Y'-'''' i..' < ) <br />Y/~f?,.~~'-~{tj / /.-/?>/{. ['vC- <br />r' t\."'. l~ .' ,"-., t.,.. l '....''1:. l,.,..t.., ,. . <br />, Daniel A. Maiers <br />: Finance Director/City Clerk <br /> <br />518-210782vl <br />NE136~180 <br />