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<br />ruary 1 and August 1 of each year, and the <br />$130,000 of the principal amount of the 1982 <br />Bond which remains outstanding as of the date <br />hereof is payable on August 1 in the years and <br />amounts as follows, respectively: <br /> <br />Year Amount <br />1987 $20,000 <br />1988 20,000 <br />1989 20,000 <br />1990 23,000 <br />1991 23,000 <br />1992 24,000 <br /> <br />(b) The Ci ty has issued and there remains out- <br />standing the City's $65,000 General Obligation <br />Tax Increment Bond of 1983, dated April 29, <br />1983 (the "1983 Bond"), pursuant to Resolution <br />No. 83-45 (the "1983 Bond Resolution"), <br />adopted by the City Council on April 26, <br />1983. The principal installments of the 1983 <br />Bond bear interest at the rate of 8.00% per <br />annum, payable semiannually on February 1 and <br />August 1 of each year, and the $55,000 of the <br />pr incipa1 amount of the 1983 Bond which re- <br />mains outstanding as of the date hereof is <br />payable on August 1 in the years and amounts <br />as follows, respectively: <br /> <br />Year Amount <br />1987 $ 6,000 <br />1988 6,000 <br />1989 9,000 <br />1990 9,000 <br />1991 10,000 <br />1992 15,000 <br /> <br />(c) The Ci ty has issued and there remains out- <br />standing the Ci ty' s $300,000 General Obliga- <br />tion Fire Station Bond of 1984, dated February <br />21, 1984 (the "1984 Bond"), pursuant to Reso- <br />lution No. 84-14 (the "1984 Bond Resolution"), <br />adopted by the City Council on February 14, <br />1984. The principal installments of the 1984 <br />Bond bear interest at the rate of 8.20% per <br />annum, payable semiannually on February 1 and <br />August 1 of each year, and the $250,000 of the <br />pr incipal amount of the 1984 Bond which re- <br />mains outstanding as of the date hereof is <br />payable on February 1 in the years and amounts <br />as follows, respectively: <br /> <br />- 2 - <br />