|
-3-
<br />• (iii) The Council desires to authorize the issuance and sale of an issue of
<br />general obligation public improvement refunding bonds to provide for the refunding in advance
<br />of their stated maturities and redemption on July 15, 1998 of all or a portion of the Series 1987
<br />Bonds maturing on July 15 in each of the years 1999 to 2000, both inclusive, the same being
<br />outstanding on the date hereof in the principal amount of $500,000 (the "Refunded Series 1987
<br />Bonds").
<br />(e)(i) On February 16, 1989, there were authorized, issued and sold $5,000,000
<br />aggregate principal amount of City of Charlottesville, Virginia, General Obligation Public
<br />Improvement Bonds, Series 1989, dated January 15, 1989 and maturing in the principal amount
<br />of $250,000 on July 15 in each of the years 1990 to 2009, both inclusive, and bearing interest
<br />payable on July 15, 1989 and semiannually on each January 15 and July 15 thereafter (the
<br />"Series 1989 Bonds").
<br />(ii) The Series 1989 Bonds maturing on and after July 15, 2000 are subject to
<br />redemption on or after July 15, 1999 upon the terns and conditions and at the redemption prices
<br />stated in the Series 1989 Bonds.
<br />(iii) The Council desires to authorize the issuance and sale of general obligation
<br />public improvement refunding bonds to provide for the refunding in advance of their stated
<br />maturities and redemption on July 15, 1998 of all or a portion of the Series 1989 Bonds
<br />maturing on July 15 in each of the years 2000 to 2002, both inclusive, the same being
<br />outstanding on the date hereof in the principal amount of $750,000 (the "Refunded Series 1989
<br />• Bonds").
<br />(f)(i) On March 6, 1990, there were authorized, issued and sold $6,000,000
<br />aggregate principal amount of City of Charlottesville, Virginia, General Obligation Public
<br />Improvement Bonds, Series 1990, dated February 15, 1990 and maturing in the principal amount
<br />of $325,000 on August 15 in each of the years 1991 to 2010, both inclusive, and bearing interest
<br />payable on August 15, 1990 and semiannually on each February 15 and August 15 thereafter
<br />(the "Series 1990 Bonds").
<br />(ii) The Series 1990 Bonds maturing on and after August 15, 2001 are subject
<br />to redemption on or after August 15, 2000 upon the terms and conditions and at the redemption
<br />prices stated in the Series 1990 Bonds.
<br />(iii) The Council desires to authorize the issuance and sale of general obligation
<br />public improvement refunding bonds to provide for the refunding in advance of their stated
<br />maturities and redemption on August 15, 2000 of all or a portion of the Series 1990 Bonds
<br />maturing on August 15 in each of the years 2001 to 2004, both inclusive, the same being
<br />outstanding on the date hereof in the principal amount of $1,300,000 (the "Refunded Series 1990
<br />Bonds").
<br />(g)(i) On December 18, 1991, there were authorized, issued and sold $7,000,000
<br />• aggregate principal amount of City of Charlottesville, Virginia, General Obligation Public
<br />199960.1 019496 ORD
<br />
|