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• redemption on July 15, 1997 in accordance with the provisions of the proceedings authorizing <br />the issuance of the Refunded 1987 Bonds and authorizes the City Manager or the Deputy City <br />Manager or the Director of Finance to take all such actions as any of them shall deem to be <br />necessary or desirable to effect the redemption of the Refunded 1987 Bonds on such date. <br />(e) The Council hereby designates the City's $1,750,000 principal amount of <br />General Obligation Public Improvement Bonds, Series 1989, dated January 15, 1989 and <br />maturing on July 15 in each of the years 2003 to 2009, both inclusive (the "Refunded 1989 <br />Bonds), for redemption on July 15, 1999 in accordance with the provisions of the proceedings <br />authorizing the issuance of the Refunded 1989 Bonds and authorizes the City Manager or the <br />Deputy City Manager or the Director of Finance to take all such actions as any of them shall <br />deem to be necessary or desirable to effect the redemption of the Refunded 1989 Bonds on such <br />date. <br />(f) The Council hereby designates the City's $1,950,000 principal amount of <br />General Obligation Public Improvement Bonds, Series 1990, dated February 15, 1990 and <br />maturing on August 15 in each of the years 2005 to 2010, both inclusive (the "Refunded 1990 <br />Bonds"), for redemption on August 15, 2000 in accordance with the provisions of the <br />proceedings authorizing the issuance of the Refunded 1990 Bonds and authorizes the City <br />Manager or the Deputy City Manager or the Director of Finance to take all such actions as any <br />of them shall deem to be necessary or desirable to effect the redemption of the Refunded 1990 <br />• Bonds on such date. <br />9. The City Treasurer is directed to deposit the good faith check submitted by the <br />Purchaser with the Proposal, or in lieu thereof the proceeds of the Surety Bond, and to apply the <br />amount thereof to the purchase price of the Bonds in accordance with the terms of the Detailed <br />Notice of Sale. The good faith checks accompanying unsuccessful proposals shall returned to <br />the firms submitting such proposals forthwith. <br />10. The City Attorney of the City is hereby directed to file a copy of this <br />resolution, certified by the Clerk of Council of the City to be a true and correct copy hereof, <br />with the Clerk of the Circuit Court of the City of Charlottesville, Virginia. <br />11. This resolution shall take effect upon its adoption. <br />Adopted: April 28, 1993 <br />Certified: <br />Clerk of Council <br />is <br />