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105
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<br />Statement is "deemed final" for pttrposes of RUle 15c2-12 ('Rule 15c2-12")
<br />PRMULGATED BY THE Securities And Exchange Commission pursuant to the
<br />Securities Exchange Act of 1934. The City Manager is hereby further authorized to
<br />execute and deliver to the Purchaser a Continuing Disclosure Certificate relating to the
<br />Bonds evidencing the City's undertaking to comply with the continuing disclosure
<br />requirements of Paragraph (b) of Rule 15c2-12 in such form as shall he approved by the
<br />City Mayor upon advice of counsel (including the City Attorney or Bond Counsel), such
<br />approval by conclusively evidenced by his execution thereof.
<br />
<br /> 4. (a) The details of the bonds as set forth in the detailed Notice of Sale are
<br />hereby ratified and confirmed. In accordance with the Detailed Notice or Sale, the Bonds
<br />shall be dated June 1, 2000; shah he numbered from R-1 consecutively upward in order
<br />of issuance; shall be issued in fully registered form in the denomination of $5,000 each or
<br />any integral multiple thereof} and shall bear interest from their date payable on December
<br />15, 2000 and semiannually on each June 15 and December 15 thereafter. The Bonds
<br />shall mature and become due and payable on December I5 in each of the years 2000 to
<br />2019, both inclusive, in the principal amounts set forth opposite each such year below,
<br />with the Bonds maturing in each such year bearing interest at the rate per annum set forth
<br />opposite such year, as follows:
<br />
<br />Year Principal Interest Year Principal Interest
<br />Dec. 15 . Amount Rate Dec. t 5 Amount Rate
<br />
<br />2000 $450,000 5.00% 2010 $450,000 5.25%
<br />2001 450,000 5.00 2011 450,000 5.25
<br />2002 450,000 5.00 2012 450,000 5.25
<br />2003 450,000 5.00 2013 450,000 5.50
<br />2004 450,000 5.125 2014 450,000 5.50
<br />2005 450,000 5.125 2015 450,000 5.50
<br />2006 450,000 5.125 2016 450,000 5.50
<br />2007 450,000 5.125 2017 450,000 5.50
<br />2008 450,000 5.125 2018 450,000 5.50
<br />2009 450,000 5.25 2019 450,000 5.50
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<br /> (c) The Bonds maturing on and after December 15, 2011 (or portions thereof
<br />in installments of $5,000) shall be subject to redemption at the option of the City prior to
<br />their stated maturities, on or af~er December 15, 2010, in whole or in part from time to
<br />time on any date, from any moneys that may be made available for such purpose, in such
<br />order as may be determined by the City (except that if at any time less than all of the
<br />Bonds of a given maturity are called for redemptiorg the particular Bonds or portions
<br />thereof in installments of $5,000 to be redeemed shall be selected by lot), upon payment
<br />of the following redemption prices (expressed as a percentage of the principal amount of
<br />the Bonds to be redeemed), together with the interest accrued thereon to the date fixed for
<br />the redemption thereof:
<br />
<br />Period During Which Redeemed
<br /> (Both Dates Inclusive)
<br />
<br />Redemption Prices
<br />(Percentage of
<br />Principal Amount
<br />
<br />Dec. 15, 2010 to Dec. 14, 2011
<br />Dec. 15, 2011 to Dec. 14, 2012
<br />Dec. 15, 2012 and thereafter
<br />
<br />t01%
<br />I00 1/2
<br />100
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<br /> If any Bond (or any portion of the principal amount thereof in installments of
<br />$5,000) shall be called for redemption, notice of the redemption thereof, specifying the
<br />date, number and maturity of such Bond, the date and place or places fixed for its
<br />redemption, the premium, if any, payable upon such redemption, and if less than the
<br />entire principal amount of such Bond is to be redeemed, that such Bond must be
<br />surrendered in exchange for the principal amount thereof to be redeemed and a new Bond
<br />or Bonds issued equaling in principal amount that portion of the principal amount thereof
<br />not to be redeemed, shall be mailed not less than thirty (30) days prior to the date fixed
<br />for redemption by first class mail, postage prepaid, to the Registrar for the Bonds as of
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