2000-10-02 Resolution 142 - Laserfiche WebLink

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Purchase Contract executed on behalf of the Authority, but in no event earlier than February 1, 2001. The proceeds of the Bonds shall be delivered to the Trustee and applied by the Trustee in accordance with the Trust Agreement. Section 3. The Bonds maturing on or after February 1, 2011, may be redeemed prior to maturity, at the option of the Authority in whole or in part, in whole multiples of $5,000, in such order of maturities as the Authority shall direct, and by lot within maturities, on February 1, 2010, or any date thereafter from any moneys made available for such purpose, at a redemption price equal to the following percentages of the principal amount redeemed, plus in each case accrued interest to the date fixed for redemption: Redemption Date Price February 1, 2010, or thereafter on or before 101% January 31, 2011 • Febru 1 2011, and thereafter prior to maturity 100% ~'Y Section 4. At the option of the Underwriter of the Bonds, the Bonds may be aggregated into one (1) or more term bonds payable from mandatory sinking fund redemption payments (the "Term Bonds") as provided in the Trust Agreement. The Term Bonds shall have a stated maturity or maturities on February 1 or August 1. Such Term Bonds shall be subject to mandatory sinking fund redemption prior to maturity at a redemption price equal to 100% of the principal amount thereof, plus accrued interest to the redemption date, but without premium, on February 1 or August 1 in the years and in the principal amounts set forth in the maturity schedule for the Bonds contained in the notice of intent to sell bonds to be published by the Authority as L~ -4- ::ODMA\PCDOCS\SBDOCS 1\72632\3