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1990-12-17 Resolution 27
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1990-12-17 Resolution 27
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7/17/2008 2:10:21 PM
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,~ <br />Year Amount Year Amount <br />1997 $ 50,000 2006 $160 <br />000 <br />1998 70,000 2007 , <br />170,000 <br />1999 90,000 2008 185,000 <br />2000 100,000 2009 200,000 <br />2001 110,000 2010 210,000 <br />2002 120,000 2011 230,000 <br />2003 130,000 2012 245,000 <br />2004 135,000 <br />2005 150,000 <br />Section 3. The Bonds maturing on or after August 1, <br />n <br />U <br />2001, may be redeemed prior to maturity, at the option of the <br />Authority in whole or in part in whole multiples of $5,000, in <br />inverse order of maturity and by lot within maturities, on any date <br />not earlier than August 1, 2000, from any moneys made available for <br />that purpose, at face value plus accrued interest to the date fixed <br />for redemption together with a premium of two percent (2%) if <br />redeemed on August 1, 2000, or thereafter on or before July 31, <br />2001; one percent (1%) if redeemed on August 1, 2001, or thereafter <br />on or before July 31, 2002; and without premium thereafter. <br />Section 4. Said Bonds shall be issued in accordance <br /> <br />with and shall be secured by a trust. agreement substantially in the <br />form of a Trust Agreement as submitted to this meeting, with such <br />changes as the President and the Secretary of the Authority deem <br />necessary or appropriate to effectuate these resolutions and to <br />consummate the sale of the Bonds, said officers' execution and <br />attestation thereof to be conclusive evidence of their approval of <br />such changes. <br />-3- <br />\rlhill\sthbnd\airport\resoluti\ra-auth.l;tmg;12/14/90; <br />
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