1992-09-10 Resolution 64 - Laserfiche WebLink

Home Browse Search

Year Amount Year Amount • 1999 $ 40,000 2007 $450,000 2000 90,000 2008 470,000 2001 140,000 2009 505,000 2002 205,000 2010 535,000 2003 270,000 2011 570,000 2004 340,000 2012 605,000 2005 395,000 2013 645,000 2006 420,000 Section 3. The Bonds maturing on or after March 1, 2002, may be redeemed prior to maturity, at the option of the Authority in whole or in part in whole multiples of $5,000, in inverse. order of maturity and by lot within maturities, on any date not earlier than March 1, 2001, from any moneys made available for that purpose, at face value plus accrued interest to the date fixed for redemption together with a premium of two percent (2%) if redeemed on March 1, 2001, or thereafter on or before February 28, 2002; one percent (1%) if redeemed on March 1, 2002, or thereafter on or before February 28, 2003; and without premium thereafter. Section 4. Norwest Bank Indiana, N.A., South Bend, Indiana, is hereby appointed to serve as trustee (the "Trustee") in connection with the issuance of the Bonds to finance the Project. The Trustee shall be charged with and shall by the Trust Agreement undertake the duties and responsibilities customarily associated with such position, as evidenced by the Trust Agreement. Section 5. Said Bonds shall be issued in accordance with and shall be secured by a trust agreement substantially in the form of a Trust Agreement as submitted to this meeting, with such changes as the President and the Secretary of the Authority deem i• -3-