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Appropriating Moneys Defraying the Expenses Waste Water Treatment Plant January 1, 1974
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Appropriating Moneys Defraying the Expenses Waste Water Treatment Plant January 1, 1974
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11/25/2013 3:26:06 PM
Creation date
11/25/2013 3:21:05 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
11/26/1973
Ord-Res Number
5615-73
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SINKING FUND <br />1974 <br />BONDS <br />810.0 Principal 330,000.00 <br />820.0 Interest 321,374.00 <br />IL"j1 '-1114, <br />651,374.00 <br />NOTE 1: In regard to the Sinking Fund, the requirements <br />of the senior bond issue states that there must <br />be maintained "an amount sufficient to meet the <br />requirements of the Sinking Fund for the next <br />succeeding twelve calendar months ". <br />NOTE 2: The senior bond issue also spells out that a <br />buffer of 100% of the following years needs for the <br />Sinking Fund must also be maintained. <br />-7- <br />
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