Laserfiche WebLink
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 />