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<br />wi <br />with th <br />f <br />ll <br />d <br />h <br />d <br />l <br />i , <br />o <br />ance <br />o <br />ng sc <br />accor <br />e <br />e <br />u <br />e, plus <br />nterest accrued on <br />the Bonds so redeemed to the date fixed for redemption: ' <br />Redemption Period <br />Both Dates Inclusive) Redemption Price <br /> , <br />August 1, 2003 to July 31, 2004 102% <br />August 1, 2004 to July 31, 2005 101% <br />August 1, 2005 to thereafter 100% ' <br />Section 4. At the option of the Underwriter, the ' <br />Underwriter may aggregate the Bonds into one or two term bonds <br />payable from mandatory sinking fund redemption payments (the "Term ' <br />Bonds") required to be made as set forth below. The Term Bonds <br />shall have a stated maturity or maturities on February 1 and August ' <br />1. Such Term Bonds shall be subject to mandatory sinking fund <br />d <br />ti <br />i <br />re <br />emp <br />on pr <br />or to maturity at a redemption price equal to 100% <br />of the principal amount thereof, plus accrued interest to the ' <br />redemption date, but without premium, on February 1 and August 1 <br />in the years and in the principal amounts as selected by the , <br />Underwriter. The Trustee shall credit against the mandatory <br />sinking fund requirement for the Bonds aggregated into Term Bonds, ' <br />and corresponding mandatory redemption obligation, in the order ' <br />determined by the Authority, any of the Bonds aggregated into Term <br />Bonds which have been previously been redeemed (otherwise than as , <br />a result of a previous mandatory redemption requirement) or <br />delivered to the Trustee for cancellation or purchased for ' <br />cancellation by the Commission and not therefore applied as a ' <br />a Term Bond so delivered or cancelled .shall be credited by the '. <br />credit against any redemption obligation. Each Bond maturing as <br />~-0 ~ <br />