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2 <br />Bonds in the denomination of five thousand dollars ($5,000) each, shall <br />be numbered B1 to B70, inclusive, and shall mature and become pay- <br />able in consecutive numerical order from lower to higher, as set forth <br />in the following schedule: <br /> <br />Maturity Date ,Pr?nc~?~al <br />May t Amoun~ <br />1970 ............................ $ 5,000 <br />1971 ............................ 5,000 <br />1972 ............................ 10,000 <br />1973 ............................ 10,000 <br />1974 ............................ 10~000 <br />1975 ............................ 10,000 <br />1976 ............................ 10,000 <br />1977 ............................ 10,000 <br /> <br />Maturity Date ~'rlnclpal <br />May I Amount <br /> <br /> 1978 ............................ $ 10,000 <br /> 1979 ............................ 10,000 <br /> 1980 ............................ 10,000 <br /> 1981 ........................... ~ 15,000 <br /> 1982 ............................ 15,000 <br /> 1983 ............................ 15,000 <br /> 1984. ........................... 15,000 <br /> <br />1994- ........................... $190,000 <br /> <br /> The Series B Bonds shall bear interest at such rate or rates, not <br />exceeding six per cent (6%) per annum, as may be fixed by the Council <br />at the time of sale of the Series B Bonds. Such interest on the Series B <br />Bonds shall be payable semiannually on ]gay i and November i in <br />each year. The interest coupons attached to the Series B Bonds shall <br />be numbered in consecutive numerical order, and eaoh such coupon shall <br />represent six months' interest on the Series B Bond to which it is <br />attached. Both the principal of and interest On the Series B Bonds s]~ail <br />be payable at the principal office of the Fiscal Agent in San Francisco, <br />California, in lawful money of the United S~atos of America, or, at <br />the option of the holder, at the office of th9 Paying Agent in New York, <br />New York, or in Chicago, Illinois. <br /> Series B Bonds maturing in the years i970-1984, bot'ti inclusive, <br />are hereby designated "Series B Serial Bonds" and Series B Bonds <br />maturing in the year 1994 are hereby designated "Series B Term <br />Bonds". <br /> SEcx~o~ 10.02. Redemlgt~o~. Series B Bonds numbered B1 <br /> B32, both inclusive, maturing on or before ~ay 1, 1984, ar~ n'~o subject <br /> to redemption prior to their respective maturity dates. Series B Bonds <br /> numbered B33 Lo B70, both inclusive, maturing on May 1, 1994, are <br /> <br /> <br />