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Ail of the Series B bonds shall bear interest <br />from their date until paid at the rate or rates desig- <br />nated by the City Council of the City of Pleasanton at <br />the time of the sale of said bonds, but not to exceed six <br />per cent (6%) per annum. Interest on the Series B bonds <br />shall be payable annually the first year and semiannually <br />thereafter. Such interest shall be evidenced by coupons <br />attached to each Series B bond, which shall be numbered <br />in consecutive numerical order from 1 upwards in the order <br />of their respective maturities, and each of said coupons <br />shall represent six months' interest (except the first <br />coupon on the Series B bonds, which shall represent twelve <br />months' interest) on the Series B bond to which it is at- <br />tached. The interest coupons on the Series B bonds shall <br />be payable annually the first year on October 1, 1969 and <br />thereafter semiannually on April 1 and October 1 in each <br />year until and at the respective maturity dates of the <br /> <br />Series B bonds. <br /> <br /> The Series B bonds <br />consecutive numerical order, <br />October 1 in each of the <br /> <br /> shall mature serially in <br /> <br /> from lower to higher, on <br />years, as follows: <br /> <br />Principal <br />Amount <br /> <br />$ 5,000 <br />10,000 <br />15,000 <br />20,000 <br />25,000 <br />30,000 <br />35,000 <br /> <br />Maturity Date (October 1) <br />(both ~ears inclusive) <br /> <br />1970 1972 <br />1973 - 1975 <br />1976 - 1984 <br />1985 - 1989 <br />1990 - 1993 <br />1994 - 1997 <br />1998 <br /> <br /> <br />