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All the Bonds of each series shall bear interest <br /> from their date until paid at the rate, or rates, desig- <br /> nated by this City Council at the time of the sale thereof, <br /> but not to exceed six (6) per cent per annum. Said inter- <br /> est on each series of the Bonds shall be payable semiannu- <br /> ally or annually the first year and thereafter semiannually <br /> as determined by this City Council at the time of issuance <br /> and sale of such series of the Bonds. Such interest on <br /> the Bonds shall be evidenced by coupons attached to each <br /> Bond, and each of said coupons shall ropresent six months' <br /> interest (except the first coupon on Bonds as to which <br /> interest is payable annually the first year, which shall <br /> represent twelve months' interest) on the Bond to which <br /> it is attached. <br /> <br /> Interest on the Series A Bonds shall be payable <br />annually the first year and semiannually thereafter. Such <br />interest shall be evidenced by coupons attached to each <br />Series A Bond, which shall be numbered in consecutive nu- <br />merical order from 1 upwards in the order of their respec- <br />tive maturities, and each of said coupons shall represent <br />six months' interest (except the first coupon on the Series <br />A Bonds, which shall represent twelve months' interest) on <br />the Series A Bond to which it is attached. The interest <br />coupons on the Series A Bonds shall be payable annually <br />the first year on March 1, 1969 and thereafter semiannually <br />on September 1 and March 1 in each year until and at the <br />respective maturity dates of the Series A Bonds. <br /> <br /> The Series A Bonds shall mature serially in <br />consecutive numerical order, from lower to higher, on <br />March 1 in each of the years, as follows: <br /> <br /> <br />