Laserfiche WebLink
Section 9. Said bonds shall be issued as hereinafter <br />set forth, and shall be sold in accordance with law at not less <br />than their par value and accrued interest. Said bonds shall be <br />$190,000 in aggregate principal amount and shall be known as <br />"City of Pleasanton 1958 Sewer and Drain Bonds". Said bonds <br />shall be negotiable in form, and of the character known as serial, <br />and shall be 190 in number, numbered consecutively from 1 to 190, <br />both inclusive, of the denomination of $1,000 each. Said bonds <br />shall be dated July 15, 1958 (which is hereby fixed and determined <br />to be the date of the issue of such bonds). Ail of said bonds <br />shall bear interest from their date until paid at the rate or <br />rates designated by the City Council of the City of Pleasanton <br />at the time of the sale of said bonds, but not to exceed six <br />(6) per cent. per annum, payable semiannually. Such interest <br />shall be evidenced by coupons attached to each bond, and each <br />of said coupons shall represent six months' interest on the bond <br />to which it is attached. Said interest coupons shall be payable <br />on the 15th day of January and the 15th day of July in each <br />year until and at the respective dates of maturity of said <br />bonds. Said bonds shall mature and be payable in consecutive <br />numerical order, from lower to higher, as follows: <br /> <br /> <br />