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Year of Maturity Principal Amount Year of Maturity Principal Amount
1965 $14,000 1984 $26,000
1966 14,000 1985 26,000
1967 14,000 1986 26,000
1968 14,000 1987 29,000
1969 14,000 1988 29,000
1970 14,000 1989 29,000
1971 17,000 1990 32,000
1972 17,000 1991 32,000
1973 17,000 1992 32,000
1974 17,000 1993 35,000
1975 17,000 1994 35,000
1976 20,000 1995 35,000
1977 20,000 1996 39,000
1978 20,000 1997 39,000
1979 20,000 1998 39,000
1980 23,000 1999 43,000
1981 23,000 2000 43,000
1982 23,000 2001 45,000
1983 23,000 2002 45,000

Denomination $1,000; coupon bonds registrable as to principal alone; principal of the bonds and semi-annual interest (March 1 and September 1) payable at the Wachovia Bank and Trust Company, in the City of Raleigh, North Carolina, or, at the option of the holder or registered owner, at First National City Bank, in the Borough of Manhattan, City and State of New York. Interest at such rate or rates, not exceeding five per centum (5%) per annum and averaging not greater than three and one-half per centum (3 1/2%) per annum, as are specified in the successful bid. At the option of the purchasers, a single non-negotiable temporary bond in the amount of each purchase and registered as to principal and interest will be issued, exchangeable within 90 days after notice for definitive negotiable coupon bonds in the denomination of $1,000.


The bonds are part of an issue of $2,942,000 bonds of the Board, authorized by a resolution adopted by the Board on February 26, 1962, as amended by a resolution adopted by the Board on February 25, 1963, consisting of (i) said $1,000,000 University of North Carolina Student Apartment Revenue Bonds of 1962, Series A, and (ii) $2,942,000 University of North Carolina Student Apartment Revenue Bonds of 1962, Series B, bearing interest at the rate of three per centum (3%) per annum and maturing serially on September 1 in the years 1963 through 1998, issued for the combined purpose of refunding University of North Carolina Student Apartments Revenue Bond, Series 1958, No. T-1, outstanding in the principal amount of

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