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Status: Needs Review

The 1963 Series A bonds shall bear interest from their date until their payment at a rate or rates which will result in an average annual net interest cost to the Board of not exceeding two and three-fourtihs per centum (2 3/4%) per annum.

$305,000 Series B bonds (herein sometimes called the "1963 Series B bonds"), maturing on the 1st day of November in the years and amounts and numbered as follows:

Year of
Maturity
1964
1965
1966
1967
1968
1969
1970

Principal
Amount
$38, 000
40,000
42,000
44,000
45, 000
47,000
49,000

Numbers
(all inclusive)
1-B
39-B
79-B
121-B
165-B
210-B
257-B

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38-B
78-B
120-B
164-B
209-B
256-B
305-B

$533,000 Series C bonds (herein sometimes called the "1963 Series C bonds") , maturing on the 1st day of No vember in the years and amounts and numbered as follows:

Year of
Maturity
1971
1972
1973
1974
1975
1976
1977
1978
1979

Princip al
Amount
$ 51,000
53,000
55, 000
57,000
60,000
62,000
63,000
65, 000
67,000

Numbers
(all inclusive)
1-C
52-C
105-C
160-C
217-C
277-C
339-C
402-C
467-C

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51-C
104-C
159-C
216-C
276-C
338-C
401-C
466-C
533 -C

The 1963 Series C bonds shall bear interest from their date until their payment at a rate or rates which will result in an average annual net interest cost to the Board of not exceeding three and one-half per centum (3 1/2%) per annum.

$1,000,000 Series D bonds (herein sometimes called the "1963 Series D bonds"), maturing on the 1st day of November in the years and amounts and numbered as follows:

Year of
Maturity
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991

Princip al
Amount
$ 72,000
74, 000
76,000
78, 000
80,000
83,000
85, 000
86,000
88, 000
90,000
93,000
95, 000

Numbers
(all inclusive)
1 -D
73-D
147-D
223-D
301-D
381-D
464-D
549-D
635-D
723-D
813-D
906-D

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72-D
146-D
222-D
300-D
380-D
463-D
548-D
634-D
722-D
812-D
905-D
000-D

The 1963 Series D bonds shall bear interest from their date until their payment at a rate or rates which will result in an average annual net interest cost to the Board of not exceeding three per centum (3%) per annum.

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