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HomeMy WebLinkAbout03-57 RESOLUTIONCITY OF FAYETTEVILLE, ARKANSAS SEWER. REVENUE BOND FUND OF 1953 Worksheet for Calling Bonds Cash Balance , March 31 Add April Transfer Total Available Less: Interest due May 1 Principal due May 1 (Bond No. 12) Call Bonds: Number 36 11 11 35 34 33 Agents Fees Balance May 2 Add: May through October transfers at $ 222 per month Total Aelable October 15 Less: Interest due November 1 Agents Fees Balance November 2 Add: November and December transfers at $ 222 per month. Cash Balance December 31 Debt Service 1958 Principal Interest Agents Fees Total $ 1000.00 100.00 100.00 100.00 $ 182.00 1000.00 1300.00 3.08 $ 144.25 1.00 $ 1000.00 273.50 2.61 $ 1276.11 $ 2786.82 222.00 3008.82 2485.08 $ 523.74 1332.00 $ 1855.74 145.25 $ 1710.49 444.00 $ 2154.49 Coupons .25 per $ 100 Bonds .125 per $ 100 Resolved: That the City Clerk be, and is hereby authorised and directed to publish notice of the City of Fayetteville's election to call for redemption on May 1, 1957, Sewer Revenue Bonds of 1953 numbered 33 through 36. The bonds is the principal amount of $ 1,300.00 and maturing May 1, 1966, were 1 issued pursuant to the terms and provision of Ordinance number 1050. +fid At,4 d -4p 'i L ATTEST: t. ORGE J. AV GE a; CITY CLERK APPROVED: a7SCal T, MAYOR�