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: • RESOLUTION #3151 <br /> Year Amount Year Amount <br /> � 1994 � $ 85, 000 2002 $140, 000 <br /> 1995 90, 000 2003 145, 000 <br /> 1996 95, 000 2004 155, 000 <br /> 1997 105, 000 2005 165, 000 <br /> 1998 110, 000 2006 175, 000 <br /> 1999 �115,�0'00 2007 180, 000 <br /> 2000 125, 000 � 2008 185, 000 <br /> 2001 130, 000 <br /> all Bonds maturing on or after February 1, 2001, being subject to , <br /> redemption and prior payment in whole or in part in inverse order <br /> of maturity and by lot within a maturity at the option of the <br /> City on February 1, 2000, and any interest payment date <br /> thereafter at par and accrued interest. In the event of <br /> redemption by lot of Bonds of like maturity, the Bond Registrar <br /> . shall assign to each Bond of such maturity then outstanding a <br /> distinctive number for each $5, 000 of the principal amount of <br /> such Bonds and shall select by lot in the manner it determines <br /> the order of numbers, at $5, 000 for each number, for all <br /> outstanding Bonds of like maturity. The order of selection of <br /> Bonds to be redeemed shall be the Bonds to which were assigned <br /> numbers so selected, but only so much of the principal amount of <br /> each Bond of a denomination of more than $5, 000 shall be redeemed <br /> as shall equal $5, 000 for each number assigned to it and so <br /> selected. Notice of any redemption shall be given by mail in the <br /> manner required by Minnesota Statutes, Section 475 .54. The Bonds <br /> • shall be numbered from R-1 upwards in order of issuance or in <br /> such other order as the Registrar may detennine and shall be in <br /> the denomination of $5, 000 each or any integral multiple thereof <br /> not exceeding the amount maturing in any year. <br /> 3 . The Bonds, the Registrar' s Authentication <br /> Certificate, the form of assignment and the City Clerk's <br /> Certificate on the reverse side thereof shall be in substantially <br /> the following form: • � <br /> UNITED STATES OF AMERICA <br /> STATE OF MINNESOTA � <br /> COUNTY OF HENNEPIN <br /> � CITY OF ORONO <br /> No. R $ <br /> GENERAL OBLIGATION <br /> SEWER IMPROVEMENT BOND, SERIES 1992 <br /> Interest Rate Maturitv Date of Original Issue CUSIP <br /> August 1, 1992 <br /> Registered Owner: <br /> - Principal Amount: � <br /> • -3- . <br />