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Caption: Board of Trustees Minutes - 1964
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1964] Year of Maturity 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 U N I V E R S I T Y OF I L L I N O I S 1049 1964 Series B Bonds Amount 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40.000 40,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 60,000 70,000 80,000 80,000 90,000 100,000 100,000 100,000 100,000 100,000 110,000 120,000 130,000 130,000 140,000 150,000 Interest Rate 3M% 3V2% 3H% 3Y2% 3K% 3H% 3V2% 1964 Series A Bonds ... ... Amount $ 20,000 20,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 50,000 320,000 Interest Rate VA% 3V2% 3V2% 3V2% sy2% ... ... ... ... ... ... ... ... m% 3V % 2 Wi% 3V2% 3Y2% 3^% 3H% m% m% 3V%% 3H% 3V2% 3V2% 3lA% 3V2% 3V2% 3X% 3V2% 3Vi% 3Vi% 3.60% 3.60% 3.60% 3.60% 3.60% 3.60% 3.70% 3^% 3H% 3Vs% 3H% 3H% 3H% 3%% 3%% 3%% m% 3V % 2 3V2% 3V2% 3H% 3H% 3V2% 3V2% 3V2% 3.60% 3.60% 3.60% 3.60% 3.60% 3.60% 3.70% 3.70% 3.70% 3.70% 3.70% 3.70% 3%% ... ... ... ... ... ... ... ... ... ... m% 3H% The 1964 Series A Bonds and the 1964 Series B Bonds shall be redeemable prior to their maturity at the option of the Board of Trustees, either in whole or in part, on April 1, 1974, or on any interest payment date thereafter in the inverse order in which they mature at the principal amount thereof plus accrued interest to the date of redemption plus a premium of the following percentages of such principal amount if redeemed during the following periods respectively: Period of Redemption Applicable Premium April 1, 1974 through October 1, 1978 4% April 1, 1979 through October 1, 1983 3% April 1, 1984, through October 1, 1988 2% April 1, 1989 through October 1, 1993 \i/i% April 1, 1994 through October 1, 1998 1% April 1, 1999 or thereafter prior to maturity None All redemptions shall be made in the manner, upon the notice, and with the effect provided in Article Three of the Original Resolution. the interest on the 1964 Series A Bonds and the 1964 Series B Bonds shall be payable in any coin or currency which, on the respective date of payment of such SECTION 2.3. Payment of Principal and Interest. Both the principal of and
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