Repository: UIHistories Project: Board of Trustees Minutes - 1964 [PAGE 266]

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1962]

Year of Maturity 1965 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

UNIVERSITY OF ILLINOIS 1962 Series B Bonds Amount 3 20,000 20,000 30,000 30,000 30,000 30,000 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 60,000 60,000 60,000 70,000 70,000 70,000 70,000 80,000 80,000 80,000 90,000 90,000 100,000 100,000 120,000 130,000 130,000 140,000 Interest Rate 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3J4% 3\i% 3M% 3J^% 3%% 3}4% 3}4% 3H% 3J4%, 334% 3.40% 3.40% 3.40% 3.40% 3J^% 3V2% 3l/2% 3V2% 3^% 3>^% 3V2% 3V2% 3.60% 3.60% 3.60% 3.60% 1962 Series C Bonds Amount $ 40,000 40,000 40,000 50,000 50,000 50,000 60,000 60,000 70,000 70,000 70,000 70,000 70,000 80,000 80,000 90,000 90,000 100,000 110,000 110,000 120,000 120,000 120,000 130,000 130,000 140,000 140,000 150,000 150,000 150,000 160,000 160,000 170,000 180,000 190,000 210,000 230,000 250,000

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Interest Rate l\i% 2M% 2\i% 2.90% 2.90% 2.90% 2.90% 2.90% 3% 3% 3% 3% 3U% 3\i% 3}i% 3^% 3\i% 3\i% 33/8% S*A% 3%% 3^% 3%% 3%% 3%% 3^% 3%% 3%% 3V%% 3^g% 3%% 3%% 3^% 3^% 3%% 3%% 3%% 3%%

The 1962 Series B Bonds and the 1962 Series C Bonds shall be redeemable prior to their maturity at the option of the Board of Trustees, either in whole or in part, on October 1, 1972, 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 October 1, 1972 through April 1, 1977 3% October 1, 1977 through April 1, 1982 2i/ 2 % October 1, 1982 through April 1, 1987 2% October 1, 1987 through April 1, 1992 11/2% October 1, 1992 through April 1, 1997 1% October 1, 1997 or thereafter prior to maturity None provided, however, that the 1962 Series C bonds maturing in the years 1997 through 2002 shall be redeemable prior to their maturity at the option of the Board of Trustees, either in whole or in part, on any interest payment date at the principal amount thereof plus accrued interest to the date of redemption and without premium. All redemptions shall be made in the manner, upon the notice, and with the effect provided in Article Three of the Original Resolution.