Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 47]

EXTRACTED TEXT FROM PAGE:

44

BOARD OF TRUSTEES Serial Numbers, Both Inclusive, of "A" and "B" Bonds 871 to 940 941 t o 1015 1016 t o 1090 1091 t o 1165 1166 t o 1245 1246 t o 1325 1326 t o 1410 1411 t o 1495 1496 to 1585 1586 to 1675 1676 to 1770 1771 to 1865 1866 to 1965 1966 to 2065 2066 to 2170 2171 to 2275 2276 to 2385 2386 to 2495 2496 t o 2610 2611 to 2730 2731 t o 2850 2851 to 2975 2976 to 3100

[September 18

Principal Amount $ 70,000 75,000 75,000 80,000 80,000 85,000 85,000 90,000 90,000 95,000 95,000 100,000 100,000 105,000 105,000 110,000 110,000 115,000 120,000 120,000 125,000 125,000

75.°o°

Maturity October 1 1974 October 1 1975 October 1 1976 October 1 1977 October 1 1978 October 1 1979 October 1 1980 October 1 1981 October 1 1982 October 1 1983 October 1 1984 October 1 1985 October 1 1986 October 1 1987 October 1 1988 October 1 1989 October 1 1990 October 1 1991 October 1 1992 October 1 1993 October 1 1994 October 1 1995 October 1 1996

provided, however, that said bonds numbered 421 through 3100, inclusive, shall be redeemable as a whole or in part, prior to their maturity, in the inverse order in which they are numbered; that is to say, bond number 3100 shall be called and redeemed first before bond number 3099 is called and redeemed, and continuing such priority throughout said bond numbers. Bonds numbered 2496 through 3100 shall be redeemable in whole or in part, prior to maturity, on any interest payment date at the option of T h e Board of Trustees of the University of Illinois at par and accrued interest, and bonds numbered 421 through 2495 shall be redeemable, prior to maturity, in whole or in part on any interest payment date at the option of The Board of Trustees of the University of Illinois on October 1, 1967, or on any interest payment date thereafter at par and accrued interest and a premium of three per cent ( 3 % ) of the principal amount thereof if redeemed on October 1, 1067, or on any interest payment date thereafter up to and including October I, 1971; as a whole or in part, at par and accrued interest, and a premium of two and one-half per cent (2^4%) of the principal amount thereof if redeemed on April I, 1972, or on any interest payment date thereafter up to and including October I, 1976; as a whole or in part, at par and accrued interest, and a premium of two per cent ( 2 % ) of the principal amount thereof if redeemed on April 1, !977, or on any interest payment date thereafter up to and including October 1, 1981; as a whole or in part, at par and accrued interest, and a premium of one and one-half per cent ( i ^ 4 % ) of the principal amount thereof if redeemed on April 1, 1982, or on any interest payment date thereafter up to and including October I, 1986; as a whole or in part, at par and accrued interest, and a premium of one per cent ( 1 % ) of the principal amount thereof if redeemed on April 1, 1987, or on any interest payment date thereafter prior to maturity. Notice of redemption of any or all of said bonds shall be given by publication at least once not less than thirty days prior to the date of redemption, such publication to be made once in one newspaper published and of general circulation in the City of Chicago and also in a financial journal published in the English language in the City and State of New York, and such notice of redemption shall with substantial accuracy ( a ) designate the date and place of redemption, such place to be at the First National Bank of Chicago, in the City of Chicago, Illinois, or at the option of the holder thereof at the Chase Manhattan Bank, in the City of New York, New York, and (b) designate the numbers and the aggregate principal amount of said bonds, and ( c ) state that on the designated date of redemption said bonds will be redeemed by payment of principal thereof and accrued interest