Purchase of $7,150,000* General Obligation Urban Renewal Bonds, Series 2026E (the "Bonds"). The Bonds will be issued as fully registered bonds in denominations of $5,000 or any integral multiple thereof, will be dated August 26, 2026, will bear interest payable semiannually on each June 1 and December 1 to maturity, commencing December 1, 2026, and will mature on June 1 in the following years and amounts: Year* Principal Amount* 2027 $640,000 2028 590,000 2029 620,000 2030 650,000 2031 685,000 2032 $720,000 2033 755,000 2034 790,000 2035 830,000 2036 870,000. The right is reserved to the City to call and redeem all of the Bonds maturing in the years 2035 and 2036, in whole or from time to time in part, in one or more units of $5,000, on June 1, 2034, or on any date thereafter prior to and in any order of maturity (and within a maturity by lot), upon terms of par and accrued interest. Bidders must specify a price of not less than $7,078,500, plus accrued interest.
Available