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[9]

Part of Minutes of the University of Kentucky Board of Trustees

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BONDS NUMBERED PRINCIPAL AMOUNT DATES OF MATURITY (Inc1usi~ - - 1-15 $ 15, 000.00 May 1, 1955 16-30 15, 000.00 May 1, 1956 31-46 16,000.00 May 1, 1957 47-62 16, 000. 00 May 1, 1958 63-79 17, 000. 00 May 1, 1959 80-96 17, 000.00 May 1, 1960 97-114 18,000.00 May 1, 1961 115-133 19, 000.00 May 1, 1962 134-152 19,000.00 May 1, 1963 153-172 z0, 000. 00 May 1, 1964 173-192 20, 000.00 May 1, 1965 193-213 21,000.00 May 1, 1966 214-235 22, 000. 00 May 1, 1967 236-258 23, 000. 00 May X, 1968 259-281 23, 000.00 May 1, 1969 282-305 24, 000. 00 May 1, 1970 3 06-330 25, 000. 00 May 1, 1971 331-356 26, 000.00 May 1, 1972 357-383 27, 000. 00 May 1, 1973 384-411 28, 000.00 May 1, 1974 412-440 29, 000.00 May 1, 1975 441-470 30, 000.00 May I, 1976 471-501 31,000.00 May 1, 1977 502-533 32, 000. 00 May 1, 1978 534-566 33, 000. 00 May 1, 1979 567-600 34, 000. 00 May 1, 1980 601-635 35, 000.00 May 1, 1981 636-672 37, 000.00 May 1, 1982 673-710 38,000.00 May 1, 1983 provided, however, that said bonds numbered 63 to 710, inclusive, shall be redeemable prior to maturity in whole, or from time to time in part, in the inverse order of their maturity (less than all of a single maturity to be selected by lot), on any interest payment date on or after May 1, 1958, providing a notice specifying the bonds to be redeemed shall have been on file at the place of payment of the principal and interest at least thirty (30) days prior thereto, and provided also that such notice shall have been published at least once not less than thirty (30) days prior to the redemption date in a newspaper having general circulation throughout Kentucky. In the event of redemption prior to stated maturities in ac- cordance with these provisions the holder of each bond so redeemed shall be entitled to receive on the specified redemption date the face amount of the bond, together with interest to the redemption date at the coupon rate and together with additional interest, per bond, in the sum of Thirty Dollars ($ 30. 00) if the redemption date is prior to May 1, 1963; Twenty Dollars ($ 20. 00) if the redemption date is on or after May 1, 1963 but prior to May 1, 1968; Fifteen Dollars ($ 15. 00) if the redemption date is on or after May 1, 1968 but prior to May 1, 1973; Ten Dollars ($ 10. 00) if the redemption date is on or after May 1, 1973 but prior to May 1, 1978; and Five Dollars ($ 5. 00) if the redemption date is on or after May 1, 1978, to final maturity. All bonds called for redemption and for which