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[174] > Image [174] of Minutes of the University of Kentucky Board of Trustees, 1973-11-dec11.

Part of Minutes of the University of Kentucky Board of Trustees

OFFICIAL BID FORM $5,500,000 UNIVERSITY OF KENTUCKY COMM UNITY COLLEGES EDUCATION BUILDINGS REVENUE BONDS. SERIES C ____ ,1974 To the Honorable Chairman and Members of the Board of Trustees of the Univ ersity of Kentucky University of Kentucky Lexington, Kentucky Gentlemen: We have observed your published "Notice of Sale of Bonds" concerning the submission of sealed, competitive bids for the purchase of all or none of your $5, 500, 000 "Community Colleges Educational Buildings Revenue Bonds, Series C, " dated February 1, 1974, and have obtained, examined and are familiar with further details and conditions relating to your public offering of said Bonds as set forth in your "Official Statement" in connection therewith. By our submission of this bid wnte agree to all oi the ternis and conditions set forth in said instruments. We hereby offer to purchase from you the entire $5, 500, 000 of said Series C Bonds; and to pay you therefor the sum of $ _ (not less than $5, 390,000), with interest from February 1, 1974, to delivery, subject to your establishment of the respective interest coupon rates set forth below. The Series C Bonds are to be dated February 1, 1974, and shall mature on NMay I of the respective years, and bear interest at the respective coupon rates, as follows: Coupon Coupon Coupon Year Amount Rate Year Amount Rate Year Amount Rate 1975 $ 70,000 % 1985 $130,000 % 1995 $220,000 %___ 1976 75,000 oo % 1986 135,000 _ 's 1996 235, 000 _lo_ 1977 80,000 % 1987 145,000 % 1997 250,000 _ o 1978 85,000 so 1988 150,000 _____ 1998 265,000 _ lo 1979 90,000 % 1989 160,000 % 1999 280,000 ____ 1980 100,000 % 1990 170,000 % 2000 295,000 __' 1981 100,000 _ _ 1991 180,000 % 2001 310,000 % 1982 110,000 _ 1992 190,000 % 2002 330,000 % 1983 115,000 % 1993 200,000 % 2003 345,000 %__ 1984 1 20,000 _ ' 1994 210,000 _ o 2004 350,000 t_ 0 This bid is made with the understanding that the Board of Trustees wvill furnish without cost to the successful bidder the unqualified approving legal opinion of Grafton, Ferguson, Fleischer & Harper, Lawyers, of Louisville, Kentucky, the executed Bonds and the customary closing certificates including the usual certificate that at the time no litigation affecting the legality of the Bonds is pending, or known to the signers of such certificate to be threatened.