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84-77 .' . ~ . '\ ~ ~. " . . ',','> ; . .... '- \" '. f ~ . r, 1 , ,. ': . :, .. '" ~,' . . " J~ ~ '\ '. . "', " . . . .'.. ; c . ~ ! ~. <' . ~ .' .! : . , . I ' " > ,'1 .,. ," '\ .' . .. . .' ~ ., , .' \1- .'. . ! ;. . .;' I ~ .: ,..' : ': . ~ . ;0.,:.1.... . " .>h'- ", ~.. '. . j . .'. .<:. i . ~. '. . ~ ,~ r:' t-';'. . I. : " " s ~ RES 0 L UTI 0 N No. 84 77 A RESOLUTION AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $11,120,00U.00 GENERAL OBLIGATION BONDS OF THE CITY OF CLEARWATER, FLORIDA, TO FINANCE THE COST OF MUNICIPAL PROJECTS IN THE CITY: PROVIDING FOR THE CALLING A 'BOND ELECTION OF THE QUALIFIED ELECTORS RESIDING IN THE CITY TO BE HELD ON DECEMBER 4, 1904, ON THE QUESTION OF THE ISSUANCE OF SUCH GENERAL OBLIGATION BONDS; AND PROVIDING AN EFFECTIVE DATE: AND PROVIDING FOR PROPER NOTICE OF PROPOSED ENACTMENT. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA, IN SESSION DULY AND REGULARLY ASSEMBLED, AS FOLLOWS: Section 1. Authority of this Resolution. This Resolution is adopted pur~uant to Ordinance No. 1830 of the City of Clearwater; Chapter 166, Part II, Florida Statutes; Sections 100.201, et seq., Florida Statutes; and other applicable provisions of law. section 2. Authorization of Bonds. Subject and pursuant to the provisions hereof, General Obligation Bonds dated May 1, 1985 (herein called uBondsU) of the City of Clearwater, Florida ,(herein called UCity)), are authoriz~d to be issued in denominations of $5,000.00 or multiples thereof, in the aggregate principal amount of not exceeding Eleven Mi.llion One Hundred Twenty Thousand Dollars ($11,120,000.00) to finance the projects of the City as described in paragraphs numbered (1) and (2) in Section 3 hereof. The moneys received and interest earned from the issuance of such General obligation Bonds will be used for such purposes. Such General " Obligation Bonds shall be secured by the full faith and credit and the taxing power of the City. None of such bonds shall be issued for a longer term than thirty (30) years trom their date and issuance, and such bonds shall bear interest at a rate not exceeding 14%; the actual rate shall be determined upon sale of the bonds. Both Principal of, interest on the bonds, and redemption premiums, . if any, shall be payable at the office of the FiP~.1ce::Director or.at.th,e office of such other paying agent as may be designated by this Commission. The bonds shall mature in such amounts and on such '. dates as provided on Schedules A and B, attached to this Resolution, , " provided, however, that such amounts in any such year may be revised, 'I if required by market conditions at the time.of sale of the bonds, Res.. 84-71 " 10-4-84 . -1- " \0....... ........ --t---~...... : " , ; " , , " , " ' ", . .." O'~ _ ~ " . " L o < '~ . ,l , \, " , , " ' ,,' '0 , " ; l " ' , 1 . \.' ' . , - ~ . .:J ,':" " "; :,: . ','f. ~ , . I.. . ~:; (! ',: " ..:,',::,>:;,\',.~ ~ : ,!::,< ,,' i! "11: .~ .~ ,. '? I l~ " . I " PJ ,,~L . . o~, ';. :' ",: ~ ',)' '. .- '., !..,.. " "', '. . ;,,(,;';~','\ ~~J';i:[~ ')' , . '.~, . I ~ + . ',' 1 ~ c '0 _;~.,.~" : l . . ~,"':f':.,". , , , oi.' " ~ ~ so long as all bonds mature no later than thirty (30) years after the date of issuance thereof. The Bonds shall be issued pursuant to authority granted under this Resolution and authority granted by Ordinance No. 3757-84 of like effect adopted by the City Commission on even date herewith. Section 3. Bond Election. A bond clocdon of the qualified electors residing in the City is hereby called to be held on December 4, '1984, to determine whether or not the issuance of such " General Obligation Bonds in an aggregate amount of not exceeding Eleven Million One Hundred Twenty Thousand Dollars ($11,120,000) shall be approved by such qualified electors to finance the cost of the following municipal purposes 'within the City: (1) $3,860,000 to provide for acquisition of land, to expand and improve existing Bayfront parks and recreation facilities and for the beautification of the existing Bayfront through the creation of a greenbelt and a public waterfront promenade, and to beautify the Causeway medians, in the area bounded generally by Drew Street, Osceola Avenue, Pierce Street, and Clearwater Harbor. (2) $7,260,000 to provide for the acquisition of land North and South of existing Bayfront park to expand the Bayfront park system for active and passive parks and recreation, including concession, support and leisure activity facilities on such land, i.n the area between Jones Street, Osceola Avenue, Drew Street and Clearwater Harbor, ,and in the Ctl:ea West and South of the intersection of pierce Street and Pierce Boulevard. All of such purposes described above shall also include other purposes appurtenant or incidental thereto. All qualified electors residing in the City shall be entitled and permitted to vote in such bond election. The places of voting and the inspectors ,and clerks for the bond election shall be designated as provided by the Code of Ordinances, city of Clearwater, and by applicable State Law. The polls will be open at the voting places from seven (7) o'clock A.M. until seven (7) o'clock P.M. on the same day. Section 4. Official Ballot. Electronic voting system shall .be used'at such bond election and the form of ballots to be used shall be in sub~tantially the following form: -2- te-er./-77 " .' ',(. t,,". Y~"". - , .,.' ~ , , ,.-.-..._-0..--_- , '. ~' 4 ..... . ' e , \' ( '\ ' OFFICIAL BALLOT .' CITY OF CLEARWATER, FLORIDA BONO ELECTION - DECEMBER 4, 1984 . t L . ' , ' Proposition No. 1 - Bavfront Park Renewal Shall the City of Clearwater, Florida, issue not exceeding $3,860,000.00 principal amount of General Obligation Bonds of the City bearing interest not in excess of 14% per year (the actual rate of interest to be determined at the time , ' of the salp of the bonds), maturing as provided in Ordinance No. 3757-84 and in Resolution No. " , ; 84-77, but in any event not later than thirty (30) years from the date of issuance thereof, secured by the full faith and credit and the taxing powers of the City, for the purpose of rehabilitating Coachman Park, the Bayfront tennis . . . -, -.... ". -. . complex, and medians on Memorial Causeway; create . \,', a waterfront promenade, and acquire land to complete the greenbelt link, as more specifically described and provided in Ordinance No. 3757-84 and in Resolution No. 84-77 of the City. . ',:i Proposition No. 2 - Bayfront Park Expansion Shall the City of. Clearwater, Florida, issue not exceeding $7,260,000.00 principal amount of General Obligation Bonds of the City bearing interest not in excess of 14% per year (the actual rate of interest to be determined at the time of the sale of the " . :. , ~ ,,; .. . " ~ . '.' bonds), maturing as provided in Ordinance No. 3757-84 and in Resolution No. 84-77, but in any event not later than thirty (30) years from the date of issuance thereof, secured by the full faith and credit and the taxing powers of the City, for the purpose of financing land acquisition to expand Bayfront park system for active and passive parks and recreation, " , . . ' ': ,', ;',: '!. ."1 4'1 F ~. .~: i . l' . . , '. " , f"' I ,",:- .\ . i:, 0\,. .~: '. f ", . I . . I' ,. .....~., ~. . "'. ',' - ~ :\ .' ", . '~. . I ,j" . c : . .. . > ...~. /." ';',' ~. "T . .". " ," '\; "- \, ..' . t 0/ :{: :<'; ~,~,i,~~f\;' I as more specifically described in and provided in Ordinance No. 3757-84 and in Resolution No. 84-77 of the' City. -3- , /l--8t/-17 ,", .~... ..1" 'I." "t:,':\....:.{:~\..r"(':.;,.tJ.:...., I ~. .. ::~y,:~:?::5:le~""~,,, ."- ~~ ~....__....~--.............____ ._ ~,. IIiL ...~ '.. _...._'"'... '.'~ " - I ~ J ..' J . "1- , 1 . . ~ ~ ~ ~ " , ' The ballots and electronic voting system shall be so arranged that the voter may vote "FOR BONDS" or "AGAINST BONDS" with respect to each proposition. Section 5. Absentee Voting. Punch card ballots shall be used at such election for absentee voting. The form of ballot to be " used in the election for absentee voters shall be in substantially the form provided in Secteion 4 above. Section 6. Printinq of Ballots. The City Clerk of the City is authorized and directed to have printed punchboard ballots in a sufficient number of the aforesaid ballots for use of absentee electors entitled to cast such ballots in such bond election, ., .. ,.~ -' , and shall also have printed sample ballots and deliver them to the Inspectors and Clerks on or before the date and time for the opening of the polls for such bond election for the voting places at Which the electronic voting system is to be used; and further is authorized and directed to have printed punchboard ballots and delivered in accordance with law the official ballots for use in such electronic voting system and to make all appropriate arrangements for the conducting of such bond election. Section 7. Election Procedure. The bond election shall be held and conducted in the manner prescribed by law for holding general elections. The Election Board at each polling place shall conduct the vote and deliver the ballots in sealed containers. ....' ~. Their report shall show the number of qualified electors who voted at such bond election. The ~allots shall be processed by electronic tabulation equipment and the, cumulative report shall, within twenty-four (24) hours after the close of the polls, be canvassed by the City Commission of the City, which shall declare and certify the results of such bond election. Section 8. Election Results. If a majority of the votes cast at such election in respect to any proposition or group of such General Obligation Bonds shall be "For Bondsu, such proposition or group of bonds shall be approved; and then the particular bonds, the issuance ~f Which shall be thereby approved, shall be issued as shall be provided by the City. The rejection at such election " !.. ,., ( , ~, . ~ " . ':" c; ~ . ~ :. .,! ". 1,'\: ._ , . \,C, ~ . ". ~ " ,'j' .' . . ", I' . ~' \ ::: :: ~".i l): ::~ :';., c ~' j f, .' , I ,. 'I.C. ~ "/., .~:.~.. '.' , - :;' , ;: .' ",' :. t-<;;:;:>i .~."; ",', .'., ,I ,',' . ~. I , n"" ;~:;.':>~:i:':.':, !~.,,:':, \:t,:~i : ~;;'::1;>;,~1~i,~~~ · ~':"{<,;o:'~: :::,:: ",,;;. ';;:',i .:~. '::1: :".'.. ".' " -4- /2- 8t!.. 77 , I ' " ' ~, "':~ .. ., " . ' , ' ,I ~ .... , ' , , . ,+..'; ,,' . '. ":i " ~ '. ':~,I;; . <.:' ....;\~. :::: ) !;",:}.,:t"?,! ~ . '. . ' , ., > ~ " 1. " J . ~ ~ " . , ~ - of any proposition or group of General obligation Bonds proposed by this Resolution to be issued shall not prevent the approval of the other propositions or groups of bonds proposed by this Resolution to be issued; and anyone of such propositions or groups of bonds which may be so approved shall be issued as shall be provided by the City. Any ordinance or resolution authorizing the issuance of any general obligation bonds approved by the election called by this resolution and the general obligation bonds so issued shall, in addition to any other covenants, contain the following covenants: (1) No land purchased with any part of the proceeds derived from the issuance of general obligation bonds may be utilized for other than park and park related purposes to include concessions and support systems, and minor utility service facilities. (2) No land acquired with the proceeds derived from. the issuance of general obligation bonds may be resold. (3) No ge.neral obligation bond proceeds may be utilized to construct office buildings, condominiums, motels, hotels, convention center, auditorium, marina or restaurant. (4) $100,000 of the proceeds from this bond issue shall be the maximum dollars available for the beautificat~on of the causeway medians. Section 9. Notice of Bond Election. This Resolution shall be published in full at least one time by the City Clerk as part of the notice of such bond election, which notice shall be headed "Notice of Bond Issue for Public Improvement". Notice of the ,bond election shall be published: ,in a dai;ty ,newspaper, in general circulation in the City as a legal ad of the paper and under headlines of 7 point type. The notice shall be published at least ,twice in such paper, once in the fifth week and once in the third week prior to the week in which the bond election is to be held, the first publication to be not less than thirty (30) days before the dateof,such bond election. " , -5- " , I '''''I... .. ~ . ,'- " ~ L', . .' :'~':I"I~:~''-'' 04 ": ~~...~~.... 'I.~~'~f ..,.......... , ~. ~ .. ' . '.,.' _...']: . .:>,...,.~. ,~~,...",'l, 'm\'; "r~'j_.,' '1' ''', ~.". : ":;';0t~ft~~~c::T~'::0~,e2}~~:{;:~~X~'.s~1r 01 ~ ~ ... '. '(',;:t "}..~ '\\ , , I . . "\ ' .: '"I " ~ 'I Section 10. Severability. In the event that any word, clause, phrase, or sentence or paragraph hereof shall be held invalid by any court of competent jurisdictior., such holding shall not affect " ; ~. , ,I , .). ' ~ ~ . ; \ " ' ....1. any other word, clause, phrase, sentence or paragraph hereof. section 11. Repealinq Clause. All Resolutions or other actions taken by this Commission in conflict or inconsistent herewith hereby are repealed, insofar as there is conflict or inconsiste~cy., . " ~ ..,i , . .~' Section 12. Effective Date. This Resolution shall take effect 'j .. , " i " ~. f. immediately upon its passage. 'f.( Ji. day of October; PASSED AND ADOPTED AS AMENDED this A.D. 1984. ... .- '..~-~...... ./ , , ~.' Attest: ~..:, .- L'~'~'. ' , '." ' ,', . <~"",t.~ .: r ~rt4 _ .dI.. Ci1~y:.Cle1:'k' ,'. - .~ '-. !"' ".,.,. . .' ~. .... ,.. \ ..... , 1 ',' , I .,:~~". ~. 1, ',I' ' , . " \': , : . . ~. t ." . ..' "....l :'.::, . . . ' , ~ 'r..' L i. . ". . . ~ ~ ~:. I, ' ,l, " ",' <, ~., .' .." .... .: t'. <.~ r' . " .:.: . .. ~ . :~~';:; .:' ,:,:/,<\',':,:: ,~{ L:~' :"" ,~:~ ,',\ ,~:: ':(~i'~,' !; \' , , c' .' . ';. " ,) '.' 'If>.... .. ~I'"",: "1 ~. , .' , : ~ fX:,:~Y;l~J\;(~ '?~d~ ,."., r,' ,.- ..~t'.,( .., f',;\ It~:.-:.",~,:;, .,' \:."~.' J.l{' \..'Io>\,..",=~~ "..I"c, ~/. .h.... \~ ":; )~t!:t:{;jK:1W;~~i~j ;:i~ .,t.., ""V' '('" '. " :~~~:!;~.~~ ..~!:~. tJ~ ~~~.:~~l.~~!.i:~~ . . c ,. ".,.,fl.. ,,' """(" ""'J\ ;~;:~!k~0"~:;~~:'~;;i"'~~;~~~~:. ,. . . ~.. "-:::.. ,~ ..: ~ .. .j' '. '.'. . -6-. '. /, /, /2-8'1-77 ~--~-..~~......~~~ (; ":, . " 't' ~ { , ' , ' \ "" ,- '. " , , .', ... " . -', ..... ...t"o-_. ~'. " ' . ,,' ~ '. . , , ,..., 0 " , . ' :' ;'. . . ~ . '.Il, i' ,l. ',. .., J <" ., +;. i~;' 1~1:' r . / . ;~}: ;~ ~ '. " ":\,;/,1:',, ~/:r~~ .' . ,d " ': ~ : I, ~,'.'. :: .':.. ~.~ ~~ ~ ~. ~ ~+:: . ~ . :.' .. '.< ~ r ~+ ~ '..:' ::." " .'~.o ~ .J ' ,~f " ''".'0 'I. I I~' "L. . ,.', '. I'" ,. ~~ : . t ; :i-;i/ :,): "'~i I~::</,,~ ~:,:>;, ',1,:'0;', (..~ .- ';,Y', . ":t~i:I''', ,"1 ~~i-,Jtl" .... ," l':i ..I~ Ij~;, I ...' {' . I. . j.(1I ,'" ,,', ,I,', '1 ,n :'.,::: "'. ':.';", " .{') ~ 'Pi:,:~;:~'},~., ,<':;: j ,; , ,.... ~ l; . '.' .:r '/y ,I' I . ~.' . . , . " '\ \ . , ,", l. " , <. . t.' . T'. ,....., . . e " NOTICE OF BOND ISSUE POR PUBLIC IMPROVEMENT CITY OF CLEARWATER, FLORIDA MUNICIPAL BOND ELECTION To be Held 6n Tuesday, December 4, 1984, As Provided by Ordinance No. 3757-84 and by Resolution No. 84-77 of the City of Clearwater. Notice is hereby given that a municipal bond election will be held in the City of Clearwater, Florida, on Tuesday, December 4, 1984, to determine whether the issuance of General Obligation Bonds of the City for all or any of the two several projects in respective amounts not exceeding $3,860,000.00 for land acquisition to expand existing Bayfront parks and recreation facilities and b~autification~ and $7,260,000.00 for land acquisition North and South of existing facilities for active and passive parks and recreation facilities, as more specifically described and provided in Ordinance No. 3757-84 and in Resolution No. 84-77 of the City of Clearwater, Florida, calling the bond election, shall at that time be approved severally by a 'majority of the votes cast, in the bond election by the qualified electors in the City of Clearwater. The bonds shall be dated Hay 1, 1 985. As required by Ordinance No. 3757-84 and by Resolution No. 84-77, this notice is given by publishing the foregoing Resolution No. 77-84 in full as follows: , " ;: 0] -7- JC--8Cf-n ,> ..: ~ t '. '" ".:J I "''11, ' - .-.... .....;.;:~._..:....._,~.... ~~, ..~,,/' " "; "-':(-1.' , f " ' '.' ~ ~ , '\ ", ," . . .,2 c .. : ' t . ..J .. 't' '.. 'J , ,_..', - It SCHEDULE A " "Maturity Schedule for Proposition No. t 1 '. .,' , -n . , .c . I .. ~ , ~, ,. I: \ ,:,." ,',~,\ "\ ': ;,i :;\:~\;,:, ,,\ 1 ' . ').~ ~ c . . , ~. .'..';:". ~ ~. ~~ ~ , , $3,860,000 Principal Amount of General Obligation Bonds for Acq~isition of land for expansion of Bayfront park system and to beautify the system and the Causeway: :. ~". /~ '1.1 ~~~~~ ...;H :~i{. . <:: j ~ , ~:,., ' May 1, 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 '2001 2002 2003 2004 2005 J. '2006 2007 2008 2009 2010 2011 2012 2013 2014 .,.,. . < ;"t' T, ~. , > '\:-..' >, \.< ..:. 'j~ " . 4 ,~~ 1 '.'.\ i_: ~... f,\ :';(1 -f!liJ ~;, /"11 L....~, I < '.r . ~. ., > , ' .....,.... ,.... , " ~; .' ': I" . .... ;, . ~ - .. ' . I ,<'~ -tOri ....'~~:\ :~~<i '1 . :.~ . 1 ; .:; . " ,. ":. , , "\ '.'" . . '.1 \:.. ~ . " '1.' '::::~ ~ .! ::.~.j ~:J:! ,~~:~~';:, \\;':. . ....,;r:. ~"J,:J ~';~~ .. ...... . ~'. 1. -~.. ~ '. ... $,< <~: ..~;~~7 ......./ , . .~>~::. , .., '.~~l~' ......i ". .;, , . ,,~,~.~~;- ., ....;,,~- r. \:~~ \\' ;', ,,~.; . :}~~~ ~ ......."... ~l.~ :~:r ~~~... .?~: -:..t!rI.I'~ /~:"rJ ( ":.:~ ,.. .. ....! ~~ ... , . ,~./.~i", ~ ,:~ .~: ".. ,;;:..:. , "~\~\:~~;" ~: '. ,'. ~'" .... , '..... .', " :' ",' ,"I. . I, I.. ", . . . ~ ; . \'. , ~. ',.1 .h. ... , - ~ 1 .' . , " . ...: ~ ~ .,'" ... .... !, . ," .:- . ~' .. '. ..'/. , ,',':,' . ',':~" '.~ . ~.', ;. ... . ,. ~ . - ~ . ',' 1 > ,r p , . "', . . ..t..; T.l~) :..., :~{~jr~i;:['~i · i1.,., '," ,. ',J ",,' "..' ~j,ll.;,t;,\:1.~~t;';' . '..',. _,,} ... L '.. . J: 'I ~!;\" 1 . I . ";'j.,;".;:'" '.,.< Ii,\ 1".' ". J~{r};.t~ti~Y~,:::, ..' , .},"L ...,l~.. ,L,,'! 1 ",:) ;;:~:.)~~~~~t0~:i.~ r<:,~i'/ .. :.,.;:,~;,\'. '~: :! , '.J.'.'!"")"",, \':r:' ' ".\:,..,'.' " "',' ;. ~~{~;fl'\~~;J' '~:,m':" ...... .., ~ ,(.... 1'. . ~\.i ,:~. rt ,l, :. ~U2)!},~'~~~F\,\ "';"" ,,,,,~Jp: "J,<.', '! .'}, - ',' , S~~\<~.~:!:l<;.:.~~,'.f;~..ff~\~ ," '. '" ,-. h.,\,,,, .,r. \\,< '\ '. .il..~.~~'.", j-." 'it "\~;.. :14 \"'-:'<:<\' ('-- "'" J;{:~~~'.YX~~~f:;\':~:'~: ,"', '" "~', ,n!:,';'i:\i .J~'.., '1\\ ;;t;!!::Z:::.~ I(:'::~ ,~:~~ .j~~~';1 ';.~t'''''''~., )"r tI'J)~ ,...; \r.~.~;'~(};ft ~;~.1~. ,..;~ (r~cr ""~ ,\ ,'''' 'A' ,,1, "' 'fcO.}t,..~i{''l-i.', '. T T ~'~ ,..: ;~!:j '~ili:~;i~ t::~::;~~~~~~~!:':x:, ::.~ , . !'. . . ..... . '. J ' ,.... .... ~ ....,.. :i1~:::""': '~"t;':: '...... ..1 .~\:~..: "- " .. ".. t ,~ '; . .. ~~ . ~ , , " , I ,~, , , , ~! . . . .. ~ . '... I:. , .' c:' -' ~... :. ;;" '.\ . .t ~ ..' .<,:.r' . .j,;::,~i~,". ." L ~~t ~:~:~,::: ::~:;:., . . ~- - '; . ~ t ~ " . to I .1.~:':7-'l~ u,,~: ~< ~~'I.:'::'~;I'./"~t':~.\,;t,\~~~:<, ':~"":~~" ~:... ":: .~. .. . t < . '~ '~ 110, .,,1 .', !. I ., ,,0" :f. , $ :30,000 30,000 30,000 35,000' 35,000 40,000 45,000 45,000 50,000 55,000 60,000 65,000 70,000 80,000 85,000 95,000 '105,000 115,000 130,000 140,000 155,000 170,000 190,000 210,000 230,000 255,000 280,000 310,000 340,000 380,000 $3,860,000 ........,,'L, .'. ' ", .~, . \J;' .. . ". :~? :1 :\\: , .. . 1 '\ ; , " , , '" ' ',' ;,11I . . \ ~ , i : ~ c : j ~' , : '\ ': . : .:. ~.: .~ . . \ ~ \' , , . ~'~, .~ . , . , ". ~ ,:'.,', '.>. . ).. . ~ , . ~ .:'. ,-,: ' I .: ~ .~ . ' .:',...... . , ' ..,....1:.............,. . !.T , ' . .' .. ~ ' \', , .' .' , '. '.1, ; , .. , , ~ . .,' < .' '.c '': "~":'.' ',.,,\' , ." "~'. . I < '" '. ~~,~:.~,'., . , .' . . ::\~,':" '..',".';;':' "');',;,'!' . :;. 1 ,; .J' ..~ ( i)tJ'ft;t::!J!';);~ \,),f~,,".''.'''':\,:, i \'1, ,~/.H~ 1-~ ~. . ~ " . '\. .t $ j ~'".,..'I(..),>,'....:_\. .l'/J~.\t" l~i;}~(.::\:ri\~ " ~'\c ,', !~" " ," ' ~" '.:; '! : ~<'j':'::'~:; ,.,' ;<);:..~~~~t;)? ' ' . .', ,r.' ""c"" . , ' .' ..' I . . , .' i~ " ~. .-:. ~'1. ./. , ~. . ".. ..:.. ..... . III . ,Ii. 'II '''@ SCHEDULE B 4>> Maturity Schedule for Proposition No. 2 $7,Z60,000 Principal Amount of General Obligatlon Bonds for Acquisition of land to expand Bayfront park syste~ for active and passive parks and recreation: May 1, 1985 $ 50,000 1986 55,000 1987 60,000 1988 65,000 1989 70,000 1990 75,000 1991 80,000 1992 85,000 1993 95,000 1994 105,000 1995 110,000 1996 125,000 1997 135,000 1998 145,000 1999 165,000 2000 180,000 2001 195,000 2002 220,000 2003 240,000 2004 265,000 2005 290,000 2006 320,000 2007 355,000 2008 390,000. 2009 435,000 2010, 4aO,000 2011 530,00~ 2012 '585,000 2013 645,000 2014 710,000 $7,260,000 ... . ~ . :<:: }. " ~~:"~;:>,':'.:;~... .~ " ' . . ~. " . "~:..~ '; . . ------~ - ~..dlo:I " \ :[ \ \ -9- ',', " , .. "' . T " - /Z-t!t{-"71 - .-_..,~.' '-~~..: