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Bond Issuance for Monroe Water Works Backed by Special Fund
The ordinance provides for issuance of bonds totaling 75 000 dollars to finance waterworks, with serial maturity for bonds 1 to 128 and callable bonds 129 to 300. Interest rates vary by bond, several at 2 percent and others up to 4 percent, redeemable from a special redemption fund. Bonds payable only from pledged revenues, signed by city officials, and registrable with coupons attached.
MENTIONED IN THIS ARTICLE
Monroe
Special Redemption Fund
United States of America
First National Bank of
Commercial and Savings Bank
Wisconsin
City of
Green
First National Bank of Monroe