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. or Miller, Johnson & Kuehn, Inc. (che Purchaser), to purchase the Bonds ac a price 0: $ 394,040 plus accru~d interest to the day or delive~y and payment, and upon the furcher cerns and conditions se~ for~h in this resolution. The orooosal of the ?urctaser is hereby acceoted and the sale of the 30r.ds is he~eby awarded to the Pu~chaser. 1.04. The Mayor and the Cicy Clerk are directed to execute in duplicate a conc~act on the part of the Issuer for the sale of the Bonds in accordance with tie terms described in Section 1.03, and to deliver a duolicace to the Purchaser. ~he City Treasurer is directed to deposit the Purchaser's check securing the contract of sale and to return the checks securing other bids to the respective bidders. Section 2. Bond Terms; Registration; Execution and Delivery. -- 2.01. Maturities; Interest Rates; Denominations. The Bonds shall be designated General Obligation Taxable Tax Increment Bonds, Series 1990A, shall be originally dated as of April 1, 1990, shall be in the denomination or $5,000 each, or any integral multiple thereof, shall mature on February I, in the respective years and amounts stated below, and shall bear interest from date of issue until paid or duly called for redemption at the respective annual rates set forth opposite such years and amounts, as follows: . Year Amount Rate "{ear Amount Rate 1993 $10,000 9.10% 2002 $20,000 9.60% 1994 $10,000 9.20% 2003 $25,000 9.60% 1995 $10,000 9.25% 2004 $25,000 9.70% 1996 $10,000 9.30% 2005 $30,000 9.70% 1997 $15,000 9.30% 2006 $30,000 9.80% 1998 $15,000 9.40% 2007 $35,000 9.80% 1999 $15,000 9.40% 2008 $35,000 9.90% 2000 $15,000 9.50% 2009 $40,000 9.90% 2001 $20,000 9.50% 2010 $40,000 9.90% . 2.02. Dates; Interest Payment Dates; Interest and Principal Payment. Each Bond shall be dated as 0: the last interest payment date preceding the date of auchentication to which interest on the Bond has been paid or made available for payme~t, unless (i) the date of authentication is an interest payment date to which interest has been paid or made available for payment, in which case such Bond shall be dated as of the date of authentication, or (ii) the date of authentication is prior to February 1, 1991, in which case such Bond shall be dated as of April 1, 1990. Interest on the Bonds shall be payable on February 1 and August 1 in each year, commencing February 1, 1991, to the owner of record thereof as of the close of business on the fifteenth (15th) day of the immediately preceding month, whether or not such day is a 3.