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upr000099 135

upr000099 135
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Information

Digital ID

upr000099-135

Permalink

http://n2t.net/ark:/62930/d1zk57q4j
Details

Member of

LVLWC - sale of water production facilities of UPRRC (1 of 2)

Rights

This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.

Digital Provenance

Digitized materials: physical originals can be viewed in Special Collections and Archives reading room

Publisher

University of Nevada, Las Vegas. Libraries

m rates of bonds bid for immediate delivery under Alternative (l) and those bonds bid for delivery in the first installment under Alternative (2) shall be the interest rate or rates stated in the successful bid. The coupon rate or rates of the bonds bid under Alternative (2) for delivery in the second installment shall be determined as hereinafter provided. On any proposal under Alternative (2), interest on the bonds to be delivered in the second installment shall be adjusted as follows: The net annual yield to maturity (deter­mined from the interest rates stated in the bid but disregarding the premium bid, if any) of bonds shall be adjusted on the date of delivery of said second installment in accordance with the difference in yields of "The Bond Buyer's 20-Bond Index," as published in the weekly edition of The Bond Buyer next preced­ing the date of award of said bonds (the "award edition") and the weekly edition next preceding the date of delivery of said second installment of bonds (the "delivery edition"). Said adjustment shall be made as follows: The coupon rate or rates of 3aid bonds shall be the interest rate or rates stated in the bid increased or decreased by the nearest 1/10 of 1% of the increase or decrease in said Index as the same is published in said award edition and in said delivery edition. After adjusting the coupon rates as hereinbefore provided, any fur­ther adjustment in said net annual yield which may be required 14.