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<br /> without coupons in the denomination of $5,000 or any integral <br /> multiple of $5,000, or in such denominations as the Director of <br /> Finance shall determine. The Bonds of a series shall be numbered <br /> from 1 upwards in chronological order of delivery or shall be <br /> numbered in any other manner as the Director of Finance shall <br /> determine. The Bonds of a series shall mature annually on such day <br /> in each year in substantially equal installments of principal or in <br /> substantially equal installments of principal and interest, the <br /> first of such maturities to be no later than five years from the <br /> date of the Bond of such series and the last of such maturities to <br /> be not later than twenty-five years from the date of the Bonds of <br /> such series, may be redeemable prior to the stated maturity thereof <br /> at any time at prices not exceeding 105% of the principal amount <br /> thereof, and shall bear interest at such rate or rates per annum, <br /> not exceeding seven percent (7%) per annum, as shall be specified in <br /> the agreement or agreements with the Department of Health. In <br /> accordance with and subject to the provisions of this ordinance, the <br /> Director of Finance is hereby authorized to determine with respect <br /> to the Bonds of a series, the aggregate principal amount of such <br /> series of bonds; the series designation of such series of Bonds; the <br /> date of such series of Bonds; the interest payment dates and <br /> maturity dates of such series of Bonds; the amount of principal of <br /> such series of Bonds maturing on each maturity date; the <br /> registration privileges and place or places at which such series of <br /> Bonds may be paid or registered which may include the office of the <br /> Director of Finance; whether or not such series of Bonds shall be <br /> subject to redemption prior to the stated maturity thereof and, if <br /> subject to such prior redemption, the times, prices, methods and <br /> other provisions for such prior redemption; whether such series of <br /> bonds shall bear interest at fixed rates or at a rate or rates which <br /> vary from time to time and the methodology for determining such <br /> variable rate or rates; the rights, if any, of the holders of such <br /> Bonds of a series to tender for purchase and the price or prices and <br /> time or times and terms and conditions upon which those rights may <br /> be exercised; the rights of the County to purchase the Bonds of a <br /> -3- <br /> <br />