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entirety at one time as a separate series of general obligation <br />bonds of the County, or from time to time in series, all as shall be <br />determined by the Director of Finance to be in the best interest of <br />the County. The Bonds shall be issued in fully registered form <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 />-3- <br />