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(b) <br /> <br />That it is necessary and empedient to the sound financial <br />management of the affairs of the City to issue $950,000 <br />General Obligation Improvement Bonds of 1979 (the "Bonds"), <br />to provide financing for the Improvers. <br /> <br /> 2. In order to provide financing for the ~mprovements, the City shall <br />therefore issue and sell its General Obligation Improver Bonds of 1979, in the <br />amount of $950,000. In order to provide in part the additional interest required <br />to market such bonds at this time, additional bonds shall be issued in the <br />amount of $18,000. Any excess of the purchase price over the sum of $932,000 <br />shall be credited to the sinking fund for the purpose of paying interest first <br />coming due on said bonds. The $950,000 General Obligation Improv~L~nt Bonds of <br />1979 shall be issued in acoordance with terms of the following official notice of <br />sale: <br /> <br /> <br />