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Redemption Premium

San Diego Municipal Code § 61.0741
in effect
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§61.0741 Redemption Premium The Council may elect in the resolution of intention to have the redemption provisions of said bond provide a premium of five percent (5%) of the unmatured principal. In such case the words “together with a premium of five percent (5%) of said unmatured premium” shall be added after the redemption clause in the bond form. (“Redemption Premium” added 2–27–1969 by O–9976 N.S.)
Source: City of San Diego Office of the City Clerk, San Diego Municipal Code and City Charter (docs.sandiego.gov PDFs)URL: https://docs.sandiego.gov/municode/MuniCodeChapter06/Ch06Art01Division07.pdf#page=10Fetched: 10/28/2026

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61.0741 | Corpus