The bonds issued pursuant to this chapter in each of the 3 series, A, B, and C shall be redeemable at the option of the town without premium on any interest payment date following the issuance of the bonds. Notice of the redemption shall be given by the town to the registered owner thereof in writing mailed or delivered to the owner at the address shown on the town's records, not less than 30 days prior to the date fixed for redemption. The notice of redemption shall indicate the intention of the town to redeem bonds issued pursuant hereto identifying the series and principal amount of bonds to be redeemed. The notice shall also indicate the place of redemption, which place of redemption shall be any bank determined by the town.
(1989 Code, § 32.04) (Ord. SB-83, passed 9-21-1983)