c. On March 1, 2018, the city issued serial bonds having a $450,000 face value at 102. The bond indenture requires any premium to be set aside for servicing bond interest. d. On March 10, 2018, the...

c. On March 1, 2018, the city issued serial bonds having a $450,000 face value at 102. The bond indenture requires any premium to be set aside for servicing bond interest.

d. On March 10, 2018, the city paid the remaining amount on the land contract and took title to the land.

e. On March 17, 2018, the city signed a $400,000 construction contract, approved by a city official, with Rower Construction Company.