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No. R- <br /> <br /> Exhibit A <br /> FORM OF BOND <br /> <br /> UNITED STATES OF AMERICA <br /> COMMONWEALTH OF VIRGINIA <br /> <br /> CITY OF PORTSMOUTH <br /> <br /> GENERAL OBLIGATION PUBLIC UTILITY BOND <br /> SERIES 2001 <br /> <br />MATURITY DATE INTEREST RATE CUSIP <br /> <br /> REGISTERED OWNER: <br /> <br /> PRINCIPAL AMOUNT: <br /> <br /> CITY OF PORTSMOUTH, VIRGINIA ("City"), for value received, acknowledges itself <br />indebted and promises to pay to the registered owner of this Bond or legal representative, the <br />principal amount stated above on the maturity date set forth above and to pay interest on the <br />principal amount of this Bond at the rate specified above per annum, payable semiannually on <br />________ 1 and ________1, beginning on ________1, 2001. This Bond shall bear interest (a) <br />from _______ 1,2001, if this Bond is authenticated before __________1, 2001 or (b) otherwise <br />from the ________1 or ________1 that is, or immediately precedes, the date on which this <br />Bond is authenticated; provided that, if at the time of authentication of this Bond, interest on this <br />Bond is in default, this Bond shall bear interest from the date to which interest has been paid. <br />Both principal of and interest on this Bond are payable in lawful money of the United States of <br />America. The principal of this Bond is payable upon presentation and surrender hereof at the <br />office of _______________________, as Bond Registrar and Paying' Agent ("Bond Registrar"). <br />Interest on this Bond is payable by check or draft mailed to the registered owner hereof at its <br />address as it appears on the registration books maintained by the Bond Registrar without <br />presentation of this Bond; provided that as long as Cede & Co. is the registered owner of this <br /> <br /> <br />