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the United States of America as at the respective dates of payment is legal tender for public <br />and private debts. <br /> <br /> This Bond is one of an issue of Bonds aggregating Twenty-Three Mi}lion <br />Thirty-Five Thousand Dollars ($23,035,000) in principal amount and issued for the purpose <br />of providing funds to pay the cost of various public improvement projects of and for the <br />City, under and pursuant to and in full compliance with the Constitution and statutes of the <br />Commonwealth of Virginia, including Chapter 5.1 of Title 15.1 of the Code of Virginia, 1950 <br />(the same being the Public Finance Act of 1991), the Charter of the City, and proceedings <br />of the Council of the City duly adopted and taken under such Chapter 5.1. <br /> <br /> The Bonds of the series of which this Bond is one (or portions of the principal <br />amount thereof in installments of $5,000) maturing on and after are subject <br />to redemption at the option of the City prior to their stated maturities on or after <br />, in whole at any time or in part on any interest paymem date in such <br />order as shall be determined by the City (except that if at any time less than all of the Bonds <br />of a given maturity are called for redemption, the particular Bonds of such maturity to be <br />redeemed shall be selected by lot), upon payment of the principal amount of the Bohds (or <br />portions of the principal amount thereof in installments of $5.0001 to be redeemed, together <br />w/th the interest accrued thereon to the date fixed for redemption, plus a premium of <br />[INSERT REDEMPTION PREMIUMS]. <br /> <br /> If this Bond is redeemable and this Bond (or any portion of the principal <br />amount hereof)' shall-be called for redemption, notice of the redemption hereof, speci ,fying <br />the date, number and maturity of this Bond. the date and place or places fixed for its <br />redemption, the premium, if any, payable upon such redemption, and if less-than the entire <br />principal amount of this Bond isto be redeemed, that this Bond must be surrendered in <br />exchange for the principal amount hereof to be redeemed and the issuance of a new Bond <br />or Bonds equalling in principal amount that portion of the principal amount hereof not <br />redeemed, shall be mailed not less than thirty (30) days prior to the date fixed for <br />redemption by first class mail, postage prepaid, to the Registered Owner of'this Bond at his <br />address as it appears on the books of registry kept by the Registrar as of the close of <br />business on the forty-fifth (45th) day next preceding the date fixed for redemption. If notice <br />of the redemption of this Bond (or the portion ~of the principal amount hereof to be <br />redeemed) shall have been given as aforesaid, and payment of the principal amount of this <br />Bond (or the portion of the principal amount hereof to be redeemed) and of the accrued <br />interest and premium, if any, payable upon such redemption shall have been duly made or <br />provided for, interest on this Bond (or on the portion of the principal amount hereof to be <br />redeemed) sh~l[-Ceh%~e' to 'acCrue from and after the date so specified for the redemption <br />hereof. <br /> <br /> Subject to the limitations and upon payment of the charges, if any, provided <br />in the pr6ceedings authorizing the Bonds of the series of_which this Bond is one, this Bond <br />may be exchanged at the principal office of the Registrar for a like aggregate pr/ncipal <br />amount of Bonds of other authorized principal amounts and of the series of which this Bond <br /> <br /> <br />