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NO. R-1 <br /> <br /> EXHIBIT A <br />(FORM OF BOND) <br /> <br /> UNITED STATES OF AMERICA <br /> COMMONWEALTH OF VIRGINIA <br /> <br />CITY OF PORTSMOUTH <br />General ObiigatioJ Scho0i Bonds <br /> <br />Educational Technology Series <br /> <br />$243,915.41 <br /> <br /> The CITY OF PORTSMOUTH, VIRGINIA (the "City"), for value <br />received, hereby acknowledges itself indebted and promises to <br />pay to the VIRGINIA PUBLIC SCHOOL AUTHORITY the principal <br /> <br />amount of DOLLARS, in installments, <br /> <br />commencing December 15, 1989, and semi-annually thereafter on <br />June 15 and December 15 of each year (each a "Principal <br />Payment Date"), as shown on Schedule t attached hereto, <br />together with interest on the unpaid installments at th~ <br />annual rates set forth on Schedule 1 attached hereto, from the <br />date of this Bond until payment of the principal sum hereof, <br />such interest to be payable commencing on December 15, 1989, <br />and semi-annually thereafter on June 15 and December 15 of <br />each year (each an "Interest Payment Date", together with any <br /> <br /> Payment Date, a "Payment Date", as set forth oh <br /> <br /> 1 attached hereto. Both principal of and interest on <br /> <br /> are payable in lawful money of the United States of <br /> <br />Principal <br /> <br />Schedule <br /> <br />this Bond <br />America. <br /> <br /> <br />