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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 IMPROVEMENT REFUNDING BOND <br /> SERIES 2003 <br /> <br />MATURITY DATE <br /> <br />INTEREST RATE <br /> <br />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 mount 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 sermarmually on <br /> <br /> 1 and 1, beginning on 1, 2004. This Bond shall bear <br /> <br />interest (a) from 1, 2003, iftlfis Bond is authenticated before 1, 2004 or <br /> <br />(b) otherwise from the 1 or 1 that is, or anmediately precedes, the date <br /> <br />on which this Bond is authenticated; provided that, if at the time of authentication of this Bond, <br />interest on this Bond is in default, this Bond shall bear interest from the date to which interest <br />has been paid. Both principal of and interest on this Bond are payable in lawful money of the <br />United States of America. The principal of this Bond is payable upon presentation and surrender <br /> <br />hereof at the office of , as Bond Registrar and Paying Agent ("Bond <br /> <br />Registrar"). Interest on this Bond is payable by check or draft mailed to the registered owner <br />hereof at its address as it appears on the registration books maintained by the Bond Registrar <br />without presentation of this Bond; provided that as long as Cede & Co. is the registered owner of <br /> <br /> <br />