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No. N- <br /> <br /> Exhibit A <br /> FORM OF NOTE <br /> <br />UNITED STATES OF AMERICA <br />COMMONWEALTH OF VIRGINIA <br /> <br /> CITY OF PORTSMOUTH <br /> <br /> GENERAL OBLIGATION NOTE <br /> SERIES 2003 <br /> <br />MATURITY DATE <br /> <br />INTEREST RATE <br /> <br />PRINCIPAL AMOUNT: <br /> <br /> CITY OF PORTSMOUTH, VIRGINIA ("City"), for value received, acknowledges itself <br /> indebted and promises to pay to , as the registered owner of this Note or <br /> <br /> legal representative, the principal mount stated above on the maturity date set forth above and to <br /> pay interest on the principal mount of this Note from the date of this Note at the rate specified <br /> <br />above per annum, payable [semiannually on I and 1, beginn/ng on <br /> 1, 2004.] Both principal of and interest on this Note are payable in lawful money of the United <br /> <br />States of America. The pnnc~pal of this Note ~s payable upon presentation and surrender hereof <br />at the office of the Chief Financial Officer of the City, as Note Registrar ("Note Registrar"). <br />Interest on this Note is payable by check or wire transfer mailed or sent to the registered owner <br />hereof without presentation of this Note. Interest shall be calculated on the basis of <br /> <br /> This Note has been duly authorized bythe City Council and ~s issued for the purpose of <br />financing the costs of certain redevelopment projects and paying the costs of issuance of the <br />Note. The full faith and credit of the City are irrevocably pledged for the payment of the <br />principal of and interest on this Note in accordance with its terms. <br /> <br /> A-I <br /> <br /> <br />