Laserfiche WebLink
<br />shall b~ paid by wire transfer. All interest payments shall be made to the registered owner as it <br /> <br />appears on the registration books kept by the Registrar on the [tifteenth] day of the month <br /> <br />I precedingj cach interest payment date. <br /> <br />This Note has been duly authorized by the City Council and is issued for the purpose of <br /> <br />paying a portion of the costs of the City's new courts complex and paying the costs of issuance of <br /> <br />the Notes. The full faith and credit of the City are irrevocably pledged for the payment of the <br /> <br />principal of and premium, if any, and interest on this Note in accordance with its terms. <br /> <br />This Note is one of a serics of $ General Obligation Notes, Serics 2006C of <br /> <br />the City ("Notes") of like date and tenor, except as to number, denomination, rate of interest and <br /> <br />maturity. issued undcr the authority of and in full compliance with the Constitution and statutes <br /> <br />of the Commonwealth of Virginia, and, more particularly, issued pursuant to the Public Finance <br /> <br /> <br />Act 011')')], Chapter 26 of Title 15.2 of the Code of Virginia of 1950. as amended. and an <br /> <br /> <br />Ordinan~e adopted by thc City Council on .2006 ("Ordinance"). <br /> <br /> <br />On or altcr July 1,2008, the Notes may be redeemed before their maturities at the option <br /> <br />of the City in whole or in part (in installmcnts of $5,000) at any time or from time to time <br /> <br />without penalty or premium upon payment of the outstanding principal amount of the Notes to <br /> <br />be redeemed together with the interest accrued thereon to the date fixed for redemption. <br /> <br />If less than all of the Notes are called for redemption, the Notes or portions thereof to be <br /> <br />redeem cd within a maturity shall be selected by The Depository Trust Company or any successor <br /> <br />securities depository. or if the book-entry-only system is discontinued. by lot by the Registrar. <br /> <br />eaeh portion of $5.000 principal amount being counted as one Note for such purpose. <br /> <br />If any of the l'\otes or portions thereof are called for redemption, the Registrar shall send <br /> <br />notice of the call 1,)1" redemption. identifying the Notes by serial or CUSIP numbers. and in the <br /> <br />-2- <br />