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<br />of this Bond; provided that as long as Cede & Co. is the registered owner of this Bond, interest <br /> <br />shall be 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 [fifteenth] day of the month <br /> <br />[preceding] each interest payment date. <br />This Bond is one of a series of $ General Obligation Refunding Bonds, <br /> <br />Series 2009_, of the City ("Bonds") of like date and tenor, except as to number, denomination, <br /> <br />rate of interest and maturity, issued under the authority of and in full compliance with the <br /> <br />Constitution and statutes of the Commonwealth of Virginia, and, more particularly, issued <br /> <br /> <br />pursuant to the Public Finance Act of 1991, Chapter 26 of Title 15.2 of the Code of Virginia of <br /> <br /> <br />1950, as amended, and an Ordinance adopted by the City Council on April 28, 2009 <br /> <br /> <br />("Ordinance"). <br /> <br /> <br />The Bonds, including this Bond, have been duly authorized by the City Council and <br /> <br /> <br />issued for the purposes of (a) refunding all or a portion of the outstanding balances of the City's <br /> <br /> <br />following bond issues (the "Prior Bonds"): (i) General Obligation Public Improvement and <br /> <br /> <br />Refunding Bonds, Series 1997 A, (ii) General Obligation Public Improvement and Refunding <br /> <br /> <br />Bonds, Series 2001A, and (iii) General Obligation Public Utility and Refunding Bonds, Series <br /> <br /> <br />2001 B; and (b) paying the costs of issuance of the Bonds. The full faith and credit of the City <br /> <br /> <br />are irrevocably pledged for the payment of the principal of and premium, if any, and interest on <br /> <br /> <br />this Bond in accordance with its terms. <br /> <br /> <br />Bonds maturing on or before , 20_ are not subject to redemption before <br /> <br /> <br />maturity. Bonds at the time outstanding which are stated to mature on or after , 20_ <br /> <br />may be redeemed before their maturities on or after , 20_ at the option of the City in <br /> <br />whole or in part (in installments of $5,000) at any time or from time to time during the following <br /> <br />-2- <br />