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~anuary ~ <br /> 7~ <br /> <br />duly <br />pricei d <br />abo~e } <br />such Pr <br />abovei <br /> <br />hereihs <br />date ~ <br />their d <br />been ~a <br /> <br />[ed for previon~ redemption and payment of the redemption <br />[Y made or provided for, the Primoipal sum (specified <br />id to pay inter~st.on sucb_J~rincipal Sum until payment of <br />lcipal Sum in full, at the Interest Rate (specified <br />~r annum on, , __ and semiannually on each <br />and thereafter (each such date is <br />;er referred to as an "interest payment date"), from the <br />~of or from the interest payment date next preceding <br />ne of authentication hereof to which interest shall h~ve <br />~, unless such date of authentication is an interest <br />~ate, in which case from such interest payment date if <br /> <br />payment <br />intergs shall have been paid to such date, or unless such date <br />of au~h 3tication is within the period from the sixteenth (16th) <br />day tb ]e last day of the calendar month next preceding the <br />followi ) interest payment date· in which case from such <br />followi ~ interest payment date. Such interest is payable by <br />checkc draft mailed by the Registrar hereinafter mentioned to <br />the R~g~stered Owner hereof at his address as it appears on such <br />boOkSeOf~ registry kept by the Registrar as of the close of <br />busin s on the fifteenth (15th) day (whether or not a business <br />day) ~f the calendar month next preceding each interest payment <br />date. <br /> <br /> The principal of and premium, if any, on this Bond are <br />pa~ab~eon presentation and surrender hereof at the principal <br /> offi~e~ ~f , as Registrar· in the <br /> ~ . The principal of and premium, if any, <br /> and 1 rest on this Bond are payable in such coin or currency of <br /> . <br /> the ni ed States of America as at the respective dates of <br /> al tender for public and private debts· <br /> ! <br /> This Bond is one of an issue ~f Bonds aggregating T~n <br />Millio~Dollars ($10,000,000) in principal amount and issued for <br /> ~ose <br /> of providing funds to pay the costs of capital <br /> the ~ <br /> impr¢ ents, extensions and additions to the revenue-producing <br /> d sewerage system of the city, under and pursuant toand <br /> compliance with the Constitution and statutes of the <br /> alth of virginia· including Article VII, Section <br /> · of the Constitution of virginia, Chapter 5 of Title <br /> the Code of Virginia, 1950 (the same being the Public <br /> <br />wateI <br />in f~ <br />Commc <br />10(a) <br />15.1 <br />Finar <br />COU/1C <br /> <br />city <br /> <br />portJ <br />$5,0( <br />rede~ <br />matu~i~ <br />time ol <br />shal i <br />thanla <br />the pa <br />select <br />Sond~ <br />instal <br />inte~e <br />premlu <br /> <br />fixe( <br /> <br />Bond <br /> <br />of ti <br />mail, <br />rede] <br />Regi: <br /> <br />port/ <br />been <br /> <br />th~s <br /> <br />pa~a~ <br />pr?vi <br />prlnc <br />from <br /> <br />chs <br />Bond: <br />exoh~ <br />aggr, <br /> <br />is t: <br />hi ~ <br />kept <br />th ] <br /> <br />.~e.~o~ <br /> <br />Act), and the Charter of the City, proceedings of the <br />of the City duly adopted and taken under such Chapte! <br />· Charter, and an election of the qualified voters of <br />y held pursuant to such Chapter 5 on November 6, 199( <br /> <br />the <br /> <br />or <br /> <br /> to <br /> <br /> The Bonds of the series of which this Bond is one ~ <br />~ of the principal amount thereof in installments of <br />maturing on and after are subje¢ <br />.on at the op=ion of the City prior to their stated <br />.es on or after , in whole at any <br /> in part on any interest payment date in such order a~ <br /> determined by the city (except that if at any time less <br /> of Bonds of a given maturity are called for redemption, <br /> icular Bonds of such maturmty to be redeemed shall b <br />[ by lot), upon payment of the principal amount of the <br />~r portions of the principal amount thereof in <br />~ents of $5,000) to be redeemed, together with the <br />: accrued thereon to the date fixed for redemption, plus a <br />of [INSERT REDEMPTION ~REMIUMS]. <br /> <br /> If this Bond is redeemable and this Bond (or any <br />of the principal amoun= hereof) shall be called for <br />.on, notice of the redemption hereof· specifying the date, <br />~nd maturity of this Bond, the date and place or places <br />)r its redemption, the premium, if any, payable upon such <br />~on, and if less than the entire principal amount of.~his <br />to be redeemed, that this Bond must be surrendered ~n <br />~ for the principal amount hereof to be redeemed and a new <br />Bonds issued equalling in principal amount that portion <br />~rincipal amount hereof not to be redeemed, shall be <br />%ct less than thirty (30) days prior to the date fixe4 for <br />[on by first class mail, postage prepaid, to the <br />~ed Owner hereof at his address as it appears on the books <br />~try kept by the Registrar as of the close of business on <br />:y-fifth (45th) day preceding the date fixed for <br />~on. If noti¢~ of the redemption of this Bond (or of the <br />of the principal amount hereof ~o be redeemed) shall have <br />~en ~s aforesaid· and payment of the principal amount of <br /> <br /> .ond (or the portion of the principal amoun= hereof to be <br /> ed) and of the accrued interest and premium, if any, <br />e upon such redemption shall ha~e been duly made or <br />ed for, interest on. this Bond (or on the portion of the <br />~pal amount hereof to be redeemed) shall cease to acczle <br />~nd after the date so specified for the redemption heI ~of. <br /> <br /> Subject =o the limitations and upon payment of t~ <br />s, if any, provided in the proceedings authorizing <br />of the issue of which this Bond is one, this Bond ma~ <br />ged at the principal office of the Registrar for ali <br />ate principal amount of Bonds of other authorized pr~ <br />s and of the same series which this Bond is one. Th/ <br />nsferable by the Registered Owner hereof, in person <br />torney duly authorized in writing, on the books of rm <br />y the Registrar for such purpose at the principal of~ <br />gistrar but only in the manner, subject to the limit~ <br />,on payment of the charges, if any, provided in the <br />.dings authorizing the Bonds of the series of which t~ <br /> <br />acipal <br />~ Bond <br />r by <br />Fistry <br />ice of <br />tions <br /> <br />s one, and upon th~ surrender hereof for cancellation. <br />uch transfer a new Bond or Bonds of authorized <br />nations and of the same aggregate principal ~ount, ~eries, <br />.st rate and maturity as the Bond surrendered, will b <br />. to the transferee in exchange herefor. <br /> <br />471 <br /> <br /> <br />