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' ' ~ S~nnary 7~ 1991
<br />
<br />respect%ye dates of paYment is legal tender for public and
<br />privateI debts.
<br />
<br /> i This Bond is one Of &~ issue of Bonds aggregating
<br /> Thir y- ire Million Dollars ($35,000,000) in principal amount and
<br /> issued Sot the purpose of providing funds to pay the cost of
<br /> varip~S~ublie improvement projects of and for the City, under
<br /> and r ant to and in full compliance with the Constitution and
<br />statule~iof the Commonwealth of Virginia, including Chapter 5 of
<br />Title l!i.1 of the Code of Virginia, 1950 (the same being the
<br />Publi hence Act), the Charter of the City, and proceedings Of
<br />5t~.e clunCil of the City duly adopted and taken under such Chapter
<br /> ! ~ The Bonds of the series of which this Bond is one (or
<br />portign~of the principal amount thereof in installments of
<br />$5,000)~aturing on and after
<br />redembtion at the option of th~ City are subject to
<br />matur~t[i~ _ prior to their stated
<br /> i s on or after in whole at any time or
<br />in p.~t any interest paYment date in such order as shall be
<br />dete in~d by the City (except that if at any time less than all
<br />of t B~nds of a given maturity are called for redemption, the
<br />parti~u~I~ Bonds of such maturity to be redeemed shall be
<br />selec~e y lot), upon payment of the principal amount of the
<br />Bonds~(o~portions of the principal amount thereof in
<br />installments of $5,000) to be redeemed, together ~ith the
<br />
<br />inter~
<br />
<br />Bond
<br />
<br />that
<br />be
<br />for
<br />
<br />books
<br />busine
<br />for re
<br />
<br />been
<br />this
<br />
<br />payabl,
<br />
<br />principal
<br />from a~d
<br />
<br />charge~,
<br />Bonds 6f
<br />
<br />aggreg~t~
<br />amount~ ~
<br />is tra%s~
<br />his at$ol
<br />kept by ~
<br />the Re,is
<br />and upgn
<br />proceedi~
<br />Bond i~ ¢
<br />Upon such
<br />denomi~a~
<br />
<br />issued
<br />
<br />and
<br />
<br />there
<br />and ii
<br />levied
<br />to
<br />suffici
<br />interes
<br />payable
<br />
<br />accrued thereon to the date fixed for redemptlon, plus a
<br />,f [INSERT REDEMPTION PREMIUMS].
<br />
<br /> If this Bond is redeemable and this Bond (or any
<br /> the principal amount hereof) shall be called for
<br /> notice of the redemption hereof, specifying the date,
<br /> maturity of this Bond, the date and place or places
<br /> redemption, the premium, if any~ payable upon such
<br /> and if less than the entire principal amount of this
<br /> redeemed, that this Bond must be surrendered in
<br />for the principal amount hereof to be redeemed and the
<br />of a new Bond or Bonds equalling in principal amount
<br />ion of the principal amount hereof no~ redeemed, shall
<br /> not less than thirty (30) days prior to the date fixed
<br /> by first class mail, postage prepaid, ~o the
<br /> Owner of this Bond at his address as it appears on the
<br /> kept by the Registrar as of the close of
<br />Dn the forty-fifth (45th) day preceding the date fixed
<br /> If notice of the redemption of this Bond (or the
<br /> the principal amount hereof ~o be redeemed) shall have
<br /> as aforesaid, and payment of the principal amount of
<br /> the portion of the principal amount hereof to be
<br /> and of the accrued interes~ and premium, if any,
<br /> such redemption shall have been duly made or
<br /> interest on this Bond (or on the portion of the
<br />amount hereof to be ~edeemed) shall cease t~ accrue
<br />~fter the date ~o specified for the redemption hereof.
<br />
<br /> Subject to the limitations and upon payment of the
<br />[f any, provided in the authorizing the
<br /> thlsPr°ceedings
<br />;he series of which ' Bond is one, this Bond may be
<br />at the principal office of the Registrar for a like
<br />principal amount of Bonds of other authorized principal
<br />~d of the series of which this Bond is one. This Bond
<br />~rable by the Registered Owner hereof, in person or by
<br />~ey duly authorized in writing, on the books of registry
<br />~e Registrar for such purpose at the principal office of
<br />;rer but only in the manner, subject to the limitations
<br />~aYment of the charges, if any, provided in the
<br />is authorizing the Bonds of the series of which this
<br />~, and upon the surrender hereof for cancellation.
<br />~ransfer a new Bond or Bonds of authorized
<br /> )ns and of the same aggregate principal amount, ser~es,
<br /> and maturity as the Bond surrendered, will be
<br />the ~ransferee In exchange herefor.
<br />
<br />The full faith and credit of the City are hereby
<br />y pledged ~o the punctual payment of the principal of
<br />st on this Bond as the same respectively become due and
<br />In each year while this Bond is outstanding and unpaid,
<br />1 be assessed, levied and collected, at the same time
<br /> same manner as other taxes in the City are assessed,
<br /> collected, an ad valorem tax upon all property subject
<br /> by the City, without limitation as to rate or amount,
<br /> provide for the payment of the principal of and
<br /> this Bond as the same respectively become due and
<br />
<br />certlfi.
<br />signed
<br />
<br />and to
<br />and the
<br />have
<br />
<br />executed k
<br />Director c
<br />city or a
<br />
<br /> %is Bond shall not be valid or obligatory unless the
<br /> of authentication hereon shall have been manually
<br /> on behalf of the Registrar.
<br />
<br />[t is hereby certified, recited and declared that all
<br /> and things required to have happened, to exist
<br /> d precedent to and in the issuance of this Bond
<br /> of which it is a part do exist, have happened and
<br /> in due time, form and manner as required by
<br /> the amounm of this Bond, uogether with all other
<br /> of the City, does not exceed any limitation of
<br /> prescribed by the Constitu=ion or s~atutes of the
<br /> Virginla or the Charter of the City.
<br />
<br /> WITNESS WHEREOF, the City has caused this Bond to be
<br /> the manual or facsimile signatures of its Mayor and
<br /> Fimance; an impression of the corporate se~l of the
<br /> ~cmimile thereo~ t~be affixed hereto or imprinted
<br />
<br />465
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<br />
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