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199
<br />
<br />November 9, 1982
<br />
<br />redemption hereof, specifying the date, number and maturity of this Bond; the date and
<br />place fixed for its redemption and the premium, if any, payable upon such redemption shall be
<br />given by the City by publication of such notice once in a newspaper printed in the Engl{sh
<br />language and customarily published on each bUsiness day and of general circulation in t~e City
<br />and once in at least one newpaper or financial pUblication printed in the English language
<br />and customarily published on each business day in New York, New York, the date of publication
<br />of such notice in each case to be at least thirty days prior to the date fixed for redemption.
<br />If this Bond is then registered as to principal only or as tO both principal and interest,
<br />notice of the redemption hereof, shall be mailed not less than thirty days prior to thelda~e
<br />fixed for redemption by registered mail to the registered owner of this Bond at such owner s
<br />address as shown on the books of registry; provided, however, that if this Bond shall then be
<br />registered and notice or redemption is mailed as aforesaid, then notice of the redemption hereof
<br />need not be given by publication, and if notice of redemption is given by pUblication ay
<br />aforesaid, then if this Bond shall then be registered the failure to mail such notice a~
<br />
<br />aforesaid or any defect in any notice so mailed shall not affect the sufficiency of the
<br />ings for the redemption hereof. If notice of the redemption of this Bond shall have bee
<br />as aforesaid, and payment of the principal amount of this Bond and of the accrued intere
<br />premium, if any, payable upon such redemptiSn' shall have been duly made or provided for,
<br />interest hereon shall cease from and after the date so specified for the redemptisn~her¢
<br />any coupons representing such interest shall be void.
<br />
<br /> It is hereby certified, recited and declared that all acts, conditions and thin
<br />required to exist, happen or be performed precedent to and in the issuance of the Bond
<br />have happened and have been performed in due time, form and manner as required by law,
<br />the amount of this Bond, together with ail other indeptedness of the City, does not exc
<br />any limitatien of indebedness prescribed by the constitution or statues of the Commonwee
<br />of Virginia or the Charter of the City.
<br />
<br /> The full faith and credit of the City are hereby irrevocably pledged for the pay
<br />the principal of and interest on this Bond as the same become due. The principal hereof
<br />interest hereon shall be payable from ad valorem taxes without limitatio~ of rate or amo
<br />upon all property within the City subject to taxation by the City, if the revenues of th
<br />aforesaid water and sewerage system are insufficient for that purpose.
<br />
<br /> IN WITNESS WHEREOF, the city has caused this Bond to be executed by the manual o
<br />facsimile signatures of its Mayor and Director of Finance and the corporate seal of the
<br />to be impressed or a facsimile thereof imprinted hereon and attested by the manual or fa
<br />signature of the City Clerk of the City (provided that one such signature hereon shall b
<br />manual signature); the coupons appertaining hereto to be executed by the faxsimile signa
<br />the Director of Finance of the City; and this Bond to be dated as of the ~irst day of De
<br />1982.
<br />
<br />proceed-
<br />n given
<br />st and
<br />
<br />of and
<br />
<br />S
<br />×ist,
<br />nd that
<br />ed
<br />lth
<br />
<br />nent of
<br />and
<br />~nt
<br />
<br />c~ity
<br />zsimile
<br />~ a
<br />;ure of
<br />
<br />(SEAL)
<br />
<br />Attest:
<br />
<br />Mayor
<br />
<br />City Clerk
<br />
<br />Director of Finance
<br />
<br /> (Form of Coupon)
<br />
<br />No. $
<br />
<br /> day of , , unless the Bond hereinafter mentioned
<br /> On
<br /> the
<br /> first
<br />shall have been duly called for previous redemption and payment of the redemption pricer duly
<br />made or provided for, the City of Portsmouth, Virginia, will pay to bearer upon the presentation
<br />and surrender hereof the amoun~ shown hereon
<br /> in such coin or currency of the United Stat~s of
<br />America as at the date of payment hereof is legal tender for public and private debts, at the
<br />principal office of Virginia National Bank, in Norfolk, Virginia, or, at the option of t~e
<br />bearer, at the principal office of The Chase Manhattan Bank (National Association), in N w York,
<br />New York being interest then due on its General Obligation Public Utility Bond, dated as of
<br />December 1, 1982 and numbered No.
<br />
<br />Director of Finance:
<br />
<br />[Form of Provisions for Registration)
<br />
<br /> This Bond may be registered as to principal only in the name of the holder on th~ books
<br />of registry to be kept by the Director of Finance of the City of Portsmouth, Virginia, asjRegistra
<br />such registration to be noted by the Registrar in the registration blank below. After sudh regis-
<br />tration, no transfer hereof shall be effective against the Registrar, the City of Portsmeuth or
<br />the paying agents for this Bond unless made on said books by the registered owner or attcrney
<br />duly authorized and similarly noted hereon, but this Bond may be discharged from such registratio-
<br />
<br />ns/
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