Ord 1997-031 - Laserfiche WebLink

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I I - SectlOn 6 02. Form of Bonds The form of Bonds, includmg the form of the Reglstration Certlficate of the Comptroller of Pubhc Accounts of the State of Texas, the form of CertIficate of the PaYIDg Agent/Reglstrar and the form of ASSIgnment appearmg on the Bonds, shall be substantially as follows (a) [Form of Bond] REGISTERED REGISTERED No $ CITY OF SAN MARCOS, TEXAS WATERWORKS AND SEWER SYSTEM REVENUE BOND SERIES 1997 INTEREST RATE MA TURITY DATE, ORIGINAL ISSUE DATE: CUSIP NUMBER. July IS, 1997 The Clty of San Marcos (the "Clty") m the Countles of Hays and Caldwell, State of Texas, for value receIved, hereby promIses to pay to or registered aSSIgns, on the Maturity Date speclfied above, the sum of DOLLARS unless thIS Bond shall have been sooner called for redemptlOn and the payment of the pnnclpal hereof shall have been pald or provlslon for such payment shall have been made, and to pay lllterest on the unpald pnnclpaI amount hereof from the later of the Ongmal Issue Date spcclfied above or the most recent lllterest payment date to which mterest has been pald or provided for until such princlpal amount shall have been paId or provlded for, at the per annum rate of interest speclfied above, computed on the basls of a 3 60-day year of twelve 3 O-day months, sllch mterest to be paid sermannuaUy on February 15 and August 15 of each year, commencing August 15, 1998 The pnnclpal of thlS Bond shall be payable WithOut exchange or collectlOn charges m lawful money of the Uruted States of Arnenca upon presentaoon and surrender of thlS Bond at the corporate trust office m Dallas, Texas (the "Designated Payment/Transfer Office"), of the Paymg Agent/Reglstrar executmg the registratlOn certIficate appearmg hereon, or, WIth respect to a successor Paymg Agent/RegIstrar, at the DeSIgnated Payment/Transfer Office of such successor Interest on this Bond lS payable by check dated as of the lllterest payment date, mailed by the Paymg Agent/RegIstrar to the reglstered owner at the address shown on the regIstration books kept by the Paymg Agent/RegIstrar or by such other customary bankmg arrangements acceptable to the Paymg Agent/Registrar, requested by, and at the nsk and expense of, the person to whom mterest IS to be pald. For the purpose of the payment of lllterest on thIs Bond, the reglstered owner shall be the person m whose name thIS Bond IS reglstered at the close of busmess on the "Record Date," which shall be the last busmess day of the month next preceding such mterest payment date; proVided, however, that m the event R:\SANMAR\'N"WSS_97\DOCS\ORDNCE 15