Ord 2012-014 - Laserfiche WebLink

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interest payment date, in which case accrued interest on such remed Bonds shall be payable in the regular manner described above). The Issuer covenants with the stered Owner of this Bond that on or before each principal payment date, interest payment date, and accrued interest payment date for this Bond it will make available to the Paying Agent/Registrr, from the "Interest and Sinking Fund" referred to in and maintained by the Bond Ordinance, the as required to provide for the payment, in immediately available funds, of all principal of andrest on the Bonds, when due. Terms used in this Bond and not otherwise defined shall have theiven in the Bond Ordinance. in which ownership of the Bonds is determined only by a book DURING ANY PERIOD entry at a securities depository for the Bonds, if fewer than all of the Bonds of the same maturity and bearing the same interest rate are to be redeemed, the particulands of such maturity and bearing such interest rate shall be selected in accordance with the arraents between the Issuer and the securities depository. [FORM OF FIRST PARAGRAPHS OF PREMIUM COMPOUND INTEREST BOND] NO. PC-MAT URIT Y AMO UNT $ INTEREST RATEISSUANCE DATEDATE OF BONDSMATURITY DATE REGISTERED OWNER: MATURITY AMOUNT: ON THE MATURITY DATESPECIFIED ABOVE, CITY OF SAN MARCOS, TEXAS (the "City"), being a political subdivision and municipal corporon of the State of Texas, hereby promises to pay to the Registered Owner set forth above, or regitered assigns (hereinafter called the "Registered Owner") the Maturity Amount set forth above, representing the principal amount hereof and accrued and compounded interest hereon. Interest shall accrue on the principal amount hereof from the Issuance Date at the interest rate per annum specified alculated on the basis of a 360 11 San Marcos GORB 2012 - Delegated: Ordinance