Ord 2012-014 - Laserfiche WebLink

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* day year comprised of twelve 30 day months, compounded semiannuaand ** __________ of each year commencing __________. For convenience f reference a table of the "Accreted Value" per $5,000 Maturity Amount is printed on the reverse side of this Bond. The term "Accreted Value" as set forth in the table on the reverse side hereof shall mean the original principal * amount plus initial premium per $5,000 Maturity Amount compounde * and __________ at the yield shown on such table. of this Bond is payable in lawful money of the United States THE MATURITY AMOUNT of America, without exchange or collection charges. The Maturity Amount of this Bond shall be paid to the Registered Owner hereof upon presentation and surrender o Bond at maturity, at the designated office for payment of Regions Bank, Houston, Texas, ws the "Paying Agent/Registrar" for this Bond, and shall be drawn by the Paying Agent/Registrar on, and solely from, funds of the City required by the order authorizing the issuanceof the Bonds (the "Bond Ordinance") to be on deposit with the Paying Agent/Registrar for such purpose as hereinafter provided, payable to the Registered Owner hereof, as it appears on the Registratioooks kept by the Paying Agent/Registrar, as hereinafter described. The City covenants whe Registered Owner of this Bond that on or before the Maturity Date for this Bond it will m available to the Paying Agent/Registrar, from the "Interest and Sinking Fund" created by the Bond Ordinance, the amounts required to provide for the payment, in immediately available fuaturity Amount, when due. Notwithstanding the foregoing, during any period in which ownership of the Bonds is determined only by a book entry at a securities depository for tnds, any payment to the securities depository, or its nominee or registered assigns, shall be made in accordance with existing arrangements between the City and the securities depository. [FORM OF REMAINDER OF EACH BOND] for the payment of the principal of or interest on this Bond sh IF THE DATE Saturday, Sunday, legal holiday, or day on which banking instituin the city where the principal office for payment of the Paying Agent/Registrar is located are horized by law or executive order to close, or the United States Postal Service is not open for business (each a "Non-Business Day"), then the date for such payment shall be the next succeeding day which is not a Non-Business Day, and payment on such date shall have the same force and effect ase on the original date payment was due. * is one of a series of Bonds dated as of _________ and authorize THIS BOND pursuant to the Bond Ordinance adopted by the City Council of the City in the principal amount of * $_________ [constituting $_________ Current Interest Bonds and $ * Compound Interest Bonds] for the purpose of providing funds for unded Obligations and (ii) paying the costs of issuing the Bonds. * To be completed as determined in the Pricing Certificate. * To be included only if Current Interest Bonds and Premium Compound Interest Bonds are both issued and completed as determined in the Pricing Certificate. 12 San Marcos GORB 2012 - Delegated: Ordinance