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O-1985-1469
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O-1985-1469
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Last modified
11/2/2016 3:38:43 PM
Creation date
7/24/2006 10:05:48 AM
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Legislative Records
Legislative Type
Ordinance
Date
9/24/1985
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<br />e <br /> <br />. <br /> <br />typed or printed on all of the Bonds other than the Initial <br />Bonds shall be~ respectively, substantially as follows: <br /> <br />(Form of Bond) <br /> <br />Registered <br />No. <br /> <br />Registered <br />$ <br /> <br />UNITED STATES OF AMERICA <br />STATE OF TEXAS <br />COUNTY OF HARRIS <br />CITY OF LA PORTE, TEXAS <br />WATERWORKS AND SEWER SYSTEM REVENUE <br />SERIES 1985 <br /> <br />BOND <br /> <br />Interest Rate <br /> <br />Due <br /> <br />Initial Date <br /> <br />CUSIP No. <br /> <br />February 1, <br /> <br />September 15, 1985 <br /> <br />The City of La Porte, Texas (the "City"), for <br />value received, hereby promises to pay to <br /> <br />or registered assigns, on the due date shown above, the sum <br />of DOLLARS, <br />and to pay interest thereon until paid, at the rate speci- <br />fied above, from the later of the Initial Date shown hereon <br />or the most recent date to which interest has been paid or <br />duly provided for, beginning March 15, 1986, and semiannual- <br />ly thereafter on September 15 and March 15 of each year <br />until the principal sum shall have been paid in full, such <br />interest to be computed on the basis of a 360-day year of <br />twelve 30-day months. The principal of this Bond is payable <br />in lawful money of the United States of America, without <br />exchange or collection charges, at the principal corporate <br />trust office of the Paying Agent/Registrar executing the <br />Certificate of Authentication appearing hereon, upon presen- <br />tation and surrender of this Bond. The interest on this <br />Bond payable on any interest payment date will be paid to <br />the person, firm or corporation in whose name this Bond is <br />registered at the close of business on the last business day <br />of the calendar month next preceding such interest payment <br />date, by check or draft dated as of the interest payment <br />date and mailed to such registered owner. <br /> <br />* * * * * * * * * * <br /> <br />(Additional Provisions of the Bonds) <br />(To be printed or typed on the face of the <br />Initial Bonds and printed on the back <br />of all other Bonds) <br /> <br />THIS BOND is one of the series specified in its <br />title issued in the aggregate principal amount of $6,000,000 <br />(the "Bonds") pursuant to an ordinance (the "Bond Ordi- <br />nancell) duly adopted by the City Council of the City for the <br />purpose of extending and improving the City's sanitary sewer <br />system (leaving $2,250,000. of bonds authorized for such <br />purpose at the election held in the City on June 15, 1985, <br />to be issued in one or more installments at a later date or <br />dates), under and in strict conformitv with the Constitution <br />and laws of the State of Texas, including without limitation <br /> <br />002RDRAW/193B01 <br /> <br />-5- <br />
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