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<br />. <br /> <br />e <br /> <br />THIS CERTIFICATE is one of a series of Certificates (the "Certificates") dated as of the Dated Date, <br />specified above, of like designation, date, and tenor, except as to number, interest rate, denomination, and maturity <br />issued pursuant to the Ordinance in the original aggregate principal amount of $3,000,000 for the purpose of <br />providing for the payment of contractual obligations to be incurred for the purpose of financing for construction and <br />equipment for public library purposes and of the payment of contractual obligations for professional services in <br />connection therewith (including, but not limited to, architectural, [mancial advisory, legal, and engineering). <br /> <br />*REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS CERTIFICATE SET <br />FORTH ON THE REVERSE HEREOF, WHICH PROVISIONS SHALL HAVE THE SAME FORCE AND <br />EFFECT AS IF SET FORTH IN THIS SPACE. <br /> <br />**IN WITNESS WHEREOF, this Certificate has been signed with the manual or facsimile signature of the <br />Mayor of the Issuer and countersigned with the manual or facsimile signature of the City Secretary of the Issuer, and <br />the official seal of the Issuer has been duly impressed, or placed in facsimile, on this Certificate. <br /> <br />xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx <br />City Secretary <br /> <br />xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx <br />Mayor <br /> <br />(CITY SEAL) <br /> <br />(Back Panel of Certificates) <br /> <br />THE CERTIFICATES are issued pursuant to the Ordinance whereunder the City Council of the City <br />covenants to levy a continuing, direct, annual ad valorem tax on taxable property within the City, within the limits <br />prescribed by law, for each year while any part of the Certificates are considered outstanding under the provisions of <br />the Ordinance, in a sufficient amount to pay interest on each Certificate as it becomes due, to provide a sinking fund <br />for the payment of the principal of the Certificates when due, and to pay the expenses of assessing and collecting <br />such tax, and this Certificate is additionally secured by and payable from a limited pledge of $1,000 from the <br />revenues of the Issuer's parks and recreation system (the "System"), which amount is payable from the revenues <br />remaining after payment of all operation and maintenance expenses of the System, and all debt service, reserve, and <br />other requirements in connection with all of the Issuer's revenue bonds or other obligations (now or hereafter <br />outstanding) which are payable from all or any part of the "Net Revenues" of the System. Reference is hereby made <br />to the Ordinance for provisions with respect to the custody and application of the City's funds, remedies in the event <br />of a default hereunder or thereunder, and the other rights of the Registered Owner. By acceptance of this Certificate, <br />the Registered Owner consents to all of the provisions of the Ordinance, a certified copy of which is on file in the <br />office of the City Secretary. <br /> <br />THE CITY RESERVES THE RIGHT to redeem the Certificates maturing on or after March 15,2011, in <br />whole or in part, in integral multiples of $5,000, on March 15, 2010, or on any date thereafter. Such optional <br />redemptions shall be at a redemption price of par plus accrued interest on the principal amounts called for <br />redemption to the date fixed for redemption. If less than all of the Certificates are to be redeemed, the particular <br />Certificates to be redeemed shall be selected by the City in integral multiples 0[$5,000 within anyone maturity. At <br />least 45 days prior to the date fixed for any redemption of Certificates or portions thereof prior to maturity a written <br />notice of such redemption shall be given by the City to the Paying Agent/Registrar, and the Paying Agent/Registrar <br />shall send a copy of such notice at least 30 days prior to the date fixed for redemption by United States mail, first <br />class, postage prepaid, addressed to the registered owner of each Certificate to be redeemed in whole or in part at the <br />address shown on the Registration Books; provided, however, that the failure to send, mail, or receive such notice, <br />or any defect therein or in the sending or mailing thereof, shall not affect the validity or effectiveness of the <br />proceedings for the redemption of any Certificate. When Certificates or portions thereof have been called for <br />redemption, and due provision has been made to redeem the same, the principal amounts so redeemed shall be <br />payable solely from the funds provided for redemption, and interest which would otherwise accrue on the amounts <br />called for redemption shall terminate on the date fixed for redemption. <br /> <br />3 <br />