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<br />e
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<br />PRINCIPAL AMOUNT:
<br />
<br />DOLLARS
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<br />ON THE MATURITY DATE, specified above, THE CITY OF LA PORTE, a home rule city and
<br />municipal corporation of the State of Texas (the "City"), hereby promises to pay to the Registered Owner, specified
<br />above, or registered assigns (hereinafter called the "registered owner") the Principal Amount, specified above, and
<br />to pay interest thereon from the Issue Date, specified above, on September 15, 2000, and semiannually on each
<br />March 15 and September 15 thereafter to the Maturity Date, specified above, or the date of redemption prior to
<br />maturity, at the Interest Rate per annum, specified above; except that if this Bond is required to be authenticated and
<br />the date of its authentication is later than the first Record Date (hereinafter defined), such principal amount shall
<br />bear interest from the interest payment date next preceding the date of authentication, unless such date of
<br />authentication is after any Record Date but on or before the next following interest payment date, in which case such
<br />principal amount shall bear interest from such next following interest payment date; provided, however, that if on
<br />the date of authentication hereof the interest on the Bond or Bonds, if any, for which this Bond is being exchanged is
<br />due but has not been paid, then this Bond shall bear interest from the date to which such interest has been paid in
<br />full.
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<br />THE PRINCIPAL OF AND INTEREST ON this Bond are payable in lawful money of the United States of
<br />America, without exchange or collection charges. The principal of this Bond shall be paid to the registered owner
<br />hereof upon presentation and surrender of this Bond at maturity or upon the date fixed for its redemption prior to
<br />maturity, at the designated payment office of CHASE BANK OF TEXAS, NATIONAL ASSOCIATION, Houston,
<br />Texas, or its successor, which is the "Paying Agent/Registrar" for this Bond. The payment of interest on this Bond
<br />shall be made by the Paying Agent/Registrar to the registered owner hereof on each interest payment date by check,
<br />dated as of such interest payment date, drawn by the Paying Agent/Registrar on, and payable solely from, funds of
<br />the City required by the ordinance authorizing the issuance of this Bond adopted on March 27, 2000 (the "Bond
<br />Ordinance") to be on deposit with the Paying Agent/Registrar for such purpose as hereinafter provided; and such
<br />check shall be sent by the Paying Agent/Registrar by United States mail, first-class postage prepaid, on each such
<br />interest payment date, to the registered owner hereof, at its address as it appeared on the last business day of the
<br />month next preceding each such date (the "Record Date") on the Registration Books kept by the Paying
<br />Agent/Registrar, as hereinafter described. In addition, interest may be paid by such other method, acceptable to the
<br />Paying Agent/Registrar, requested by, and at the risk and expense of, the registered owner.
<br />
<br />THIS BOND is one of a series of Bonds dated as of March 15, 2000, authorized in accordance with the
<br />Constitution and laws of the State of Texas in the original principal amount of $3,250,000 for the purpose of
<br />providing funds for additions to City Hall, replacement of Fire Station No.3 and Fire Station No.4, and replacement
<br />of the San Jacinto Swimming Pool.
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<br />REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THE BOND SET FORTH ON
<br />THE REVERSE HEREOF, WHICH PROVISIONS SHALL HAVE THE SAME FORCE AND EFFECT AS IF
<br />SET FORTH IN THIS SPACE.
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<br />IN WITNESS WHEREOF, the City has caused this Bond to be signed with the manual or facsimile
<br />signature of the Mayor of the City and countersigned with the manual or facsimile signature of the City Secretary of
<br />the City, and has caused the official seal of the City to be duly impressed, or placed in facsimile, on this Bond.
<br />
<br />CITY OF LA PORTE, TEXAS
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<br />xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
<br />City Secretary
<br />City of La Porte, Texas
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<br />xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
<br />Mayor
<br />City of La Porte, Texas
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