O-1988-1595 - Laserfiche WebLink

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e e letters of the Committee on Uniform Securities Identifica- tion Procedures of the American Bankers Association) and such legends and endorsements (including the reproduction of an opinion of counsel), thereon as rnay, consistently herewith, be established by the Authority or determined by the officers executing such Bonds as evidenced by their execution thereof. 3.01. Form of Bond. Registered No. Registered $ UNITED STATES OF AMERICA STATE OF TEXAS COUNTY OF HARRIS LA PORTE AREA WATER AUTHORITY CONTRACT REVENUE BOND SERIES 1988 Interest Rate Due December 1, Initial Date June 1, 1988 La Porte Area Water Authority, in the County of Harris, State of Texas (the "Authority"), for value received, hereby prornises to pay to or registered assigns, on the due date shown above, the sum of DOLLARS, and to pay interest thereon, at the rate specified above, from the date of delivery, beginning June 1, 1989, and semi- annually thereafter on June 1 and December 1 of each year until the principal sum. shall have been paid, such interest to be computed on the basis of a 360-day year of twelve 30-day months. The principal of this Bond is payable in lawful money of the United States of America, without exchange or collection charges, at the principal corporate trust office of First City National Bank of Houston, Houston, Texas, or its successor (the "Paying Agent/Registrar") upon presentation and surrender of this Bond. The interest on this Bond payable on any interest payment date will be paid to the person, firm or corporation in whose name this Bond is registered at the close of business on the 15th day of the calendar month next preceding such interest payment date 022DESAO/024C04 -11-