O-1988-1600 - Laserfiche WebLink

Browse Search

e e substitutions and other variations as are permitted or required by this Resolution and may have such letters, numbers or other marks of identification (including identifying numbers and letters of the Committee on Uniform Securities Identification Procedures of the American Bankers Association) and such legends and endorsements (including the reproduction of an opinion of counsel), thereon as may, 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 ~IERICA 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 promises 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 022DESAO/024C05 -11-