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O-1991-1754
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O-1991-1754
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Last modified
11/2/2016 3:38:50 PM
Creation date
10/25/2006 4:32:17 PM
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Legislative Records
Legislative Type
Ordinance
Date
5/14/1991
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<br />. <br /> <br />e <br /> <br />[FORM OF BOND] <br /> <br />[Form of Front Panel of Bond] <br /> <br />NO. R- <br /> <br />United States of America <br />State of Texas <br />" CITY OF LA PORTE, TEXAS, <br />GENERAL OBLIGATION REFUNDING BOND <br />SERIES 1991" <br /> <br />PRINCIPAL <br />AMOUNT <br /> <br />INTEREST RATE <br /> <br />MATURITY DATE <br /> <br />ISSUE DATE <br />April 15, 1991 <br /> <br />CUSIP NO. <br /> <br />REGISTERED OWNER: <br /> <br />PRINCIPAL AMOUNT: <br /> <br />DOLLARS <br /> <br />ON THE MATURITY DATE, specified above, THE CITY OF LA <br />PORTE, a home rule city and municipal corporation of the State .of Texas. <br />(the "Issuer"), hereby promises to pay to the Registered Owner, specified <br />above, or registered assigns (hereinafter called the "registered owner") the <br />Principal Amount, specified "above, and to pay interest thereon from the <br />Issue Date, specified above, on August 15, 1991, and semiannually on each <br />February 15 and August 15 thereafter to the Maturity Date, specified above, <br />or the date of redemption prior to maturity, at the Interest Rate per annum, <br />specified abovej 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 <br />defined), such principal amount shall bear interest from the interest payment <br />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 <br />interest payment date, in which case such principal amount shall bear inter- <br />est from such next following interest payment date j provided, however, that <br />if on the date of authentication hereof the interest on the Bond or Bonds, if <br />any, for which this Bond is being exchanged is due but has not been paid, <br />then this Bond shall bear interest from the date to which such interest has <br />been paid in f':ll1. <br /> <br />THE PRINCIPAL OF AND INTEREST ON this Bond are payable in <br />lawful money of the United States of America, without exchange or collection <br />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 <br />the date fixed for its redemption prior to maturity, at the principal corpor- <br />ate trust office of First City, Texas - Houston, N. A., Houston, Texas, or <br />its successor, which is the "Paying Agent/Registrar" for this Bond. The <br />payment of interest on this Bond shall be made by the Paying Agent/Regis- <br />trar 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/Regis- <br />trar on, and payable solely from, funds of the Issuer required by the <br />ordinance authorizing the issuance of this Bond adopted on May 14, 1991 <br />(the "Bond Ordinance") to be on deposit with the Paying Agent/Registrar <br />for such purpose as hereinafter provided; and such check shall be sent by <br />the Paying Agent/Registrar by United States mail, first-class postage pre- <br /> <br />6 <br />
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