O-1991-1755 - Laserfiche WebLink

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. e FORM OF BOND: NO. R- $ United States of America State of Texas CITY OF LA PORTE; TEXAS, WATERWORKS AND SEWER SYSTEM REVENUE REFUNDING BOND, SERIES 1991 INTEREST RATE % MATURITY DATE ISSUE DATE April 15, 1991 CUSIP NO. REGISTERED OWNER: PRINCIPAL AMOUNT: DOLLARS ON THE MATURITY DATE, specified above, THE CITY OF LA PORTE, TEXAS, a home rule city and municipal corporation of the State of Texas (the "City"), hereby promises to pay to the Registered" Owner, specified above, or the registered assignee hereof (hereinafter called the "registered owner") the Principal Amount, specified above, and to pay interest thereon calculated on' the basis of a 360 day year of twelve 30 day months, from the Issue Date, specified above, to the date of its' scheduled maturity or the date of its redemption prior to scheduled maturity, at the Interest Rate per annum, specified above, with said interest being payable on September 15, 1991, and semiannually on each March 15., and September 15 thereafter. THE TERMS AND PROVISIONS of this Bond are continued on the reverse side hereof and shall for all purposes have the same effect as though fully set forth at this place. THE PRINCIPAL OF AND INTEREST. ON this Bond are payable in lawful money of the United States of America, without exchange or collection charges. The principal of this Bond shall be paid to the registered owner hereof upon presentation and surrender of this Bond at maturity or upon the date fixed for its redemption prior to maturity, at the principal corporate trust office of FIRST CITY, TEXAS - HOUSTON, N .A., Houston, Texas, which is the "Paying Agent/Registrar" for this Bond. The payment of interest on this Bond shall be made by the Paying Agent/Registrar to the registered owner hereof as shown by the Registration Books kept by the Paying Agent/Registrar at the close of business on the Record Date (hereinafter described) by check drawn by the Paying Agent/ Registrar on, and payable solely from, funds of the City required to be on deposit with the Paying Agent/Registrar for such purpose as hereinafter provided; and such check shall be sent by the Paying Agent/Registrar by United States mail, postage prepaid, on each such interest payment date, to the registered owner hereof at its address as it appears on the Registration Books kept by the Paying Agent/Registrar, as hereinafter described. The record date ("Record Date") for the interest payable on any interest payment date means the last calendar day of the month next preceding such interest payment date. In the event of a non-payment of interest on a scheduled payment date, and for 30 calendar days thereafter, a new record date for such 5