R-1989-01 - Laserfiche WebLink

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e e 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 by check or draft dated as of the interest payment date and mailed to such registered owner. * * * * * * * * * * (Additional Provisions of the Bonds) (To be typed on the face of the Initial Bonds and all non-printed Bonds and printed on the back of all printed Bonds) THIS BOND is one of the series specified in its title issued in the aggregate principal amount of $4,800,000 (the "Bonds") pursuant to a Resolution (the "Bond Resolu- tion") duly adopted by the Board of Directors of the Authority for the purpose of constructing a transmission and distribution system to transport water from the Southeast Water Purification Plant under construction by the City of Houston, Texas to customers of the Authority, under and in the strict conformity with the Constitution and laws of the State of Texas, including without limitation Chapter 729, pages 2,678 et seg., Acts of the 67th Legislature of Texas, Regular Session, 1981, and Chapter 54 of the Texas Water Code, as amended. Capitalized terms used herein have the respective meanings assigned to them in the Bond Resolution. The Authority expressly reserves the right to issue additional bonds on a parity in all respects with the Bonds, in accordance with the terms and conditions set forth in the Bond Resolution. 038DESAJ/024C02 -12-