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September 15 and March 15 thereafter until maturity or earlier redemption of this Certificate, by <br /> check sent by United States mail, first class, postage prepaid, by the Paying Agent/Registrar to <br /> the Registered Owner of record as of the close of business on the fifteenth calendar day of the <br /> month immediately preceding the applicable interest payment date, as shown on the registration <br /> books kept by the Paying Agent/Registrar. Any accrued interest payable at maturity or earlier <br /> redemption shall be paid upon presentation and surrender of this Certificate at the principal <br /> corporate trust office of the Paying Agent/Registrar. <br /> THIS CERTIFICATE IS ONE OF A DULY AUTHORIZED SERIES OF <br /> CERTIFICATES (the "Certificates") in the aggregate principal amount of$ issued <br /> pursuant to an ordinance adopted by the City Council of the City on September 28, 2015 (the <br /> "Ordinance"), for the purpose of providing all or part of the funds to pay contractual obligations <br /> to be incurred for the construction of public works and the purchase of materials, supplies, <br /> equipment, machinery, buildings, land and rights-of-way for authorized needs and purposes and <br /> for the payment of contractual obligations for professional services, to wit (i) improvements and <br /> extensions to the City's water and sewer system, (ii) street improvements, (iii) drainage <br /> improvements, and (iv) professional services rendered in connection with the above listed <br /> projects. <br /> REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS <br /> CERTIFICATE SET FORTH ON THE REVERSE HEREOF, WHICH PROVISIONS SHALL <br /> HAVE THE SAME FORCE AND EFFECT AS IF SET FORTH AT THIS PLACE.4 <br /> THIS CERTIFICATE shall not be valid or obligatory for any purpose or be entitled to <br /> any benefit under the Ordinance unless this Certificate is authenticated by the Paying <br /> Agent/Registrar by due execution of the authentication certificate endorsed hereon.5 <br /> 4 This paragraph shall be omitted from the initial Certificate and any other Certificate for which text does not appear <br /> on the back of a printed certificate. <br /> 5 In the initial Certificate,this paragraph shall read: <br /> "THIS CERTIFICATE shall not be valid or obligatory for any purpose or be entitled to <br /> any benefit under the Ordinance unless this Certificate is registered by the Comptroller of Public <br /> Accounts of the State of Texas by due execution of the registration certificate endorsed hereon." <br /> A-2 <br /> HOU:3589513.1 <br /> I <br />