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<br />Exhibit B <br />Form of Bond <br /> <br />No.R- <br /> <br />$ <br /> <br />United States of America <br />City of Eugene <br />Lane County, Oregon <br />General Obligation Airport Refunding Bond <br />Series 1997 <br /> <br />Interest Rate: <br />Maturity Date: <br />Certificate Date: <br />CUSIP Number: <br />Registered Owner: <br />Principal Amount: <br /> <br />% <br />1,_ <br />October 1, 1997 <br /> <br />------------------ Do llars---- <br /> <br />The City of Eugene, Oregon (the "City"), for value received, acknowledges itself <br />indebted and hereby promises to pay to the registered owner hereof: or registered assigns, the <br />principal amount indicated above on the above maturity date together with interest thereon from <br />the date hereof at the interest rate per annum indicated above, computed on the basis of a 360-day <br />year of twelve 30-day months. Interest is payable semiannually on the first day of January and the <br />first day of July in each year until maturity or prior redemption, commencing January 1, 1998. <br />Principal and interest payments shall be received by Cede & Co., as nominee of The Depository <br />Trust Company, or its registered assigns, on each payment date. Such payments shall be made <br />payable to the order of "Cede & Co." <br /> <br />This bond is one of a duly authorized series of bonds aggregating $3,910,000 in <br />principal amount designated as General Obligation Airport Refunding Bonds, Series 1997 (the <br />"Bonds"). The Bonds are issued for the purpose of refunding portions of t~e City's outstanding <br />General Obligation Airport Expansion Bonds, Series 1988. The Bonds are issued under and <br />pursuant to a Resolution of the City adopted on , 1997 (the "Resolution"), and in full <br />and strict accordance and compliance with all of the provisions of the Constitution and Statutes of <br />the State of Oregon and the Charter of the City. <br /> <br />The Bonds are issuable in the form of registered Bonds without coupons in <br />denominations of $5,000 or any integral multiple thereof. This Bond may be exchanged for an <br />equal aggregate principal amount of registered Bonds of the same maturity and of any other <br /> <br />Page 2 - Exhibit B <br /> <br />J:\RDR\EUGENE.Cfl\ADV-REF.97\RES.DOC <br />