Resolution No. 4539 - Laserfiche WebLink

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Should the book -entry-only security system be discontinued, the Bonds shall be issued in the form of registered Bonds without coupons in the denominations of $5,000 or any integral multiple thereof Such Bonds may be exchanged for Bonds of the same aggregate principal amount, but different authorized denominations, as provided in the Bond Resolution. Any transfer of this Bond must be registered, as provided in the Bond Resolution, upon the bond register kept for that purpose by the Registrar. Upon registration, a new registered Bond or Bonds, of the same series and maturity and in the same aggregate principal amount, shall be issued to the transferee as provided in the Bond Resolution. The Registrar and the Issuer may treat the person in whose name this Bond is registered as its absolute owner for all purposes, as provided in the Bond Resolution. The Bondowner may exchange or transfer this Bond only by surrendering it, together with a written instrument of exchange or transfer which is satisfactory to the Registrar and duly executed by the registered owner or their duly authorized attorney, at the principal corporate trust office of the Registrar in the manner and subject to the conditions set forth in the Bond Resolution. Unless this certificate is presented by an authorized representative of The Depository Trust Company to the issuer or its agent for registration of transfer, exchange or payment, and any certificate issued is registered in the name of Cede & Co. or such other name as requested by an authorized representative of The Depository Trust Company and any payment is made to Cede & Co., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL since the registered owner hereof, Cede & Co., has an interest herein. IT IS HEREBY CERTIFIED, RECITED, AND DECLARED that all conditions, acts, and things required to exist, to happen, and to be performed precedent to and in the issuance of this bond have existed, have happened, and have been performed in due time, form, and manner as required by the Constitution and Statutes of the State of Oregon and the Charter of the City; that the issue of which this bond is a part, and all other obligations of the City, are within every debt limitation and other limit prescribed by such Constitution, Statutes and Charter; and that the City has covenanted to levy a tax upon all taxable property within the City in an amount sufficient, with other available funds, to pay when due the interest on and the principal of the bonds. IN WITNESS WHEREOF, the City Council of the City of Eugene, Oregon, has caused this bond to be signed by facsimile signature of its Finance Officer, as of the date indicated above. City of Eugene, Lane County, Oregon Page 4 - Exhibit B J:\RDR\EUGENE.Cfl\ADV -REF.97\RES.DOC