Resolution No. 4482 - Laserfiche WebLink

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EXHIBIT A [FORM OF BOND] R- UNITED STATES OF AMERICA STATE OF OREGON COUNTY OF LANE CITY OF EUGENE LIMITED TAX IMPROVEMENT BOND, SERIES 1996-Q $ DATED INTEREST RATE PER ANNUM MATURITY DATE CUSIP ,1996 REGISTERED OWNER: PRINCIPAL AMOUNT: DOLLARS THE CITY OF EUGENE, in the County of Lane, State of Oregon (the "City"), for value received, acknowledges itself indebted and hereby promises to pay to the Registered Owner, or registered assigns, the above Principal Amount on the above Maturity Date, together with interest thereon from the date hereof at the rate per annum indicated above. Interest is payable semiannually on the first day of and on the first day of in each year until maturity or prior redemption, commencing 1, _' Interest upon this Bond is payable by check or draft through the principal corporate trust office of the City's paying agent and registrar (the "Paying Agent"). A check or draft will be mailed on the interest payment date (or the next business day if the interest payment date is not a business day) to the Registered Owner at the address appearing on the Bond Register as of the fifteenth day of the month prior to the interest payment date. Bond principal is payable at maturity or prior redemption upon presentation and surrender of this Bond to the Paying Agent. This Bond is one of an authorized issue of Bonds by the City entitled Limited Tax Improvement Bonds, Series 1996-Q, in the aggregate principal amount of $1,000,000 (the "Bonds"), and is issued by the City to finance local improvements pursuant to an resolution of the City, dated , _ (the "Bond Resolution") and Oregon Revised Statutes Sections 223.205 to 223.295, in full and strict accordance and compliance with all of the provisions of the Constitution and Statutes of the State of Oregon and the Charter of the City. The City reserves the right to redeem all or any portion of the Bonds maturing after 1, _, in integral multiples of $5,000, by lot, on 1, _ and on any interest payment date thereafter, at par plus accrued interest to the redemption date. Bonds maturing on 1, _ are subject to extraordinary redemption on any interest payment date on and after from assessment payments received in excess of those required for the current debt service and a prudent reserve for the next payment date as required by the City. Notice of any call for redemption, unless waived by the registered owners of the Bond or Bonds to be redeemed, shall be mailed not less than thirty days and not more than sixty days prior to such call to the Registered Owners of record of the Bonds, and otherwise given as required by the Bond Resolution and by law; however, any failure to give notice shall not invalidate the redemption of the Bonds. All Bonds called for redemption shall cease to bear interest from the date designated in the notice. The Bonds are issuable in the form of registered Bonds without coupons in the denominations of $5,000 or any integral multiple thereof. Bonds may be exchanged for Bonds of the same aggregate principal amount, but different authorized denominations. Page 1 - Exhibit A (Form of Bond) J:\HWR\ClTlES\EUGENE\L TOTAX.96\L T AXRES.OOC