|
<br />
<br />
<br />
<br />
<br />
<br /> maturity 1994, 6. maturity 2004, Nz%
<br /> maturity 1995, •m b% maturity 2005, , 5"B%
<br /> maturity 1996, maturity 2006, LL2Z%
<br /> maturity 1997, ,o o% maturity 2007~1010
<br /> maturity 1998, vv% maturity 2008, L_a o %
<br /> maturity 1999, :v► % maturity 2009, S. u n°Jo
<br /> maturity 2000, maturity 2010, . v o%
<br /> maturity 2001, maturity 2011, . v b%
<br /> maturity 2002, 9,-7,. % maturity 2012, S+►a%
<br /> maturity 2003,'- , Sv % maturity 2013, S,0a°1o
<br />
<br /> with said interest being payable on December 15, 1994, and semiannually on each June 15
<br /> and December 15 thereafter while this Certificate of Obligation or any portion hereof is
<br /> outstanding and unpaid.
<br />
<br /> THE INSTALI.MENTS OF PRINCIPAL OF AND THE INTEREST ON this
<br /> Certificate of Obligation are payable in lawful money of the United States of America,
<br /> without exchange or collection charges. The installments of the principal of and the interest
<br /> on this Certificate of Obligation are payable to the registered owner hereof through the
<br /> services of NationsBank of Texas, N.A., Dallas, Texas, which is the "Paying Agent/Registrar"
<br /> for this Certificate of Obligation. Payment of all principal of and interest on this Certificate
<br /> of Obligation shall be made by the Paying Agent/Registrar to the registered owner hereof
<br /> on each principal and/or interest payment date by check or draft, dated as of such date,
<br /> drawn by the Paying Agent/Registrar on, and payable solely from, funds of the Issuer
<br /> required by the order authorizing the issuance of this Certificate of Obligation (the
<br /> "Certificate of Obligation Ordinance") to be on deposit with the Paying Agent/Registrar for
<br /> such purpose as hereinafter provided; and such check or draft shall be sent by the Paying
<br /> Agent/Registrar by United States mail, first class postage prepaid, on each such principal
<br /> and/or interest payment date, to the registered owner hereof, at the address of the registered
<br /> owner, as it appeared on the last business day of the month next preceding each such date
<br /> (the "Record Date") on the Registration Books kept by the Paying Agent/Registrar, as
<br /> hereinafter descnbed, or by such other method acceptable to the Paying Agent/Registrar,
<br /> requested by, and at the risk and expense of the registered owner. The Issuer covenants
<br /> with the registered owner of this CertiScate of Obligation that on or before each principal
<br /> and/or interest payment date for this Certificate of Obligation it will make available to the
<br /> Paying Agent/Registrar, from the "Interest and Sinking Fund" created by the Certificate of
<br /> Obligation Ordinance, the amounts required to provide for the payment, in immediately
<br /> available funds, of all principal of and interest on this Certificate of Obligation, when due.
<br />
<br /> IF THE DATE for the payment of the principal of or interest on this Certificate of
<br /> Obligation shall be a Saturday, Sunday, a legal holiday, or a day on which banking
<br /> institutions in the city where the Paying Agent/Registrar is located are authorized by law or
<br /> executive order to close, then the date for such payment shall be the next succeeding day
<br /> which is not such a Saturday, Sunday, legal holiday, or day on which banking institutions are
<br />
<br /> 5
<br />
|