HomeMy WebLinkAbout0136_0035promptly will appoint a competent and legally qualified substi-
tute therefor, and promptly will cause written notice thereof
to be mailed to the registered owners of the Bonds
IT IS HEREBY certified, recited, and covenanted that this
Bond has been duly and validly voted, authorized, issued, sold,
and delivered, that all acts, conditions, and things required
or proper to be performed, exist, and be done precedent to or
in the authorization, issuance, and delivery of this Bond have
been performed, existed, and been done in accordance with law,
that this Bond is a special obligation; and that the interest
on and principal of this Bond, together with other revenue
bonds of the Issuer, are payable from, and secured by a first
lien on and pledge of the Net Revenues of the Issuer's Utility
System, being the Issuer's combined Waterworks, Sewer and
Electric Light System, including all additions, extensions and
improvements thereto which may hereafter be made.
SAID ISSUER has reserved the right, subject to the
restrictions stated, and adopted by reference, in the Ordinance
authorizing this Series of Bonds, to issue additional parity
revenue bonds which also may be made payable from, and secured
by a lien on and pledge of the Net Revenues of the Issuer's
Utility System in the same manner and to the same extent as
this series of Bonds
THE HOLDER HEREOF shall never have the right to demand
payment of this obligation out of any funds raised or to be
raised by taxation
BY BECOMING the registered owner of this Bond, the regis-
tered owner thereby acknowledges all of the terms and provi-
sions of the Bond Ordinance, agrees to be bound by such terms
and provisions, acknowledges that the Bond Ordinance is duly
recorded and available for inspection in the official minutes
and records of the governing body of the Issuer, and agrees
that the terms and provisions of this Bond and the Bond Ordi-
nance constitute a contract between each registered owner
hereof and the Issuer.
IN WITNESS WHEREOF, the Issuer has caused this Bond to be
signed with the facsimile signature of the Mayor of the Issuer
and countersigned with the facsimile signature of the City
Secretary of the Issuer, and has caused the official seal of
the Issuer to be duly impressed, or placed in facsimile, on
this Bond
(facsimile signature) (facsimile signature)
City Secretary Mayor
(CITY SEAL)
FORM OF PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE
PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE
It is hereby cert.Lfied that this Bond has been issued
under the provisions of the Bond Ordinance described on the
face of this Bond, and that this Bond has been issued in
conversion of and exchange for or replacement of a bond, bonds,
or a portion of a bond or bonds of an issue which originally
was approved by the Attorney General of the State of Texas and
registered by the Comptroller of Public Accounts of the State
of Texas
Dated Paying Agent/Registrar
By
Authorized Representative
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