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principal thereof, (ii) may be assigned and transferred, (iii)
may be converted and exchanged for other Bonds, -(iv) shall have
the characteristics, and (v) shall be signed and sealed, and
the principal of and interest on the Initial Bond shall be
payable, all as provided, and in the manner required or indi-
cated, in the FORM OF INITIAL BOND set forth in this Ordinance.
Section 4. INTEREST. The unpaid principal balance of the
Initial Bond shall bear interest from the date of the Initial
Bond to the respective scheduled due dates, or to the respec-
tive dates of prepayment or redemption, of the installments of
principal of the ;Initial Bond,, and said interest shall be
payable, all in the manner provided and at the rates and on the
Nates stated in the FORM OF INITIAL BOND set forth in this
j Ordinance.- xI
Section S. FORM OF INITIAL BOND. The form of the Initial
Bond,• including the form of Registration Certificate of the
Comptroller of Public Accounts of the State of Texas to be
endorsed on the Initial Bond, shall be, substantially as fol-
lows:
NO. R-1
FORM OF INITIAL BOND
UNITED STATES OF AMERICA
STATE OF TEXAS
COUNTY OF WILLIAMSON E
CITY OF GEORGETOWN, TEXAS
GENERAL OBLIGATION BOND
'SERIES 1984
$1,785,000
THE CITY OF GEORGETOWN, in Williamson County (the
"Issuer"), being a political subdivision of the -State of Texas,
hereby promises to pay to s
Prudential Bache Securities, Ince
or to the registered assignee or assignees of this Bond or any
portion or•portions hereof (in each case, the "registered
owner") the aggregate principal amount of
.ONE MILLION SEVEN HUNDRED EIGHTY FIVE THOUSAND DOLLARS
in annual installments of principal due and payable on August 1
in each -of the 'years, and in the respective principal amounts,
as set forth in the following schedule:
YEAR
AMOUNT
YEAR
AMOUNT
1986
$15,000
1994
$100,000
1987
2u,000
1995
115,000
1988
20,000
1996
170,000
1989
20,000
-1997
=185;000
1990
25,000
1998
200,000
1991
50,000
1999
220,000
1992
60,000
2000
240,000
1993
90,000
2001°
255,000
and to pay -interest, from the
stated, on -the balance of each
respectively, from time to time
as follows:
2
date -of this Bond hereinafter
such installment of principal,
remaining unpaid, at the rates
I