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the Note, and the actions of~the.~ayor~, the City Manager and other officials
<br /> of the City are approved, ratified and-confirmed.
<br />
<br /> 4. The. Note shalI be dated as of February 1, 1984; shall mature and
<br /> become due and payable on F. ebruary l, t985; shall be numbered No. R-I; an-d
<br /> shall be issued as a single fully registered note in the denomination of
<br />-$3,000,000.
<br />
<br /> The principal of the Note shall be payabl~e upon surrender thereof at
<br /> the office of the City Treasurer of the City ~n Charlottesville, Virginia.
<br />
<br /> The Note shall bear interest from its date at the rate of five and
<br />ninety-four hundredths per centum (5.94%) per annum (computed on the basis
<br />of a 360-day year Of twelve 30-day months). Such interest shall be payable-
<br />semiannually on August 1, 1984 and Februaryil, 1985 by a check or draft
<br />mailed to, or by any.other manner mutually satisfactory to the City and, the
<br />person in whose name the Note is registered on the registration records of
<br />the City maintained by the City Treasurer.
<br />
<br /> The Note shall be subject to redemption, at the option of the City, at
<br />any time on or after August 1, 1984, at a redemption price equal to the
<br />principal amount of theNote, together with accrued interest thereon to the
<br />date fixed for redemption. Notice of any such redemption shall be mailed to
<br />the person in whose name the Note is registered on the above-mentioned
<br />registration records of the City not less than 30 days prior to the date so
<br />fixed for redemption.
<br />
<br /> The Note is transferable only upon the registration records of the City
<br />kept for that purpose at the office of its City Treasurer by the person in
<br />whose name the Note ~s registered or by his or her attorney duly aut~horized
<br />in writing, upon surrender thereof toge. ther with a written instrument of
<br />
<br />transfer sati~Sfactory to the Ci
<br />authorized attorney, and thereu'
<br />transferee a new fully register
<br />amount and designation, maturit
<br />the costs of any transfer taxes
<br />The City may treat and consider
<br />as the absolute owner thereof f,
<br />account of, the principal there~
<br />purposes Whatsoever.
<br />
<br />5. The Note Shall be in s~
<br />
<br />(F(
<br />
<br />ty duly executed by such person or suc~ duly
<br />9on the City shall ~ssue in the name of the
<br />~d Note of the same aggregate principal
<br /> and interest rate and upon the payment of
<br />or other governmental charges relating thereto.
<br />the person in whose name the Note is registered
<br />~r the purpose of receiving payment of, or on
<br />~f and interest thereon, and for all other
<br />
<br />bstantially the following form, to wit:
<br />~RM OF NOTE)
<br />
<br />U~
<br />
<br />G]
<br />
<br />No. R-1
<br />
<br /> The City of Charlottes
<br />of Virginia ~the "City"):, f
<br />and hereby promises to pay
<br />on February 1, 198S unless
<br />redemption and payment of t
<br />provided for, upon presenta
<br />Million Dollars ($3,000,000
<br />(computed on the basis of a
<br />rate of five and ninety-fou
<br />on August 1, 1984 and Febru~
<br />United States of America as
<br />public and private debts.
<br />the office of the City Trea
<br />Virginia. The interest on
<br />mailed to, or b~ any other
<br />person in whose name this
<br />the City maintained by the
<br />
<br />;TATES OF AMERICA
<br />iALTH OF VIRGINIA
<br /> CHARLOTT:ESVILLE
<br />IMPROVEMENT BOND
<br />CIPATION NOTE
<br />
<br />$3,000,000
<br />
<br />, a municipal corporation of the Commonwealth
<br />lue received, acknowledges itself indebted
<br />ired Virginia Bank, or ~egistered assigns,
<br />note shall have been duly called for previous
<br />demption price shall have been made or
<br />and surrender hereof, the sum of Three
<br /> to .pay interest hereon from the date hereof
<br /> year of twelve 30-day months) at the
<br /> per centum (5.94%) per annum, payable
<br /> 1985, in. such.coin or currency of the
<br /> date.of payment thereof is legal tender for
<br /> ~al of this note shall be payable at
<br /> of the City, in the City of Charlottesville,
<br /> 'shall be payable by a check or draft
<br /> mutually sat%sfactory to the City and, the
<br /> registered on the registration records of
<br /> reasurer.
<br />
<br /> This note is 'to be sub
<br />any time on or after AUgust'
<br />principal amount hereof,
<br />fixed for redemption. No
<br />person in whose name this
<br />records of the City not les
<br />redemption.
<br />
<br />;o redemption, at the option of the City, at
<br />)84, .at a redemption price equal to the
<br /> with accrued interest hereon to the date
<br /> such redemption shall be mailed to the
<br /> registered on the above-mentioned registration
<br /> 30 days prior to the date so fixed for
<br />
<br /> This note is transfera
<br />kept for that purpose at th
<br />whose name this note is reg
<br />in writing, upon surrender
<br />transfer satisfactory to th,
<br />authorized attorney, and th~
<br />transferee a new.fully regi:
<br />and designation, maturity an
<br />of any transfer taxes or otb
<br />City may treat and consider
<br />as' the absolute owner hereof
<br />account of, the principal he
<br />purposes whatsoever.
<br />
<br />ly upon the registration records of the City
<br />ce o.f its City Treasurer by the oerson in
<br />d or by his or her attorney duly authorized
<br /> together with a written instrument of
<br /> .y executed by such person or such duly
<br />~e City shall issue in the name of the
<br />note of the same aggregate principal amount
<br />erest rate and upon the.payment of the costs
<br />vernmental charges relating thereto. The
<br />ersen in whose name this note is registered
<br />the purpose of receiving payment of, or on
<br />and interest hereon, and for all other
<br />
<br />This note is one of an
<br />($3,000,000) .in principal am
<br />a like pzincipal~amount of
<br />purpose of providing funds
<br />
<br /> of notes aggregating three million dollars
<br />issued in anticiPation~0f the issuance of
<br /> bl~gat~on Bonds by the .City for the
<br /> the cost of.public school improvements of
<br />
<br />
<br />
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