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06 rate of interest to be determined by the rate named by the bid which is accepted by the Finance Committee and approved by the Council. II. That said bonds and the coupons thereto attached shall be substantially of the following form and tenor, except bond No. 1 which shall be in the denomina- tion of Seven Hundred Thirty Five Dollars ($735.00) and the coupons which will be attached thereto. - FORM OF BOND - UNITED STATE OF AMERICA STATE OF VIRGINIA CITY OF CHARLOTTESVILLE SCHOOL IMPROVEMENT BOND - SFRIES OF 1938 No. $1000.00 The City of Charlottesville promises to pay to bearer ONE THOUSAND DOLLARS in lawful money of the United States on the day of , 19_, , on the surrender of this bond, with interest at the rate of per annum, payable semi-annually on the first day of and in each year, on presentation of the coupons hereto attached, both principal and interest to be payable at the office of the Treasurer of the City of Charlottesville, in Charlottesville, Virginia. This bond is one of an issue of Three Hundred Thirty Nine Thousand, Seven Hundred Thirty Five (°$339,735.00) Dollars, issued by the City of Charlottesville for the purpose of erecting, and improving school buildings in said City. This bond is issued by the City of Charlottesville under and by virtue of, and in full conformity with and pursuant to an ordinance of the City of Charlottesville adopted August 19th, 1938, and spread in Ordinance Book 2, p. 204-5 and approved by the voters of the City at a Special Election held for that purpose on September 20th, 1938, in accordance with the Charter of the City of Charlottesville, and the Laws of the State of Virginia, and the full faith and credit of the City are pledged for the payment of the principal and interest hereof. It is hereby certified that all the requirements of law have been fully complied with by the proper officers in issuin.- this bond, and that the total amount of this bond and of the issue of which it forms a part does not exceed the debt limit prescribed by the Constitution or Statutes , of the State of Virginia. This bond is exempt from taxation by the City, and the coupons hereto attached are receivable at and after maturity in payment of all taxes, debts or demands due the City. IN t'IITNESS WHEREOF the City of Charlottesville has caused its seal to be hereunto affixed, and the Mayor, Clerk of the Council, and Treasurer, have hereunto subscribed their names this day of 1935. Mayor of the City of Charlottesville Clerk of the Council of the City of Charlottesville Treasurer of the City of Charlottes- ville. - FORM OF COUPON - No. w The City of Charlottesville, Virginia, will pay on the day of , 19 , to the bearer hereof, at the office of the City Treasurer being the semi-annual installment of interest on its School Improvement Bond dated , 1938, and numbered This coupon is receivable at and after maturity for all taxes, debts or demands due the City of Charlottesville. City Treasurer The blanks in the above form of bond and coupon shall be filled in with the respective numbers, dates and amounts as set forth and provided for in Paragraph I of this ordinance. III. That the said bonds shall have the said Corporate Seal of the City of Charlottesville, Virginia, affixed thereto, and shall be signed by the Mayor, the Clerk of the C_,uncil, and the Treasurer of said City, and the coupons shall be authenticated by the lithographed facsimile of the signature of the City Treasurer which is hereby declared to be in all respects the equivalent to the manual signing thereof by said Treasurer.