Res85 10102 - Laserfiche WebLink

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BONO FORM. The Bonds shall be substantially in the following form: UNITED STATES OF AMERICA STATE OF CALIFORNIA COUNTY OF SAN MATEO REGISTERED REGISTERED NO. $ IMPROVEMENT BOND CITY OF REDWOOD CITY SEAPORT CENTRE ASSESSMENT DISTRICT INTEREST RATE MATURITY DATE DATED AS OF CUSIP % September 2, December 30, 1985 REGISTERED HOLDER: PRINCIPAL AMOUNT: Under and by virtue of the Improvement Bond Act of 1915, Division 10 (commencing with Section 8500) of the Streets and Highways Code (the "Act"), the City of Redwood City (the "City"), in the County of San Mateo, State of California, will, out of the redemption fund for the payment of the bonds issued upon the unpaid portion of the assessments made for the acquisition, work and improvements more fully described in proceedings taken pursuant to Resolution of Intention No. 10072, adopted by the City Council of the City on the 18th day of November 19&5, pay to the registered holder stated above, or registered assigns, on the maturity date stated above, the principal sum stated above, in lawful money of the United States of America and in like manner will pay interest from the interest payment date next preceding the date on which this bond is authenticated and registered, unless this bond is authenticated and registered as of an interest payment date, in which event it shall bear interest from such interest payment date, or unless this bond is authenticated and registered prior to March 2, 1987, in which event it shall bear interest from its date, until payment of such principal sum shall have been discharged, at the rate per annum stated above, payable commencing on March 2, 1987, and thereafter semiannually on the second day of March and September in each year. Both the principal hereof and redemption premium hereon are payable at the principal corporate trust office of Bank of America National Trust and Savings Association, San Francisco, California, or EXHIBIT "C"