Res85 10070 - Laserfiche WebLink

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BOND FORM. The Series B 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 BOULEVARD ASSESSMENT DISTRICT SERIES B DATED AS OF CUSIP INTEREST RATE MATURITY DATE REGISTERED OWNER: PRINCIPAL SUM: Under and by virtue of the Improvement Bond Act of 1915, Division 10 of the Streets and Highways Code, the City of Redwood City (the "City"), in the County of San Mateo, State of California, will, on the maturity date specified above, out of the redemption fund for the payment of the bonds issued upon the assessments made for the acquisitions, work and improvements more fully described in the proceedings taken under and pursuant to resolution of intention No. 9795, passed by the City Council of the City on the 4th day of February, 1985, pay to the registered owner specified above, or registered assigns, the principal sum specified above, in lawful money of the United States of America and in like manner to pay interest thereon at the rate per annum specified above from the interest payment date next preceding the date of authentication and registration of this bond, unless authenticated and registered on an interest payment date, in which event from such interest payment date, or, unless this bond is authenticated and registered prior to January 2, 1987, in which event from its date, payable commencing on January 2, 1987, and thereafter semiannually on the second day of January and July in each year. The principal of this bond and any redemption premium are payable at the Corporate Agency Service Center of Bank of America National Trust and Savings Association, San Francisco, California, or its successor, as Registrar, Transfer Agent and paying Agent (the "Agent"), upon surrender of this bond at said office of the Agent. EXHIBIT "B"