Orange County NC Website
9 <br /> EXHIBIT A—Form of Bonds <br /> REGISTERED REGISTERED <br /> Number R-X <br /> UNITED STATES OF AMERICA <br /> STATE OF NORTH CAROLINA <br /> ORANGE COUNTY <br /> General Obligation [Public Improvement/Refunding] Bond, Series 2001 <br /> INTEREST MATURITY DATED DATE CUSH, <br /> RATE DATE <br /> % February 1, August 1, 2001 684 609 XXX <br /> REGISTER-ED OWNER: *****CEDE & CO.***** <br /> PRINCIPAL AMOUNT: THOUSAND DOLLARS <br /> ($—1000)*** <br /> ORANGE COUNTY, NORTH CAROLINA (the "County'),, for value <br /> received, promises to pay to the registered owner hereof, or registered assigns or legal <br /> representative, the principal amount stated above on the maturity date stated above, <br /> subject to prior redemption as described herein, and to pay interest on this Bond <br /> semiannually on each February 1 and August 1, beginning February 1, 2002, at the <br /> annual rate stated above. Interest is payable (a) from August 1, 2001, if this Bond is <br /> authenticated prior to February 1, 2002, or (b) otherwise from the February I or <br /> August 1 that is, or immediately precedes, the date on which this Bond is <br /> authenticated (unless payment,of interest hereon is in default, in which case this Bond <br /> will bear interest from the date to which interest has been paid). Principal, premium, if <br /> any, and interest are payable in lawful money of the United States of America. <br /> This Bond is one of an issue of the County's $xxxxxxx General Obligation <br /> [Public hnprovement/Reftmding] Bonds, Series 2001 (the "Bonds"), of like date and <br /> tenor, except as to number, [denomination,] rate of interest, privilege of redemption <br /> and maturity. The Bonds are issued pursuant to a resolution adopted by such Board on <br /> June 25, 2001, and the Constitution and laws of the State of North Carolina, including <br /> the Local Government Bond Act. <br />