Orange County NC Website
/~l <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) Bond, Series 2005 <br />INTEREST <br />RATE MATURITY <br />DATE <br />DATED DATE <br />CUSIP <br /> June 1, September 1, 2005 684 609 XXX <br />REGISTERED OWNER: *****CEDE & CO.***** <br />PRINCIPAL AMOUNT: **** THOUSAND DOLLARS <br />($ ,000)*** <br />ORANGE COUNTY, NORTH CAROLINA (t/ie "County"), for value <br />received, promises to pay to the registered owner hereof, or registered assigns or <br />legal representative, the principal amount stated above on the maturity date stated <br />above, subject to prior redemption as described herein, and to pay interest on this <br />Bond semiannually on each 1 and 1, beginning , at the annual <br />rate stated above. Interest is payable (a) from September 1, 2005, if this Bond is <br />authenticated prior to , or (b) otherwise from the 1 or 1 that is, <br />or immediately precedes, the date on which this Bond is authenticated (unless <br />payment of interest hereon is in default, in which case this Bond will bear interest <br />from the date to which interest has been paid). Principal, premium, if any, and <br />interest are payable in lawful money of the United States of America. <br />This Bond is one of an issue of the County's [$_] General <br />Obligation [Public Improvement] Bonds, Series 200.5 (the "Bonds"), of like date <br />and tenor, except as to number, denomination, rate of interest, privilege of <br />redemption and maturity. The Bonds are issued pursuant to a resolution adopted by <br />such Board on June 23, 200.5, and the Constitution and laws of the State of North <br />Carolina, including the Local Government Bond Act. <br />