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<br />(Form of Bond) <br />UNITED STATES OF AMERICA <br /> <br />STATE OF COLORADO <br /> <br />COUNTY OF BOULDER <br /> <br />CITY OF LOUISVILLE <br />GENERAL OBLIGATION REFUNDING WATER BOND <br /> <br />No. <br /> <br />$5,000 <br /> <br />The City of Louisville, in the County of Boulder and <br /> <br /> <br />State of Colorado (herein the "City"), for value received, <br /> <br /> <br />hereby acknowledges itself indebted and promises to pay to <br /> <br /> <br />the bearer hereof the principal sum of <br /> <br /> <br />FIVE THOUSAND DOLLARS <br /> <br />in lawf~l money of the United States of America, on the <br /> <br /> <br />1st day of September, 19 , with interest thereon at the <br /> <br /> <br />rate of six and fifty hundredths per centum (6.50%) per <br /> <br /> <br />annum, payable March 1, 1977, and semiannually thereafter <br /> <br /> <br />on the 1st day of Sepbember and the 1st day of March each <br /> <br /> <br />year, as evidenced by interest coupons hereto attached, <br /> <br /> <br />principal of and interest on this bond being payable at <br /> <br /> <br />the office of the City Treasurer, in Louisville, Colorado, <br /> <br /> <br />upon presentation of said coupons and this bond as they <br /> <br /> <br />severally become due. <br /> <br />Bonds of this issue maturing on and after September 1 <br /> <br /> <br />1988 are redeemable at the option of the City on September 1, <br /> <br /> <br />1987 and on any interest payment date thereafter, in inverse <br /> <br /> <br />numerical order, upon payment of par and accrued interest. <br /> <br />Notice of prior redemption shall be given as provided in the <br /> <br /> <br />Ordinance authorizing this bond. <br /> <br /> <br />This bond is issued by the City Council of the City <br /> <br /> <br />of Louisville, Colorado, for the purpose of providing funds <br /> <br /> <br />to refund valid and outstanding General Obligation Water <br /> <br />-7- <br />