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<br />[Form of BondJ <br /> <br />* <br /> <br />Insert only if bonds are delivered pursuant to Section 9(a)(3) of this ordinance. <br />Insert only if bonds are initially delivered to the Depository Trust Company pursuant <br />to Section 9( a) of this ordinance. <br /> <br />** <br /> <br />No. R- <br />- <br /> <br />UNITED STATES OF AMERICA <br />STATE OF COLORADO <br />COUNTY OF BOULDER <br /> <br />CITY OF LOUISVILLE <br />GENERAL OBUGATION BOND <br />SERIES 1992 <br /> <br />INTEREST RATE <br /> <br />MATURITY DATE <br /> <br />DATED DATE <br />September 15, 1992 <br /> <br />CUSIP <br /> <br />REGISTERED OWNER: CEDE & CO. <br /> <br />PRINCIPAL AMOUNT: <br /> <br />On the faith, credit and behalf of the City of Louisville, in the County of <br />Boulder and State of Colorado, a municipal corporation duly organized and operating under <br />the constitution and laws of the State of Colorado, for value received, the City hereby <br />acknowledges said City indebted and promises to pay to the registered owner named above, <br />or registered assigns, on the Maturity Date specified above, the principal amount specified <br />above (unless called for earlier redemption) and interest thereon payable on May 1 and <br />November 1 in each year commencing on May 1, 1993 at the Interest Rate per annum <br />specified above, until the Principal Amount is paid or payment has been provided therefor. <br />This bond will bear interest payable to the Registered Owner at the Interest Rate specified <br />above from the most recent interest payment date to which interest has been paid or <br />provided for, or, if no interest has been paid, from the date of this bond. The principal of <br /> <br />-11- <br />