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411 . <br /> This Bond is issued by the City Council of the City of <br /> Louisville, Colorado, for the purpose of supplying water to the <br /> City and its inhabitants, by extending and iscproving the existing <br /> waterworks system of the City, under the authority of and in full <br /> conformity with the Constitution of the State of Colorado, the <br /> provisions of Title 31, Article 15, Part 3, Colorado Revised <br /> Statutes 1973, as ascended, and all other laws thereunto enabling, <br /> and pursuant to an Ordinance of the City duly adopted, published <br /> and made a law of the City prior to the issuance of this Bond. <br /> It is hereby certified and recited that all the require- <br /> ments of law have been fully complied with by the proper officers <br /> of the City in the issuance of this Bond; that the total debt of <br /> the City, including that of this Bond, does not exceed any limit <br /> of indebtedness prescribed by the Constitution or Laws of the <br /> State of Colorado, and that provision has been made for the levy <br /> and collection of a general ad valorem tax on all the taxable <br /> property in said City, sufficient to pay the interest on and the <br /> principal of this Bond when the sane become due and payable . <br /> The full faith and credit of the City of Louisville, <br /> Colorado, are hereby pledged for the punctual payment of the <br /> principal of and the interest on this Bond. <br /> This Bond may be registered in the name of the holder <br /> thereof in conformity with the provisions endorsed hereon and <br /> subject to the terms and conditions set forth in the Ordinance <br /> authorizing its issuance, and unless so registered, this Bond <br /> shall be transferable by delivery. This Bond nay be registered as <br /> to both principal and interest, but not as to principal only or to <br /> interest only; and if this Bond be registered as to both principal <br /> and interest, it may be reconverted into a coupon bond in accord- <br /> ance with the provisions endorsed hereof.- and subject to the <br /> provisions set forth in said Ordinance. <br /> IN ^TESTIMONY WHEREOF, the City Council of the City <br /> of Louisville, Colorado, has caused this Hord to be signed with <br /> the facsimile signature of the :tayor, sealed with a facsi-ile of <br /> - 8 - <br />