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<br />{ '. r. <br />4' '-~ <br /> <br />MONDAY <br /> <br />JANUARY 28, 1985 <br /> <br />,,- <br /> <br />9. The Director of Finance of the City is appointed as Bond Registrar to <br />maintain books for the registration and transfer of the Bonds. Upon <br />surrender for transfer or exchange of any Bond at the office of the <br />Bond Registrar, the City shall execute and the Bond Registrar shall <br />authenticate and deliver in the name of the transferee a new Bond in <br />the same principal amount as the Bond being transferred, subject in <br />each case to such reasonable regulations as the City or the Bond Regis- <br />trar may prescribe. All Bonds presented for transfer, exchange, redemp- <br />tion or payment shall be accompanied by a written instrument or instru- <br />ments of transfer or authorization for exchange, in form and substance <br />reasonably satisfactory to the City and the Bond Registrar, duly executed <br />by the registered owner or by his or her duly authorized attorney-in-fact <br />or legal representative. No Bond may be registered to bearer. <br /> <br />_. <br /> <br />10. Any other action taken by the officers and agents of the City in connec- <br />tion with the transactions described above is hereby approved, ratified <br />and confirmed. <br /> <br />11. The Clerk of the Council is hereby authorized and directed to immediately <br />cause a certified copy of this Ordinance setting forth the form and <br />details of the Bonds, to be filed with the Circuit Court of the City pur- <br />suant to Sections 15.1-199 and 15.1-212 of the Code of Virginia of 1950, <br />as amended. <br /> <br />12. This Ordinance shall take effect immediately. <br /> <br />EXHIBIT A <br /> <br />UNITED STATES OF AMERICA <br />COMMONWEALTH OF VIRGINIA <br /> <br />CITY OF MARTINSVILLE <br /> <br />No. R- <br /> <br />$ <br /> <br />General Obligation Bond <br />Series of 1985 <br /> <br />.- <br /> <br />MATURITY DATE <br /> <br />INTEREST RATE <br /> <br />March 1, <br /> <br />8.5/0 <br /> <br />REGISTERED OWNER <br /> <br />PRINCIPAL AMOUNT <br /> <br />THE CITY OF MARTINSVILLE, VIRGINIA (the "City"), for value received, here- <br />by acknowledges itself indebted and promises to pay to the registered owner here- <br />of or legal representative, the principal amount stated above on the maturity <br />date set forth above, and interest on the principal amount of this Bond, payable <br />annually on each March 1, commencing on March 1, 1986, at the rate of interest per <br />annum set forth above, all subject to prior redemption of this Bond as provided <br />herein. This Bond shall bear interest (a) from March 1, 1985, if this Bond is <br />