AG 2006 08 21 - Laserfiche WebLink

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a business day) of the calendar month next preceding such interest payment date, by check mailed to such person at his address as it appears on the bond registration books of said County. Both the principal of and the interest on this Bond shall be paid in any coin or currency of the United States of America that is legal tender for the payment of public and private debts on the respective dates of payment thereof. For the prompt payment hereof, both principal and interest as the same shall become due, the faith and credit of said County of Cabarrus are hereby irrevocably pledged. [Printed Bonds are to include the following paragraph] ADDITIONAL PROVISIONS OF THIS BOND ARE SET FORTH ON THE REVERSE HEREOF AND SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH HERE. [Reverse Side of Printed Bonds] This Bond is one of an issue of Bonds designated "Public Improvement Bonds, Series 2006" (the "Bonds") and issued by the County for the purpose of providing funds, with any other available funds, for the acquisition, construction, renovation and equipping of certain of the County's school facilities in said County. This Bond is issued under and pursuant to The Local Goverrunent Bond Act, as amended, Article 7, as amended, of Chapter 159 of the General Statutes of North Carolina, a bond order adopted by the Board for said County which has taken effect as provided by law, and a resolution duly passed by said Board (the "Resolution"). The Bonds maturing prior to March 1, 2017 are not subject to redemption prior to maturity. The Bonds maturing on March 1,2017 and thereafter may be redeemed, at the option of said County, from any moneys that may be made available for such purpose, either in whole or in part on any date not earlier than March 1, 2016, at a redemption price equal to 100% of the 9 F-5