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80A - JOINT - SAFA - WATER SYS BONDS
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80A - JOINT - SAFA - WATER SYS BONDS
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Last modified
7/10/2014 4:49:13 PM
Creation date
7/10/2014 4:25:56 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
80A
Date
7/15/2014
Destruction Year
2019
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EXHIBIT A <br />[FORM OF 2014 BOND] <br />No. $ <br />SANTA ANA FINANCING AUTHORITY <br />WATER REVENUE REFUNDING BOND, SERIES 2014 <br />(PAYABLE SOLELY FROM INSTALLMENT PAYMENTS <br />SECURED BY WATER SYSTEM NET REVENUES) <br />Interest Maturity Dated <br />Rate Date Date CUSIP <br />REGISTERED OWNER: Cede & Co. <br />PRINCIPAL SUM: <br />DOLLARS <br />Unless this certificate is presented by an authorized representative of The <br />Depository Trust Company, a New York Corporation ("DTC"), to the issuer or its <br />agent for registration of transfer, exchange or payment, and any certificate issued <br />is registered in the name of Cede & Co. or in such other name as is requested by <br />an authorized representative of DTC (and any payment is made to Cede & Co. or <br />to such other entity as is requested by an authorized representative of DTC), ANY <br />TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR <br />OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the <br />registered owner hereof, Cede & Co., has an interest herein. <br />The SANTA ANA FINANCING AUTHORITY, a California joint exercise of <br />powers authority, duly organized and validly existing under and pursuant to the laws of the State <br />of California (the "Authority "), for value received, hereby promises to pay (but only out of the <br />Revenues hereinafter referred to) to the registered owner specified above or registered assigns on <br />the maturity date specified above (subject to any right of prior redemption provided for) the <br />principal sum specified above, together with interest thereon from the interest payment date next <br />preceding the date of authentication hereof (unless such date of authentication is during the <br />period commencing after the fifteenth day preceding an interest payment date (the "Record <br />Date ") through and including the next succeeding interest payment date, in which event this <br />Bond shall bear interest from such interest payment date, or unless such date of authentication is <br />on or before the first Record Date, in which event it shall bear interest from , 2014) <br />until the principal hereof shall have been paid at the interest rate per annum specified above, <br />payable on March 1, 2015 and semiannually thereafter on September I and March 1 in each <br />year; provided, however, that if on the date of authentication of this Bond, interest is then in <br />default on this Bond, such Bond shall bear interest from the interest payment date to which <br />interest has previously been paid or made available for payment. <br />55394.00011 \8754149.4 80�, =1 16 <br />
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