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FIN 2021-04-26 Item 1B - Ordinance - Issue Debt for General Fund Portion of Public Safety Plan: Public Works Shops Project
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2021-04-26 Finance and Governance
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FIN 2021-04-26 Item 1B - Ordinance - Issue Debt for General Fund Portion of Public Safety Plan: Public Works Shops Project
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5/3/2021 4:42:04 PM
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Council Committees
Committees Date (mm/dd/yy)
04/26/21
Committee Name
Finance and Governance 2021-Present
Record Type
Agenda Packet
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Exhibit A <br />Form of Bond <br />[TRANSFER RESTRICTIONS] <br />UNITED STATES OF AMERICA <br />NO. R-1 $ <br />STATE OF WASHINGTON <br />CITY OF TUKWILA <br />LIMITED TAX GENERAL OBLIGATION [AND] [REFUNDING] BOND, 2021 <br />[(TAXABLE)] <br />INTEREST RATE: <br />MATURITY DATE: <br />REGISTERED OWNER: <br />PRINCIPAL AMOUNT: <br />The City of Tukwila, Washington, a municipal corporation organized and existing <br />under and by virtue of the laws of the State of Washington (the "City"), hereby <br />acknowledges itself to owe and for value received promises to pay to the Registered <br />Owner identified above, on or before the Maturity Date identified above, the Principal <br />Amount identified above and to pay interest thereon from the date of delivery, or the <br />most recent date to which interest has been paid or duly provided for, at the Interest <br />Rate set forth above (the "Interest Rate"). Interest on this bond shall accrue from its <br />dated date until paid and shall be computed per annum on the principal amount <br />outstanding on a 30/360 basis. Principal of and accrued interest on this bond shall be <br />payable on the dates set forth in the payment scheduled attached hereto. <br />Both principal of and interest on this bond shall be payable in lawful money of the <br />United States of America. Principal and interest on this bond shall be payable by check <br />or warrant or by other means mutually acceptable to the Registered Owner and the City. <br />Upon final payment of principal and interest of this bond, the Registered Owner shall <br />surrender this bond for cancellation at the office of the Bond Registrar in accordance <br />with Ordinance No. of the City (the "Bond Ordinance"). <br />This bond is issued pursuant to the Bond Ordinance to provide funds [to finance <br />and/or reimburse the City for costs of acquiring, improving, developing and equipping <br />certain capital improvements to the City's public works facilities] [to refund certain <br />outstanding general obligations bonds of the City] and to pay costs of issuance. <br />Capitalized terms used in this bond have the meanings given such terms in the Bond <br />Ordinance. <br />[Prepayment provisions] <br />This bond [has/has not] been designated by the City as a "qualified tax-exempt <br />obligation" within the meaning of Section 265(b) of the Internal Revenue Code of 1986, <br />as amended. <br />A-1 <br />43 <br />
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