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(Form of Series 2024B Bond) <br /> REGISTERED REGISTERED <br /> No. $ <br /> UNITED STATES OF AMERICA <br /> STATE OF ARKANSAS <br /> COUNTY OF INDEPENDENCE <br /> CITY OF BATESVILLE <br /> SALES AND USE TAX BOND <br /> IMPROVEMENT SERIES 2024B <br /> Interest Rate: % Maturity Date: February 1, <br /> Dated Date: February 23, 2024 <br /> Registered Owner: Cede & Co. <br /> Principal Amount: Dollars <br /> CUSIP No.: <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> That the City of Batesville,County of Independence, State of Arkansas(the"City"), <br /> for value received, hereby promises to pay to the Registered Owner shown above upon the <br /> presentation and surrender hereof at the principal corporate trust office of The Citizens Bank, <br /> Batesville, Arkansas;or its successor or successors, as Trustee and Paying Agent (the "Trustee"), <br /> on the Maturity Date shown above, the Principal Amount shown above, in such coin or currency <br /> of the United States of America as at the time of payment shall be legal tender for the payment of <br /> public and private debts and to pay by check or draft to the Registered Owner shown above interest <br /> thereon, in like coin or currency from the interest commencement date described below at the <br /> Interest Rate per annum shown above, payable on August 1, 2024 and on each February 1 and <br /> August 1 thereafter, until payment of such Principal Amount or, if this bond or a portion hereof <br /> shall be duly called for redemption, until the date fixed for redemption, and to pay interest on <br /> overdue principal and interest (to the extent legally .enforceable) at the rate borne by this bond. <br /> Payment of each installment of interest shall be made to the person in whose name this bond is <br /> registered on the registration books of the City maintained by the Trustee at the close of business' <br /> on the fifteenth day of the month (whether or not a business day) next preceding each interest <br /> payment date(the "Record Date"),irrespective of any transfer or exchange of this bond subsequent <br /> to such Record Date and prior to such interest payment date. <br /> Unless this bond is presented by an authorized representative of The Depository <br /> Trust Company, a New York corporation ("DTC"), to the Trustee for registration of transfer, <br /> exchange or payment, and any certificate issued is registered in the name of Cede& Co. or in such <br /> other name as is requested by an authorized representative of DTC (and any payment is made to <br /> Cede & Co. or to such other entity as is required by an authorized representative of DTC), ANY <br /> TRANSFER,PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO <br /> 12 <br />