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2008-11-01
CITY-OF-BATESVILLE
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2008-11-01
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• EXHIBIT B <br /> Form of Bond After Completion Date <br /> No. R- $ <br /> UNITED STATES OF AMERICA <br /> STATE OF ARKANSAS <br /> CITY OF BATESVILLE,ARKANSAS <br /> TAXABLE INDUSTRIAL DEVELOPMENT REVENUE BOND <br /> (SCROLL COMPRESSORS LLC PROJECT) <br /> SERIES 2008 <br /> Date of Bond: December 2008 Maturity Date: December 1, 2038 <br /> Interest Rate: %per annum <br /> Registered Owner: <br /> Principal Amount: DOLLARS <br /> • KNOW ALL MEN BY THESE PRESENTS: <br /> That the City of Batesville,Arkansas, a municipality organized and existing under the laws <br /> of the State of Arkansas (the "Issuer"), for value received, promises to pay to the registered owner <br /> shown above, or registered assigns, but solely from the source and in the manner hereinafter set <br /> forth, the principal amount shown above and in like manner to pay interest on said amount until <br /> payment of such principal amount has been made or duly provided for,at the rate per annum shown <br /> above, semiannually on June 1 and December 1 of each year, from the June 1 or December 1 next <br /> preceding the date on which this Bond is authenticated unless this Bond is authenticated on an <br /> interest payment date, in which case it shall bear interest from such date, or unless this Bond is <br /> authenticated during the period from the Record Date (as hereinafter defined) to the next interest <br /> payment date, in which case it shall bear interest from such interest payment date, or unless at the <br /> time of authentication of this Bond interest is in default hereon, in which case it shall bear interest <br /> from the date to which interest has been paid, except as the provisions hereinafter set forth with <br /> respect to redemption of this Bond prior to maturity may become applicable hereto. The principal <br /> of this Bond is payable in lawful money of the United States of America upon the presentation and <br /> surrender hereof at the principal corporate trust office of Regions Bank, Little Rock, Arkansas, or <br /> its successor or successors, as Trustee (the "Trustee"), and interest on this Bond is payable in like <br /> money to the registered owner hereof by check or draft drawn upon the Trustee and mailed or, in <br /> certain circumstances described in the Indenture,by wire transfer to the person in whose name this <br /> Bond is registered at the close of business on the fifteenth day of the calendar month next preceding <br /> • <br /> 51 <br />
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