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Tab_81STATE OF ALASKA CITY OF BETHEL LEASE REVENUE BOND, 2007 (Replacement Bond) The City of Bethel, Alaska (the "City"), a municipal corporation organized and existing under and by virtue of the laws and Constitution of the State of Alaska, hereby acknowledges itself to owe and for value received promises to pay to the Registered Owner identified above, or registered assigns, the Principal Amount indicated above in the principal installment on September 1 of the year identified below and to pay interest on such installment from the date hereof or the most recent date to which interest has been paid or duly provided for on each September 1 and March 1 thereafter: Year of Principal Installment Payment Principal Installment Interest Date Amount Rate 2017 $175,000 5.00% Principal of, interest, and premium, if any, on this Bond are payable solely out of the special fund of the City known as the "City of Bethel Lease Revenue Bond Fund" (the "Bond Fund") established pursuant to Ordinance No. 07-14 of the City (the "Bond Ordinance"). Both principal of and interest on this Bond are payable in lawful money of the United States of America. Installments of principal of and interest on this Bond are payable by check or draft of the City's Finance Director (the "Registrar") mailed (on the date such interest is due) to the Registered Owner hereof at the address appearing on the records maintained by the Registrar as of the fifteenth day of the month preceding the interest payment date. The final installment of principal of and interest on this Bond shall be paid to the Registered Owner hereof upon presentation and surrender of this bond at the office of the Registrar in Bethel, Alaska. Notwithstanding the foregoing, so long as the Bond Bank is the Registered Owner of this Bond, payments of principal of and interest on this Bond shall be made to the Bond Bank in accordance with the Loan Agreement. This Bond is subject to prepayment as provided in the Bond Ordinance and the Loan By theBond 1. - •- - City - s -se -s to - aside from the Revenue Fund, and to a. U - S Fund and Deb - - Account - • Reserve Accounttherein, - various amounts required S - • Ordinance to.- I_S S andmaintained in said fund and account s, all within - times provided b the BondOrdinance. - City - further pledged and bound itself Si. Ithe R evenue d as collected. I - Lease Rev enue, Said amounts so pledged •s paid out S the Revenue I S -;. 5 Fund_5 the •.-. a - - I _S - 51 - S - Rav - - FundsuperiorS all other .S S any S or nature except - Costs U Maintenance - S Operation and eq rank any ch arges - - be ade on the R evenue I 55. and secure -payment Sany Future Parity Bonds. The obligationsS - under - :. d Ordinanc e may s - s .s -supon - making of provision for - payment Bond o - terms andconditions - forth - Bond Ordinance 5 - Loan Agreement. sh allThis Bond S be validS become ob 5 _S for any purpose I- entitled to any security or benefit under Bond Ord - - __• Authentication hereon - ll h ave be -manually signed by Registrar. - It is --s --I - -s_adeclared that -: .is issueds • •_ S in strict compliance - constitution and laws I - State Alaska, and ord -- andresolutions of - City S Bethel, and . all acts, conditions and things -s ed to exist,S have happened and to have been performed precede I • S - issuance of Bond do exist, have happened an I have be - performed. IN WITNESS WHEREOF, - of Bethel, Alaska, - caused this :. • is - sign-e, on behalf S - City with -manual or facsimile signature . -Mayor,Ii attested b - - or facsimile signature S - City Clerk, and - -- I - City o be i m 5 -s 5 S--a hereon,as S November I. (City Seal) !1K1] ASSIGNMENT (Please insert Social Security or taxpayer identification number of transferee) the within bond and does hereby irrevocably constitute and appoint of _ or its successor, as Registrar, to transfer said bond on the books kept for registration thereof with full power of substitution in the premises. NOTICE: Signature(s) must be guaranteed Pursuant to law. NOTE: The signature on this Assignment must correspond with the name of the registered owner as it appears upon the face of the within bond in every particular, without alteration or enlargement or any change whatever. , M-1 CITY OF BETHEL LEASE REVENUE REFUNDING BOND, 2016 (A Municipal Corporation of the State of Alaska) NO. R1 $2,000,000 REGISTERED OWNER: Alaska Municipal Bond Bank DATED: November 3, 2016 The City of Bethel, Alaska (the "City"), a municipal corporation of the state of Alaska, hereby acknowledges itself to owe and for value received promises to pay to the Registered Owner identified above, its registered assigns, the Principal Amount indicated above in the following installments on December of each of the following years, and to pay interest on such installments from the date hereof, payable on December 1, 2016 and semiannually thereafter on the I st days of June and December of each year, at the rates per annum as follows: Principal Installment Payment Dates Principal Installment Interest (December 1) Amounts Rates 2018 $165,000 4.00% 2019 170,000 4.00 2020 175,000 4.00 2021 185,000 4.00 2022 190,000 5.00 2023 205,000 5.00 2024 210,000 5.00 2025 220,000 5.00 2026 235,000 5.00 2027 245,000 5.00 - I. I - . I - - V - - s_V.. - I - V • • H[•J!1'iI•i' - C apit alized t erms used _. ot oth erwisedefin ed o Bond sh a ll - -mea nings g iven t e rms -:. d Ordin a nce. This Bon d is subjectto p re paym ent p rovid ed in th e :. • Ordinance a a the Loan Agreement. th e Bond . - - - City - a.aS toset asi deS - - Fun d,andS .. . theBond Fund and De bt Service Account 0 R eserve Account - S a mounts req uired i - Bond Ordin ance to be a, into • amai nt ained sai d f und and accounts, a ll within - provi ded b Bond O r a - -. The City has further p ledged and boun d itse lf t o a s th e Revenue Fun d_ coll ected _ of - L ease R - -- Said am ount s so pledged aI1_aa of - Revenue a into the Bond Fund_a Accounts the ar e here bydeclared to be pri or and cha rge u pon - mon ey R.sya nya . sya,&,ri*r tiet alljith er ..a d Operation an d eq • to . - - be mad e a - - a to pay and secure pa y m ent of a and Future P arityBonds. This Ssh a ll n ot any manner or • any exten d constitute a 1 -. obligation of - City or of A l aska o of a ny politi ca l a. a of - Stat e . A lask a, -- - faith and credit northe t axin g p of pledge d f or pa ym ent p a S This Bond tra nsfer ab le • provided in th e Bond Or s -- only as the bond register of - and (ii) upon surren derof Bond togeth er writt en instrum ent of transfer a executed a-- - ----a s authorized attorney a registered owner,a thereupon - registered :5. Bonds - same aggregateprincipal amount andmaturity a -a a transferee exchange e as provided - Bond Ord a Ia - paym ent of ..a any, as therein prescri bed . - City may • -a as-a - - aa a as - a 5 a a. a a as a - - -V-1012,1 a -- a - -a - • a a - 5 55 - - ii:i: (City Seal) AflEST: 'LJL'JJL Løri trickr; City Clerk [C1Th!IIl (Please insert Social Security or taxpayer identification number of transferee) 11[liff: [s [111.11l *no 1 111 11111111 the within bond and does hereby irrevocably constitute and appoint of or its successor, as Registrar, to transfer said bond on the books kept for registration thereof with full power of substitution in the premises. Signature Guaranteed: NOTICE: Signature(s) must be guaranteed Pursuant to law, NOTE: The signature on this Assignment must correspond with the name of the registered owner as it appears upon the face of the within bond in every particular, without alteration or enlargement or any change whatever.