Tab_210NO R-1 $4,470,000
flfl1 NuB I (I'VAVl (IAI IUJI I) hDI II)1I I*AIJIJIfl H*'L1
11,11"i 1 Pill! Ill! (IIJhiI (II I il N 1 hAl IJK1
Principal Amount I I I ON FOUR HUNDRED w: cuiiYii i
DOLLARS I
The Northwest Arctic Borough (the "Borough"), 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, or registered assigns, the principal amount shown above in
the following installments on December 1 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 days of June and December of each year, at the rates per annum as follows:
Year Principal Amount Interest Rate
2016 $70,000 2.00%
2017 1,045,000 2.00
2018 1,075,000 4.00
Year Principal Amount Interest Rate
2019 $1,120,000 4.00%
2020 1,160,000 4.00
When this Bond is owned by the Alaska Municipal Bond Bank (the "Bond Bank"),
payment of principal and interest shall be made as provided in the Loan Agreement between the
Bond Bank and the Borough dated as of August 1, 2001, as amended. When this Bond is not
owned by the Bond Bank, installments of principal and interest on this Bond shall be paid by
check or draft mailed by first class mail to the Registered Owner as of the close of business on
the 1 5th day of the month preceding each installment payment date; provided that the final
installment of principal and interest on this Bond shall be payable upon presentation and
surrender of this Bond by the Registered Owner at the office of the Registrar. Interest will be
computed on the basis of a 360-day year consisting of twelve 30-day months. Both principal of
and interest on this Bond are payable in lawful money of the United States of America which, on
the respective dates of payment thereof, shall be legal tender for the payment of public and
private debts.
This Bond is one of the General Obligation Refunding Bonds, 2016 Series A of the
Northwest Arctic Borough, Alaska, of like tenor and effect except as to interest rate, serial
number and maturity, aggregating $4,470,000 in principal amount, and constituting Bonds
authorized for the purpose of refunding certain general obligation bonds issued by the Borough,
and is issued under Resolution 16-43 of the Borough entitled:
A RESOLUTION AUTHORIZING THE NORTHWEST ARCTIC BOROUGH
TO ISSUE GENERAL OBLIGATION REFUNDING BONDS IN THE
PRINCIPAL AMOUNT OF NOT TO EXCEED $4,750,000 TO REFUND
CERTAIN OUTSTANDING GENERAL OBLIGATION BONDS OF THE
BOROUGH, FIXING CERTAIN DETAILS OF SUCH BONDS AND
AUTHORIZING THEIR SALE.
(the "Resolution").
Installments of principal of this Bond shall not be subject to prepayment at the option of
the Borough prior to maturity.
This Bond is transferable as provided in the Resolution, (i) only upon the bond register of
the Borough, and (ii) upon surrender of this Bond together with a written instrument of transfer
duly executed by the Registered Owner or the duly authorized attorney of the Registered Owner,
and thereupon a new fully registered Bond or Bonds in the same aggregate principal amount and
maturity shall be issued to the transferee in exchange therefor as provided in the Resolution and
upon the payment of charges, if any, as therein prescribed. The Borough may treat and consider
the person in whose name this Bond is registered as the absolute owner hereof for the purpose of
receiving payment of, or on account of, the principal or redemption price, if any, hereof and
interest due hereon and for all other purposes whatsoever.
This Bond is a general obligation of the Northwest Arctic Borough and the full faith and
credit of the Borough are pledged for the payment of the principal of and interest on this Bond as
the same shall become due.
IT IS HEREBY CERTIFIED AND RECITED that all conditions, acts or things required
by the constitution or statutes of the State of Alaska and the home rule charter of the Borough to
exist, to have happened or to have been performed precedent to or in the issuance of this Bond
exist, have happened and have been performed, and that the series of Bonds of which this is one,
together with all other indebtedness of the Borough, is within every debt and other limit
prescribed by said constitution, statutes or charter.
IN WITNESS WHEREOF, THE NORTHWEST ARCTIC BOROUGH, ALASKA, has
caused this Bond to be signed in its name and on its behalf by the manual or facsimile signature
of its Mayor and its corporate seal (or a facsimile thereof) to be impressed or otherwise
reproduced hereon and attested by the manual or facsimile signature of its Clerk, all as of the 3rd
day of November, 2016. 1
Mayor
2
ATTEST:
/
/ I!
Clerk
[SEAL]
ASSIGNMENT
For value received, the undersigned sells, assigns and transfers to (print or typewrite
name, address, zip code and Social Security number or other tax identification number of
Transferee)
this Bond and irrevocably constitutes and appoints
attorney to transfer this Bond on the Bond Register, with full power of substitution in the
premises.
Notice: The assignor's signature to this assignment must correspond with the name as it appears
upon the face of this Bond.
3
M1
1111 WIWI
IaII
P3H1 sfl R (HI (sAl 1tIU!I I) I[tIISA1I )IWAIIIY1J1K1 IJI1
111 1 1111 UPON III ii 1 1 0 1 111711 1 11 1111 11
I 1 Li rirnLmIJIDL7AI ii m (I)LI( J&Ta1m1I1chI PJJII)JWt
The Northwest Arctic Borough (the "Borough"), 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, or registered assigns, the principal amount shown above in
the following installments on December 1 of each of the following years, and to pay interest on
such installments from the date hereof, payable on June 1, 2007 and semiannually thereafter on
the 1st days of June and December of each year, at the rates per annum as follows:
Year Princinal Amount Interest Rate Year Princinal Amount Interest Rate
2007 $ 5,000 4.00% 2012 $ 5,000 4.00%
2008 5,000 4.00 2013 5,000 5.50
2009 5,000 4.00 2014 5,000 4.00
2010 5,000 4.00 2015 5,000 5.50
2011 5,000 4.00 2016 1,035,000 5.00
When this Bond is owned by the Alaska Municipal Bond Bank (the "Bond Bank"), payment of
principal and interest shall be made as provided in the Loan Agreement between the Bond Bank
and the Borough dated as of August 1, 2001, as amended (the "Loan Agreement"). When this
Bond is not owned by the Bond Bank, installments of principal and interest on this Bond shall be
paid by check or draft mailed by first class mail to the Registered Owner as of the close of
business on the 15 t day of the month preceding each installment payment date; provided that the
final installment of principal and interest on this Bond shall be payable upon presentation and
surrender of this Bond by the Registered Owner at the office of the Registrar. Interest will be
computed on the basis of a 360-day year consisting of twelve 30-day months. Both principal of
and interest on this Bond are payable in lawful money of the United States of America which, on
the respective dates of payment thereof, shall be legal tender for the payment of public and
private debts.
This Bond is one of the General Obligation Refunding Bonds, 2007 Series A of the
Northwest Arctic Borough, Alaska, of like tenor and effect except as to interest rate, serial
Pagel of3
number and maturity, aggregating $5,675,000 in principal amount, and constituting Bonds
authorized for the purpose of refunding certain general obligation bonds issued by the Borough,
and is issued under Resolution 06-57 of the Borough entitled:
A RESOLUTION AUTHORIZING THE NORTHWEST ARCTIC BOROUGH
TO ISSUE GENERAL OBLIGATION REFUNDING BONDS IN THE
PRINCIPAL AMOUNT OF NOT TO EXCEED $15,000,000 TO REFUND
CERTAIN OUTSTANDING GENERAL OBLIGATION BONDS OF THE
BOROUGH, FIXING CERTAIN DETAILS OF SUCH BONDS AND
(the "Resolution")
Installments of principal of this Bond shall not be subject to prepayment at the option of
the Borough prior to maturity.
This Bond is transferable as provided in the Resolution, (i) only upon the bond register of
the Borough, and (ii) upon surrender of this Bond together with a written instrument of transfer
duly executed by the registered owner or the duly authorized attorney of the registered owner,
and thereupon a new fully registered Bond or Bonds in the same aggregate principal amount and
maturity shall be issued to the transferee in exchange therefor as provided in the Resolution and
upon the payment of charges, if any, as therein prescribed. The Borough may treat and consider
the person in whose name this Bond is registered as the absolute owner hereof for the purpose of
receiving payment of, or on account of, the principal or redemption price, if any, hereof and
interest due hereon and for all other purposes whatsoever.
This Bond is a general obligation of the Northwest Arctic Borough and the full faith and
credit of the Borough are pledged for the payment of the principal of and interest on this Bond as
the same shall become due.
IT IS HEREBY CERTIFIED AND RECITED that all conditions, acts or things required
by the constitution or statutes of the State of Alaska and the home rule charter of the Borough to
exist, to have happened or to have been performed precedent to or in the issuance of this Bond
exist, have happened and have been performed, and that the series of Bonds of which this is one,
together with all other indebtedness of the Borough, is within every debt and other limit
prescribed by said constitution, statutes or charter.
IN WITNESS WHEREOF, THE NORTHWEST ARCTIC BOROUGH, ALASKA, has
caused this Bond to be signed in its name and on its behalf by the manual or facsimile signature
of its Mayor and its corporate seal (or a facsimile thereof) to be impressed or otherwise
reproduced hereon and attested by the manual or facsimile signature of its Clerk, all as of the 31St
day of January, 2007.
Mayor
Page 2 of 3
ATTEST:
/
Clerk
ASSIGNMENT
For value received, the undersigned sells, assigns and transfers to (print or typewrite
name, address, zip code and Social Security number or other tax identification number of
Transferee)
this Bond and irrevocably constitutes and appoints
attorney to transfer this Bond on the Bond Register, with full power of substitution in the
premises.
Notice: The assignor's signature to this assignment must correspond with the name as it appears
upon the face of this Bond.
Page 3 of