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Tab_221bLSI1I PETERS :flBOROUGH rj AJIJjI' tDR1 [SI AI tf1I mflKS]J P [ILU [I)Iasf IJI 0 i[eLIS)DAIJ[11 I ViIJI[SI I I F I I i RiIā€¢JI JA'IhI1 I JYI11 L nw' iii I7&I (11 21 I] 1I{)I I1I& tJh1 t (S1IIIIJ 111)1 W_ The Petersburg 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 1st days of June and December of each year, at the rates per annum as follows: Year Principal Amount Interest Rate Year Principal Amount Interest Rate 2017 $120,000.00 2.00% 2019 $130,000.00 4.00% 2018 130,000.00 4.00 2020 140,000.00 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 former City of Petersburg dated as of October 1, 2000, as amended by the Amendatory Loan Agreement dated as of January 1, 2007 and an Amendatory Loan Agreement dated October 18, 2016 (together, 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 15th 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 3 0day 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 Service Area 1 General Obligation Refunding Bonds, 2016 Series B of the Petersburg Borough, Alaska, of like tenor and effect except as to interest rate, serial number and maturity, aggregating $520,000 in principal amount, and constituting Bonds authorized for the purpose of refunding certain general obligation bonds issued by the former City of Petersburg, and is issued under Resolution # 2016-21 of the Borough entitled: 11:11111 P I!. (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 Petersburg Borough Service Area 1 and the full faith and credit of Service Area 1 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 PETERSBURG 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 31 day of November, 2016. Mayor NJ ATTEST: 4hr 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. PETERSBURG BOROUGH IJ'fl LI) [11 IIILI S]BM (L1 I (S]I'[iJ: (SI,) :II)IAWY&J 4IIA umux.wiiwi IfiuJI (SJI n;iflI $JWi(1 IH k[SJ I 1A W iS1SJiI f[IlIJt4 tIII I) 1JI )JJ $ZI' I k1II OiIJtIIJ III)J P The Petersburg Borough (the "Borough"), successor to the obligations of the former City of Petersburg, 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 1" days of June and December of each year, at the rates per annum as follows: Year Princinal Amount Interest Rate Year Principal Amount Interest Rate 2007 $ 40,000 4.00% 2013 $ 50,000 5.500% 2008 40,000 4.00 2014 20,000 4.000 2009 40,000 4.00 2014 30,000 3.875 2010 45,000 4.00 2015 55,000 5.500 2011 45,000 4.00 2016 55,000 5.000 2012 45,000 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 former City of Petersburg dated as of January 1, 2007, as amended by the Amendatory Loan Agreement between the Bond Bank and the Borough dated October 18, 2016 (together, 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 15th 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. Pagel of3 This Bond is one of the General Obligation School Bonds, 2007 Series A of the former City of Petersburg, of like tenor and effect except as to interest rate, serial number and maturity, aggregating $1,205,000 in principal amount, and constituting Bonds authorized for the purpose of paying the cost of school and related capital improvements in the former City of Petersburg, which is now Service Area 1 of the Borough, and is issued under Resolution #1808 of the former City entitled: A RESOLUTION OF THE PETERSBURG CITY COUNCIL AUTHORIZIN THE CITY TO ISSUE GENERAL OBLIGATION SCHOOL BONDS IN TH PRINCIPAL AMOUNT OF NOT TO EXCEED $2,000,000 TO PROVID, FUNDS FOR SCHOOL AND RELATED CAPITAL IMPROVEMENTS THE CITY CONSISTING OF A NEW CITY/COMMUNITY SWIMMIN , NG CERTAIN DETAILS OF SUCH BONDS AN AUTHORIZING THEIR SALE, (the "Resolution). Installments of principal of this Bond are not subject to prepayment at the option of the Borough prior to their 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 Petersburg Borough Service Area 1 and the full faith and credit of Service Area 1 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 PETERSBURG 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 Page 2 of hereon and attested by the manual or facsimile signature of its Clerk, all as of the 31st day of January, 2007. Mayor th4< Clerk UIiM 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. 193W 41 Signature Guaranteed: 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 [SJhII IV PETERSBURG BOROUGH r ou nfl P (eLV O)I1 tMJJhi ] I[eLiOtJ1IIl)iJ i 19 K,"41 i'tuaim LI1h1I ii :isjii PJiAiIt1 It1 IOJ UW1 J !1 tIJI )M11I IJ U &a YiDI iflill J1J)IIJm The Petersburg Borough (the "Borough"), successor to the obligations of the former City of Petersburg, 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 Principal Amount Interest Rate Year Principal Amount Interest Rate 2007 $ 5,000 4.00% 2013 $105,000 5.500% 2008 5,000 4.00 2014 50,000 4.000 2009 5,000 4.00 2014 60,000 3.875 2010 5,000 4.00 2015 110,000 5.500 2011 95,000 4.00 2016 120,000 5.000 2012 95,000 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 former City of Petersburg dated as of October 1, 2000, as amended by the Amendatory Loan Agreement dated as of January 1, 2007 and an Amendatory Loan Agreement dated October 18, 2016 (together, 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 15th 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. Page l of3 This Bond is one of the General Obligation Refunding Bonds, 2007 Series B of the former City of Petersburg, of like tenor and effect except as to interest rate, serial number and maturity, aggregating $1,185,000 in principal amount, and constituting Bonds authorized for the purpose of refunding certain general obligation bonds issued by the former City, and is issued under Resolution #1809 of the former City entitled: THEIR SALE. (the "Resolution") Installments of principal of this Bond are not subject to prepayment at the option of the Borough prior to their 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 Petersburg Borough Service Area 1 and the full faith and credit of Service Area 1 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 PETERSBURG 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 Page 2 of 3 hereon and attested by the manual or facsimile signature of its Clerk, all as of the 31St day of January, 2007. Mayor ATTEST: Clerk tIAi4iI 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