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516/74
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<br /> (h) Publication of Consent. Notice specifying the amendment, waiver or modification that has
<br />received the consent of bondholders as required by this section shall be published once in a financial
<br />newspaper or journal of national circulation published in the City of New York, New York, not less than
<br />sixty (60) days following the final action in the proceedings for the obtaining of such consent. Said
<br />notice is only for the information of bondholders and failure to publish such notice or any defect therein
<br />shall not affect the validity of the proceedings theretofore taken in the obtaining of such consent.
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<br /> Section 16. Bond and Coupon Forms. The form of bearer bond and coupon and the form of fully
<br />registered bond shall be substantially as follows:
<br />
<br /> [FORM OF BEARER BOND]
<br />
<br />UNITED STATES OF AMERICA
<br />STATE OF CALIFORNIA
<br />COUNTY OF ORANGE
<br /> CITY OF SANTA ANA
<br />
<br />1962 WATER REVENUE BOND, SERIES C
<br />
<br /> THE CITY OF SANTA ANA, a municipal corporation situated in the County of Orange, State of
<br />California, FOR VALUE RECEIVED, hereby promises to pay, solely from the Revenue Fund, as
<br />hereinafter provided, to the bearer, on July 1, _ ....... , upon presentation and surrender of this bond, the
<br />sum of ................ THOUSAND DOLLARS, with interest thereon at the rate of ...... % per annum, payable
<br />semiannually on the first days of January and July of each and every year from the date hereof until this
<br />bond is paid, upon presentation and surrender of the respective interest coupons hereto attached; provided,
<br />however, that if at the maturity date of this bond, or, if the same is redeemable and shall be duly cailed for
<br />redemption, then at the date fixed for redemption, funds are available for the payment or redemption
<br />thereof, as provided in the resolution hereinafter mentioned, this bond shall then cease to bear interest.
<br />Both principal and interest are payable in lawful money of the United States of America at the office of
<br />the Director of Finance of the City of Santa Aha, in said city, or, at the option of the holder hereof, at any
<br />paying agent of the city in Los Angeles or San Francisco, California, Chicago, Illinois, or in New York,
<br />New York.
<br />
<br /> This is one of a duly authorized issue of bonds of the city designated "1962 Water Revenue Bonds,
<br />Series C", hereinafter called "the bonds", all of which have been issued pursuant to the Charter of said
<br />city, the Revenue Bond Law of 1941 (Chapter 6, Part 1, Division 2, Title 5 of the Government Code of
<br />the State of California) and Article 8, Chapter 3, Part 1, Division 2, Title 5 of said Government Code for
<br />the purpose of the acquisition and construction of a water system for said city and the creation of said
<br />issue and the terms and conditions of the bonds are provided for by the resolution of the City Council of
<br />said city authorizing the bonds adopted May 6, 1974, designated Resolution No ................. and this
<br />reference incorporates said resolution and said laws herein, and by acceptance hereof the holder of this
<br />bond and the coupons hereto attached assents to said terms and conditions. Said resolution is adopted
<br />under, and this bond and the interest coupons hereto attached are issued under and are to be construed in
<br />accordance with the Charter of said city and the laws of the State of California.
<br />
<br /> This bond and the interest hereon and any premium upon the redemption hereof are not a .debt
<br />of the City of Santa Aha, nor a legal or equitable pledge, charge, lien or encumbrance upon any of its
<br />property or upon any of its income, receipts, or revenues except the gross revenues of the enterprise (as
<br />defined in said resolution) pledged to its payment, and the principal of and the interest on this bond and
<br />any premium upon the redemption hereof am payable solely from the gross revenues of the enterprise
<br />pledged to its payment and said city is not obligated to pay such principal, interest and premium except
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