21-3230 - Bond Issuance - Series 2021

Home Browse Search

THIS SERIES 2021 BOND MAY ONLY BE TRANSFERRED, IN WHOLE OR IN PART, TO A HOLDER CERTIFYING THAT SUCH HOLDER IS AN "ACCREDITED INVESTOR" WITHIN THE MEANING OF RULE 501 OF REGULATION D PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, A "QUALIFIED INSTITUTIONAL BUYER" WITHIN THE MEANING OF RULE 144A PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR AN AFFILIATE OF THE REGISTERED OWNER. No. R-1 $6,000,000 UNITED STATES OF AMERICA STATE OF FLORIDA CITY OF CASSELBERRY GENERAL OBLIGATION BOND, SERIES 2021 RATE OF MATURITY DATE OF INTEREST DATE ORIGINAL ISSUE 2.01% August 1, 2038 March 11, 2021 REGISTERED OWNER: JPMORGAN CHASE BANK, N.A. KNOW ALL MEN BY THESE PRESENTS, that the City of Casselberry, Florida (hereinafter referred to as the "City"), for value received, hereby promises to pay to the order of the Registered Owner identified above, or registered assigns as herein provided (the "Owner"), upon the presentation and surrender hereof at the designated corporate trust office of the Paying Agent (as hereinafter defined), on the Maturity Date identified above, or at prior redemption, if applicable, the Principal Amount identified above and in like manner to pay interest at the Interest Rate identified above, on said principal sum from and including the date hereof until payment of said principal sum has been made or duly provided for, at the rate and on the dates set forth herein. Principal of this Series 2021 Bond is payable at the principal office of the City of Casselberry, Florida, as Bond Registrar and Paying Agent (the term "Paying Agent" where used herein refers to said Bond Registrar and Paying Agent or its successors) and interest is payable by wire transfer or check payable to the person in whose name this Series 2021 Bond is registered on the 15th day of the calendar month (whether or not a business day) preceding interest payment date. The interest to the Maturity Date is payable on August 1 and February 1 in each year, commencing February 1, 2022. The City shall pay the principal and interest amounts on the dates set forth in Schedule "A" hereto. This Series 2021 Bond is one of an authorized issue of Bonds, in the aggregate principal amount of $6,000,000 of like date, tenor and effect, except as to number, interest rate and maturity, issued to finance the construction of various capital projects, as described in the Bond Resolution (the "Series 2021 Project"), under the authority of and in full compliance with the Constitution and laws of the State of Florida. The Series 2021 Bond is issued pursuant to the Constitution of the State of Florida, Chapter 166, Florida Statutes, other applicable provisions of law, the Charter of the City, as amended, and a vote of the electors of the City on March 17, 2020, and are subject to the all of the terms and