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No.R- $ <br /> CITY OF ZEPHYRHILLS,FLORIDA <br /> INFRASTRUCTURE SALES SURTAX REVENUE BOND,SERIES <br /> Interest Rate Maturity Date Date of Original Issue CUSIP <br /> 1, <br /> 1 Registered Holder: <br /> Principal Amount: <br /> KNOW ALL MEN BY THESE PRESENTS, that the City of Zephyrhills, Florida, a <br /> municipality created and existing under and by virtue of the laws of the State of Florida (the <br /> "Issuer"), for value received,hereby promises to pay, solely from the Pledged Funds hereinafter <br /> described, to the Registered Holder identified above, or registered assigns as hereinafter <br /> provided, on the Maturity Date identified above, the Principal Amount identified above and <br /> interest on such Principal Amount from the Date of Original Issue identified above or from the <br /> most recent interest payment date to which interest has been paid at the Interest Rate per <br /> annum identified above on April 1 and October 1 of each year commencing _ 1, <br /> until such Principal Amount shall have been paid, except as the provisions hereinafter set <br /> forth with respect to redemption prior to maturity may be or become applicable hereto. Interest <br /> on this Bond shall be computed on the basis of a 360-day year consisting of twelve 30-day <br /> months. <br /> Such Principal Amount and interest and the redemption premium, if any, on this Bond <br /> are payable in any coin or currency of the United States of America which, on the respective <br /> dates of payment thereof, shall be legal tender for the payment of public and private debts. <br /> Such Principal Amount and the redemption premium, if any, on this Bond, are payable, upon <br /> presentation and surrender hereof, at the designated corporate trust office of <br /> , as Paying Agent. Payment of each installment <br /> of interest shall be made to the person in whose name this Bond shall be registered on the <br /> registration books of the Issuer maintained by , as <br /> Registrar, at the close of business on the date which shall be the fifteenth day (whether or not a <br /> business day) of the calendar month next preceding each interest payment date and shall be <br /> paid by a check or draft of such Paying Agent mailed to such Registered Holder at the address <br /> appearing on such registration books or, at the option of such Paying Agent, and at the request <br /> and expense of such Registered Holder, by bank wire transfer for the account of such Holder. <br /> In the event interest payable on this Bond is not punctually paid or duly provided for by the <br /> Issuer on such interest payment date, payment of each installment of such defaulted interest <br /> shall be made to the person in whose name this Bond shall be registered at the close of business <br /> on a special record date for the payment of such defaulted interest as established by notice to <br /> such Registered Holder,not less than ten days preceding such special record date. <br /> This Bond is one of an authorized issue of Bonds in the aggregate principal amount of <br /> $ (the "Bonds") of like date, tenor and effect, except as to maturity date, interest rate, <br /> denomination and number,issued to finance and/or reimburse the cost of temporary relocation, <br /> designing, permitting, acquisition, construction, reconstruction and/or equipping of <br /> under the authority of and in full compliance with Constitution and laws <br /> of the State of Florida, Chapter 166, Florida Statutes, Chapter 212, Florida Statutes, Chapter 218, <br /> Part IV, Florida Statutes, the Charter of the Issuer, Ordinance No. 12-16 enacted by the Board of <br /> County Commissioners of Pasco County, Florida on July 10, 2012, and a successful referendum <br /> conducted thereunder on November 6, 2012 where the one-cent local infrastructure sales surtax <br /> was extended through December 31, 2024 (collectively, the "Act"), and a resolution duly <br /> adopted by the City Council of the Issuer on October 23, 2017, as amended and supplemented <br /> from time to time, and as particularly supplemented by a resolution duly adopted by the City <br /> Council of the Issuer on , 20_ (collectively, the "Resolution"), and is subject to the <br /> 11 <br />