EXHIBIT A
<br /> FORM OF SERIES 2017 BOND
<br /> No.: R-1
<br /> Dated: October 25, 2017 $7,471,000
<br /> Maturity Date: October 1,2032
<br /> CITY OF ZEPHYRHILLS,FLORIDA
<br /> INFRASTRUCTURE SALES SURTAX REVENUE BOND (CITY HALL PROJECT),SERIES 2017
<br /> KNOW ALL MEN BY THESE PRESENTS that the City of Zephyrhills, Florida (the
<br /> "Issuer"), a municipal corporation created and existing pursuant to the Constitution and the
<br /> laws of the State of Florida, for value received, promises to pay from the sources hereinafter
<br /> provided, to the order of JPMORGAN CHASE BANK, N.A., or registered assigns (hereinafter,
<br /> the "Owner"), the principal sum of $7,471,000 in the manner described below, together with
<br /> interest on the principal balance outstanding at the rate of per annum of 2.344% (subject to
<br /> adjustment as herein provided) calculated on the basis of a 360 day year consisting of twelve 30
<br /> day months; provided, however, that the interest rate on this Bond, as it may be adjusted, shall
<br /> in no event exceed the maximum interest rate permitted.by the Act. Such rate of interest is
<br /> herein referred to as the"Interest Rate".
<br /> Principal of and interest on this Bond is payable in lawful money of the United States of
<br /> America at such place as the Owners may designate to the Issuer in writing. No presentment
<br /> shall be required for payment on this Bond.
<br /> Interest shall be payable semi-annually to the Owner on each April 1 and October 1,
<br /> commencing on April 1,2018.
<br /> 111 Principal on this Bond shall amortize on October 1 of year commencing, October 1, 2018
<br /> in the following amounts:
<br /> Year Amortization Installment
<br /> 2018 $432,146.87
<br /> 2019 430,601.71
<br /> 2020 440,695.02
<br /> 2021 451,024.91
<br /> 2022 461,596.93
<br /> 2023 472,416.76
<br /> 2024 483,490.21
<br /> 2025 494,823.22
<br /> 2026 506,421.88
<br /> 2027 518,292.41
<br /> 2028 530,441.18
<br /> 2029 542,874.72
<br /> 2030 555,599.71
<br /> 2031 568,622.96
<br /> 2032 581,951.49
<br /> As described above, the final installment of the entire unpaid principal balance, together
<br /> with all accrued and unpaid interest hereon,is due and payable on the Maturity Date.
<br /> This Bond is being issued for the purpose of financing and/or reimbursing all or a
<br /> portion of the Costs of the Initial Project and paying certain costs of issuance incurred with
<br /> respect to this Bond, under the authority of and in full compliance with the Constitution and
<br /> laws of the State of Florida, Chapter 166, Florida Statutes, Chapter 212, Florida Statutes, Chapter
<br /> 218, Part IV, Florida Statutes, the municipal charter of the Issuer, Ordinance No. 12-16 duly
<br /> enacted by the Board of County Commissioners of Pasco County,Florida on July 10, 2012, and a
<br /> A-1
<br />
|