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REGISTERED <br />Number <br /> <br />United States of America <br /> State of California <br /> County of Alameda <br /> <br />REGISTERED <br /> <br />$ <br /> <br /> IMPROVEMENT BOND <br />CITY OF PLEASANTON <br />ASSESSMENT DISTRICT NO. 1984-1 <br /> SERIES NO. 1984-1 <br /> <br />INTEREST RATE MATURITY DATE BOND DATE CUSIP <br /> % July 2, May 2, 1984 <br /> <br /> Under and by virtue of the Improvement Bond Act of 1915, <br />Division 10, of the Streets and Highways Code, (the "Act"), the City <br />of Pleasanton, County of Alameda, State of California, (the "City"), <br />will, out of the redemption fund for the payment of the bonds issued <br />upon the unpaid portion of assessments made for the acquisition, <br />work and improvements more fully described in proceedings taken <br />pursuant to Resolution of Intention No. 84-92, adopted by the City <br />Council of the City of Pleasanton on the 28th day of February, 1984, <br />pay to <br /> <br />or registered assigns, on the maturity date stated above, the <br />principal sum of , in lawful money of the <br />United States of America and in like manner will pay interest from <br />the interest payment date next preceding the date on which this Bond <br />is authenticated, unless this Bond is authenticated and registered <br />as of an interest payment date, in which event it shall bear <br />interest from such interest payment date, or unless this Bond is <br />authenticated and registered prior to January 2, 1985, in which <br />event it shall bear interest from its date, until payment of such <br />principal sum shall have been discharged, at the rate per annum <br />stated above, payable semiannually on January 2 and July 2 in each <br />year. Both the principal hereof and redemption premium hereon are <br />payable at the principal corporate trust office of Bank of America <br />National Trust and Savings Association-Corporate Agency Division, or <br />its successor, as Transfer Agent, Registrar and Paying Agent, in San <br />Francisco, California, and the interest hereon is payable by check <br />or draft mailed to the owner hereof at the owner's address as it <br />appears on the registration books of the Bank, or at such address as <br />may have been filed with the Bank for that purpose, as of the <br />fifteenth day immediately preceding each interest payment date. <br /> <br /> REFERENCE IS MADE TO THE FURTHER PROVISIONS OF THIS BOND <br />SET FORTH IN THE REVERSE SIDE HEREOF WHICH SHALL FOR ALL PURPOSES <br />HAVE THE SAME EFFECT AS THOUGH FULLY SET FORTH HEREIN. <br /> <br />EXHIBITB <br /> <br /> <br />