CCSD BOA REVI ARD OF TR ISED AGEN RUSTEES NDA

EXHIBIT B
(FORM OF NOTES)
UNITED STATES OF AMERICA
STATE OF SOUTH CAROLINA
CHARLESTON COUNTY SCHOOL DISTRICT
GENERAL OBLIGATION BOND ANTICIPATION NOTE
[(SALES TAX PROJECTS – PHASE ___)]
SERIES 2016 [A/B/C]
No. 1
$_______
INTEREST RATE MATURITY DATE ORIGINAL ISSUE DATE CUSIP
% ___________, 201__ _________, 2016
Registered Holder:
Principal Amount:
____________________
DOLLARS
KNOW ALL MEN BY THESE PRESENTS, that Charleston County School District, South
Carolina (the "School District"), is justly indebted and, for value received, hereby promises to pay to the
Registered Holder named above, or registered assigns, the Principal Amount shown above on the
Maturity Date shown above, upon presentation and surrender of this note at the office of the
Superintendent of Charleston County School District in the City of Charleston, State of South Carolina
(the "Registrar/Paying Agent"), and to pay interest, calculated on the basis of a 360 day year consisting of
twelve months of 30 days each, on such Principal Amount from the date hereof at the Interest Rate per
annum shown above until the School District's obligation with respect to the payment of such Principal
Amount shall be discharged. Interest on this note is payable ___________, 201__, and shall be payable
to the person in whose name this note is registered on the registration books of the School District
maintained by the Registrar/Paying Agent at the close of business on ___________, 201__. The principal
and interest on this note are payable in any coin or currency of the United States of America which is, at
the time of payment, legal tender for public and private debts. This note is not subject to redemption prior
to maturity.
This note shall not be valid or obligatory for any purpose until the Certificate of Authentication
hereon shall have been duly executed by the Registrar/Paying Agent.
This note is one of an issue of notes in the aggregate principal amount of $____________ (the
"Notes") issued pursuant to and in accordance with the Constitution and laws of the State of South
Carolina, including Article X, Section 15 of the Constitution of the State of South Carolina 1895, as
amended; Title 59, Chapter 71 of the Code of Laws of South Carolina 1976, as amended; Title 11,
Chapter 17 of the Code of Laws of South Carolina 1976, as amended; and a resolution duly adopted by
the Board of Trustees of the School District (the "Board") on February 22, 2016 (the "Resolution").
Capitalized terms used but not defined herein shall have the meanings ascribed to them by the Resolution.
B - 1
2/22/16 Board Agenda Agenda Item 9.5B
(A&F D-IX)
Page 38 of 49