–ѕа°±б>ю€ 79ю€€€6€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€м•Ѕ{` рњVbjbjоFоF 8&М,М,V€€€€€€§$$$$$$$8| | | | И $8TґЄ Є Є Є Є Є Є Є ”’’’’’’$ hrМщ$!Є Є !!щ$$Є Є WWW! $Є $Є ”W!”WW$$WЄ ђ †Яњ1ўr«| +"WT$0TWюMюWю$W(Є Ѓf |Wв dF џЄ Є Є щщM Є Є Є T!!!!888D| 888| 888$$$$$$ EXHIBIT†A (FORM OF NOTE) UNITED STATES OF AMERICA COMMONWEALTH OF VIRGINIA CITY OF HAMPTON GENERAL OBLIGATION PUBLIC IMPROVEMENT BOND ANTICIPATION NOTE, SERIES 2007 REGISTERED REGISTERED No. R-1 $29,540,000 DATE OF NOTEINTEREST RATE:MATURITY DATE:APRIL 25, 20074.35%DECEMBER 15, 2007 REGISTERED OWNER: BRANCH BANKING & TRUST COMPANY P.O. Box 31273 Charlotte, North Carolina 28231 PRINCIPAL AMOUNT: TWENTY-NINE MILLION FIVE HUNDRED FORTY THOUSAND DOLLARS The City of Hampton (hereinafter referred to as the УCityФ), a municipality and political subdivision of the Commonwealth of Virginia, for value received, hereby promises to pay the Registered Owner (named above), or registered assigns, on the Maturity Date (specified above), unless this Note shall have been duly called for prepayment and payment of the redemption price shall have been duly made or provided for, the Principal Amount (specified above), and to pay interest on such Principal Amount at the Interest Rate (specified above) per annum, such interest to be payable on the Maturity Date. Interest on this Note shall be calculated on the basis of 30 days over 360 year. The principal of and interest on this Note are payable upon presentation and surrender thereof at the principal office of the Director of Finance of the City in the City of Hampton, Virginia (the УRegistrarФ). The principal of and interest on this Note are payable in such coin or currency of the United States of America as at the respective dates of payment is legal tender for public and private debts. This Note is one of a duly authorized series of notes (herein referred to as the УNoteФ) of the aggregate principal amount of Twenty-Nine Million Five Hundred Forty Thousand Dollars ($29,540,000) of like date and tenor herewith, except for number, denomination, interest rate, maturity and redemption provisions, and is issued to finance certain capital improvement projects in the City, under and pursuant to and in full compliance with the Constitution and statutes of the Commonwealth of Virginia, including Chapter 26 of Title 15.2 of the Code of Virginia, 1950 (the same being the Public Finance Act of 1991), and a resolution duly adopted by the Council of the City under such Chapter 26 on April†11, 2007. This Note shall be subject to prepayment by the City prior to its stated maturity in whole at any time, on not less than thirty (30) days prior written notice to the Registered Owner of this Note, upon payment of the principal amount of Notes, together with the interest accrued on the principal amount of the Notes to the date fixed for the redemption thereof. The full faith and credit of the City shall be and is hereby irrevocably pledged to the punctual payment of the principal of and interest on this Note as the same become due. In each year while this Note is outstanding and unpaid, this Council is authorized and required to levy and collect annually, at the same time and in the same manner as other taxes of the City are assessed, levied and collected, a tax upon all taxable property within the City, over and above all other taxes, authorized or limited by law and without limitation as to rate or amount, sufficient to pay when due the principal of and interest on this Note to the extent other funds of the City are not lawfully available and appropriated for such purpose. It is hereby certified, recited and declared that all acts, conditions and things required to have happened, to exist and to have been performed precedent to and in the issuance of this Note and the series of which it is one, do exist, have happened and have been performed in regular and due time, form and manner as required by law, and that this Note and the Notes of the series of which this Note is one do not exceed any constitutional or statutory limitation of indebtedness. IN WITNESS WHEREOF, the City, by its Council, has caused this Note to be executed by the manual signature of the Mayor of such City; a facsimile of the corporate seal of such City to be imprinted hereon, attested by the manual signature of its City Clerk; and this Note to be dated as of April 25, 2007. 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