2013-71 PROVIDING FOR THE ISSUANCE OF A PROMISSORY NOTE, SERIES 2013

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[Form of Note-Reverse Side] This Note is issued in the principal amount of$17,250.0001.7,000 for the purpose of financing certain energy and water efficiency projects related to the Syste ri, and of paying expenses incidental thereto, all as described in the ordinance authorizing the Note (the "Ordinance"),pursuant to and in all respects in compliance with the applicabl provisions of the Illinois Municipal Code, as supplemented and amended, and as further supple ented and, where necessary, superseded, by the powers of the City as a home rule unit under the provisions of Section 6 of Article VII of the Illinois Constitution of 1970 (such code and powers being the "Act"), and with the Ordinance, which has been duly passed by the Counci , approved by the Mayor of the City, and published, in all respects as by law required. Capitalized terms used herein without definition shall have the meanings specified in the Ordinance. Under the Ordinance, the Revenues shall be deposited into the Waterworks Fund of the City which shall be used only and has been pledged for paying Operatior and Maintenance Expenses, paying the principal of and interest on all obligations of the City hat are payable by their terms from the Revenues, providing an adequate depreciation fund, and in making all payments required to maintain the accounts established under the Ordinance. rhe City may issue additional obligations payable from the Net Revenues on a parity with, or subordinate to, this Note, in each case pursuant to the terms of the Ordinance. The Bonds are payable from moneys to the credit of the Bond and Interest Account within the Waterworks Fund, said Account consisting of the funds remaining in said Waterworks Fund after the required monthly deposits and credits have been made under the Ordinance for the purpose of paying Operation and Maintenance Expenses, all in accordance with the provisions of the Ordinance. Moneys on deposit in said Account shall be used first and are pledged for paying the principal of and interest on the IEPA lLoans, the Note and any Additional Obligations and then for any further purposes as provided by the terms of the Ordinance. -14-