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07-047
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07-047
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Last modified
7/23/2007 3:07:19 PM
Creation date
5/29/2007 10:04:52 AM
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<br /> <br /> <br /> <br /> <br /> li <br /> l f he Bond Registrar will not effect transfer of this Bond unless the information <br /> concer> ng the assignee requested below is provided. <br /> <br /> ,]dame and Address: <br /> d <br /> ~i <br /> j~• <br /> 4'f <br /> { (Include information for all joint owners if this <br /> Bond is held by joint account.) <br /> i5 <br /> { <br /> Please insert social security or other <br /> identi ng number of assignee <br /> <br /> <br /> I <br /> I PROVISIONS AS TO REGISTRATION <br /> <br /> <br /> !The ownership of the principal of and interest on the within Bond has been registered on <br /> the bo~s of the Registrar in the name of the person last noted below. <br /> I Signature of <br /> trar <br /> Date Re istration Registered Owner Officer of Regis <br /> Cede & Co. <br /> Federal ID #13-2555119 <br /> <br /> <br /> 3.02. Approving Legal Opinion. The City Manager is directed to obtain a copy of the <br /> propo d approving legal opinion of Kennedy & Graven, Chartered, Minneapolis, Minnesota, <br /> which is to be complete except as to dating thereof and to cause the opinion to be printed on or <br /> acco any each Bond. <br /> <br /> Section 4. Payment; Security: Pledgees and Covenants. <br /> <br /> 14.01. Debt Service Fund. (a) The Bonds are payable from the Improvement Bonds, <br /> Serie 007A Debt Service Fund (the "Debt Service Fund") hereby created, and the proceeds of <br /> gener taxes hereinafter levied (the "Taxes"), and special assessments (the "Assessments") <br /> levied r to be levied for the Improvements described in the resolution authorizing the sale of the <br /> Bond are hereby pledged to the Debt Service Fund. If a payment of principal or interest on the <br /> Bond becomes due when there is not sufficient money in the Debt Service Fund to pay the <br /> same e City Finance Director is directed to pay such principal or interest from the general fund <br /> of th ICity, and the general fund will be reimbursed for those advances out of the proceeds of <br /> Asse ments and Taxes when collected. There is appropriated to the Debt Service Fund (i) <br /> <br /> <br /> 310082 SJBNE136-215 10 <br /> <br /> r <br />
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