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07-047 (2)
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07-047 (2)
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Last modified
7/23/2007 3:06:46 PM
Creation date
5/29/2007 10:06:50 AM
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9! <br /> j, <br /> <br /> ij <br /> !1 <br /> i <br /> Y~ <br /> 'he Bond Registrar will not effect transfer of this Bond unless the information <br /> conceal}ng the assignee requested below is provided. <br /> !]dame and Address: <br /> <br /> a <br /> { <br /> ?I <br /> (Include information for all joint owners if this <br /> a Bond is held by joint account.) <br /> I <br /> Please insert social security or other <br /> identi 'ng number of assignee <br /> <br /> ii <br /> <br /> <br /> <br /> PROVISIONS AS TO REGISTRATION <br /> 1 <br /> he ownership of the principal of and interest on the within Bond has been registered on <br /> 1~ s of the Registrar in the name of the person last noted below. <br /> the bo <br /> Signature of <br /> Date Registration Registered Owner Officer of Re isg_trar <br /> R <br /> Cede & Co. <br /> Federal ID #13-2555119 <br /> e <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 /> whit s to be complete except as to dating thereof and to cause the opinion to be printed on or <br /> acco any each Bond. <br /> o, <br /> Section 4. Payment; Security' Pledges and Covenants. <br /> <br /> 4.01. 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 or 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 he City Finance Director is directed to pay such principal or interest from the general fund <br /> of th City, and the general fund will be reimbursed for those advances out of the proceeds of <br /> Asse iments and Taxes when collected. There is appropriated to the Debt Service Fund (i) <br /> <br /> <br /> 31008211! sJB NF-136-215 10 <br /> ;9 <br />
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