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<br />'I <br /> <br /> <br />uthenticated, the City Finance Director will deliver the same to the Purchaser upon <br />ayment of the purchase price in accordance with the contract of sale heretofore made <br />d executed, and the Purchaser is not obligated to see to the application of the purchase <br />nee. <br /> <br />2.06. Temoorary Bonds. The City may elect to deliver in lieu of printed <br />efinitive Bonds one or more typewritten temporary Bonds in substantially the form set <br />orth in Section 3 with such changes as may be necessary to reflect more than one <br />aturity in a single temporary bond. Upon the execution and delivery of defmitive <br />onds the temporary Bonds will be exchanged therefor and cancelled. <br /> <br />Form of Bond. <br /> <br />.01. The Bonds will be printed or typewritten in substantially the following form: <br /> <br />$ <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />GENERAL OBLIGATION IMPROVEMENT BOND SERIES 2004C <br /> <br />Rate <br /> <br />Maturity <br /> <br />Date of <br />Original Issue <br /> <br />CUSIP <br /> <br />October I, 2004 <br /> <br />Registered Owner: Cede & Co. <br /> <br />The City of New Brighton, Minnesota, a duly organized and eXlstmg municipal <br />corporation in Ramsey County, Minnesota (City), acknowledges itself to be indebted and <br />for value received hereby promises to pay to the Registered Owner specified above or <br />registered assigns, the principal sum of $ on the maturity date specified <br />above, with interest thereon from the date hereof at the annual rate specified above, <br />payable February I and August 1 in each year, commencing August 1, 2005, to the <br />person in whose name this Bond is registered at the close of business on the fifteenth day <br />(whether or not a business day) of the immediately preceding month. The interest hereon <br />and, upon presentation and surrender hereof, the principal hereof are payable in lawful <br />money of the United States of America by check or draft by Wells Fargo Bank, National <br />Association, Minnesota, as Bond Registrar, Paying Agent, Transfer Agent and <br />Authenticating Agent, or its designated successor under the Resolution described herein. <br />SJB-252 7v 1 <br />NE136- <br />