Resolution 065-55 - Laserfiche WebLink

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, . . ~, ~ " , , , (Form of Coupon) No. . $ . [Unless the bond described below has been called for earlier redemption] On the 1st day of January (July), 19 , the Village of New Brighton, Ramsey County, Minnesota, will pay to bearer at the amount shown hereon for interest then due on its Improvement Bond of 1965, dated July 1, 1965, No. . [)~~cZ t0L--- ayor Village Manager (Form of Clerk's Certificate) I, the duly qualified and acting Village Clerk of the Village of New Brighton, hereby certify that except for the date line the foregoing is a compared, true and complete copy of the legal opinion of Messrs. Faegre & Benson which was delivered to me upon delivery of the bonds and is now on file in my office. Village Clerk Village of New Brighton, Minnesota 5. The Village Manager is directed to cause said bonds to be prepared and the Mayor and Manager are authorized and directed to execute the same and affix the village seal thereto and to cause the interest coupons to be executed and authenticated by the printed facsimile signatures of said officers. A copy of the approving legal opinion of Messrs. Faegre & Benson, Minneapolis, Minne sota, shall be printed on the reverse side of each bond and shall be certified by the facsimile signature of the Village Clerk. Upon receipt of the legal opinion and payment for the bonds, the Treasurer and Clerk shall deliver the bonds to the purchaser and the purchaser shall not be obligated to see to the proper applic- ation of the purchase price. 6. There is hereby created a special fund, to be known as Improvement Bonds of 1965 Fund, and the principal of and interest on the bonds herein authorized shall be paid from said fund; provided, however, that if the principal or interest upon the said bonds shall become due and payable and there are insufficient moneys in said fund to pay such principal and interest, the Village Treasurer is authorized and directed to pay said principal and interest from the general fund of the Village and thereafter to reimburse said general fund from collections of special assessments for Village Improvements Nos. 64-21, 64-22, 64-23, 65-4, 65-5, 65-6, 65-10, 65-12, 65-13, 65-14, 65-15, 65-17, 65-22, 65-24, 65-25, and 65-26.