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Resolution 339
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Resolution 339
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7/8/2008 7:45:52 AM
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6/24/2008 1:20:50 PM
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<br /> . <br /> (Form of Coupon) <br /> No, $ <br /> [Unless the bond described below has been called for earlier <br /> redemption] <br /> On the 1st day of February (August), 19 , the Village <br /> of New Brighton, Ramsey County, Minnesota, will pay to bearer at <br /> the amount shown hereon for interest then due on its Improvement <br /> Bond of 1967, dated Febtuary 1, 1967, No. . <br /> Mayor <br /> Village Manager <br /> (Form of Clerk's Certificate) <br /> I, the duly qualified and acting Village Clerk of the <br /> Village of New Brighton, hereby certify that except for the date <br /> line the foregoing is a compared, true and complete copy of the <br /> legal opinion of Messrs. Faegre & Benson of Minneapolis, Minnesota, <br /> which was delivered to me upon delivery of the bonds and is now on <br /> file in my office. <br /> Village Clerk <br /> Village of New Brighton, Minnesota <br /> 5. The Village Manager is directed to cause said bonds <br /> to be prepared and the Mayor and Manager are authorized and directed <br /> to execute the same and affix the village seal thereto and to cause <br /> the interest coupons to be executed and authenticated by the printed <br /> facsimile signatures of said officers. A copy of the approving <br /> legal opinion of Messrs. Faegre & Benson, Minneapolis, Minnesota, <br /> shall be printed on the reverse side of each bond and shall be <br /> certified by the facsimile signature of the Village Clerk. Upon <br /> receipt of the legal opinion and payment for the bonds, the Manager, <br /> Treasurer and Clerk shall deliver the bonds to the purchaser and the <br /> purchaser shall not be obligated to see to the proper application of <br /> the purchase price. <br /> 6. There is hereby created a special fund, to be known <br /> as Improvement Bonds of 1967 Fund, and the principal of and interest <br /> on the bonds herein authorized shall be paid from said fund; provided <br /> however, that if the principal or interest upon the said bonds shall <br /> become due and payable and there are insufficient moneys in said <br /> fund to pay such principal and interest, the Village Treasurer is <br /> authorized and directed to pay said principal and interest from the <br /> general fund of the Village and thereafter to reimburse said genera) <br /> fund from collections of special assessments for Improvement No. <br /> 63-11. <br />
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