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Resolution 557
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Resolution 557
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7/8/2008 7:45:52 AM
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<br />. <br />I <br /> I <br />t <br /> (Form of Coupon) <br /> No. 0 $ <br /> [Unless the bond described below has been called for earlier <br /> redemption] <br /> On the 1st day of June (December) , 19 , the Village <br /> of New Brighton, Ramsey County, Minnesota, will pay to bearer at <br /> the main office of <br /> the sum shown hereon for interest then due on its Sewage Facility <br /> Bond of 1968, dated June 1, 1968, Noo <br /> (Facsimile) <br /> Mayor <br /> (Facsimile) <br /> Village Manager <br /> (Form of Village Clerk's Certificate) <br /> I, the undersigned, Village Clerk of the Village of New <br /> Brighton, Minnesota, hereby certify that except for the date line, <br /> the above is a full, true and compared copy of the legal opinion <br /> of Messrs. Faegre & Benson, of Minneapolis, Minnesota, which was <br /> delivered to me upon delivery of the bonds and is now on file in <br /> my office. <br /> (Facsimile) <br /> , Village Clerk <br /> Village of New Brighton, Minnesota <br /> 5. The bonds shall be prepared under the direction of <br /> the Village Manager, and when so prepared shall be executed on <br /> behalf of the village by the Mayor and the Village Manager and <br /> sealed with the village seal and the interest coupons shall be <br /> executed and authenticated by the printed facsimile signatures <br /> of said Mayor and Village Managerc The legal oplnion of Messrs. <br /> Faegre & Benson, of Minneapolis, Minnesota, respecting the validity <br /> and enforceability of the bonds shall be printed on the reverse <br /> side of each bond and shall be certified by the facsimile'signature <br /> of the Village Clerk. When the bonds shall have been so prepared <br /> and executed, they shall be delivered by the Clerk and Treasurer <br /> in exchange for the purchase price and upon receipt of the signed <br /> legal opinion of Messrsc Faegre & Benson, and the purchaser shall <br /> not be required to see to the proper application of the proceeds. <br /> 6. By "Resolution Fixing Terms, Form and Covenants for <br /> $1,000,000 Sewage Facility Bonds, Pledging Revenues for Their <br /> Payment, and Authorizing Action Necessary to Their Execution and <br /> Delivery" adopted September 12, 1967 (the "1967 Resolution" ) there <br /> has been created a special fund known as the Sewage Facility Bonds <br /> Fund, and the principal of and interest on the bonds herein <br /> authorized and also the prlncipal of and interest on the similar <br /> obligations heretofore or any similar obligations hereafter issued <br /> under Section 444.075 (or successor law) shall be paid from said <br />
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