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Resolution 681
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Resolution 681
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7/8/2008 7:45:54 AM
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<br />. <br />.' ~ <br />" <br />collected or out of any other municipal funds which are properly <br />available and are appropriated for such purpose, and the holders <br />of the bonds of this issue have the right to require the issuance <br />of definitive bonds bearing interest at the rate of 6.00% per <br />annum, maturing and subject to redemption as provided by law, on <br />a par for par basis with such temporary bonds; provided, however, <br />the full faith and credit of the Village have been irrevocably <br />pledged for the payment of principal and interest on this bond <br />and any definitive bond exchanged therefor and the Village will <br />levy a direct ad valorem tax upon all of the taxable property in <br />the Village if necessary to provide for any deficiency. <br /> IT IS HEREBY CERTIFIED AND RECITED That all acts, <br />conditions and things required by the Constitution and Laws <br />of the State of Minnesota to be done, to happen and to be <br />performed precedent to and in the issuance of this bond have <br />been done, have happened and have been performed in regular <br />and due form, time and manner as required by law; and that <br />this bond, together with all other indebtedness of the Village <br />outstanding on the date hereof and the date of its,actual <br />issuance and delivery, does not exceed any constitutional or <br />statutory limitation thereon. <br /> IN WITNESS WHEREOF, the Village of New Brighton, <br />RamseY County, Minnesota, by, its Village Council, has caused <br />this bond to be executed by the Mayor and Village Manager and <br />sealed with the corporate seal of said Village and the interest <br />coupops hereto attached to be executed by the signatures of <br />said officers, all as of May 1, 1969. <br /> iY~(l ~ <br /> Mayor <br /> (Form of Coupon) <br />NO. $ <br />[Un1e~s the bond described below has been called for earlier <br /> redemption] <br /> On the lst day of May (Novemper), 19 , the Village <br />of New arighton, Ramsey County, Minnesota, wil~ pay to bearer <br />at The First National Bank of Saint Paul, Saint Paul, Minnesota <br />the sum shown hereon for the installment of interest then due <br />on its Temporary Improvement Bond of 1969, dated May l, 1969, <br />No. . <br /> #~Llr2.I/~~ =-~ <br /> Mayor <br />
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