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Resolution 1341
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Resolution 1341
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7/8/2008 7:46:01 AM
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<br /> , , <br /> . . " <br /> water main and storm sewers on various streets in the City and <br /> refunding temporary improvement bonds issued in connection with <br /> such improvements; and this bond is payable primarily from <br /> special assessments to be collected from property specially <br /> benefited by such improvements, but constitutes a general obli- <br /> gation of the City for the prompt and full payment of which <br /> the full faith and credit of the City is hereby irrevocably <br /> pledged, and the City will levy ad valorem taxes if required <br /> for the payment of principal or interest when due, without <br /> limitation as to rate or amount. <br /> IT IS HEREBY CERTIFIED AND RECITED That all acts, <br /> conditions and things required by the Constitution and Laws of <br /> the State of Minnesota to be done, to happen, and to be performed <br /> precedent to and in the issuance of this bond have been done, <br /> have happened and have been performed in regular and due form, <br /> time and manner as required by law; and that this bond, together <br /> with all other indebtedness of the City outstanding on the date <br /> hereof and the date of its actual issuance and delivery, does not <br /> exceed any constitutional or statutory limitation. <br /> IN WITNESS WHEREOF, the City of New Brighton, Ramsey <br /> County, Minnesota, by its City Council, has caused this bond to <br /> be executed by the Mayor and the City Manager and sealed with <br /> the corporate seal of said City, and the interest coupons hereto <br /> attached to be executed and authenticated by the facsimile <br /> signatures of said officers, all as of May 1, 1974. <br /> Mayor <br /> City Manager <br /> (Seal) <br /> (Form of Coupon) <br /> No. $ <br /> [Unless the bond described below has been called for earlier redemption] <br /> On the 1st day of, February (August) , 19 , the City of <br /> New Brighton, Ramsey County, Minnesota, will pay to bearer at <br /> the amount shown hereon for interest then due on its Permanent <br /> Improvement Bond of 1974, dated May 1, 1974, No. . <br /> (Facsimile) <br /> Mayor <br /> (Facsimile) <br /> City Manager <br />
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