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<br />. . '" .. <br /> <br />. <br /> <br /> <br /> <br /> <br /> <br />IN WITNESS WHEREOF, the City of New Brighton, Ramsey <br />County, Minnesota, by its City Council, has caused this bond to be <br />executed by the Mayor and City Manager, one by manual and one by <br />facsimile signature, and a facsimile of the corporate seal of the <br />City to be printed hereon, and the interest coupons hereto attached <br />to be executed by the facsimile signatures of said officers, all <br />as of May 1, 1977. <br /> <br /> <br />~l"~a~~;;;",/~ _/ <br /> <br /> <br /> <br /> <br />ci ty Manager! <br /> <br /> <br />(Seal) <br /> <br /> <br /> <br />(Form of Coupon) <br /> <br />~. $ <br /> <br />[Unless the bond described below has been called for earlier redemp- <br />tion] <br /> <br />On the 1st day of May (November), 19 , the City of New <br />Brighton, Ramsey County, Minnesota, will pay to bearer at <br />the sum <br />shown hereon for the installment of interest then due on its <br />Temporary Improvement Bond of 1977, dated May 1, 1977, No. . <br /> <br /> <br />(Facsimile Signature) <br />Mayor <br /> <br /> <br />(Facsimile Signature) <br />City Manager <br /> <br /> <br />5. The City Manager is directed to cause said bonds to <br />be prepared and the Mayor and City Manager are authorized and <br />directed to execute the same, one by manual and one by facsimile <br />signature, to cause a facsimile of the City seal to be printed <br />on each bond, and to cause the interest coupons to be executed by <br />their facsimile signatures. Upon request of the purchaser, a copy <br />of the approving legal opinion of Messrs. Faegre & Benson, Minne- <br />apolis, Minnesota, may be printed on the reverse side of each bond <br />and certified by the facsimile signature of the City Clerk. Upon <br />receipt of the legal opinion and payment for the bonds, the Clerk <br />and Treasurer shall deliver the bonds to the purchaser, and the <br />purchaser shall not be obligated to see to the proper application <br />of the purchase price. <br /> <br />6. There is hereby created a special fund to be known <br />as Temporary Improvement Bonds of 1977 Fund, which shall be held <br />and used by the Treasurer for no other purpose than to pay principal <br />and interest on said bonds; and there shall be credited to said <br />fund the proceedS from assessments and taxes collected for the <br />payment of Improvements Nos. 77-4, 77-5, 77-6 and 77-7, municipal <br />funds which are appropriated to the payment of said improvements <br />and the proceeds of definitive improvement bonds as provided for in <br />paragraph 7 hereof. <br /> <br /> <br /> <br />-4- <br />