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Resolution 1512
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Resolution 1512
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7/8/2008 7:46:08 AM
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<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 special <br /> assessments to be collected from property specially benefited by <br /> such improvements and taxes levied to pay the City's share of the <br /> costs of such improvements, but constitutes a general obligation <br /> of the City for the prompt and full payment of which the full faith <br /> and credit of the City is hereby irrevocably pledged, and the City <br /> will levy ad valorem taxes if required for the payment of principal <br /> or interest when due, without limitation as to rate or amount. <br /> IT IS HEREBY CERTIFIED AND RECITED That all acts, conditions <br /> and things required by the Constitution and Laws of the State of <br /> Minnesota to be done, to happen, and to be performed precedent to <br /> and in the issuance of this bond have been done, have happened and <br /> 'have been performed in regular and due form, time and manner as <br /> required by law; and that this bond, together with all other <br /> indebtedness of the City outstanding on the date hereof and the <br /> date of its actual issuance and delivery, does not exceed any <br /> constitutional or statutory limitation. <br /> IN WITNESS WHEREOF, the City of New Brighton, Ramsey County, <br /> Minnesota, by its City Council, has caused this bond to be executed <br /> by the Mayor and the City Manager, one ~y manual and one by facsimile <br /> signature, and sealed with the corporate seal of said City (or a <br /> facsimile thereof), and the interest coupons hereto attached to be <br /> executed and authenticated by the facsimile signatures of said <br /> officers, all as of April 1, 1975. <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 April (October) , 19 , the City of New <br /> 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 1975, dated April 1, 1975, No. . <br /> (Facsimile) <br /> Mayor <br /> (Facsimile) <br /> City Manager <br />
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