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<br />payment of the purchase price in accordance with the contract of sale heretofore made and <br />executed, and the Purchaser is not obligated to see to the application of the purchase price. <br /> <br />2.06. Temporary Bonds. The City may elect to deliver in lieu of printed defInitive <br />Bonds one or more typewritten temporary Bonds in substantially the form set forth in Section 3 <br />with such changes as may be necessary to reflect more than one maturity in a single temporary <br />bond. Upon the execution and delivery of defInitive Bonds the temporary Bonds will be <br />exchanged therefor and cancelled. <br /> <br />Section 3. <br /> <br />Form of Bond. <br /> <br />3.01. The Bonds will be printed or typewritten in substantially the following form: <br /> <br />[Face of the Bond] <br /> <br />No.R- <br /> <br />$ <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNfY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />GENERAL OBUGATION IMPROVEMENT BOND, SERIES 1999A <br /> <br />Rate <br /> <br />Maturity <br /> <br />Date of <br />Oristinal Issue <br /> <br />CUSIP <br /> <br />July 1, 1999 <br /> <br />Registered Owner: Cede & Co. <br /> <br />The City of New Brighton, Minnesota, a duly organized and eXlstmg municipal <br />corporation in Ramsey County, Minnesota (City), acknowledges itself to be indebted and for <br />value received hereby promises to pay to the Registered Owner specified above or registered <br />assigns, the principal sum of $ on the maturity date specified above, with interest <br />thereon from the date hereof at the annual rate specified above, payable February 1 and August 1 <br />in each year, commencing February 1, 2000, to the person in whose name this Bond is registered <br />at the close of business on the fifteenth day (whether or not a business day) of the immediately <br />preceding month. The interest hereon and, upon presentation and surrender hereof, the principal <br /> <br />DJK-164783 <br />NE136-149 <br />