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<br />officer had remained in office until delivery. Notwithstanding such execution, a Bond will not be <br />valid or obligatory for any purpose or entitled to any security or benefit Wlder this Resolution <br />unless and Wltil a certificate of authentication on the Bond has been duly executed by the manual <br />signature of an authorized representative of the Registrar. Certificates of authentication on different <br />Bonds need not be signed by the same representative. The executed certificate of authentication on <br />a Bond is conclusive evidence that it has been authenticated and delivered Wlder this Resolution. <br />When the Bonds have been so prepared, executed and authenticated, the City Finance <br />Director/Clerk will deliver the same to the Purchaser upon payment of the purchase price in <br />accordance with the contract of sale heretofore made and executed, and the Purchaser is not <br />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 Bonds <br />one or more typewritten temporary Bonds in substantially the form set forth in Section 3 with such <br />changes as may be necessary to reflect more than one maturity in a single temporary bond. Upon <br />the execution and delivery of definitive Bonds the temporary Bonds will be exchanged therefor and <br />cancelled. <br /> <br />Section 3. Form of Bond. <br /> <br />3.01. The Bonds will be printed in substantially the following form: <br /> <br />[Face of the Bond] <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br />GROSS REVENUE GOLF COURSE <br />BO~,SERlESI999C <br /> <br />Rate <br /> <br />Maturity <br /> <br />Date of <br />Original Issue <br /> <br />CUSIP <br /> <br />August 1, 1999 <br /> <br />No. <br /> <br />$ <br /> <br />Registered Owner: Cede & Co. <br /> <br />The City of New Brighton, Mitmesota, a duly organized and existing municipal corporation <br />in Ramsey COWlty, Minnesota (City), acknowledges itself to be indebted and for value received <br />hereby promises to pay to the Registered Owner specified above or registered assigns, the principal <br />smn of $ on the maturity date specified above, with interest thereon from the date <br />hereof at the annual rate specified above, payable May 1 and November 1 in each year, com- <br />DJK-165146 <br />NE136.152 <br />