Laserfiche WebLink
<br />2.05. Execution. Authentication and Delivery. The Bonds will be prepared under the <br />direction of the City Finance Director-Clerk and executed on behalf of the City by the signatures <br />of the Mayor and the City Manager, provided that all signatures may be printed, engraved or <br />lithographed facsimiles of the originals. If an officer whose signature or a facsimile of whose <br />signature appears on the Bonds ceases to be such officer before the delivery of any Bond, that <br />signature or facsimile will nevertheless be valid and sufficient for all purposes, the same as if the <br />officer had remained in office until delivery. Notwithstanding such execution, a Bond will not <br />be valid or obligatory for any purpose or entitled to any security or benefit under this Resolution <br />unless and until 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 <br />different Bonds need not be signed by the same representative. The executed certificate of <br />authentication on a Bond is conclusive evidence that it has been authenticated and delivered under <br />this Resolution. When the Bonds have been so prepared, executed and authenticated, the City <br />Finance Director-Clerk will deliver the same to the Purchaser upon payment of the purchase price <br />in 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. Temoorary 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 matwity 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 />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />$ <br /> <br />GENERAL OBLIGA nON TAX INCREMENT BOND, SERIES 1997C <br /> <br />Rate <br /> <br />Maturity <br /> <br />Original Issue <br /> <br />CUSIP <br /> <br />February 1, 1997 <br /> <br />OJK115935 <br />NE136-137 <br />