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<br />IN WITNESS WHEREOF, the City of New Brighton, Ramsey County, Minnesota, by its <br />City Council, has caused this Bond to be executed on its behalf by the facsimile or manual <br />signatures of the Mayor and City Manager and has caused this Bond to be dated as of the date <br />set forth below. <br /> <br />Dated: <br /> <br />CITY OF NEW BRIGHTON, <br />MINNESOTA <br /> <br />(Facsimile) <br />City Manager <br /> <br />(Facsimile) <br /> <br />Mayor <br /> <br />CERTIFICATE OF AUTHENTICA nON <br /> <br />This is one of the Bonds delivered pursuant to the Resolution mentioned within. <br /> <br />By <br /> <br />Authorized Representative <br /> <br />[Reverse of the Bond] <br /> <br />This Bond is one of an issue in the aggregate principal amount of $1,565,000 all of like <br />original issue date and tenor, except as to number, maturity date, redemption privilege, and <br />interest rate, all issued pursuant to a resolution adopted by the City Council on January 14, 1997 <br />(the Resolution), for the purpose of providing money to aid in financing the public redevelopment <br />costs of a project (Project) in Tax Increment Financing Districts (Districts) in the City, pursuant <br />to and in full conformity with the Constitution and laws of the State of Minnesota, including <br />Minnesota Statutes, Sections 469.174 to 469.179, the Minnesota Tax Increment Financing Act, <br />and Minnesota Statutes, Sections 469.124 through 469.134 and the principal hereof and interest <br />hereon are payable primarily from tax increments resulting from increases in assessed valuation <br />of real property in the Project in the Districts, as set forth in the Resolution to which reference <br />is made for a full statement of rights and powers thereby conferred. The full faith and credit of <br />the City are irrevocably pledged for payment of this Bond and the City Council has obligated <br />itself to levy ad valorem taxes on all taxable property in the City in the event of any deficiency <br />in tax increments pledged, which taxes may be levied without limitation as to rate or amount. <br />The Bonds of this series are issued only as fully registered Bonds in denominations of $5,000 or <br />any integral multiple thereof of single maturities. <br />