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<br />" <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 />ST A TE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />GENERAL OBLIGATION SEWER AND WATER REVENUE <br />BOND, SERIES 1994B <br /> <br />Rate <br /> <br />Maturity <br /> <br />Date of <br />Orip:inal Issue <br /> <br />CUSIP <br /> <br />July 1, 1994 <br /> <br />No. <br /> <br />$ <br /> <br />-' <br /> <br />The City of New Brighton, Minnesota, a duly organized and existing municipal <br />corporation in Ramsey County, Minnesota (City) , acknowledges itself to be indebted <br />and for value received hereby promises to pay to <br /> <br />or registered assigns, the principal sum of $ on the maturity date <br />specified above, with interest thereon from the date hereof at the annual rate <br />specified above, payable February 1 and August 1 in each year, commencing <br />February 1, 1995, to the person in whose name this Bond is registered at the close <br />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 <br />hereof, the principal hereof are payable in lawful money of the United States of <br />America by check or draft by , Minnesota, <br />as Bond Registrar, Paying Agent, Transfer Agent and Authenticating Agent, or its <br />designated successor under the Resolution described herein. For the prompt and <br />full payment of such principal and interest as the same respectively become due, the <br />full faith and credit and taxing powers of the City have been and are hereby <br />irrevocably pledged. <br /> <br />The City may elect on February 1, 2003 and on any day thereafter, to prepay <br />Bonds due on or after February 1, 2004. Redemption may be in whole or in part and <br />if in part, at the option of the City and in such order as the City shall determine and <br />within a maturity by lot as selected by the registrar. <br /> <br />Sl'fG71138 <br />n1J6-118 <br />