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91-072
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91-072
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8/4/2005 3:52:52 PM
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<br />Additional provisions of this Bond are contained on the reverse hereof and <br />such provisions for all purposes have the same effect as though fully set forth <br />in this place. <br /> <br />This Bond is not valid or obligatory for any purpose or entitled to any <br />security or benefit under the Resolution until the Certificate of Authentication <br />hereon has been executed by the Bond Registrar by manual signature of one of its <br />authorized representatives. <br /> <br />IN WITNESS WHEREOF, the City of New Brighton, Ramsey County, Minnesota, by <br />its City Council, has caused this Bond to be executed on its behalf by the <br />facsimile signatures of the Mayor and City Manager and has caused this Bond to <br />be dated as of the date set forth below. <br /> <br />Dated: <br /> <br />CITY OF NEW BRIGHTON, MINNESOTA <br /> <br />(facsimile) <br />City Manager <br /> <br />(facsimile) <br /> <br />Mavor <br /> <br />CERTIFICATE OF AUTHENTICATION <br /> <br />This is one of the Bonds delivered pursuant ':0 the Resolution mentioned <br />within. <br /> <br />By <br />Authorized Representative <br /> <br />[Reverse of the Bondl <br /> <br />This Bond is one of an issue in the aggregate principal amount of <br />$2,605,000 all of like original issue date and tenor, except as to number, <br />maturity date, redemption privilege, and interest rate, all issued pursuant to a <br />resolution adopted by the City Council on July 23, 1991 (the Resolution), for <br />the purpose of providing money ':0 defray the expenses incurred and to be <br />incurred in making local improvements, pursuant to and in full conformity with <br />the Constitution and laws of the State of Minnesota, including Minnesota <br />Statutes, Chapter 429, and the principal hereof and interest hereon are payable <br />primarily from special assessments ,levied or to be levied against property <br />specially benefited by local improvements and ad valorem taxes, as set forth in <br />the Resolution to which reference is made_ for a full statement of rights and <br />powers thereby conferred. The full faith and credit of the rity are irrevocably <br />pledged for payment of this Bond and the City Council has obligated itself to <br />levy additional ad valorem taxes on all taxable property in the City in the <br />event of any deficiency in special assessments and taxes pledged, which taxes <br />may be levied ~.ithout limitation as to rat"e or amount. The Bonds of th:l.s series <br />are issued only as fully registered Bonds in denominations of $5,000 or any <br />integral multiple thereof of single maturities. <br />
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