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<br />.- <br />. ." <br />.. <br /> <br />,,"-, <br /> <br />other than the City's interest in the Project pledged to the <br />Lender pursuant to the Pledge Agreement. Neither the Lender <br />nor any other person shall ever have the right to compel any <br />exercise of the taxing power of the City to pay the prin- <br />cipal of or interest on the Note or to enforce payment <br />against any property of the Ci ty . other than the property <br />pledged to the Lender as security 'for the Note pursuant to <br />the Pledge Agreement. <br /> <br />It is hereby certified and recited that the Project <br />constitutes a project within the meaning of Section 474.02, <br />Subdivision la, of the Act and that all conditions, acts, <br />and things required by the Constitution and laws of the <br />State of Minnesota to exist, to have happened, and to be <br />performed precedent to or in the issuance of this Note do <br />exist, have happened, and have been performed in regular and <br />due form, time, and manner as required by law. <br /> <br />IN WITNESS WHEREOF, the City of New Brighton, Minnesota, <br />has caused this Note to be duly executed by the manual sig- <br />natures of its Mayor and City Manager; has caused said sig- <br />natures to be attested by the manual signature of the City <br />Clerk-Treasurer; has caused the official seal of the City to <br />be omitted herefrom, as permitted by law; and has caused <br />this Note to be dated December , 1985. <br /> <br />CITY OF NEW BRIGHTON, MINNESOTA <br /> <br />Mayor <br /> <br />-- -.' '...... '.... ~ <br /> <br />. - <br />:..~'TTEST-= <br /> <br />-. . ~ <br /> <br />/l7t~ <br /> <br /> <br />;0 ~ S <br />