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<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 pr in- <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 <br />signatures of its Mayor and Ci ty Manager: has caused said <br />signatures to be attested by the manual signature of the <br />City Clerk-Treasurer; has caused the official seal of the <br />City to be omitted herefrom, as permitted by law: and has <br />caused this Note to be dated December , 1985. <br /> <br />__'...... '0- .... '.... <br /> <br />CITY OF NEW BRIGHTON, MINNESOTA <br /> <br />-- <br /> <br />Mayor <br /> <br />ATTEST: <br /> <br />1~~/ <br />y Manager <br /> <br />~tk <br />lty Clerk-Treasurer <br /> <br />A_ - S <br />