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, . ..! !. shall bear February 1 tively: interest at the rates per in the years and amounts annum and mature on as follows, respec- f I YEAR AMOUNT RATE YEAR AMO lJNT RATE 1986 $ 50,000 6.50 1992 $125,000 8.00 1987 $ 75,000 6.70 1993 $125,000 8.20 1988 $ 75,000 6.90 1994 $125,000 8.40 1989 $100,000 7.10 1995 $150,000 8.60 1990 $100,000 7.40 1996 $175,000 8.80 1991 $100,000 7.70 1997 $200,000 9.00 All Bonds maturing after February 1, 1990, shall be subject to prior redemption at the option of the City in inverse order of maturities on said date and on any interest payment date thereafter at a price of par plus accrued intl:rest to date of redemption. If not all of the principal amount of Bonds of the same matur i ty are called for prepayment, the Paying Agent/Registrar shall assign a separate number to each $5,000 multiple of each Bond of that maturity, shall select the prepayment amount by lot therefrom, and shall authenticate and deliver to each Registered Holder of a Bond partially prepaid thereby a new Bond in the principal amount not so prepaid. 3. Both principal of and interest on the Bonds shall be payable at Norwest Bank Minneapolis, N.A., in the City of Minneapolis, Minnesota, which shall also act as Bond Regis- trar and transfer and authenticating agent for the Bonds, or at the office of any duly appointed and qualified successor thereto (such agent or successor herein referred to as the "Bond Registrar"), and the City shall pay the reasonable charges of the Bond Registrar for such services. 4. form: The Bonds shall be in substantially the following No. R- $ UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF RAMSE Y CITY OF NEW BRIGHTON GENERAL OBLIGATION TAX INCREMENT BOND OF 1983, SERIES A FA TE OF INTE RES T MATURITY DATE DATE OF ISSUE CDS IP % Per Annum Due February 1, August 1, 1983 - 4 -