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<br />.' <br /> <br />. . <br /> <br />It is hereby certified and recited and the City Council <br />has found: That the Project is an eligible "project" defined in <br />Section 474.02, Subd. la of the Act; that the issuance of the <br />Bond and the acquisition and installation of the Project will <br />promote the public welfare and carry out the purpos~s of the Act; <br />that the project has been approved by the Commissioner of Securi- <br />ties of the State of Minnesota as tending to further the purposes <br />and policies of the Act; that all acts, conditions and things <br />required to be done precedent to and in the issuance of this Bond <br />have been properly done, have happened and have been performed in <br />regular and due time, form and manner as required by law; and <br />that this Bond does not constitute a debt of the City within the <br />meaning of any constitutional or statutory limitation. <br /> <br />IN WITNESS WHEREOF, the City of New Brighton by its <br />City Council, has caused this Bond to be signed in its behalf by <br />the manual signatures of the Mayor and the City Manager and <br />sealed with the corporate seal of the City, all as of the ____ <br />day of ~ 1980. <br /> <br />CITY OF NEW BRIGHTON <br /> <br />(SEAL) <br /> <br />By <br /> <br />Mayor <br /> <br />And By <br />city Manager <br /> <br />(Form of Transfer) <br /> <br />For value received, the undersigned owner does hereby <br />assign and transfer the foregoing Bond to the named Assignee, and <br />the undersigned City Clerk of the city of New Brighton as bond <br />registrar hereby certifies that the foregoing Bond has been <br />transferred and registered on the bond register in the name of <br />such Assignee. <br /> <br />Name of <br />Assignee <br /> <br />Signature of <br />Owner <br /> <br />Signature of <br />City Clerk <br /> <br />Date of <br />Transfer on <br />Bond Register <br /> <br />-4- <br />