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This bond is one of an issue in the total principal <br />• amount of $675,000 all of like date and tenor, except as to <br />serial number which bond has been issued pursuant to and in <br />full conformity with the Constitution and laws of the State of <br />Minnesota for the purpose of providing money for the <br />construction of various improvements in the City and is payable <br />out of the General Obligation Improvement Bonds of 1982 Fund of <br />the City to which fund there has been .irrevocably pledged the <br />special assessments levied in respect to the improvements <br />financed by said issue, and into which fund there are to be <br />paid the proceeds of the improvement bonds which the City is <br />required by law to issue at or prior to the maturity of this <br />bond for the purpose of refunding the same if the. special <br />assessments theretofore collected, or any other municipal funds <br />which are properly available and are appropriated by the City <br />Council for such purpose, are not sufficient for the payment <br />thereof. This bond constitutes a general obligation of the <br />City and to provide moneys for the prompt and full payment of <br />said principal and interest when the same become due, the full <br />faith and credit of the City have been and are hereby <br />irrevocably pledged. <br />_ • <br />IT IS HEREBY CERTIFIED AND RECITED that all acts, <br />conditions and things required by the Constitution and laws of <br />the State of Minnesota to be done, to happen and to be <br />performed, precedent to and in the issuance of this bond, have <br />been done, have happened and have been performed, in regular <br />and due form, time and manner as required by law, and this <br />bond, together with all other debts of the City outstanding on <br />the date hereof and the date of its actual issuance and <br />delivery does not exceed any constitutional or statutory <br />limitation of indebtedness. <br />IN WITNESS WHEREOF, the City of Falcon Heights, <br />Ramsey County, Minnesota, by its City Council has caused this <br />bond to be executed in its behalf by the facsimile signature of <br />the Mayor and the manual signature of the City Clerk, the <br />corporate seal of the City having been intentionally omitted as <br />permitted by law, and has caused the interest coupons to be <br />executed and authenticated by the facsimile signatures of said <br />officers, all as of October 16, 1982. <br />/s/ Dewan B. Barnes /s/ Facsimile ' <br />City Clerk Mayor -- <br />• <br />