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1987-045 Council Resolution
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1987-045 Council Resolution
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Last modified
10/24/2014 11:51:47 AM
Creation date
10/24/2014 11:40:30 AM
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City Council
Council Document Type
Master List Resolution
Meeting Date
08/24/1987
Council Meeting Type
Regular
Resolution #
87-045
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Bond is overdue or not, for the purpose of receiving payment and for all <br />other purposes, and neither the City nor the Bond Registrar shall be <br />affected by any notice to the contrary. <br />IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts, <br />conditions and things required by the City's home rule charter, the Consti- <br />tution and laws of the State of Minnesota, to be done, to exist, to happen <br />and to be performed preliminary to and in the issuance of this Bond in <br />order to make it a valid and binding general obligation of the City in <br />accordance with its terms, have been done, do exist, have happened and have <br />been performed as so required, and that the issuance of this Bond does not <br />cause the indebtedness of the City to exceed any charter, constitutional or <br />statutory limitation of indebtedness. <br />(Form of certificate to be printed on the reverse side of each Bond, <br />following a full copy of the legal opinion.) <br />I certify that the above is a full, true and correct copy of the legal <br />opinion rendered by bond counsel on the issue of Bonds of the City of Lino <br />Lakes, Minnesota, which includes the within Bond, dated as of the date of <br />delivery of and payment for the Bonds. <br />(Facsimile Signature) <br />City Clerk- Treasurer <br />The following abbreviations, when used in the inscription on the <br />face of this Bond, shall be construed as though they were written out in <br />full according to applicable laws or regulations: <br />TEN COM -- as tenants <br />in common <br />UNIF GIFT MIN ACT Custodian <br />(Cust) (Minor) <br />TEN ENT -- as tenants <br />by entireties under Uniform Gifts or <br />Transfers to Minors <br />JT TEN -- as joint tenants with <br />right of survivorship and <br />not as tenants in common <br />Act <br />(State) <br />Additional abbreviations may also be used though not in the <br />above list. <br />ASSIGNMENT <br />
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