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IT IS HEREBY CERTIFIED AND RECITED That all acts, con- <br />ditions, and things required by the Constitution and laws of the <br />State of Minnesota to be done, to happen, to exist, and to be <br />performed precedent to and in the issuance of this Certificate <br />of Indebtedness has been done, has happened, does exist, and <br />have been performed in regular and due form, time, and manner as <br />required by law; that prior to the issuance hereof, a direct, <br />annual, irreparable ad valorem tax upon all the taxable property <br />in the City has been levied for the years and in amounts at <br />least five per cent in excess of sums sufficient to pay this <br />Certificate and interest hereon when due, and additional taxes, <br />if needed, will be levied upon all such property without limita- <br />tion as to rate or amount; and this Certificate, together with <br />all other indebtedness of the City outstanding on the date <br />hereof and on the date of its actual issuance and delivery does <br />not exceed any constitutional or statutory limitation of <br />indebtedness. <br />IN TESTIMONY WHEREOF, The City of Lino Lakes, Anoka <br />County, Minnesota, by its City Council has caused this Certif- <br />icate of Indebtedness to be executed by the facsimile signature <br />of the Mayor and the manual signature of the City Clerk with the <br />City Seal, all as of May 1, 1989. <br />Ai <br />�. yam,. z-, <br />/ / Maril n Anderson <br />/s/ Benjamin Benson <br />City Clerk Mayor <br />(SEAL) <br />-4- <br />