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LA515-142-950087.v1 <br />payment on such Bond and/or principal amount due thereon at a stated maturity (or if irrevocable provision shall have been made for permitted prior redemption of such principal amount, at such <br />earlier redemption date). If any Bond should not be paid when due, it may nevertheless be <br />discharged by depositing with the Registrar a sum sufficient for the payment thereof in full with interest accrued to the date of such deposit. Section 10. Effective Date. This resolution shall be in full force and effect from and <br />after its passage. <br /> The motion for the adoption of the foregoing resolution was duly seconded by member <br />_____________ and, after full discussion thereof and upon a vote being taken thereon, the <br />following voted in favor thereof: <br /> <br />and the following voted against the same: <br /> <br />Approved this 16th day of July, 2024, by the City Council of the City of Lake Elmo, Minnesota. <br /> <br /> CITY OF LAKE ELMO, MINNESOTA <br /> _________________________________ <br /> Mayor ATTEST: <br /> <br /> ________________________________ City Clerk