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Please insert social security or other <br />identifying number of assignee <br />PROVISIONS AS TO REGISTRATION <br />The ownership of the principal of and interest on the within Bond has been registered on <br />the books of the Registrar in the name of the person last noted below. <br />Signature of <br />Date of Registration Registered Owner Officer of Regis <br />Cede & Co. <br />Federal ID 413- 2555119 <br />3.02. The City Administrator is authorized and directed to obtain a copy of the <br />proposed approving legal opinion of Kennedy & Graven, Chartered, Minneapolis, Minnesota, <br />which is to be complete except as to dating thereof and cause the opinion to be printed on or <br />accompany each Bond. <br />Section 4. Payment: Security, Pledges and Covenants. <br />4.01. (a) The Bonds are payable from the General Obligation Improvement <br />Bonds, Series 2002A Debt Service Fund (Debt Service Fund) hereby created, and the <br />proceeds of special assessments (Assessments) levied for improvements financed by the <br />Temporary Bonds (Improvements) are hereby pledged to the Debt Service Fund. <br />(b) The debt service fund, if any, heretofore established for the <br />Temporary Bonds as defined in the resolution providing for the issuance and sale of the <br />Bonds, is terminated, and all monies therein are hereby transferred to the Debt Service <br />Fund herein created. If a payment of principal or interest on the Bonds becomes due <br />when there is not sufficient money in the Debt Service Fund to pay the same, the City <br />Finance Director will pay such principal or interest from the general fund of the City, and <br />the general fiend will be reimbursed for those advances out of the proceeds of the Taxes <br />levied by this resolution, and Assessments when collected. <br />(c) There is hereby appropriated to the Debt Service Fund (i) <br />capitalized interest financed from Bond proceeds, if any, (ii) any amount over the <br />DJG- 212553v1 <br />LA515 -2 <br />