Resolution 2006-015 - Laserfiche WebLink

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Term Bonds Maturing in 2008 Sinking Fund Aggregate Payment Date Principal Amount 12/1/06 $40,000 12/1/07 39,000 12JI108 (maturity) 40,000 Terra Bonds Maturing in 2015 Sinking fund Aggregate Payment Date Principal Amount 12/1/12 $46,000 12/1/13 48,000 12/1/14 50,000 12/1/15 (maturity) 52,000 Term Bonds Maturing in 201.1. Sinking Fund Aggregate Payment Date Principal Amount 12/1/09 $41,000 12/1/10 43,00€1 12/1/11 (maturity) 44,000 Notice of redemption shall be given as provided in the preceding paragraph. As provided in the Resolution and subject to certain limitations set forth therein, this Obligation is transferable upon the books of the City at the principal office of the Registrar, by- the registered) owner Hereof In person or by the owner's at 0miney duly authorized in -xwiting upon surrender hereof together with a written instrument of transfer satisfactory to the Registrar, duly executed by the registered owner or the owner's attorney, and may also be surrendered in exchange for Obligations of other authorized denominations. Upon such transfer or exchange the City will cause a new Obligation or Obligations to be issued in the name of the transferee or registered owner, of the same aggregate principal amount, bearurg interest at the same rate and maturing on the same date, subject to reimbursement for any tax., fee or governmental charge required to be paid with respect to such transfer or exchange. The Obligations have been designated as "qualified tax - exempt obligations" pursuant to Section 265(b)(3) of the Internal Revenue Code of 1986, as amended. The City and the Registrar may deem and treat the person in whose name this Obligation is registered as the absolute owner hereof, whether this Obligation is overdue or not, for the purpose of receiving payment and for all other purposes, and neither the City nor the Registrar shall be affected by any notice to the contrary. IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts, conditions and things required by the Constitution and laws of the State of Minnesota to be done, to exist, to happen and to be performed preliminary to and in the issuance of this Obligation in order to make it a valid and binding general obligation of the City in accordance with its terms, have been done, do exist, have happened and have been performed as so required; that, prior to