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percent in excess of the principal of and interest on the Bonds when due, and has appropriated <br />the taxes to its General Obligation Capital Improvement Plan Refunding Bonds, Series 2010B <br />Bond Fund for the payment of principal and interest; that if necessary for payment of principal <br />and interest, additional ad valorem taxes are required to be levied upon all taxable property in the <br />City, without limitation as to rate or amount; and that the issuance of this Bond, together with all <br />other indebtedness of the City outstanding on the date hereof and on the date of its actual <br />issuance and delivery, does. not cause the indebtedness of the City to exceed any, constitutional or <br />statutory limitation of indebtedness. <br />This Bond shall not be valid or become obligatory for any purpose or be entitled to any <br />security or benefit under the Resolution until the Certificate of Authentication hereon shall have <br />been executed by the Registrar by manual signature of one of its authorized representatives. <br />IN WITNESS WHEREOF, the City of Lake Elmo, Minnesota, by its City Council, has <br />caused this Bond to be executed on its behalf by the facsimile signatures of the Mayor and City <br />Administrator. <br />CITY OF LAKE ELMO, MINNESOTA <br />4Facsimile Si ature�Cty Administrator) {Facsimile Signature- Mayor) - <br />CERTIFICATE OF AUTHENTICATION <br />This is one of the Bonds delivered -pursuant .to the Resolution mentioned within.. <br />Dated <br />NORTHLAND TRUST SERVICES, INC., <br />as Registrar <br />By <br />Authorized Representative <br />The following abbreviations, when used in the inscription on the face of this Bond, shall <br />be construed as though they were written out in full. according to the applicable laws or <br />regulations: <br />TEN COM ®- as tenants in common <br />TEN ENT -® as tenants by the entireties <br />UTMA ........................... as Custodian for ............. <br />(Cult) (Minor) <br />under Uniform Transfers to Minors Act .................. <br />10 <br />