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No. <br />�i <br />UNITED -STATES OF AMERICA <br />STATE OF MINNESOTA <br />WASHINGTON COUNTY <br />CITY OF LAKE ELMO <br />GENERAL OBLIGATION <br />IMPROVEMENT BOND OF 1983 <br />$5,000 <br />KNOW ALL PERSONS BY THESE PRESENT'S that the City of <br />Lake Elmo, Washington County, Minnesota, certifies that it is <br />indebted and for value received promises to pay to <br />bearer without option of prepayment, the principal sum of <br />FIVE THOUSAND DOLLARS <br />on the first day of December, 19 and to pay interest thereon <br />+. from the date hereof until the principal is paid at the rate of <br />-___________percent ( %) per annum, payable on the first <br />day of December, 1983 a7nff semiannually thereafter on the first <br />day of June and the first day of December in each year, <br />interest to maturity being represented by and payable in <br />accordance with and upon presentation and surrender of the <br />interest coupons hereto attached, as the same severally become <br />due. Both principal and interest are payable at <br />or any successor payincj ageRT_di71y <br />a p nt�"- act by Clie G t.y, �n arty coin or currency of -the United <br />States of America which at the time of payment is legal tender <br />for public and private debts. <br />This bond is one of an issue in the total principal <br />amount of $140,000 all of like date and tenor, except as to <br />serial number., maturity and interest rate, which bond has been <br />issued pursuant to and in full conformity with the Constitution <br />and laws of the State of Minnesota for the purpose of providing <br />money for the construction of various improvements in the City <br />and is payable out of the Genera]. Obligation Improvement Bonds <br />of 1983 Fund of the City. This bond constitutes a general <br />obligation of the City, and to provide moneys for the prompt <br />and full payment of the principal and interest when the same <br />become due, the full faith and credit and taxing powers of the <br />City have been and are hereby irrevocably pledged. <br />