Agenda Packets - 1988/01/11 - Laserfiche WebLink

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a date and tenor except for number, interest rate, denomination, date of maturity ng funds to �. and redemption privilege, andIssureded for the purp(ent costs,epursuof antt ti0 Minnesota finance or otherwise pay public Development District No. 1 established by Statutes, Sections 469.124 to 469.134, of the City pursuant to Minnesota Statutes, Sections 469.124 to 469.134, and pursuant the City Council of the to an authorizing resolution (the "Resolution') adopted by aMinnesota, Including Minnesota Statutes, [tnstitutn and laws of8the 13, aStat of pursuant co Chapter 475 and Sections 479.174 to 469.179. The Bonds of this series are payable from the Taxable General Obligation 1988A Fund of the City (the "Bond Fund') to which has Tax Incrament Bonds, Series been pledged certain tax increment generated from Tax Increment Development All taxable property within the City is also subject to District No. I of the City. the levy of direct general ad valorem taxes required by low to be levied and needed twithout extended If s purpose, does cause th2indebtedness of the City t exceed any issuance of this bond constitutional or statutory limitation thereon. As provided to the Resolution, and subject to certain limitations set forth upon the booksof theCitykeptor thatpurpose therein, this Bond Is transferable ef person or at the principal office of the Registrar, by registered owner upon surrender of this Bond by such owner's attorney duly authorized to writing, instrument of trarsfer satisfactory to the Registrr, duly together with a written executed by the registered owner or such owner's duly authorized attorney. Upon charge required to such transfer and 'he payment of acy tax, fee or governmental nsr, re will be CityaRegistrar t espect to such a be paid by the Bond or BoM_s ofthe sameeaggregate transferee a new Bond Issued In the name ofrthe principal amount as the surrendered Bond. The Bonds of this series are tssuable only as fully registered bonds without thereof not exceeding coupons in denominations of $5,000 or any Integral multiple As provided in the Resolution and the principal amount maturing in any one year. subject to certain limitations therein set forth, the Bonds of this series are of Bonds of this series of a exchangeable for a like aggregate principal amount denomination, as requested the t owner or his duly Regist ar�ered different authorized he authorized attorney, upon surrender hereof to the It Is hereby Certified and Recited that all acts, conditions and things by the Constitution and laws of the State of Minnesota to be done, to binding required exist, to happen and to be performed in order to make this Bond a valid and to its terms, have been done, do exist, general obligation of the City according happened and have been performed In due form, time and manner as so have required. This Bond shall not be valid or become obligatory for any purpose until the hereon shall have been manualy signed by a person Certificate of Anthentication authorized to sign on behalf of the Registrar. IN WITNESS WHEREOF, The City of Mounds View, Minnesota has caused of ttf and its Clerk with aa of the Nominal Date toflOriginal issudtures this . to e specified above.or Admn fist a orehotheuted FI