Agenda Packets - 1988/01/11 - Laserfiche WebLink

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(?Orm of Certificate) CERTIFICATE AS TO LEGAL OPINION i, Donald F. Pauley, Clerk -Administrator of Mounds View, Minnesota, certify that except for the date line, the above Is a full, true and compared copy of tegal Opinion of Holmes & Minneota,lwhich was delivered to me upon d GI ery of the bondsraven, Chartered, and is nof owonfile In my office. (Fecsimilej Clerk-Adminlstra 'or* The City of Mounds View 3.02. As long as any of the Bonds issued hereunder shall remain outstanding, the Issuer shall cause to be kept at the principal office of the Registrar the Register in which, subject to such reasonable regulations as the Registrar may prescribe, the Registrar shall provide for the registration of Bonds and the registration of transfers of Bonds. is hereby appointed Registrar, Transfer Agent and Paying Agent with respect to the Bonds. Upon surrender for transfer of any Bond with a written Instrument of transfer satisfactory to the Registrar, duly execu!ed by the registered owner or his duly authorized attorney, and upon payment of any tax, fee or other governmental charge required to be paid with :aspect to such transfer, the issuer shall execute and the Registrar shall authenticate and deliver, in the game of the designated transferee or transferees, one or more fully registered Bonds of any authorized L denominations and of a like aesregate principal amount, interest rate and maturity. Any Bonds, upon surrender thereof at the office of the Registrar may, at the option of the registered thereof, be exchanged erual fntuleamountoBonds of the samemrturityand interest rate oany authorized denominations. in all cases In which the privilege of exchanging or transferring fully registered Bonds is exercised, the issuer shall execute and the Registrar shall deliver Bonds in accordance with the provisions of this Resolution. For every such exchange or transfer of Bonds, whether temporary or definitive, the Issuer or the bond Registrar may make a charge sufficient to reimburse it for any tax, fee or other governmental charge required to be paid with respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such exchange or transfer as a condition precedent to the exercise of the privilege of making such exchange or transfer. Notwithstanding any other provision of this Resolution, the cost of preparing each new Bond upon each exchange or transfer, and any other expenses of the issuer or the Bond Registrar incurred in connection therewith (except any applicable tax, fee or other govern menial charge) shell be paid by the Issuer. The Issuer shall not be obligated to make any such exchange or transfer of Bonds during the fifteen (15) days next preceding the date of the first publication of notice of redemption In the case of a proposed redemption of Bonds. The Issuer and the Registrar shall not be required to make any transfer or exchange of any Bonds called for redemption. 3.03. Interest on any Bond which is payabie, and Is punctually paid or duly providei for, on any interest payment date shall be paid to the person In whose name that Bond (ur one or more Bonds for which such bond was exchanged) is re& tared at the close of business on the preceding January 15 and July 15, as the case may be. Any Interest on any Bond which is payable, but Is not punctually paid n'