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to exist, to happen and to be performed precedent to and in the issuance of this Bond in order to <br />make this Bond a valid and binding general obligation of the City according to its terms, have <br />been done, do exist, have happened and have been performed in regular and due form as so <br />required; that prior to the issuance hereof the City has levied or agreed to levy special <br />assessments on property specially benefited by the Improvements and ad valorem taxes on all <br />taxable property in the City, collectible in the years and amounts required to produce sums not <br />less than 5% in excess of the principal of and interest on the Bonds as such principal and interest <br />respectively become due, and has appropriated the same to the Fund in the manner specified in <br />Minnesota Statutes, Section 429.091, Subdivision 4; that, to take care of any accumulated or <br />anticipated deficiency in the Fund, additional ad valorem taxes are required by law to be levied <br />upon all taxable property in the City without limitation as to rate or amount; and that the issuance <br />of this Bond does not cause the indebtedness of the City to exceed any constitutional or statutory <br />limitation. <br /> <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 Bond Registrar by the manual signature of a person authorized to sign on <br />its behalf. <br /> <br /> IN WITNESS WHEREOF, the City of St. Anthony, Hennepin and Ramsey Counties, <br />Minnesota, by its City Council, has caused this Bond to be executed by the signatures of the <br />Mayor and the City Manager and has caused this Bond to be dated as of the date set forth below. <br /> <br /> CITY OF ST. ANTHONY <br /> <br /> <br /> <br />_________________________________ __________________________________ <br /> City Manager Mayor <br /> <br />_________________________ <br /> <br />CERTIFICATE OF AUTHENTICATION <br /> <br /> This is one of the Bonds delivered pursuant to the Resolution mentioned within. <br /> <br />Date of Authentication: ___________ <br /> <br /> BOND TRUST SERVICES CORPORATION, <br /> Roseville, Minnesota, as Bond Registrar <br /> <br /> <br /> By _______________________________ <br /> Authorized Representative <br /> <br />_________________________ <br />40