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STATES F AMERICA <br /> UNITED STA S O • <br /> STATE OF MINNESOTA <br /> COUNTIES OF HENNEPIN AND RAMSEY <br /> CITY OF ST. ANTHONY <br /> GENERAL OBLIGATION TAX <br /> INCREMENT BOND, SERIES 1995B <br /> Date of <br /> Rate Maturity Original Issue CUSIP <br /> December 1, 1995 <br /> REGISTERED <br /> OWNER: <br /> PRINCIPAL <br /> AMOUNT: DOLLARS <br /> THE CITY OF ST. ANTHONY, Hennepin and Ramsey Counties, <br /> Minnesota (the "City"), acknowledges itself to be indebted and, for value received, <br /> hereby promises to pay to the registered owner above named, the principal amount <br /> indicated above, on the maturity date specified above, with interest thereon from <br /> the date of original issue set forth above at the annual rate specified above computed <br /> on the basis of the number of days elapsed in a 360-day year consisting of twelve 30- <br /> day months, payable on February 1 and August 1 in each year, commencing <br /> February 1, 1996, to the person in whose name this Bond is registered at the close of <br /> business on the 15th day (whether or not a business day) of the immediately <br /> preceding month, all subject to the provisions referred to herein with respect to the <br /> redemption of the principal of this Bond before maturity. The interest hereon and, <br /> upon presentation and surrender hereof, the principal hereof, are payable in lawful <br /> money of the United States of America by check or draft of <br /> as Bond <br /> Registrar, Transfer Agent and Paying Agent (the "Bond Registrar"), or its successor <br /> designated under the Resolution described herein. <br /> This Bond is one of an issue in the aggregate principal amount of <br /> $2,650,000 all of like date and tenor except as to serial number, interest rate, <br /> redemption privilege and maturity date, issued pursuant to a resolution adopted by <br /> the City Council on November 27, 1995 (the "Resolution")-to finance a portion of <br /> -3- <br />