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CC PACKET 02101998
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CC PACKET 02101998
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Last modified
12/30/2015 6:36:32 PM
Creation date
12/30/2015 6:36:19 PM
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SP Box #
22
SP Folder Name
CC PACKETS 1994-1998
SP Name
CC PACKET 02101998
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DORSEY & WHITNEY LLP <br /> • MINNEAPOLIS PILLSBURY CENTER SOUTH NEW YORK <br /> WASHINGTON,D.C. 220 SOUTH SIXTH STREET DENVER <br /> LONDON MINNEAPOLIS, MINNESOTA 55402-1498 <br /> SEATTLE <br /> BRUSSELS TELEPHONE: (612) 340-2600 <br /> HONG KONG FARCO <br /> FAX: (612) 340-2868 <br /> DES MOINES BILLINGS <br /> ROCHESTER MISSOULA <br /> COSTA MESA <br /> GREAT FALLS <br /> City of St. Anthony <br /> St. Anthony, Minnesota <br /> Re: $725,000 General Obligation Improvement Bonds, Series 1998A <br /> City of St. Anthony, Hennepin and Ramsey Counties, Minnesota <br /> Ladies and Gentlemen: <br /> As Bond Counsel in connection with the authorization, issuance and sale <br /> by the City of St. Anthony, Hennepin and Ramsey Counties, Minnesota (the "City"), of <br /> its General Obligation Improvement Bonds, Series 1998A dated, as originally issued, as <br /> of April 1, 1998,in the total principal amount of$725,000 (the 'Bonds"),we have <br /> examined certified copies of certain proceedings taken, and certain affidavits and <br /> certificates furnished, by the City in the authorization, sale and issuance of the Bonds, <br /> including the form of the Bonds. As to questions of fact material to our opinion we have <br /> assumed the authenticity of and relied upon the proceedings, affidavits and certificates <br /> furnished to us without undertaking to verify the same by independent investigation. <br /> From our examination of such proceedings, affidavits and certificates, and based upon <br /> laws,regulations, rulings and decisions in effect on the date hereof,it is our opinion <br /> that: <br /> 1. The Bonds are valid and binding general obligations of the City <br /> enforceable in accordance with their terms. <br /> 2. The principal of and interest on the Bonds are payable from special <br /> assessments which the City has levied or agreed to levy on the property specially <br /> benefited by the improvements financed by the issuance of the Bonds and ad valorem <br /> taxes levied on all taxable property in the City, and, to any extent not so paid, from <br />
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