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60 <br /> of , and associates (the "Purchaser"), to purchase <br /> the Bonds at a price of$ , the Bonds to bear interest at the rates set forth in Section <br /> 3.01. The proposal is hereby accepted, and the Mayor and the City Manager are hereby <br /> authorized and directed to execute a contract on the part of the City for the sale of the Bonds with . <br /> the Purchaser. The good faith checks of the unsuccessful bidders shall be-returned forthwith. <br /> 1.04. Performance of Requirements. All acts, conditions and things which are <br /> required by the Constitution and laws of the State of Minnesota to be done, to exist, to happen <br /> and to be performed precedent to and in the valid issuance of the Bonds having been done, <br /> existing, having happened and having been performed, it is now necessary for this Council to <br /> establish the form and terms of the Bonds, to provide security therefor and to issue the Bonds <br /> forthwith. <br /> Section 2. Form of Bonds. The Bonds shall be prepared in substantially the <br /> following form: <br /> UNITED STATES OF AMERICA <br /> STATE OF MINNESOTA <br /> COUNTIES OF HENNEPIN AND RAMSEY <br /> CITY OF ST. ANTHONY <br /> • GENERAL OBLIGATION TAX ABATEMENT BOND, <br /> SERIES 2001 A <br /> Date of <br /> Interest Rate Maturity Original Issue CUSIP <br /> % February 1, February 1, 2001 <br /> REGISTERED OWNER: <br /> PRINCIPAL AMOUNT: DOLLARS <br /> THE CITY OF ST. ANTHONY, Hennepin and Ramsey Counties, Minnesota(the <br /> "City"), acknowledges itself to be indebted and, for value received, hereby promises to pay to the <br /> registered owner named above, or registered assigns, the principal amount specified above, on <br /> the maturity date specified above, with interest thereon from the date of original issue specified <br /> above, or from the most recent interest payment date to which interest has been paid or duly <br /> • -2- <br />