Laserfiche WebLink
14 <br /> further terms and conditions set forth in this Resolution. The proposal is hereby accepted, and <br /> the Mayor and the City Manager are hereby authorized and directed to execute a contract on the <br /> part of the City for the sale of the Bonds with the Purchaser. The good faith checks of the <br /> unsuccessful bidders shall be returned forthwith. <br /> 1.03. 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 /> 1.04. Maturities of Bonds. The Council hereby finds that the maturities of the <br /> Bonds as set forth in Section 3.01 hereof are warranted by the anticipated collections of special <br /> assessments and ad valorem taxes levied and to be levied for the payment of the Bonds as <br /> provided in Section 4 hereof. <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 RvIPROVEMENT BOND, SERIES 2003A <br /> No. R- $ <br /> Date of <br /> Interest Rate Maturity Original Issue CUSIP <br /> April 16, 2003 <br /> REGISTERED OWNER: CEDE & CO. <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 <br /> the registered owner named above, or registered assigns, the principal amount specified above, <br /> on the maturity date specified above, with interest thereon from the date of original issue <br /> specified above, or from the most recent interest payment date to which interest has been paid or <br /> duly provided for, at the annual rate specified above. Interest hereon is payable on February 1 <br /> and August 1 in each year, commencing February 1, 2004, to the person in whose name this <br /> Bond is registered at the close of business on the 15th day(whether or not a business day) of the <br /> -2- <br />