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22 <br /> performed precedent to and in the valid issuance of the Certificates having been done, existing, <br /> having happened and having been performed, it is now necessary for this Council to establish the <br /> form and terms of the Certificates, to provide security therefor and to issue the Certificates <br /> forthwith. <br /> Section 2. Form of Certificates. The Certificates shall be prepared in <br /> substantially the following form: <br /> UNITED STATES OF AMERICA <br /> STATE OF MINNESOTA <br /> COUNTY OF HENNEPIN <br /> CITY OF ST. ANTHONY <br /> GENERAL OBLIGATION EQUIPMENT CERTIFICATE OF INDEBTEDNESS, <br /> SERIES 2003C <br /> R- $ <br /> Date of <br /> Rate Maturity Original Issue CUSIP <br /> February 1, 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 the <br /> registered owner named above,the principal amount specified above, on the maturity date set <br /> forth above, without option of prior payment, with interest thereon from the date of original issue <br /> set forth above, at the annual rate set forth above computed on the basis of a 360-day year <br /> consisting of twelve 30-day months, on February 1 and August 1 in each year, commencing <br /> February 1, 2004, to the person in whose name this Certificate is registered at the close of <br /> business on the 15th day(whether or not a business day) of the immediately preceding month. <br /> The interest hereon and, upon presentation and surrender hereof, the principal hereof, are payable <br /> in lawful money of the United States of America by check or draft of Wells Fargo Bank <br /> Minnesota,National Association, in Minneapolis, Minnesota, as Bond Registrar, Transfer Agent <br /> and Paying Agent(the"Bond Registrar"), or its successor designated under the Resolution <br /> described herein. <br /> This Certificate is one of an issue in the aggregate principal amount of$320,000 <br /> (the"Certificates"), issued pursuant to a resolution adopted by the City Council on March 25, <br /> 2003 (the"Resolution") to finance the purchase of equipment for installation in the City's new <br /> municipal facilities and other capital equipment by the City, and is issued pursuant to and in full <br /> conformity with the provisions of the Constitution and laws of the State of Minnesota thereunto <br /> -2- <br />