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RES 85-054 RESOLUTION RELATING TO $2,125,000 GENERAL OBLIGATION TAX INCREMENT BONDS, SERIES 1985B; AWARDING THE SALE, FIXING THE FORM AND DETAILS, PROVIDING FOR THE EXECUTION THEREOF AND THE SECURITY THEREFOR AND LEVYING AD VALOREM TAXES FOR THE PAYMENT T
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RES 85-054 RESOLUTION RELATING TO $2,125,000 GENERAL OBLIGATION TAX INCREMENT BONDS, SERIES 1985B; AWARDING THE SALE, FIXING THE FORM AND DETAILS, PROVIDING FOR THE EXECUTION THEREOF AND THE SECURITY THEREFOR AND LEVYING AD VALOREM TAXES FOR THE PAYMENT T
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RES 1985
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RES 85-054 RESOLUTION RELATING TO $2,125,000 GENERAL OBLIGATION TAX INCREMENT BONDS, SERIES 1985B; AWARDING THE SALE, FIXING THE FORM AND DETAILS, PROVIDING FOR THE EXECUTION THEREOF AND THE SECURITY THEREFOR AND LEVYING AD VALOREM TAXES FOR THE PAYMENT T
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have been executed by the Bond Registrar by manual signature of <br /> one of its authorized representatives . <br /> IN WITNESS WHEREOF, the City of St . Anthony, Ramsey <br /> and Hennepin Counties, State of Minnesota, by its City Council , <br /> has caused this Bond to be executed by the facsimile signatures <br /> of the Mayor and the City Manager and by a printed facsimile of <br /> the official seal of the City and has caused this Bond to be <br /> dated as of the date set forth below. <br /> Dated: <br /> (Facsimile Signature) (Facsimile Signature) <br /> City Manager Mayor <br /> (Facsimile Seal ) <br /> CERTIFICATE OF AUTHENTICATION <br /> This is one of the Bonds delivered pursuant to the <br /> Resolution mentioned within . <br /> By <br /> Authorized Representative <br /> (Reverse of the Bonds] <br /> This Bond is one of an issue in the aggregate <br /> principal amount of $2 , 125 , 000 ( the Bonds) , issued pursuant to <br /> a resolution adopted by the City Council on December 4 , 1985 <br /> (the Resolution) to finance the public redevelopment costs <br /> incurred by the City in aid of a redevelopment project <br /> undertaken in a tax increment financing district in the City, <br /> and is issued pursuant to and in full conformity with the <br /> provisions of the Constitution and laws. of the State of <br /> Minnesota thereunto enabling, including Minnesota Statutes , <br /> Chapter 475 and Sections 462 . 585 and 273 . 77 . This Bond is <br /> payable primarily from the "Series 1985B Tax Increment Bond <br /> Account'' (the Bond Account) in the General Obligation Sinking <br /> Fund of the City, but the City is required by law to pay <br /> maturing principal hereof premium, if any, and interest hereon <br /> from any available funds of the City if moneys on hand in the <br /> • Bond Account are insufficient therefor . The Bonds are issuable <br /> -8- <br />
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