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CC RES 90-014 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AN DETAILS AND PROVIDING THE PAYMENT OF $315,000 GENERAL OBLIGATION EQUIPMENT CERRTIFICATES OF INDEBTEDNESS, SERIES 1990A
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CC RES 90-014 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AN DETAILS AND PROVIDING THE PAYMENT OF $315,000 GENERAL OBLIGATION EQUIPMENT CERRTIFICATES OF INDEBTEDNESS, SERIES 1990A
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RES 1990
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CC RES 90-014 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AN DETAILS AND PROVIDING THE PAYMENT OF $315,000 GENERAL OBLIGATION EQUIPMENT CERRTIFICATES OF INDEBTEDNESS, SERIES 1990A
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• binding general obligation of the Issuer in accordance with its <br /> terms, have been done, do exist, have happened and have been <br /> performed as so required; that, prior to the issuance hereof <br /> the Issuer has levied ad valorem taxes on all taxable property <br /> in the Issuer, which taxes will be collectible- for the years <br /> and in amounts sufficient to produce sums not less than 5% in <br /> excess of the principal of and interest on the Certificates of <br /> this issue when due, and has appropriated such taxes to the <br /> payment of such principal and interest; that if necessary for <br /> payment of such principal and interest, additional ad valorem <br /> taxes are required to be levied upon all taxable property in <br /> the Issuer, without limitation as to rate or amount; and that <br /> the issuance of this Certificate does not cause the <br /> indebtedness of the Issuer to exceed any constitutional or <br /> statutory limitation of indebtedness . <br /> (Form of certificate to be printed on the reverse <br /> side of each Certificate, following a full copy <br /> of the legal opinion) <br /> We certify that the above is a full, true and correct <br /> copy of the legal opinion rendered by Bond Counsel on the issue <br /> of General Obligation Equipment Certificates of Indebtedness , <br /> Series 1990A, of the City of Saint Anthony, Hennepin and Ramsey <br /> Counties, Minnesota, which includes the within Certificate, <br /> • dated as of the date of original delivery of and payment for <br /> the Certificates . <br /> (Facsimile Signature) (Facsimile Signature) <br /> City Manager Mayor <br /> The following abbreviations, when used in the <br /> inscription on the face of this Certificate, shall be construed <br /> as though they were written out in full according to applicable <br /> laws or regulations : <br /> TEN COM -- as tenants UTMA. . . . as Custodian for . . . . . <br /> in common (Cust) (Minor) <br /> TEN ENT -- as tenants <br /> by the entireties <br /> under Uniform Transfers to <br /> JT TEN -- as joint tenants Minors <br /> with right of <br /> survivorshipand Act . . . . . . . . . . . . . . . . . . . . . .. <br /> not as tenants in (State) <br /> common <br /> • <br /> -9- <br />
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