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City for the sale of the Bonds with the Purchaser. The good faith checks of the unsuccessful <br /> • bidders shall be returned forthwith. <br /> 1.03. Issuance of Bonds. All acts, conditions and things required by the <br /> Constitution and laws of the State of Minnesota to be done, to exist, to happen and to be <br /> performed prior to the issuance of the Bonds have been done, do exist, have happened, and have <br /> been performed, wherefore it is now necessary for this Council to establish the form and terms of <br /> the Bonds, to provide for the security thereof, and to issue the Bonds 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 REFUNDING BOND, <br /> SERIES 2003D <br /> No. R- $ <br /> Date of <br /> Rate Maturity Original Issue CUSIP <br /> February 1, November 5, 2003 <br /> REGISTERED <br /> OWNER: CEDE & CO. <br /> PRINCIPAL <br /> 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 above named, the principal amount indicated above, on the maturity date <br /> specified above, with interest thereon from the date of original issue specified above at the <br /> annual rate specified above computed on the basis of a 360-day year consisting of twelve 30-day <br /> months, payable on February 1 and August 1 in each year, commencing August 1, 2004, to the <br /> person in whose name this Bond is registered at the close of business on the 15th day(whether or <br /> not a business day) of the immediately preceding month, all subject to the provisions referred to <br /> herein with respect to the redemption of the principal of this Bond before maturity. The interest <br /> hereon and, upon presentation and surrender hereof, the principal hereof, are payable in lawful <br /> money of the United States of America by check or draft of Wells Fargo Bank Minnesota, <br /> -2- <br />