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t <br /> purpose of receiving payment and for all other purposes, and neither the City nor the Bond <br /> • Registrar shall be affected by any notice to the contrary. <br /> IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that <br /> all acts, conditions and things required by the Constitution and laws of the State of Minnesota to <br /> be done, to exist, to happen and to be performed precedent to and in the issuance of this Bond in <br /> order to make this Bond a valid and binding general obligation of the City according to its terms, <br /> have been done, do exist,have happened and have been performed in regular and due form as so <br /> required; as provided by Minnesota Statutes, Section 429.091, subdivision 5, to the extent that <br /> the principal and interest on this Bond cannot be paid when due from receipts of special <br /> assessments, taxes or other funds appropriated for this purpose, they shall be paid from the <br /> proceeds of improvement bonds or additional temporary improvement bonds which the City <br /> Council of the City shall offer for sale in advance of their maturity; and that the issuance of this <br /> Bond does not cause the indebtedness of the City to exceed any constitutional or statutory <br /> limitation. <br /> This Bond shall not be valid or become obligatory for any purpose or be entitled <br /> to any security or benefit under the Resolution until the Certificate of Authentication hereon shall <br /> have been executed by the Bond Registrar by the manual signature of a person authorized to sign <br /> on its behalf. <br /> IN WITNESS WHEREOF, the City of St. Anthony, Hennepin and Ramsey <br /> Counties, Minnesota, by its City Council, has caused this Bond to be executed by the signatures <br /> of the Mayor and the City Manager and has caused this Bond to be dated as of the date set forth <br /> below. <br /> CITY OF ST. ANTHONY <br /> City Manager Mayor <br /> -4- <br />