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• COUNTIES OF HENNEPIN AND RAMSEY
<br /> CITY OF ST. ANTHONY
<br /> GENERAL OBLIGATION STREET RECONSTRUCTION BOND, SERIES 2008A
<br /> No. R- $
<br /> Date of
<br /> Interest Rate Maturi Original Issue CUSIP
<br /> % February 1,20_ June 5,2008
<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,or registered assigns,the principal amount specified above, on
<br /> the maturity date specified above,with interest thereon from the date of original issue specified
<br /> above, or from the most recent interest payment date to which interest has been paid or duly
<br /> provided for, at the annual rate specified above. Interest hereon is payable on February 1 and
<br /> August 1 in each year,commencing February 1, 2009,to the person in whose name this Bond is
<br /> ® registered at the close of business on the 15th day(whether or not a business day) of the
<br /> immediately preceding month,all subject to the provisions referred to herein with respect to the
<br /> redemption of the principal of this Bond before maturity. The interest hereon and,upon
<br /> presentation and surrender hereof, the principal hereof, are payable in lawful money of the
<br /> United States of America by check or draft of Wells Fargo Bank,National Association,in
<br /> Minneapolis, Minnesota, as Bond Registrar,Transfer Agent and Paying Agent(the"Bond
<br /> Registrar"),or its successor designated under the Resolution described herein.
<br /> This Bond is one of an issue in the aggregate principal amount of$1,910,000(the
<br /> "Bonds"),issued pursuant to a resolution adopted by the City Council on May 13,2008 (the
<br /> "Resolution"),to provide funds to finance various street reconstruction projects pursuant to the
<br /> 5-Year Street Reconstruction Plan approved by the City Council in accordance with Minnesota
<br /> Statutes, Section 475.58, subdivision 3b, and is issued pursuant to and in full conformity with the
<br /> Constitution and laws of the State of Minnesota thereunto enabling, including Minnesota
<br /> Statutes, Chapter 475. The Bonds are issuable only as fully registered bonds in denominations of
<br /> $5,000 or any multiple thereof,of single maturities.
<br /> Bonds maturing in the years 2010 through 2015 are payable on their respective stated
<br /> maturity dates without option of prior payment,but Bonds having stated maturity dates in 2016
<br /> and later years are each subject to redemption and prepayment, at the option of the City and in
<br /> whole or in part, and if in part, in the maturities selected by the City and,within a maturity,in
<br /> $5,000 principal amounts selected by lot, on February 1, 2015 and on any date thereafter, at a
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