CC RES 12-093 RESOLUTION RELATING TO $1,400,000 GENERAL OLIGATION WATER AND SEWER REFUNDING BONDS, SERIES 2013A; AWARDING THE SALE, FIXING THE FORM AN DETAILS AND PROVIDING FOR THE SECURITY THEREFOR AND LEVYING AS VALOREM TAXES FOR THE PAYMENT THEREOF

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UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTIES OF HENNEPIN AND RAMSEY CITY OF ST. ANTHONY GENERAL OBLIGATION WATER AND SEWER REVENUE REFUNDING BOND, SERIES 2013A No. R- $ Interest Rate Maturity Date of CUSIP Original Issue February 1, 20_ January 8 , 2013 REGISTERED OWNER: CEDE & CO. PRINCIPAL AMOUNT: DOLLARS THE CITY OF ST. ANTHONY, Hennepin and Ramsey Counties, Minnesota (the "City"), acknowledges itself to be indebted and, for value received, hereby promises to pay to the registered owner named above, or registered assigns, the principal amount specified above, on the maturity date specified above, with interest thereon from the date of original issue specified above, or from the most recent interest payment date to which interest has been paid or duly provided for, at the annual rate specified above. Interest hereon is payable on February 1 and August 1 in each year, commencing August 1, 2013, to the person in whose name this Bond is registered at the close of business on the 15th day (whether or not a business day) of the immediately preceding month, all subject to the provisions referred to herein with respect to the redemption of the principal of this Bond before maturity. The interest hereon and, upon presentation and surrender hereof, the principal hereof, are payable in lawful money of the United States of America by check or draft of Bond Trust Services Corporation, in Roseville, Minnesota, as Bond Registrar, Transfer Agent and Paying Agent (the "Bond Registrar"), or its successor designated under the Resolution described herein. This Bond is one of an issue in the aggregate principal amount of$1,440,000 (the "Bonds"), issued pursuant to a resolution adopted by the City Council on December 11, 2012 (the "Resolution"), to refund certain of the City's outstanding general obligation water and sewer revenue bonds. This Bond is issued pursuant to and in full conformity with the provisions of the Constitution and laws of the State of Minnesota thereunto enabling, including Minnesota Statutes, Section 444.075 and Chapter 475. For the full and prompt payment of the principal and interest on the Bonds as the same become due, the full faith, credit and taxing power of the City have been and are hereby irrevocably pledged. The Bonds are issuable only as fully registered bonds in denominations of$5,000 or any multiple thereof, of single maturities. (a) Bonds maturing in the years 2014 through 2020 are payable on their respective stated maturity dates without option of prior payment, but Bonds having stated maturity dates in the -3-