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Res 25-050 - Relating to $1,570,000 General Obligation Improvemetns Bonds, Series 2025A
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Res 25-050 - Relating to $1,570,000 General Obligation Improvemetns Bonds, Series 2025A
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7/23/2025 10:20:13 AM
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7/10/2025 1:23:21 PM
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R- <br />Interest Rate <br />EXHIBIT A <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTIES OF HENNEPIN AND RAMSEY <br />CITY OF ST. ANTHONY <br />GENERAL OBLIGATION IMPROVEMENT BOND, <br />SERIES 2025A <br />Maturity Date Date of Original Issue <br />_% February 1, 20_ July 29, 2025 <br />REGISTERED OWNER: CEDE & CO. <br />PRINCIPAL AMOUNT: THOUSAND DOLLARS <br />CUSIP No. <br />CITY OF ST. ANTHONY, State of Minnesota (the "City") acknowledges itself to be indebted and <br />for value received hereby promises to pay to the registered owner specified above, or registered assigns, <br />the principal amount specified above on the maturity date specified above and promises to pay interest <br />thereon from the date of original issue specified above or from the most recent Interest Payment Date (as <br />hereinafter defined) to which interest has been paid or duly provided for, at the annual interest rate specified <br />above, payable on February 1 and August 1 in each year, commencing August 1, 2026 (each such date, an <br />"Interest Payment Date"), all subject to the provisions referred to herein with respect to the redemption of <br />the principal of this Bond before maturity. The interest so payable on any Interest Payment Date shall be <br />paid to the person in whose name this Bond is registered at the close of business on the fifteenth day <br />(whether or not a business day) of the calendar month preceding that in which such Interest Payment Date <br />occurs. Interest hereon shall be computed on the basis of a 360-day year composed of twelve 30-day <br />months. The interest hereon and, upon presentation and surrender hereof at the principal office of the agent <br />of the Registrar described below, the principal hereof are payable in lawful money of the United States of <br />America by check or draft drawn on Bond Trust Services Corporation, Roseville, Minnesota, as Bond <br />registrar, transfer agent and paying agent, or its successor designated under the Resolution described herein <br />(the "Registrar") or other agreed -upon means of payment by the Registrar or its designated successor. For <br />the prompt and full payment of such principal and interest as the same respectively come due, the full faith <br />and credit and taxing powers of the City have been and are hereby irrevocably pledged. <br />This Bond is one of an issue (the "Bonds") in the aggregate principal amount of $1,570,000 issued <br />pursuant to a resolution adopted by the City Council on July 8, 2025 (the "Resolution"), to finance various <br />improvement projects. This Bond is issued by authority of and in strict accordance with the provisions of <br />the Constitution and laws of the State of Minnesota thereunto enabling, including Minnesota Statutes, <br />Chapters 429 and 475. For the full and prompt payment of the principal of and interest on the Bonds as the <br />same become due, the full faith, credit and taxing power of the City have been and are hereby irrevocably <br />
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