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for Bonds of other authorized denominations. Upon such transfer or exchange, the City will <br />cause anew Bond or Bonds to be issued in the none of the transferee or registered owner, of the <br />same aggregate principal amount, bearing interest at the sane rate and maturing on the same <br />date, subject to reimbursement for any tax, fee or governmental charge required to be paid. with <br />respect to such transfer or exchange. <br />The City and. the Bond Registrar may deem and treat the person in whose name this Bond <br />is registered as the absolute owner hereof, whether this Bond is overdue or not, for the purpose <br />of receiving payment and for all other purposes, and neither the City nor the Bond Registrar shall <br />be affected by any notice to the contrary. <br />IT IS I11 1U.MY CERTIFIED, REC[TED, COVENAMIT-0 AND AGREED that all acts, <br />conditions and things required by the Constitution and laws of the State of Minnesota to be done, <br />to exist, to happen and to be performed precedent to and. in the issuance of this Bond in order to <br />make this Bond a valid and binding general obligation ofthe City according to its terms, have <br />been done, do exist, have happened and have been performed in regular and due form as so <br />required; that prior to the issuance hereof the City has levied or agreed to levy special <br />assessments or)property specially benefited by th.e Improvements and ad valorem taxes on all <br />taxable property in the City, collectible in the yeas and amounts required to produce sums not <br />less than 5% in excess of the principal of and interest on. the Bonds as such principal and interest <br />respectively become due, and has appropriated the sane to the Fund in the manner specified in <br />Minnesota Statutes, Section 429.091, Subdivision d; that, to lake care of any accumulated. or <br />anticipated deficiency in the Fund, additional ad valorem taxes are required by law to be levied <br />upon all taxable property in the City without limitation as to rate or amount; and that the issuance <br />of this Bond. does not cause the indebtedness of the City to exceed any constitatioinit or statutory <br />limitation. <br />This Bond. shall not be valid or become obligatory :for any purpose or be entitled to any <br />security or benefit under the Resolution until the Certificate of Authentication hereon shall have <br />been executed by the Bond Registrar by the manual signature of a person authorized. to sign on <br />its behalf.'. <br />IN WITNESS WHEREOF, the City of St. Anthony, Hennepin and Ramsey Counties, <br />Minnesota, by its City Council, has caused this Bond to be executed by the signatures of the <br />Mayor and the City Manager and has caused this Bond to be dated as of the date set forth below. <br />CITY OF ST. ANTHONY <br />City Manager <br />CERTIFICATE OF AUTHENTICATION <br />Mayor <br />F <br />