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11 <br />"Treasury Regulations" means the income tax regulations promulgated by the United <br />States Department of the Treasury under the Code and applicable to the Bonds. <br />Section 2. Form of Bonds. The Bonds shall be prepared in substantially the following <br />form: <br />UNTTED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTIES OF HENNEPIN AND RAMSEY <br />HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF ST. ANTHONY <br />TAX INCREMENTREVENUE, BOND <br />(SILVER LAKE VILLAGE PHASE IA HOUSING) <br />SERIES 2007 <br />Interest Date of <br />Rate Maturity Original Issue CUSIP <br />February 1, 2007 <br />REGISTERED OWNER: <br />PRINCIPAL AMOUNT: DOLLARS <br />THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF ST. <br />ANTHONY, Hennepin and Ramsey Counties, Minnesota (the "Authority"), acknowledges itself <br />to be indebted and, for value received, hereby promises to pay to the registered owner named <br />above, or registered assigns, the principal amount specified above, on the maturity date specified <br />above, with interest thereon from the date of original issue specified above, or from the most <br />recent interest payment date to which interest has been paid or duly provided for, at the annual <br />rate specified above. Interest hereon is payable on February 1 and August I in each year, <br />commencing August 1, 2007, to the person in whose name this Bond is registered at the close of <br />business on the 15th day (whether or not a business day) of the immediately preceding month, all <br />subject to the provisions referred to herein with respect to the redemption of the principal of this <br />Bond before maturity. The interest hereon and, upon presentation and surrender hereof, the <br />principal hereof, are payable in lawful money of the United States of America by check or draft <br />of Bond Trust Services Corporation, in Roseville, Minnesota, as Bond Registrar, "Transfer Agent <br />and Paying Agent (the "Bond Registrar"), or its successor designated under the Resolution <br />described herein. <br />This Bond is one of an issue in the aggregate principal amount of $ (the <br />"Bonds") all of like date and tenor except as to serial number, interest rate, redemption privilege <br />and maturity date, issued pursuant to a resolution adopted by the governing body of the <br />-6- <br />