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constitutes a general obligation of the City, and to provide <br />moneys for the prompt and full payment of the principal and <br />interest when the same become due, the full faith and credit <br />and taxing powers of the City have been and are hereby <br />irrevocably pledged. <br />IT IS HEREBY CERTIFIED AND RECITED that all acts, <br />conditions and things required by the Constitution and laws of <br />the State of Minnesota to be done, to happen and to be <br />performed, precedent to and in the issuance of this bond, have <br />been done, have happened and have been performed, -in regular <br />and due form, time and manner as required by law, and this <br />bond, together with all other debts of the City outstanding on <br />the date hereof and the date of its actual issuance and <br />delivery does not exceed any constitutional or statutory <br />limitation of indebtedness. <br />IN WITNESS WHEREOF, the City of Hugo, Washington <br />County, Minnesota, by its City Council has caused this bond to <br />be executed on its behalf by the facsimile signature of the <br />Mayor and the manual signature of the City Clerk -Treasurer, <br />the corporate seal of the City having been intentionally omit- <br />ted as permitted by law, and has caused the interest coupons to <br />be executed and authenticated by the facsimile signatures of <br />said officers, all as of October 1, 1981. <br />/s/ facsimile <br />City Clerk -Treasurer Mayor <br />(Form of Coupon) <br />No. <br />On the first day of April (October), 19 , the City <br />of Hugo, Washington County, Minnesota, will pay to bearer at <br />, or any <br />successor paying agent duly appointed by the City, the sum <br />shown hereon for interest then due on its General Obligation <br />Temporary Improvement Bond of 1981, No. dated October <br />1, 1981. <br />/s/ Facsimile /s/ Facsimile <br />City Clerk -Treasurer Mayor <br />-4- <br />