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* bonds maturing on the same date must bear interest from date <br />of issue until paid at a single, uniform rate, not exceeding <br />the rate specified for bonds of any subsequent maturity. Not <br />more than 7 interes`. rates may be specified for the issue. <br />Each rate must be in an integral multiple of 5/100 of 1%, and <br />no rate may exceed 7%. No supplemental or "B" coupons will <br />be permitted. <br />Paying Agent <br />Principal and interest will be made payable at any suitable <br />bank in the United States designated by the successful bidder <br />with 118 hours after award of sale, subject to approval by <br />the City, and the City will pay the reasonable and customary <br />paying agency charges. <br />CUSIP Numbers <br />The City will assume no obligation for the assignment or printing <br />of CUSIP numbers on the bonds or for the correctness of any <br />numbers printed thereon, but will permit such numbers to be <br />assigned and printed at the expense of the purchaser, if the <br />purchaser waives any extension of the time of delivery caused <br />thereby. <br />Delivery <br />Within 40 days after sale, the City will furnloh and deliver <br />at the office of the purchaser or, at his option, will deposit <br />with a bank in the United States selected by him and approved <br />by the City as its agent to permit examination by and to deliver <br />to the purchaser, the printed and executed bonds, the unquali- <br />fied opinion thereon of bond counsel, arid a certificate stating <br />that no litigation in any manner questioning their validity is <br />then threatened or pending. The charge of the delivery agent <br />must be paid by the purchaser, but all other costs will be paid <br />by the City. The purchase price must be paid upon delivery of <br />the bonds, or within five days after deposit with the delivery <br />agent, in funds available for expenditure by the City on the <br />day of payment. <br />Legal Opinion <br />An unqualified legal opinion on the bonds will be furnished by <br />Messrs. Briggs and Morgan of St. Paul, Minnesota. The legal <br />opinion will be printed on the bonds at the request of the <br />purchaser. The legal opinion will state that the bonds are valid <br />