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1 <br />#x. <br />This bond is one of an issue in the total principal <br />amount of $850,000 all of like date and tenor, except as to <br />serial number, maturity, interest rate and redemption privi- <br />lege, which bond has been issued pursuant to and in full <br />conformity with thc� Constitution and laws of the State of <br />Minnesota for the>ur ose of <br />� A providing money to defray the cost <br />of various sanitary sel„er improvements, and is payable out of <br />the General Obliga,ion Sanitary Sewer Improvement Bonds of 1974 <br />Fund of the City. This bond constitutes a general obligation <br />of the City, and to provide moneys for the prompt and full payment <br />of said principal and interest when the same become due, the <br />full faith and credit and taxing powers of said City have been <br />and are hereby irrevocably pledged. <br />IT IS HEREBY CERTIFIED AND RECITED that all acts, <br />conditions and things required by the'Constitution and laws <br />of the State of Minnesota to be done, to happen and to be <br />performed, precedent to and in the issuance of this bond, <br />have been done, have happened and have been performed, in <br />regular and due form, time and manner as required by law <br />and this bond, together with all other debts of the City <br />outstanding on the date hereof and the date of its actual <br />issuance and delivery does not exceed any constitutional <br />or statutory limitation of indebtedness. <br />IN WITNESS WHEREOF, the City of Hugo, Washington County, <br />Minnesota, by its City Council, has caused this bond to be executed <br />in its behalf by the printed facsimile signature of its Mayor and the <br />manual signature of its City Clerk, and by a printed facsimile of its <br />corporate seal, has caused the interest coupons appurtenant hereto <br />and the certificate as to opinion of bond counsel on the reverse side <br />hereof to be executed and authenticated by the facsimile signatures of said <br />officers, and has caused this bond to be dated as of April 1, 1974. <br />City Clerk Mayor <br />(Form of Coupon) . <br />No. <br />On the first day of October (April), 19 , unless <br />the bond described below is called for earlier redemption, the <br />City of Hugo, Washington County, Minnesota, will pay to <br />bearer at <br />or any successor aying gent duly appointed y the ity, ' Minnesota <br />the sum sho:•:n hereon for interest then due on its General Obli- <br />gation Sanitary Sevier Improvement Bond of 1974 No. dated April <br />1, 1974. <br />/s/ Facsimile /s/ Facsimile <br />City Clerk Mayor <br />