CC 11-30-1970 - Laserfiche WebLink

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.. . IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts, conditions and things required by the Constitution and laws of the State of Minne- sota to be done, to exist, to happen and to be performed precedent to and in the issuance of this bond in order to make it a valid and binding general obligation of said Village according to its terms have been done, do exist, have happened and have been performed as so required; that prior to the issuance hereof the Village has duly levied special assessments upon all benefited property within the cor- porate limits and a direct, annual, irrepealable tax upon all taxable property therein, which special assessments and taxes are collectible in the years and in aggregate amounts not less than 5% in excess of the amounts required to pay the principal of and interest on the bonds of this issue as such principal and inter- est respectively become due, and has appropriated the same to said fund, and addi- tional ad valorem taxes may be levied upon all taxable property within the Village, if needed for such purpose, without limitation as to rate or amount; and that the issuance of this bond did not cause the indebtedness of said Village to exceed any constitutional or statutory limitation. IN WITNESS WHEREOF, the Village of Arden Hills, Ramsey County, Minnesota, by its Village Council, has caused this bond to be executed in its behalf by the facsimile signature of its Mayor, attested by the manual signature of the Village Clerk-Administrator and a facsimile of the official corporate seal to be printed hereon, and has caused the interest coupons appurtenant hereto and the certificate as to opinion of bond counsel on the reverse side of this bond to be executed and authenticated by the facsimile signatures of said officers, and has dated this bond as of November I, 1970. (Facsimile) Village Clerk-Administrator Mayor