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<br />All bonds of th.is issue maturing after April 1, 1989, <br />are subject to redemption at the option of the City in inverse <br />order of serial numbers on said date and any interest payment <br />date thereafter, at a price of par and accrued interest. <br /> <br />This bond is one of an issue of bonds in the total <br />principal amount of $215,000, all of like date and tenor except <br />as to maturity, interest rate, redemption privilege and serial <br />number, all issued by the City for the purpose of providing money <br />to defray the expenses incurred and to be incurred in making <br />local improvements, pursuant to and in full conformity with the <br />Constitution and laws of the State of Minnesot2, including <br />Minnesota Statutes, Chapter 429, and is paY2ble primarily from <br />special assessments against property specially benefited thereby, <br />but constitutes a general obligation of the City and, to provide <br />moneys for the prompt and full payment of said principal and <br />interest as the same become due, the full faith and credit of the <br />City is hereby irrevocably pledged, and the City Council will <br />levy ad valorem taxes, if required for such purpose, which taxes <br />may be levied on all of the taxable property in the City without <br />limitation as to rate or amount.. <br /> <br />IT IS HEREBY CERTI~IED 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 hap?en and to be performed <br />precedent to and in the issuance of this bond have been done, <br />have happened and have been performed in regular and due form, <br />time and manner as required by law; and th2t this bond, together <br />with all other indebtedness of the City outstanding on the date <br />hereof and on the date of its actual issuance and delivery does <br />not exceed any constitutional or statutory limitation thereon. <br /> <br />IN WITNESS WHEREOF, the City of Centerville, Anoka <br />County, Minnesota, by its City Council, has caused this bond to <br />be executed by the facsimile signature of the Mayor and the <br />manual signature of the City Clerk-Treasurer and sealed with a <br />facsimile of the corporate seal of the City and the interest <br />coupons hereto attached to be executed and authenticated by the <br />facsimile signatures of said officers, all as of June 1, 1979. <br />