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<br />same as if the officer had remained in office until delivery. Notwith- <br />standing such execution, no Bond shall be valid or obligatory for any <br />purpose or entitled to any security or benefit under this Resolution unless <br />and until a certificate of authentication on such Bond has been duly <br />executed by the manual signature of an authorized representative of the <br />Registrar. Certificates of authentication on different Bonds need not be <br />signed by the 8am@ r@pf@s@ntatlv@, Th@ @x@cut@d c@rt1f1citc gf luth@nt1Qi~ <br />tion on each Bond shall be conclusive evidence that it has been authenti- <br />cated and delivered under this Resolution. When the Bonds have been so <br />prepared, executed and authenticated, the Clerk-Treasurer shall deliver the <br />same to the Purchaser thereof upon payment of the purchase price in accor- <br />dance with the contract of sale heretofore made and executed, and the <br />Purchaser shall not be obligated to see to the application of the purchase <br />price. <br /> <br />2.06. Temporary Bonds. The City may elect to deliver in lieu of <br />printed definitive bonds, one or more typewritten temporary bonds in <br />substantially the form set forth in Section 3 with such changes as may be <br />necessary to reflect more than one maturity in a single temporary bond. <br />Upon the execution and delivery of definitive bonds the temporary bonds <br />shall be exchanged therefor and cancelled. <br /> <br />Section 3. Form of the Bonds. <br /> <br />3.01. The Bonds shall be printed in substantially the following form: <br /> <br />[Face or tlae DUlul] <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF ANOKA <br />CITY OF CENTERVILLE <br /> <br />GENERAL OBLIGATION IMPROVEMENT BOND OF 1987 <br /> <br />Rate <br /> <br />Maturity <br /> <br />Date of <br />Original Issue <br /> <br />CUSIP <br /> <br />% <br /> <br />July 1, 1987 <br /> <br />No. R <br /> <br />$ <br /> <br />The City of Centerville, a duly organized and existing municipal <br />corporation in Anoka County, Minnesota (City), acknowledges itself to be <br />indebted and for value received hereby promises to pay to <br /> <br />or registered assigns, the principal sum of $ on the maturity date <br />specified above with interest thereon from the date hereof at the annual <br />rate specified above, payable February 1 and August 1 in each year, com- <br />mencing February 1, 1988, to the person in whose name this Bond- is regis- <br />tered at the close of business on the fifteenth day (whether or not a <br />business day) of the immediately preceding month. The interest hereon and, <br />