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<br />with such changes as may be necessary to reflect more than one maturity in a single temporary <br />bond. Upon the execution and delivery of definitive Bonds the temporary Bonds will be <br />exchanged therefor and cancelled. <br /> <br />Section 3. <br /> <br />Form of Bond. <br /> <br />3.01. The Bonds will be printed or typewritten in substantially the following form: <br /> <br />[Face of the Bond] <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF ANOKA <br />CITY OF CENTERVILLE <br /> <br />$ <br /> <br />No. R- <br /> <br />GENERAL OBLIGATION SEWER AND WATER REVENUE <br />BOND, SERIES 1998 <br /> <br />Rate <br /> <br />Maturity <br /> <br />Date of <br />Original Issue <br /> <br />CUSIP <br /> <br />July 1, 1998 <br /> <br />Registered Owner: Cede & Co. <br /> <br />The City of Centerville, Minnesota, a duly organized and existing municipal corporation <br />in Anoka County, Minnesota (City), acknowledges itself to be indebted and for value received <br />hereby promises to pay to the Registered Owner specified above or registered assigns, the <br />principal sum of $ on the maturity date specified above, with interest thereon from <br />the date hereof at the annual rate specified above, payable February 1 and August 1 in each year, <br />commencing February 1, 1999, to the person in whose name this Bond is registered at the close <br />of business on the fifteenth day (whether or not a business day) of the immediately preceding <br />month. The interest hereon and, upon presentation and surrender hereof, the principal hereof are <br />payable in lawful money of the United States of America by check or draft by Firstar Trust <br />Company, Milwaukee, Wisconsin, as agent for Firstar Bank of Minnesota, National Association, <br />St. Paul, Minnesota, as Bond Registrar, Paying Agent, Transfer Agent and Authenticating Agent, <br />or its designated successor under the Resolution described herein. For the prompt and full <br />payment of such principal and interest as the same respectively become due, the full faith and <br />credit and taxing powers of the City have been and are hereby irrevocably pledged. <br /> <br />The City may elect on February I, 2005, and on any day thereafter to prepay Bonds due <br />on or after Febriaru 1, 2006. Redemption may be in whole or in part and if in part, at the option <br /> <br />DJK144119 <br />CE1SS-13 <br />