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1998 Resolutions
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1998 Resolutions
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<br />of the City and in such manner as the City will determine. If less than all Bonds of a maturity <br />are called for redemption, the City will notify The Depository Trust Company (DTC) of the <br />particular amount of such maturity to be prepaid. DTC will determine by lot the amount of each <br />participant's interest in such maturity to be redeemed and each participant will then select by lot <br />the beneficial ownership interests in such maturity to be redeemed. Prepayments will be at a <br />price of par plus accrued interest. <br /> <br />The City Council has designated the issue of Bonds of which this Bond forms a part as <br />"qualified tax exempt obligations" within the meaning of Section 265(b)(3) of the Internal <br />Revenue Code of 1986, as amended (the Code) relating to disallowance of interest expense for <br />financial institutions and within the $10 million limit allowed by the Code for the calendar year <br />of issue. <br /> <br />Additional provisions of this Bond contained on the reverse hereof have the same effect <br />as though fully set forth in this place. <br /> <br />This Bond is not valid or obligatory for any purpose or entitled to any security or benefit <br />under the Resolution until the Certificate of Authentication hereon has been executed by the Bond <br />Registrar by manual signature of one of its authorized representatives. <br /> <br />IN WITNESS WHEREOF, the City ofCenterville, Anoka County, Minnesota, by its City <br />Council, has caused this Bond to be executed on its behalf by the facsimile or manual signatures <br />of the Mayor and City Administrator and has caused this Bond to be dated as of the date set forth <br />below. <br /> <br />Dated: <br /> <br />CITY OF CENTERVILLE, MINNESOTA <br /> <br />(Facsimile) <br />City Administrator <br /> <br />(Facsimile) <br /> <br />Mayor <br /> <br />CERTIFICATE OF AUTHENTICATION <br /> <br />This is one of the Bonds delivered pursuant to the Resolution mentioned within. <br /> <br />FIRSTAR BANK OF MINNESOTA, <br />National Association <br /> <br />By <br /> <br />Authorized Representative <br /> <br />DJK144119 <br />CE1SS-13 <br />
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