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2002 Resolutions
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2002 Resolutions
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<br />2.06. Temporary Bonds. The City may elect to deliver in lieu of printed definitive <br />Bonds one or more typewritten temporary Bonds in substantially the form set forth in Section 3 <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 />No. R- <br /> <br />$ <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF ANOKA <br />CITY OF CENTERvaLE <br /> <br />GENERAL OBLIGATION IMPROVE~NT BOND OF 2002 <br /> <br />'< <br /> <br />Rate <br /> <br />Maturity <br /> <br />Date of <br />Original Issue <br /> <br />CUSIP <br /> <br />October 1, 2002 <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, the principal sum of $ <br />on the maturity date specified above, with interest thereon from the date hereof at the annual rate <br />specified above, payable February 1 and August 1 in each year, commencing August 1, 2003, to <br />the person in whose name this Bond is registered at the close of business on the fifteenth day <br />(whether or not a business day) of the immediately preceding month. The interest hereon and, <br />upon presentation and surrender hereof: the principal hereof are payable in lawful money of the <br />United States of America by check or draft by U. S. Bank National Association, St. Paul, <br />Minnesota, as Bond Registrar, Paying Agent, Transfer Agent and Authenticating Agent, or its <br />designated successor under the Resolution described herein. For the prompt and full payment of <br />such principal and interest as the same respectively become due, the full faith and credit and <br />taxing powers of the City have been and are hereby irrevocably pledged. <br /> <br />The City may elect on February 1, 2008, and on any day thereafter to prepay Bonds due <br />on or after February 1, 2008. Redemption may be in whole or in part and if in part, at the option <br />SJB-219247vl <br />CE155-19 <br />
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