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1991 Receipts, Disb., Resolutions & Minutes
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1991 Receipts, Disb., Resolutions & Minutes
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<br />f any deficiency in special assessments pledged, which taxes may be levied <br />,ithout l1m1tatioD as to rate or amount. The Bonds of this series are issued <br />only as fully regia tered Bonds in deDOuIlatio1l8 of $5 .000 or any integral <br />multiple thereof of siDgle maturities. <br /> <br />As provided tD the Resolution and subject to certain limitatioDs set forth <br />therein, this Bond 1s transferable upon the books of the City at the principal <br />office of the Bond Registrar, by the resistered owner hereof in person or by the <br />owner's attorDey duly authorized in writiDI upon surrender hereof together with <br />a written instrument of traasfer satisfactory to the Bond Registrar. duly <br />executed by the registereel owner or the OWDer's attorney; aDd may also be <br />surreDdered 1D exchange for Bonds of other authorized deDom1Dations'. Upon such <br />transfer or exchaDge the City will. cause a DeW BoDd or Bonds to b. issued in the <br />_e of the traasferee or resistereel OWDer, of the same alaregate prtDcipal <br />amount, bearus interest at tbe same rate and maturiDg OD the same date, subject <br />to reimbur....nt for any tax, f.. or loverraacmtal charge required to be paid <br />with respect to such traDafer OJ: exchange. <br /> <br />The City aDd the Boad Rel1strar may cle.. aDG treat the person ill whose name <br />this Bonel is registered a8 the absolute owner bereof, whether this Bond is <br />overdue or DOC, for the purpose of rece1vtDg paymeDt aDd for all other purposes, <br />aDG neitber the City nor the Boad legistrar will be affected by any Dotice to <br />the cODtra~. <br /> <br />IT IS HEREBY CERTIFIED. RECITED, COVENANTED AND AGREED that all acts, <br />conditions anG thals required by the CODSt1tut1on and laws of the State of <br />iDaesota. to be dODe, to ez18t, to happen aDd to be performed preltmiDary to <br />ael tD the issuance of this IoDcl 1D order to mate lc a valid aDd biDding geaeral <br />obligation of the City 111. accordance with its tenas, have beeD. clone, clo exist, <br />have happened aDd have been performed as so required, aDd that the iS8aaDce of <br />this Bond does Dot cause the tDdebtedDes8 of the City to exceed any COD8titu~ <br />tional or statutory ~ltat10D of indebtednes8. <br /> <br />(FOnl of certificate to be prtDtecl 011 the reverse side of each Bond, <br />follow1D1 a full copy of the legal op1l11011.) <br /> <br />I certify that the above 1s a full, t~. aDd correct copy of the legal <br />opinion rendereel by bond counsel OIl the issue of Bonds of the City of <br />Centerv111e, MiDDesota, which includes the within Bond, dated as of the date of <br />clelivery of and payment for the Bonds. <br /> <br />(Facsimile Signature) <br />City Clerk <br />
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