Laserfiche WebLink
<br />EXHIBIT A <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />ANOKA COUNTY <br />CITY OF CENTER VILLE <br /> <br />$827,750 GENERAL OBLIGATION CAPITAL IMPROVEMENT <br />PLAN BOND, SERIES 2005A <br /> <br />The City of Centerville, Anoka County, Minnesota (the "City"), certifies that it is <br />indebted and for value received promises to pay to the City of Circle Pines, Minnesota, or <br />assigns duly certified on the Certificate of Registration attached to and made a part of this Bond <br />(the "Owner"), in the manner hereinafter set forth, the $827,750 principal amount of this Bond in <br />the principal installments due on the first day of each month in the years and in the amounts, <br />respectively, as follows, with each such principal installment bearing interest until paid in the <br />amounts as follows: <br /> <br /> Principal Interest Principal Interest <br />Month/Day/Y ear Installment Payment Month/Day/Y ear Installment Payment <br />02/01/2006 to $3,500.00 $2,723.80 02/01/2014 to $4,666.67 $1,562.24 <br />01/01/2007 01/01/2015 <br />02/01/2007 to $3,645.83 $2,601.30 02/01/2015 to $4,958.33 $1,375.57 <br />01/01/2008 01/01/2016 <br />02/01/2008 to $3,645.83 $2,473.70 02/01/2016 to $5,104.17 $1,177.24 <br />01/01/2009 01/01/2017 <br />02/01/2009 to $3,791.67 $2,346.09 02/01/201 7 to $5,395.83 $967.97 <br />01/01/2010 01/01/2018 <br />02/01/2010 to $3,937.50 $2,213.39 02/01/2018 to $5,541.67 $744.04 <br />01/01/2011 01/01/2019 <br />02/01/2011 to $4,083.33 $2,075.57 02/01/2019 to $5,833.33 $511.29 <br />01/01/2012 01/01/2020 <br />02/01/2012 to $4,229.17 $1,912.24 02/01/2020 to $6,125.00 $263.38 <br />01/01/2013 01/01/2021 <br />02/01/2013 to $4,520.83 $1,743.07 <br />01/01/2014 <br /> <br />Interest shall be payable monthly on the first day of each month, commencing February 1, 2006, <br />and shall be calculated on the basis of a 360 day year consisting of twelve 30 day months. At the <br />time of final payment of all principal of and interest on this Bond, the Owner shall surrender this <br />Bond to the City Finance Director at the City Hall, in Centerville, Minnesota. Notwithstanding <br />anything to the contrary herein, the City's proportionate share of any amount transferred from the <br />Construction Account to the Debt Service Account (as such terms are defined in the Issuer Bond <br />Resolution, defined hereinafter) upon completion of the Project shall be applied as a credit <br />against the principal or interest payment or payments due on this Bond after such transfer. The <br /> <br />1738630v2 <br /> <br />1 <br />