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<br />City Administrator will deliver the same to the Purchaser upon payment of the purchase price in <br />accordance with the contract of sale heretofore made and executed, and the Purchaser is not <br />obligated to see to the application of the purchase price. <br /> <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 />No.R- <br /> <br />$ <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTYOFANOKA <br />CITY OF CENTERVILLE <br /> <br />GENERAL OBLIGATION IMPROVEMENT BOND, SERIES 2004B <br /> <br />Rate <br /> <br />Maturity <br /> <br />Date of <br />Original Issue <br /> <br />CUSIP <br /> <br />June 1,2004 <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 I and August 1 in each year, <br />commencing February 1, 2005, 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 U.S. Bank <br />National Association, S1. Paul, Minnesota, as Bond Registrar, Paying Agent, Transfer Agent and <br />Authenticating Agent, or its designated successor under the Resolution described herein. For the <br />prompt and full payment of such principal and interest as the same respectively become due, the <br />full faith and credit and taxing powers of the City have been and are hereby irrevocably pledged. <br />SJB-248000vl <br />CE155-21 <br />