2007-11 Awarding the Sale of GO Bonds

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The Registrar will not effect transfer of this Bond unless the information concerning the assignee -requested below is provided. :Name and Address: (Include information. for all joint owners if this Bond is held by joint account.). Please insert social security or other identifying. number of:sssignee PROVISIONS AS TO REGISTRATION The.:owaeership of the principal of and interest.on the within Bond has been registered on the books of the Registrar in the name of the person last noted below. Date of Registration Registered Owner Cede & Co. Federal ID ##1.3-255511,9 Signature of Officer of Re sue'tray 4:02, AppLr6ying Legal inion. The City .Clerk is directed to obtain a.copy of the proposed approving legal opinion of Kennedy Graven, Chartered, Miruleapolis, Minnesota, which is to be complete except as to dating`thereof and to cause the opinion to fie printed on or accompany the .Bond. Section 5. Payment: Security: Pledges and Covenants. 101, Debt Service*Futid. (a) The -Bonds are payable: roof the General Obligation Capital Improvement Plan .Bonds, Series 2007A Debt Service Fund. (the"Debt Service Fund") hereby created, and the proceeds of the ad valorem taxes hereinafter levied are liereby pledged to *the. Debt. Service Fund. If a payment of principal or interest on the Bonds becoines due when there is not sufficient money 1n-the Debt Service Fund.to-pay the same, the. Treasurer. will pay such principal. or interest from. the general fund of the City, and the general fiend. will. be reimbursed for those advances out of the -proceeds. of the takes- levied.by this resolution, when collected. There is appropriated. to the Debt Senice Fund (i) capitalized interest. financed. from Bond*.proceeds, if any, (H) any amount over thin minimum purchase price paid by the Purchaser, to -the -extent designated for 31.09701 MN1 G$19Q-4 11