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2007-11 Awarding the Sale of GO Bonds
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2007-11 Awarding the Sale of GO Bonds
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3/11/2026 7:58:53 AM
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3/11/2026 7:58:00 AM
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ADM 05000
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ORDINANCES & RESOLUTIONS
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need .not'be signed by the same representative: The executed aceitificate of authentication on a <br />Bond is conclusive evidence: that -it has. -been authenticated and delivered under this Resolution.. <br />When the Bonds have:been. so prepared, executed.and authenticated, -the City Clerk will deliver. <br />the same to the. Purchaser upon payment of the purchase price -ire aceot4ance with the -contract -of <br />sale heretofore made and executed;. and the.. Purchaser is:not obligated to see to the. application of <br />the iirchase price. <br />1%. Temp2EM Bond. 'The .City may elect to deliver in ,lieu, of *4 printed definitive <br />Bond a typewritten temporary Bond in -substantially the form set, forth in :Section 3. Upon the. <br />execution and delivery of the definitive Bond*the temporary Bond will 1* exchanged Oierefor <br />and cancelled. <br />Section 4. Form of Bond. <br />4.01. Execution of the Bonds. The Bond. will be printed or typewritten in substantially <br />the following. -form: <br />No. R <br />UNUED STATES OF AMERICA <br />STATE QF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF GEM LAKE <br />GENERAL OBLXGATION CAPITAL HvIRROVEMENT <br />PLAN BOND, SERIES 200.7A <br />Date of <br />Rate Maturity Original Issue CUS1P <br />February 1, 20_ June 20, 2.007 <br />Registered Owner: Cede & Co. <br />The City of Gem Lake, Minnesota, a duly organized and.. existing, municipal corporation <br />in Ramsey County, Minnesota (the "City"), acknowledges itself to. be indebted. and for value <br />received hereby promises to pay to the Registered Owner specified above, or registered assigns, <br />the principal sum of $ on. the maturity date specified. above, payable February 1 and <br />August 1 in each. year, commencing February 1, 2008; to.the person in whose.name this bond is. <br />registered at. the close of business on the fifteenth day (.whether or not a business day) -of the <br />inunediatelypreceding month. The interest: hereon and, upon presentation and surrenderbereof, <br />the principal hereof ate .payable.in lawfut money of the United States of America by check or <br />draft -by Bond Trust Services. Corporation, Roseville, Minnesota, as.: Bond Registrar, Paying <br />Agent, Transfer Agent and Auihentieating Agent,. ox its designated successor udder the <br />Resolution desc.ri6herein. For the prompt and full payment of such principal and interest as <br />310M I'IviNWEISQ4 7 <br />
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