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The Registrar will not effect transfer of this Bond unless the information concerning the <br />assignee requested below is provided. <br />Name and Address: <br />Please insert social security <br />identifying number of assignee <br />(Include information for all joint owners if this <br />Bond is held by joint account.) <br />or other <br />PROVISIONS AS TO REGISTRATION <br />The ownership of the principal of and interest on the within Bond has been registered on <br />the books of the Registrar in the name of the person last noted below. <br />Date of Registration Registered Owner <br />Cede & Co. <br />Federal ID #13-2555119 <br />Signature of <br />Officer of Registrar <br />4.02. Approving Legal Opinion. The City Clerk is directed to obtain a copy of the <br />proposed approving legal opinion of Kennedy & Graven, Chartered, Minneapolis, Minnesota, <br />which is to be complete except as to dating thereof and to cause the opinion to be printed on or <br />accompany the Bond. <br />Section 5. Payment; Security; Pledges and Covenants. <br />5.01. Debt Service Fund. (a) The Bonds are payable from the General Obligation Capital <br />Improvement Plan Bonds, Series 2007A Debt Service Fund (the "Debt Service Fund") hereby <br />created, and the proceeds of the ad valorem taxes hereinafter levied are hereby pledged to the Debt <br />Service Fund. If a payment of principal or interest on the Bonds becomes due when there is not <br />sufficient money in the Debt Service Fund to pay the same, the Treasurer will pay such principal or <br />interest from the general fund of the City, and the general fund will be reimbursed for those <br />advances out of the proceeds of the taxes levied by this resolution, when collected. There is <br />appropriated to the Debt Service Fund (i) capitalized interest financed from Bond proceeds, if any, <br />(ii) any amount over the minimum purchase price paid by the Purchaser, to the extent designated for <br />310976v1 MNI GE190-4 11 <br />