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IN FITNESS WHEREOF. the Cite of Roseville. Ramsey County. Minnesota, by its itN- <br /> ouncil, has caused this Certificate to be executed on its behalf by the signatures of the Mavor <br /> and itv Manager and has caused this Certificate to he dated as of the date set forth bel o,%v. <br /> P <br /> Dated: March 15, 1 99 8 <br /> CITY of ROE ILLE. 10INiNESOTA <br /> City Manager Mayor <br /> 2.0 2. In order to pay the principal of and interest on the Certificates as the someway <br /> respectively become due, it is found 'and determined that the Citv Council has heretofore levied <br /> a direct irre cal able ad valorem tax (the Taxes ) in the amount of$166,900 on all of the taxable <br /> property in the City, and that the Taxes will provide at least five percent in excess of the amount <br /> needed to p ay such principal and interest at maturity. The Taxes are pledged to the payment of <br /> the Certificates and are to be deposited to a special Certificates (Series 1998) fund hereby created <br /> for that purpose and no other. <br /> Section 3. Miscellaneous. <br /> 3.01. The Certificates are to be executed on behalf of the City by the Mayor and Cite <br /> Manager. The Finance Director is authorized and directed to maintain the Certificates as an <br /> investment of the Fund and to apply the purchase price to the cost of the Equipment. <br /> 3.02. The Finance Director is authorized and directed to file a certified copy of this <br /> Resolution with the Ramsey County Auditor and to obtain the certificate required by Minnesota <br /> Statutes, Section 475.63. <br /> Mayor <br /> Attest: <br /> City Manager <br /> BMB137�13�y5 4 <br /> RS <br /> 20 <br /> 0-2 0 <br />