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hereof and interest hereon are payable from special assessments against property specify benefited by local improvements, and ad valorem taxes for the city's share of the cost of the improvements as set forth in the Resolution to which reference is made for a full statement of rights and powers thereby conferred . The full faith and credit of the City are irrevocably pledged for payment of this Bond and the City Council has obligated itself to levy additional ad valorem taxes on all taxable property in the City in the event of any ' deficiency in special assessments and taxes pledged, which taxes may be levied without Limitation as to rate or amount. The Bonds of thi series are issued only as fully registered Bonds in denominations of $5, 000 or any intepal multiple thereof of single maturities the Resolution and subject to certain 1iitations set forth As provided rn h � thefein this Bond is transferable upon the books of the City at the principal office of the Bond Registrar, by the registered owner hereof in person or by the owner's attorne y y du1 authorized in writing upon surrender hereof together with a written instrument of transfer - satisfactory to the Bond Registrar, duly executed by the registered owner or the owner's attorney; and may also be surrendered in exchange for Bonds of other authorized denominations ' Upon such transfer or exchange the City will cause a new Bond or Bonds to be issued in the name of the transferee or red owner, of the same aggregate principal amount, bearing interest at the registered � g� same rate and ma turin g on the same date, subject to reimbursement for any tax , fee or governmental char required to be paid with respect to such transfer or � e change . - The it and the Bond Registrar may deem and treat the person in whose name City the Bond is registered as the absolute owner here of, whether this Bond is overdue or the purpose of receiving payment and for all other purposes, and neither or not, f p r'p g the Cit y nor the Bond Registrar wi1.l be affected by any notice to the contrary, IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts, conditions g � y and thin s required b the Constitution and laws of the State of ota to be done to exist, to happen and to be performed preliminary Wand Nlinnes , � ' n general obligation in the issuance of this Bond in order to make it a valid and brndr g of the it in accordance with its terms. have been done. do exist, have happened City and have been F erformed as so required, and that the issuance of this Bond does not cause the indebtedness of the City -to exceed any constitutional or statutory station of indebtedness . (Form of certificate to be printed on the reverse side of each Bond if Bonds are p ted., following a full copy of the legal opin*on . } tff that the above is a full, true and correct copy of the legal opinion 1 cer y rendered b bond counsel on the is sue of Bonds of the City of Roseville) Minnesota , F y f the date of deliver of and payment for which Includes the within Bond, dated as o y the Bonds* IV f Facsim'le Si tore) City Manager MD47466 R8200-10