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<br />IN WITNESS WHEREOF, the City of Roseville, Ramsey County, Minnesota, by its City <br />Council, has caused this Certificate to be executed on its behalf by the signatures of the Mayor <br />and City Manager and has caused this Certificate to be dated as of the date set forth below. <br /> <br />Dated: March 15, 1998 <br /> <br />~~ <br /> <br /> <br />Mayor <br /> <br />2.02. 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 City Council has heretofore levied <br />a direct irrepealable 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 pay 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 /> <br />Section 3. <br /> <br />Miscellaneous. <br /> <br />3.01. The Certificates are to be executed on behalf of the City by the Mayor and City <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 /> <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 t certifica e required by Minnesota <br />Statutes, Section 475.63. <br /> <br /> <br />Mayor <br /> <br />Attest: <br /> <br />~~ <br /> <br />City Manager <br /> <br />BMB137435 <br />RS200-20 <br /> <br />4 <br />