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<br />IN WITNESS WHEREOF, the City ofRoseville, Ramsey County, Minnesota, by its <br />City Council, has caused this Certificate to be executed on its behalf by the signatures of the <br />Mayor and City Manager and has caused this Certificate to be dated as of the date set forth <br />below. <br /> <br />Dated: May 10, 1999 <br /> <br />City~ <br /> <br /> <br />Ma~or <br /> <br />2.02. In order to pay the principal of and interest on the Certificates as the same may <br />respectively become due, it is found and determined that the City Council has <br />heretofore levied a direct irrepealable aQ valorem tax (the "Taxes") in the amount of <br />$166,900 on all ofthe taxable property in the City, and that the Taxes will provide at <br />least five percent in excess of the amount needed to pay such principal and interest at <br />maturity. The Taxes are pledged to the payment of the Certificates and are to be <br />deposited to a special Certificates (Series 1999) fund hereby created for that purpose <br />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 <br />Certificates as an investment of the Fund and to apply the purchase price to the cost <br />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 t btain certificatc required by <br />Minnesota Statutes, Section 475.63. <br /> <br /> <br />Attest: <br /> <br />C'~M -~ <br />Ity anager <br /> <br />4 <br />