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<br />.--" <br />.-/ <br />----- <br /> <br />Name and Address: <br /> <br />(Include information for all joint owners if <br />this Bond is held by joint account.) <br /> <br />Please insert social security or <br />other identifying number of assignee <br /> <br />3.02. The City Manager is directed to obtain a copy of the proposed <br />approving legal opinion of Holmes &: Graven, Chartered, Minneapolis, Minnesota, <br />which is to be complete except as to dating thereof and if the bonds are printed to <br />cause the opinion to be printed on each Bond, together with a certificate to be <br />signed by the facsimile signature of the Manager in substantially the form set forth <br />in the form of Bond. The Manager is authorized and directed to execute such <br />certificate in the name of the City upon receipt of such opinion and to file the <br />opinion in the City offices. <br /> <br />3.03. Book-Entry System. The Bonds shall be initially issued in the form of <br />a separate single typewritten or printed fully registered Bond for each of the <br />maturities set forth in Section 1.03 hereof. Upon initial issuance, the ownership of <br />each such Bond will be registered in the registration books kept by the Bond <br />Registrar in the name of Kray &: Co., as nominee for Midwest Securities Trust <br />Company, Chicago, Illinois, and its successors and assigns (Midwest). Except as <br />provided in this Section 3, all of the outstanding Bonds will be initially registered in <br />the registration books kept by the Bond Registrar in the .name of Kray &: Co., as <br />nominee of Midwest. <br /> <br />3.04. Re\?:istration: Limited Obli\?:ation of City. With respect to Bonds <br />registered in the registration books kept by the Bond Registrar in the name of Kray <br />c5c Co., as nominee of Midwest, the City, the Bond Registrar and the Paying Agent <br />will have no responsibility or obligation to any broker dealers, banks and other <br />financial institutions from time to time for which Midwest holds Bonds as <br />securities depository (the Participants) or to any other person on behalf of which a <br />Participant holds an interest in the Bonds, (i) the accuracy of the records of <br />Midwest, Kray &: Co. or any Participant with respect to any ownership interest in <br />the Bonds, (ii) the delivery to any Participant or any other person other than a <br />registered owner of Bonds, as shown by the registration books kept by the Bond <br />Registrar, of any notice with respect to the Bonds, including any notice of <br />redemption, or (iii) the payment to any Participant or any other person, other than <br />a registered owner of Bonds, or any amount with respect to principal of, premium, <br />if any, or interest on the Bonds. The City, the Bond Registrar and the Paying <br />Agent may treat and consider the person in whose name each Bond is registered in <br />the registration books kept by the Bond Registrar as the holder and absolute owner <br />of such Bond for the purpose of payment of principal, premium and interest with <br />respect to such Bond, for the purpose of registering transfers with respect to such <br />Bond, and for all other purposes. The Paying Agent shall pay aU principal of, <br />premium, if any, and interest on the Bonds only to or on the order of the respective <br />registered owners, as shown in the registration books kept by the Bond Registrar, <br />