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UNITED STATES OF .AMERICA STATE OF MINNESOTA COUNTY OF RAMSEY VILLAGE OF ROSEVmE GENERAL IMPROVEMENT BOND SERIES 2 No. $ KNOW ALL MEN BY THESE PRESENTS that the Village of Roseville, a duly organized municipal corporation of Ramsey County, Minnesota, acknowledges itself to be indebted and for value received promises to pay to bearer the sum of THOUSAND DOLLARS on the 1st day of June, 19 ,or, if this bond is prepayable as stated below, on a date prior tbaeto on which it shall have been duly called for prepayment, and to pay interest thereon at the rate of per cent ( %) per annum from the date hereof until said principal sum is paid or until this bond, if prepayable, has been duly called for prepayment, and at the additional rate of per cent ( %) per annl.nD. from J 19 to ,19 . Interest hereon is payable J:t.:De 1, 1967 J and semiannually therea.i'ter on December 1 and June 1 in each year, in accordance with and upon presentation and surrender of the interest coupons appurtenant hereto, consisting of one set representing interest to maturity at the basic rate applicable to this bond, and a separate set, designated as a "B" coupon, representing interest at the additional rate and for the limited period stated above. Both principal and interest are payable at , in , , in any coin or currency of the United States of America which on the respective dates of payment is legal tender for private and public debts. For the prompt and full payment of such principal and interest as the same become due the full faith, credit and taxing powers of the Village are hereby irrevocably pledged. ~is bond is one of a series in the aggregate principal amount of $1,932,000, all of like date and tenor except as to serial number, interest rate, maturity and redemption privilege, and all issued by the Village for the purpose of defraying expenses incurred and to be incurred in construction of various improvements of the Village of Roseville, pursuant to and in full con- formity with resolutions duly adopted by the Village Council and with the pro- visions of the Constitution and laws of the state of Minnesota hereunto enabling, including Minnesota Statutes, Chapters 429 and 475. Th.is bond is payable pri- marily from the General Improvement Bond Sinking Fund of the Village, but the Council is required to pay the principal and interest thereof out of any funds in the treasury in the event that the moneys on hand in said fund are ft any time insufficient to meet the payment of maturing principal and interest. Bonds of this series maturing in the years 1967 through 1975 are not subject to redemption before maturity, butfuose maturing in the years 1976 through 1987 are each subject to redemption and prepayment at the option of the -7-