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u1U'l'ED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF RAMSEY VILLAGE OF ROSEVILLE GOLF COURSE BOND No. $5,000 KNOW ALL MEN BY THESE PRESENTS that the Village of Roseville, Ramsey County, Minnesota, acknowledges itself to be indebted and for value received prom- ises to pay to bearer the sum ofl"IVB THOUSAND DOLLARS on the 1st day of July, 19 or, if this bond is redeemable as stated below, on a date prior thereto on which this bond shall have been duly called for earlier redemption, and to pay interest thereon from the date hereof until said principal sum be paid~ or until this bond, if redeemable, has been duly called for redemption, at the basic rate of per cent ( %) per ann'i.: and thf. Village 20mises to pay additional interest on said principal sum from \ajiit 9 , 1~1 to July l~ 1968, at the additional rate of one.nd fift:y huDdz'eftbe per cent ( 1.5f) per annum. Interest is payable on July 1, 1968 ~ and semiannually thereafter on each January 1 and July 1, interest to maturity being represented by and payable in accordance with and upon presentation and surrender of the interest coupons appurtenant hereto, comprising one set of coupons representing interest at said basic rate from date of issue to maturity, and a separate coupon designated No. B-1, representing additional interest at the additional rate and for the limited period stated above. Both principal and interest are payable at TbI r1r:et ..tt.ona1 Bank of saint; Jau1 , in at.Paul , ~ , in any coin or currency of the United States of America which on the respecti ve dates of payment is legal tender for public and private 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. This bond is one of an issue of $290,000 aggregate principal amount, all of like date and tenor except as to serial number, maturity date, interest rate and redemption privilege, issued by said Village for the purpose of providing funds for the acquisition of a municipal golf course to be owned and operated by the Village as a publi c convenience from which a revenue shall be derived, and is issued pur- suant to the requisite majority vote of the electors of the Village voting at an election duly called and held in and for said Village, and pursuant to resolutions duly adopted by the Village Council and pursuant to and in full conformity with the Constitution and laws of the State of Minnesota thereunto enabling. Bonds of this issue maturing in the years 1968 through 1977 are payable on their respective stated maturity dates, without option of prior payment, but those maturing in the years 1918 through 1981 are each subject to redemption and prep~ment in inverse order of serial numbers, at the option of the Village, on July I, 1977, and any interest payment date thereafter, at par and accrued interest. Not less than thirty days before the date fixed for the redemption -6-