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Authentication. This Sond shall not be valid or become obligatory for any purpose or be <br />entitled to any security unless the Certificate of Authentication hereon shall have been executed <br />by the Sond Registrar. <br />Qualified T�-Exempt Obligations. The Sonds have been designated by the Issuer as <br />"qualified t�-exempt obligations" for purposes of Section 265 (b) (3) of the Internal Revenue <br />Code of 1986, as amended. <br />IT IS HERESY CERTIFIED AND RECITED that all acts, conditions and things <br />required by the Constitution and laws of the State of Minnesota to be done, to happen and to be <br />performed, precedent to and in the issuance of this Sond, have been done, have happened and <br />have been performed, in regular and due form, time and manner as required by law, and that this <br />Sond, together with all other debts of the Issuer outstanding on the date of original issue hereof <br />and the date of its issuance and delivery to the original purchaser, does not exceed any <br />constitutional or statutory limitation of indebtedness. <br />IN WITNESS WHEREOF, the City of Roseville, Ramsey County, Minnesota, by its City <br />Council has caused this Sond to be executed on its behalf by the facsimile signatures of its <br />Mayor and its City Manager, the corporate seal of the Issuer having been intentionally omitted as <br />permitted by law. <br />Date of Registration: <br />SOND REGISTRAR'S <br />CERTIFICATE OF <br />AUTHENTICATION <br />This Sond is one of the <br />Sonds described in the <br />Resolution mentioned <br />within. <br />Finance Director <br />City of Roseville, Minnesota, <br />Sond Registrar <br />: <br />Authorized Signature <br />Registrable by: FINANCE DIRECTOR <br />CITY OF ROSEVILLE, MINNESOTA <br />Payable at: FINANCE DIRECTOR <br />CITY OF ROSEVILLE, MINNESOTA <br />CITY OF ROSEVILLE, <br />RAMSEY COUNTY, MINNESOTA <br />/s/ Facsimile <br />Mayor <br />/s/ Facsimile <br />Manager <br />2377316v1 9 <br />