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<br />UNITED STATES OF At'1ERICA
<br />STA TE OF MINNESOTA
<br />COUNTY 0 F RAMSEY
<br />
<br />VILLAGE OF ROSEVILLE
<br />SANlTARv Sm'TER ll1PHO\TEMENT ro~TD SERIES G
<br />
<br />NO. . $1,000. .
<br />KlTOW ALL MEN W[ THESE P~ES~iTS that the Village of Ros~r~11e, a duly organ~zed
<br />municipal corporation of Ramsey County, Hinnesota, acknowledges itself to be indebted
<br />and for value" received promises to pay to bearer the sum of ONE THOUSAND DOLlARS
<br />On the 1st day of June, 19 , or, if this bond is prepayable as stated. below, on a
<br />date prior thereto on whicni t shall have been duly called for redemptlon, and to
<br />pay interest therefrom the date hereof until paid or until the bond, if prepayab1e,
<br />has been duly called for redemption at the rate of per cent,
<br />per annum, plus additional interest on said principal sum at the rate of
<br />per cent per cent per annum" from , 19_ to , 19_.
<br />Said interest is payable June 1, 1961, and semiannually thereafter on the 1st day of.
<br />December and the 1st day of June, interest to maturity being payable in accordance Wlth
<br />and upon presentation and surrender of the interest coupons appurtenant hereto, which
<br />~oupons are in two sets, one set representing interest at per cent per
<br />annum to maturity, and the other set, designated as "B" coupons, representing interest
<br />at per cent per annum from ., 19 _ to , 19 _.
<br />Both principal and interest are payable at , in, in any
<br />coin or currency of the United States of America which on the respective dates of payment
<br />is lef!al tender for private and public debts. For the prompt and full payment of such
<br />principal and interest as the same become due the full faith, credit and taxing powers
<br />of the Village are hereby irrevocably pledged.
<br />
<br />This bond is one of a series in the aggregate principal amount of $1,000,000, all
<br />of like date and tenor except as to serial number, interest rate, maturity and
<br />redemption privilege, issued by said Village for the purpose of defraying expenses
<br />incurred and to be incurred in construction of an improvement designated as "Sanitary
<br />SevIer Improvement No.3" of the Village of Roseville, and is issued pursuant to and in
<br />full conformity with resolutions duly adopted by the V illage Council after hearing as
<br />required by law and pursuant to and in full conformity with the Constitution and laws
<br />of the State of Minnesota thereunto enabling, including Minnesota statutes, Chapter 429.
<br />This bond is payable primarily from the Sanitary Sewer Improvement Bond Sinking Fund
<br />of the Village, but the Council is required to pay the principal and interest thereof
<br />out of any fund in the treasury in the e,rent that the moneys on hand in s,id fund are
<br />at any time insufficient to meet the p'yment of maturing nrincipal and interest.
<br />
<br />Bonds of this series bearing serial numhers 1 through 500 (maturing in the years
<br />1962 through 1971) are payable at their respective stated maturity dates without option
<br />of prior payment, but those bearing serial numbers 501 through 1,000 (maturing in the
<br />years 1972 through 1981) are each subject to redemption and prepayment at the option of
<br />the Village on June 1, 1965, and any interest payment date thereafter, in inverse order
<br />of their serial numbers, and at a price of par and accrued interest plus a premium of
<br />$20 for each bond prepaid on or before June 1, 1970, and $10 for any bond prepaid
<br />thereafter but on or before June 1, 1975, and without premium if prepaid after June 1,
<br />1975. The Village will mail notice of the call of any of said bonds for redemption,
<br />~ot less than thir~ days prior to the date specified for redemption, to the holder,
<br />~f known., and to the bank at which principal and interest are then payable. Holders
<br />of prepayable bonds desiring to receive such notice may register their names and
<br />addresses and the serial numbers of their bonds with the Village Treasurer.
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