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(Form of CouDon) No. $ on the 1st day of October (April), 19 , the Village of Ros~Tille, Ramsey County, Mi0nesota, will pay to bearer at , in , the sum of DOWeRS lawful money of the United States of America for interest then due on its Sanitary Sewer Imprrnrement Bond, Series H, dated October 1, 1960, No. . (Facsimile signature) Mayor (Fa.csimile signature) Village Clerk (C~upons numbered 10 and upwards, attached to bonds numbered 501 and upwards, shall also include the phrase: "Unless the bond described below is called for earlier redemption".) 4. Said bonds shall be prepared under the direction of the Village Clerk and shall be executed on behalf of the Village by the signature of the Mayor, countersigned by the Village Clerk, and the corporate seal of the Village shall be affixed thereto, and the appurtenant interest coupons shall be executed and authenticated by the printed, engraved or lithographed facsimile signatures of said Mayor and Clerk. When said bonds hrore been so executed and authenticated, they shall be delhered by the Treasurer to the purchaser thereof, upon payment of the purchase price heretoforeagreed upon and said purchaser shall not be obliged to see to the application thereof; but the proceeds thereof shall be applied solely to the payment of costs incurred and to be incurred in the construction of Sanitary Sewer Improvement No. 3 of the Village under the contracts for the projects comprising the same which have theretofore been awarded. 5. It is hereby estimated that the special assessments to be levied for the payment of the cost of Sanitary Sewer Improvement No.3, together with the special assessments and ad valorem taxes heretofore levied for the payment of costs of toher local imprrnrements heretofore financed by the issuance of Sanitary Sewer Imprrnrement Bonds payable from the Sanitary Sewer Improvement Bond Sinking Fund, will be sufficient, if collected in full, to produce sums at the times re- quired and not less than 5% in excess of the amounts needed to pay when due the principal a nd interest on all bonds payable from said sinking fund, including those herein authorized. Therefore no additional tax is levied at this time for the Dayment of such principal end interest. However, after the levy of special assessments with respect to sanitary Sewer Improvement No.3, the Village Clerk shall present to the Council an analysis of the then resources and obligations of said Sinking Fund, and in the event of determination by the Council that the aggregate taxes and special assessments then collectible for said fund a direct, annual, irrepealable ad valorem tax for such years and amounts as may be reauired to prrnride adequately for the payment and security of said bonds, in accordance with the prrnrisions of HinnesotaStatutes 1957, Section 475.61. 6. The Village Clerk is hereby authorized and directed to file a certified copy of this resolution with the Countv Auditor of Ramsey County, together with such other information as he shall require, and to obtain from said County Auditor a certificate that said bonds h~Te been dtuy entered on his bond register.