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7/17/2007 9:09:14 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
704
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<br />(Form of Coupon) <br /> <br />No. <br /> <br />$ <br /> <br />On the 1st day of March (September), 19 ,the Village of Roseville, Ramsey <br />County, Minnesota, will pay to bearer at <br />, in , the <br />amount shawn hereon in lawful money of the United States of America for interest <br />then due on its Water Improvement Bond, Series 2, dated March 1, 1963, No. <br /> <br />(Facsimile signature) <br />Village Clerk <br /> <br />(Facsimile signature) <br />Mayor <br /> <br />(Coupons numbered 20 and upwards, attached to bonds numbered <br />and upwards, shall also include the phrase: "Unless the bond de- <br />scribed belO'N' is called for earlier redemption".) <br /> <br />(Form of certificate to be printed on the reverse side of each <br />bond, following a full copy of the legal opinion on the issue) <br /> <br />We certify that the above is a full, true and correct copy of the legal <br />opinion rendered by bond counsel on the issue of bonds of the Village of Roseville <br />which includes the within bond, dated as of the date of delivery of and payment for <br />the bonds. <br /> <br />(Facsimile signature) <br />Village Clerk <br /> <br />(Facsimile signature) <br />Mayor <br /> <br />4. The bonds shall be prepared under the direction of the Village Clerk <br />and shall be executed on behalf of the Village by the signature of the Mayor, counter- <br />signed by the Village Clerk, and the corporate seal of the Village shall be affixed <br />thereto, and the appurtenant interest coupons shall be executed and authenticated by <br />the printed, engraved or lithographed facsimile signatures of the Mayor and Clerk. <br />When the bonds have been so executed and authenticated, they shall be delivered by <br />the Treasurer to the purchaser thereof, upon payment of the purchase price hereto- <br />fore agreed upon and the purchaser shall not be obliged to see to the application <br />thereof; but the proceeds thereof shall be applied solely to the payment of costs <br />incurred and to be incurred in the construction of Water Improvement No. 62-1 of the <br />Village. <br /> <br />5. For the payment of such costs the proceeds of the bonds herein author- <br />ized and sold are appropriated to the Water Improvement No. 62-1 Fund, in addition <br />to the proceeds of the bonds authorized and sold by the resolution dated November 7, <br />1962, entitled "RESOLUTION AWARDING SALE OF $1,000,000 WATER IMPROVEMENT BONDS, <br />SERIES 1 AND ESTABLISHING THE FORM AND TERMS AND DIRECTING THE EXECUTION AND DELIVERY <br />THEREOF". It is now estimated that the special assessments to be levied upon the <br />area assessable with respect to the improvement will be in a principal amount not <br />less than $ , payable in installments with interest as described in that <br />resolution. For the purpose of providing, with the estimated collections of said <br /> <br />-7- <br />
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