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<br />June 1~ 1973, and any interest payment date thereafter, at a price of par plus <br />accrued interest, plus a premium of ~ of the par value of each bond prepaid on or <br />before December 1, 1977, and without premium if prepai0 on or after June I, 1978. <br />Of the bonds outstanding at the time of call for redemption, those bearing the <br />highest coupon rates will be prepaid first, in inverse order of their serial num- <br />bers. The Village will mail notice of the call of any of the bonds for redempticn, <br />to the holder) if known, and to the bank at which principal and interest are then <br />payable, not less than thirty days before the date s pec-U ied for redenption. HuL)'_ ,'13 <br />of prepayable bonds desiring to receive such notice may regis l-er their names at1'1 <br />addresses and the serial numbers of their bonds with the Village Treasurer. <br /> <br />IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts. con- <br />ditions and things required by the Constitution and laws of the State of Minnesota <br />to be done, to exist~ to happen and to be performed preliminary to and in the issu- <br />ance of this bond in order to make it a valid and binding general obligation of "hI' <br />Village according to its terms have been done, do exist, have happened and hEwe c)':',n <br />performed as so required; that the Village has duly determined the necessity and <br />contracted for the construction of said improvement; that the Water Improvement Bond <br />Sinking Fund has been duly created and provision made for the support thereof by ad <br />valorem taxes and special assessments to be levied for the years and in aggregate <br />amounts not less than five per cent (5~) in excess of sums Gufficient to pay when <br />due the principal and interest on all bonds payable from that fund.. and additional <br />taxes, if needed for said purpose, may be levied upon all taxable property in ~>he <br />Village, without limitation as to rate or amount; and that the lssuauc'€ of this bonr] <br />did not cause the indebtedness of the Village to exceed any constitutional or staT,1';'- <br />tory limitation. <br /> <br />IN WITNESS WHEREOF the Village of Rosevl1le, Ramsey County, Minnesota, by <br />its Village Council, has caused this bond to be executed in its behalf by the signa- <br />ture of its Mayor, countersigned by its Village Clerk, and sealed with a facsimile <br />of its official seal, and has caused the interest coupons appurtenant heret.o and thE <br />certificate appearing on the reverse side hereof to be executed and authenticated bj <br />the facsimile signatures of said officers, and has caused this bond to be dated as <br />of June 1, 1963. <br /> <br />Mayor <br /> <br />Countersigned: <br /> <br />Village Clerk <br /> <br />(SEAL) <br /> <br />-6~ <br />