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(Form of Coupon) No. 4> On the 1st day of July (January), 19 , the Village of Roseville, :Ramsey County; Minnesota, will pay to bearer at , in , the amOunt shown hereon in lawful money of the United States of America for interest then due on its Water Improvement Bond, Series 4, dated July l, 1963, No. (Facsimile signature) Village Clerk (Facsimile signature) Mayor (Coupons numbered 20 and upwards, attached to bonds numbered and upwards, shall also include the phrase: "Unless the bond de- scribed below is called for earlier redemption".) (Form of certificate to be printed on the reverse side of each bond, following a full copy of the legal opinion on the issue) We certify that the above is a full, true and correct copy of the legal opinion rendered by bond counsel on the issue of bonds of the Village of Roseville which includes the within bond, dated as of the date of delivery of and payment for the bonds. (Facsimile signature) Village Clerk (Facsimile signature) Mayor 3 . The 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, coun- terSigned by the Village Clerk, and a facsimile of the corporate seal of the Village shall be printed thereon, and the appurtenant interest coupons shall be executed and authentica.ted by the printed, engraved or lithographed facsimile signatures of the Mayor and Clerk. When the bonds have been so executed and authenticated, they shall be delivered by the Treasurer to the purchaser thereof, upon payment of the purchase price heretofore agreed upon and the purchaser shall not be obliged to see to the application thereof; but $90;000 of the proceeds shall be credited to the fund of Water Improvement No. 62-1 and $480,000 to the fund of 'Water Improvement No. 63-3, and the proceeds shall be applied solely to the payment of costs incurred and to b~ incurred in the constructions of these respective improvements. 4. Pursuant to resolutions dated November 7, 1962, February 25; 1963, and May 27, 1963, the Village has issued its Water Improvement Bonds, Series 1, 2 and 3 in the aggregate amount of $3...500,000, to finance Water Improvement No. 62-l; for 'which $90,000 of the proceeds of the present series are also a.ppropriated, and has provided for the levy of special assessments and taxes equal to l05% of the amounts required to pay principal and interest on the bonds of Series 1 to 3, and has appro- priated the same to the Water Improvement Redemption Fund. It is estimated that the special assessments to be levied upon the area assessable with respect to Water Improvement No. 63-3 will be in a. principal amount not less than $ , pay- -';;1-