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UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF RAMSEY VILLAGE OF ROSEVILLE SANITARY SEWER IMPROVEMENT BOND SERIES I No. $ KNOW ALL MEN BY THESE PRESENTS that the Village of Roseville, a duly organized municipal corporation of Ramsey County, Minnesota) acknowledges itself to be indebted and for value received promises to pay to bearer the sum of THOU- SAND DOLLARS on the 1st day of July, 19 ,or, if this bond is prepayable as stated belowj on a date prior thereto on which it shall have been duly called for redemp- tion, and to pay interest thereon at the rate of per cent ( %) per annum from the date hereof until paid or until this bond, if prepayab1e, has been duly called for redemption, plus additional interest on said principal sum at the rate of per cent ( %) per annum from ,19 to , 19 Said interest is payable July 1, 1964, and semiannually thereafter on January 1 and July 1 in each year, in- terest to maturity being payable in accordance with and upon presentation and sur- render of the interest coupons appurtenant hereto, consisting of one set of coupons representing interest from date of issue to maturity at the basic rate stated above) and a separate set designated as "B" coupons, representing interest at the addition- al rate and for the limited period stated above. Both principal and interest are payable at in ) in any coin or currency of the United States of America which on the respective dates of payment is legal tender for private and public debts. For the prompt and full payment of such principal and interest as the same become due the full faith, credit and taxing powers of the Village are hereby irrevocably pledged. , This bond is one of a series in the aggregate principal amount of $206,oo~ all of like date and tenor except as to serial number) interest rate, maturity and redemption privilege, issued by said Village for the purpose of defraying expenses incurred and to be incurred in construction of an improvement designated as "Sani- tary Sewer Improvement No.4" of the Village of Roseville, and is issued pursuant to and in full conformity with resolutions duly adopted by the Village Council after hearing as required by law and pursuant to and in full conformity with the Constitu- tion and laws of the State of Minnesota thereunto enabling, including Minnesota Statutes, Chapter 429. This bond is payable primarily from the Sanitary Sewer Im- provement Bond Sinking Fund of the Village, but the Council is required to pay the principal and interest thereof out of any funds in the treasury in the event that the moneys on hand in said fund are at any time insufficient to meet the payment of maturing principal and interest. -.1..1-