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7/17/2007 8:37:02 AM
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12/2/2004 8:45:23 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
9176
Resolution Title
Awarding the sale of $2,500,000 General Obligation Improvement Bonds, Series 21; fixing their form and specifications; directing their execution and delivery; and providing for their payment (4/24/95).
Resolution Date Passed
4/24/1995
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<br />benefit under this Resolution unless and until a certificate of authentication on the <br />Bond has been duly executed by the manual signature of an authorized <br />representative of the Registrar. Certificates of authentication on different Bonds <br />need not be signed by the same representative. The executed certificate of <br />authentication on each Bond is conclusive evidence that it has been authenticated <br />and delivered under this Resolution. When the Bonds have been so prepared, <br />executed and authenticated, the Finance Director will deliver the same to the <br />Purchaser upon payment of the purchase price in accordance with the contract of <br />sale heretofore made and executed, and the Purchaser is not obligated to see to the <br />application of the purchase price. <br /> <br />2.06. Temporary Bonds. The City may elect to deliver in lieu of printed <br />definitive Bonds one or more typewritten temporary Bonds in substantially the form <br />set forth in Section 3 with such changes as may be necessary to reflect more than one <br />maturity in a single temporary bond. Upon the execution and delivery of definitive <br />Bonds the temporary Bonds will be exchanged therefor and cancelled. <br /> <br />Section 3. Form of Bond. <br /> <br />3.01. The Bonds will be prepared in substantially the following form: <br /> <br />[Face of the Bond] <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF ROSEVILLE <br /> <br />GENERAL OBLIGATION IMPROVEMENT BOND, SERIES 21 <br /> <br />Rate <br /> <br />Maturity <br /> <br />Da te of <br />Oriv:inal Issue <br /> <br />CUSIP <br /> <br />May 15, 1995 <br /> <br />No. <br /> <br />$ <br /> <br />Registered Owner: Kray & Co. <br /> <br />The City of Roseville, Minnesota, a duly organized and existing municipal <br />corporation in Ramsey County, Minnesota (City) , acknowledges itself to be indebted <br />and for value received hereby promises to pay to Kray & Co. , or registered assigns, <br />the principal sum of $ on the maturity date specified above, with interest <br />thereon from the date hereof at the annual rate specified above, payable March 1 and <br />September 1 in each year, commencing September 1, 1995, to the person in whose <br />name this Bond is registered at the close of business on the fifteenth day (whether <br />or not a business day) of the immediately preceding month. The interest hereon <br />and, upon presentation and surrender hereof, the principal hereof are payable in <br />lawful money of the United States of America by check or draft by the Finance <br />Director of the City of Roseville, Minnesota, as Bond Registrar, Paying Agent, <br /> <br />DJX871l7 <br />RS200-14 <br />
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