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<br />Resolution. When the Bonds have been so prepared, executed and authenticated, <br />the Finance Director will deliver the same to the Purchaser upon payment of the <br />purchase price in accordance with the contract of sale heretofore made and executed, <br />and the Purchaser is not obligated to see to the 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 printed in substantially the following form: <br /> <br />No. R- <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 22 <br /> <br />$ <br /> <br />Rate <br /> <br />Maturity <br /> <br />Date of <br />Orie:inal Issue <br /> <br />May 15, 1996 <br /> <br />CUSIP <br /> <br />Registered Owner: Cede & 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 <br /> <br />or registered assigns, the principal sum of $ on the maturity date <br />specified above with interest thereon from the date hereof at the annual rate <br />specified above, payable March 1 and September 1 in each year, commencing <br />September 1, 1996, to the person in whose name this Bond is registered at the close <br />of business on the fifteenth day (whether or'not a business day) of the immediately <br />preceding month. The interest hereon and, upon presentation and surrender <br />hereof, the principal hereof are payable in lawful money of the United States of <br /> <br />DJltl03226 <br />RS2oo-16 <br />