Agenda - Council - 12/19/2000 - Laserfiche WebLink

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the Letter of Representations, as defined in the Resolution, and surrender of this Bond shall not be required for payment of the redemption price upon a partial redemption of this Bond. Until termination of the book-entry only system pursuant to the Resolution, Bonds may only be registered in the name of the Depository or its Nominee.]* THE ISSUER HAS ELECTED TO ISSUE THIS BOND AS A TAXABLE OBLIGATION, AND ACCORDINGLY' THE iNTEREST ON THE BOND IS INTENDED TO BE INCLUDED iN GROSS iNCOME FOR FEDERAL INCOME TAXATION PURh~OSES AND, TO THE SAtME EXTENT, IN BOTH GROSS INCOME AND TAXABLE NET INCOME FOR STATE INCO~[E TAXATION PURPOSES. REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS BON33 SET FORTH ON THE REVERSE HEREOF, WHICH PROVISIONS SHALL FOR ALL PLrRPOSES HAVE THE S,~'v[E EFFECT AS IF SET FORTH HERE. IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions and things required by the City Charter, the Constitution and laws of the State of Minnesota to be done, to happen and to be performed, precedent to and inthe issuance of this Bond, have been done, have happened and have been performed, in regular and due form, time and manner as required by law, and that this Bond, together with all other debts of the Issuer outstanding on the date of original issue hereof and on the date of its issuance and delivery to the original purchaser, does not exceed any charter, constitutional or statutory limitation of indebtedness. IN WITNESS WHEREOF, the City of Ramsey, Anoka County, Minnesota, by its City Council has caused this Bond to be executed on its behalf by the facsimile signatures of its Mayor and its Administrator, the corporate seal of the Issuer having been intentionally omitted as permitted by law. Include only until termination or' the book-entry only system under paragrapt~ 2 hereof. 1237935.i I I I I I I I I I I I I I I