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It is hereby certified and recited that the issuance of the Bonds and the acquisition and <br />construction of the Project will promote the public welfare and carry out the purposes of the <br />Issuer Powers Act; that all acts, conditions and things required to be done precedent to and in the <br />issuance of this Bond and the series of which it is a part have been properly done, have happened <br />and bare been performed in regular and due time, form and manner as required by law; and that <br />this Bond and the series of which it is a part do not constitute a debt of the Issuer or the City <br />within the meaning of any constitutional or statutory limitation, except insofar as this Bond shall <br />be payable from revenues derived from the Lease or as may otherwise be available for such <br />purposes pursuant to the Indenture. <br /> <br /> This Bond shall not be valid or become obligatory for any purpose until it Shall have been <br />authenticated by the manual execution of the Trustee's Certificate of Authentication. <br /> <br /> IN WITNESS WHEREOF, the Economic Development Authority of the City of Ramsey, <br />Mirmesota, by its Board of Commissioners, has caused this 'Bond' to be executed in its name by <br />the fhcsimile signatures of its Chair and Vice Chair, the seal of the Issuer having been <br />i~te~tionally omitted as permitted by law, all as of the Date of Original Issue specified above. <br /> <br />Date of Registration <br /> <br />Registrable by: <br />Payable at: <br /> <br />U.S. BANK NATIONAL <br />ASSOCIATION <br />U.S. BANK NATIONAL <br />ASSOCIATION <br /> <br />TRUSTEE'S CERTIFICATE OF <br />AUTHENTICATION <br />This Bond is one of the Bonds described in <br />thc indenture mentioned with/ri. <br /> <br />[J.S. BANK NATIONAL ASSOCIATION <br /> St. Paul, Minhesota, Trustee <br />By <br /> Authorized Signature <br /> <br />ECONOMIC DEVELOPMENT AUTHORITY <br />OF THE CITY OF THE RAMSEY, <br />lvlINNESOTA <br /> <br />' /s/ Facsimile) <br /> <br />Chair <br /> <br />/s/ (Facsimile) <br />Vice Chair <br /> <br />[STATEMET,IT OF INSURANCE] <br /> <br />1'/63903vl <br /> <br />75 <br /> <br /> <br />