Laserfiche WebLink
Capital Improvement Plan Bonds, Series 2012A, dated June 1, 2012 which mature on and after <br />December 15, 2022. This Bond is payable out of the General Obligation Capital Improvement <br />Plan Refunding Bonds, Series 2021A Fund of the Issuer. This Bond constitutes a general <br />obligation of the Issuer, and to provide moneys for the prompt and full payment of its principal, <br />premium, if any, and interest when the same become due, the full faith and credit and taxing <br />powers of the Issuer have been and are hereby irrevocably pledged. <br />Denominations; Exchange; Resolution. The Bonds are issuable solely in fully registered <br />form in Authorized Denominations (as defined in the Resolution) and are exchangeable for fully <br />registered Bonds of other Authorized Denominations in equal aggregate principal amounts at the <br />principal office of the Bond Registrar, but only in the manner and subject to the limitations <br />provided in the Resolution. Reference is hereby made to the Resolution for a description of the <br />rights and duties of the Bond Registrar. Copies of the Resolution are on file in the principal <br />office of the Bond Registrar. <br />Transfer. This Bond is transferable by the Holder in person or the Holder's attorney duly <br />authorized in writing at the principal office of the Bond Registrar upon presentation and <br />surrender hereof to the Bond Registrar, all subject to the terms and conditions provided in the <br />Resolution and to reasonable regulations of the Issuer contained in any agreement with the Bond <br />Registrar. Thereupon the Issuer shall execute and the Bond Registrar shall authenticate and <br />deliver, in exchange for this Bond, one or more new fully registered Bonds in the name of the <br />transferee (but not registered in blank or to "bearer" or similar designation), of an Authorized <br />Denomination or Denominations, in aggregate principal amount equal to the principal amount of <br />this Bond, of the same maturity and bearing interest at the same rate. <br />Fees upon Transfer or Loss. The Bond Registrar may require payment of a sum <br />sufficient to cover any tax or other governmental charge payable in connection with the transfer <br />or exchange of this Bond and any legal or unusual costs regarding transfers and lost Bonds. <br />Treatment of Registered Owners. The Issuer and Bond Registrar may treat the person in <br />whose name this Bond is registered as the owner hereof for the purpose of receiving payment as <br />herein provided (except as otherwise provided herein with respect to the Record Date) and for all <br />other purposes, whether or not this Bond shall be overdue, and neither the Issuer nor the Bond <br />Registrar shall be affected by notice to the contrary. <br />Authentication. This Bond shall not be valid or become obligatory for any purpose or be <br />entitled to any security unless the Certificate of Authentication hereon shall have been executed <br />by the Bond Registrar. <br />Not Qualified Tax-Exempt Obligation. This Bond has not been designated by the Issuer <br />as a "qualified tax-exempt obligation" for purposes of Section 265(b)(3) of the Internal Revenue <br />Code of 1986, as amended. <br />IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions and things <br />required by the Constitution, Charter of the Issuer and laws of the State of Minnesota to be done, <br />to happen and to be performed, precedent to and in the issuance of this Bond, have been done, <br />have happened and have been performed, in regular and due form, time and manner as required <br /> 9 <br /> <br />71128706v1 <br /> <br /> <br />