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Taxable Interest. The interest on this Bond is included in the gross income of the owner <br />hereof for purposes of United States income tax and to the same extent in both gross income and <br />taxable net income for purposes of State of Minnesota income tax. <br /> <br /> IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions and things <br />required by the Constitution and laws of the State of Minnesota to be done, to happen and to be <br />performed, precedent to and in the issuance of this Bond, have been done, have happened and <br />have been performed, in regular and due form, time and manner as required by law, and that this <br />Bond, together with all other debts of the Issuer outstanding on the date of original issue hereof <br />and the date of its issuance and delivery to the original purchaser, does not exceed any <br />constitutional or statutory limitation of indebtedness. <br /> <br /> IN WITNESS WHEREOF, the City ofRamsey, Anoka County, Minnesota, by its City <br />Council has caused this Bond to be executed on its behalf by the facsimile signatures of its <br />Mayor and its Administrator, the corporate seal of the Issuer having been intentionally omitted as <br />permitted by law. <br /> <br />Date of Registration: <br /> <br />BOND REGISTRAR'S <br />CERTIFICATE OF <br />AUTHENTICATION <br /> <br />This Bond is one of the Bonds <br />described in the Resolution <br />mentioned within. <br /> <br />NORTHLAND TRUST <br />SERVICES, INC. <br />Minneapolis, Minnesota <br />Bond Registrar <br /> <br />Registrable by: NORTHLAND TRUST <br /> SERVICES, INC. <br />Payable at: NORTHLAND TRUST <br /> SERVICES, INC. <br /> <br />CITY OF RAMSEY, <br />ANOKA COUNTY, MINNESOTA <br /> <br />/s/ Facsimile <br /> <br />Mayor <br /> <br />/s/ Facsimile <br /> <br />Administrator <br /> <br />By <br /> <br />Authorized Signature <br /> <br />1849055vl <br /> <br /> <br />