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a) <br /> <br />Substitute the following paragraph for the final paragraph <br />of the bond: <br /> <br />"IN WITNESS WHEREOF, the City of Ramsey, Anoka County, <br />Minnesota, by its City Council, has caused this bond to be <br />executed by the facsimile signatures of its Mayor and City <br />Administrator/Clerk-Treasurer and to be sealed with (the <br />facsimile of) the corporate seal of the City, and the <br />interest coupons hereto attached to be executed and authen- <br />ticated by the facsimile signatures of said officers, except <br />for the manual signature of its duly authorized Authen- <br />ticating Agent on the reverse side of this bond, all as of <br />October 1, 1981." <br /> <br />Add the following on the reverse side of the bond: <br /> <br />"This Bond is one of the Bonds of the series designated <br />herein issued pursuant to the resolution authorizing its <br />issuance and delivery." <br /> <br />of <br /> <br />As Authenticating Agent <br /> <br />Bank <br /> <br />By <br /> <br />Its Authorized Officer <br /> <br />The Bonds, when fully executed, shall be delivered by the City Admin- <br />istrator/Clerk-Treasurer to the purchaser thereof upon receipt of the <br />purchase price, and the purchaser shall not be obligated to see to the <br />proper application thereof. <br /> <br /> 7. The Bonds shall be payable from the General Obligation <br />Improvement Bonds of 1981 Fund (the "Si~king Fund") hereby created, <br />and the proceeds of the general taxes hereinafter levied and special <br />assessments to be levied for the improvements (the "Improvements") <br />financed by the Bonds are hereby pledged to the Fund. If any payment <br />of principal or interest on the Bonds shall become due when there is <br />not sufficient money in the Fund to pay the same, the City Administra- <br />tor/Clerk-Treasurer shall pay such principal or interest from the <br />general fund of the City, and such fund may be reimbursed for such <br />advances out of proceeds of assessments for the Improvements, when <br />collected. <br /> <br /> 8. It is hereby determined that the City will levy special <br />assessments for the Improvements in the principal amount of at least <br />20% of the cost of the Improvements. To pay the City's share of the <br />cost of the Improvements, there is hereby levied a direct, annual, <br />irrepealable ad valorem tax levy against all taxable properties in the <br />City, which tax levies shall be in the years and amounts as follows <br />(year stated being year of levy for collection the following year.) : <br /> <br /> <br />