Resolution - #83-131 - 08/15/1983

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[Face of the Bond] UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF ANOKA EITY OF RAMSEY GENERAL OBLIGATION IMPROVEmeNT BOND OF 1983 Date of Rate Maturity Original Issue CUSIP September 1, 1983 No. $ KNOW ALL MEN BY TH~SE PRESENTS that the City of Ramsey, a duly organized and existing municipal corporation in Anoka County, Minnesota (City), acknowledges itself to be indebted and for value received hereby promises to pay to or registered assigns, (without option of prior payment), the principal sum of FIVE THOUSAND DOLLARS ($5,000) on the maturity date specified above, with interest thereon from the date hereof at the annual rate specified above, payable June 1 and December 1 in each year, comm~encing June 1, 1984, to the person in whose name this Bond is registered at the close of busi- ness on the 15th day (whether or not a business day) of the immediately preceding month. The interest hereon and, upon presentation and surrender hereof, the principal hereof are payable in lawful money of the United States of America by check or draft by First Trust Company of Saint Paul, in St. Paul, Minnesota, as Bond Registrar and Paying Agent, or its desig- nated successor under the Resolution described herein. For the prompt and full payment of such principal and interest as the same respectively become due, the full faith and credit and taxing powers of the City have been and are hereby irrevocably pledged. Ail Bonds of this issue maturing after December 1, 1990 are subject to prior redemption, at the option of the City, in inverse order or serial numbers on said date and any interest payment date thereafter at a price of par plus accrued interest, plus a premium of 1/2 of 1% of the par value thereof. Additional provisions of this Bond are contained on the reverse hereof and such provisions shall for all purposes have the same effect as though fully set forth in this place. 6