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Notwith~tanding such execution, no Bond shall be valid or obligatory for <br />any purpose or entitled to any security or benefit under this Resolution <br />unless a,d until a certificate of authentication on such Bond has been duly <br />executed by the manual signature of an authorized representative of the <br />Registrars. Certificates of authentication on different Bonds need not be <br />signed by the same representative. The executed certificate of authentica- <br />tion on e~ch Bond shall be conclusive evidence that it has been authenti- <br />cated m~d dalivered under this Resolution. When the Bonds have been so <br />prepared~ ezecuted and authenticated, the Treasurer shall deliver the same <br />to the P~rchaser thereof upon payment of the purchase price in accordance <br />with the contract of sale heretofore made and executed, and the Purchaser <br />shall ~ot b~ obiigated to see to the application of the purchase price. <br /> <br /> 2o06~ [fe~orary Bond~. The City may elect to deliver in lieu of <br />printed def~n~.tive Bonds, one or more typewritten Bonds in substantially <br />the for~.~ sci: forth in Section 3 with such changes as may be necessary to <br />ref2ec~ ~ore than one maturity in a single temporary Bond. Upon the <br />execution aud delivery of definitive Bonds the temporary Bonds should be <br />exchang~.d ~herefor and cancelled. <br /> <br />ge(tio~ 3~ Form of Bond. <br /> <br />The Bonds shall be printed in substantially the following form: <br /> <br />[Face of the Bond] <br /> <br />UNITED STATES OF AMERICA <br /> STATE OF MINNESOTA <br /> COUNTY OF ANOKA <br /> <br />CITY OF RAMSEY <br /> <br />OBLIGATION TAXABLE TAX INCREMENT BONDS, SERIES 1987C <br /> <br />Rate <br /> <br />Date of <br />O.ri~inal Issue CUSIP <br /> <br />August 1, 1987 <br /> <br /> '[b~' Cilty of Ramsey, a duly organized and existing municipal corpo- <br />ration Jn Anoka County, Minnesota (City), acknowledges itself to be indebt- <br />ed and ~o~3 value received hereby promises to pay to <br /> <br />or regJ~;::er,~d assigns, the principal sum of $ on the maturity date <br />specified above with interest thereon from the date hereof at'the annual <br />rate spe~u~fied above, payable February I and August 1 in each year, commen- <br />cing February i, 1988, to the person in whose name this Bond is registered <br />at the c]osa of business on the fifteenth day (whether or not a business <br /> <br /> <br />