Resolution - #89-11-321 - 11/28/1989

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bank or n't~st comgany authorized by law to conduct such business, such corporation is authorized to act as successor Registrar. The City agrees to pay the reasonable and customary charges of the Registrar fi)r the se,x, ices performed. The City reserves the right to remove the Registrar'upon 30 days' notice and ~pon the appointment of a successor Registrar, in which event the predecessor Registrar mugt deliver all cash and Bonds in its possession to the successor Registrar and must deliver the bomt ~egister to the successor Registrar. On or before each principal or interest due date, withom further order of this Council, the Finance Officer must transmit to the Registrar moneys suftickmt for the payment of all principal and interest then due. 2~ 05..Exe..cution, Authentication and Delivery_. The Bonds will be prepared under the direction of ~:he City Administrator and executed on behalf of the City by the signatures of the Mayor &nd the (?ity Administrator, provided that all signatures may be printed, engraved or lithographed facsm-files of the originals. In case any officer whose signature or a facsimile of whose signature appears on the Bonds ceases to be such officer before the delivery of any Bond, such signatme or f'aesimile will nevertheless be valid and sufficient for all purposes, the same as if the officer had remained in office until delivery. Notwithstanding such execution, a Bond will not be valid or ~bligatory for any purpose or entitled to any security or benefit under this Resolution unless and ttr:til a certificate of authentication on the Bond has been duly executed by the manual signature {~f a n at~thorized representative of the Registrar. Certificates of authentication on different Bonds need not tm signed by the same representative. The executed certificate of authentication on each Bond is co~clusive evidence that it has been authenticated and delivered under this Resolution. When the Bonds have been so prepared, executed and authenticated, the Finance Officer shal! deliver the same to the Purchaser upon payment of the purchase price in accordance with the c(}nn;act ()f sale heretofore made and executed, and the Purchaser is not obligated to see to the applicafio~ ,_~f the purchase price. '2.06. Temporms, Bonds. The City may elect to deliver in lieu of printed definitive Bonds one. (~r more typewritten temporary Bonds in substantially the form set forth in Section 3 with such changes as may be necessary to reflect more than one maturity in a single temporary bond. Upon the execution and delivery of definitive Bonds the temporary Bonds will be exchanged therefore and cancelled. 3.01. Thc: t!(mds will be printed in substantially the following form: Rate [Face of the Bond] UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF ANOKA CITY OF RAMSEY (]I,:NERAL OBLIGATION TAX INCREMENT BOND, SERIES 1989B Date of _M_aturity~ .Original Issue CUSIP December 1, 1989 No. $