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Signature Guaranteed: <br /> <br />Signature(s) must be guaranteed by a national bank or trust company or by a <br />brokerage firm having a membership in one of the major stock exchanges. <br /> <br /> The Bond Registrar will not effect transfer of this Bond unless the information <br />concerning the assignee requested below is provided. <br /> <br />Name and Address: <br /> <br />(Include information for all joint owners if <br />this Bond is held by joint account. ) <br /> <br />Please insert social security or other <br />identifying number of assignee <br /> <br /> 3.02. The City Administrator is authorized and directed to obtain a copy of <br />the proposed approving legal opinion of Kennedy & Graven, Chartered, Minneapolis, <br />Minnesota, which is to be complete except as to dating thereof and cause the opinion <br />to be printed on each Bond, together with a certificate to be signed by the facsimile <br />signature of the City Administrator in substantially the form set forth in the form of <br />Bond. The City Administrator is authorized and directed to execute the certificate <br />in the name of the City upon receipt of the opinion and to file the opinion in the City <br />offices. <br /> <br />Section 4. Payment; Security~ Pledges and Covenants. <br /> <br />4.01. (a) The Bonds are payable from the Taxable General Obligation Tax <br />Increment Refunding Bonds, Series 1996A Debt Service Fund (Debt Service <br />Fund) hereby created, and the proceeds of tax increments resulting from <br />increases in the taxable value of real property in a tax increment financing <br />district in the City financed by the Refunded Bonds as hereinafter defined] <br />are hereby pledged to the Debt Service Fund. <br /> <br /> (b) The debt service fund, if any, heretofore established for the <br />Refunded Bonds as defined in the resolution providing for the issuance and <br />sale of the Bonds, is terminated, and all monies therein are hereby <br />transferred to the Debt Service Fund herein created. If any payment of <br />principal or interest on the Bonds will become due when there is not sufficient <br />money in the Debt Service Fund to pay the same, the City Finance Officer will <br />pay such principal or interest from the general fund of the City, and the <br /> <br /> <br />