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IN WITNESS WHEREOF, the City of Ramsey, Anoka County, Minnesota, by its City <br />Council, has caused this Bond to be executed on its behalf by the facsimile or manual signatures of <br />the Mayor and City Administrator and has caused this Bond to be dated as of the date set forth <br />below. <br /> <br />Dated: <br /> <br />CITY OF RAMSEY, MINNESOTA <br /> <br /> .(Facsimile) <br />City Administrator Mayor <br /> <br />.(Facsimile) <br /> <br /> CERTIFICATE OF AUTHENTICATION <br /> <br />This is one of the Bonds delivered pursuant to the Resolution mentioned within. <br /> <br />By <br /> A-~,thorized Representative <br /> <br />[Reverse of the Bond] <br /> <br /> This Bond is one of an issue in the aggregate principal amount of $1,195,000 all of like <br />original issue date and tenor, except as to number, maturity date, redemption privilege, and interest <br />rate, all issued pursuant to a resolution adopted by the City Council on January 12, 1999 (the <br />Resolution), for the purpose of providing money to aid in financing the public development costs of <br />a project (Project) in the City in cooperation with the Anoka County Housing and Redevelopment <br />Authority, pursuant to and in full conformity with the home rule charter of the City and the <br />Constitution and laws of the State of Minnesota, including Minnesota Statutes, Sections 469.174 to <br />469.179, the Minnesota Tax Increment Financing Act, and Minnesota Statutes, Sections 469.124 <br />through 469.134 and the principal hereof and interest hereon are payable from tax increments <br />resulting from increases in taxable valuation of real property in certain tax increment financing <br />districts in the Project and certain other revenues, as set forth in the Resolution to which reference is <br />made for a full statement of rights and powers thereby conferred. The full faith and credit of the <br />City are irrevocably pledged for payment of this Bond and the City Council has obligated itself to <br />levy ad valorem taxes on all taxable property in the City in the event of any deficiency in tax <br />increments and other revenues pledged, which taxes may be levied without limitation as to rate or <br />amount. The Bonds of this series are issued only as fully registered Bonds in denominations of <br />$5,000 or any integral multiple thereof of single maturities. <br /> <br />SJB-156196 <br />RA 125-54 <br /> <br /> <br />