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<br />Authentication. This Certificate shall not be valid or become obligatory for any purpose <br />or be entitled to any security unless the Certificate of Authentication hereon shall have been <br />executed by the Registrar. <br /> <br />Designation as Qualified Tax-Exempt Obligations. The Issuer will qualify the <br />Certificates as "qualified tax exempt obligations" within the meaning of Section 265(b )(3) of the <br />. - -----Intemal-Revenue Code of 1986, as amended. . - ----.--- _.. ---.. -. . <br /> <br />IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions and things <br />required by the Constitution, laws of the State of Minnesota and the Charter of the Issuer to be <br />done, to happen and to be performed, precedent to and in the issuance of this Certificate, have <br />been done, have happened and have been performed, in regular and due form, time and manner <br />as required by law, and that this Certificate, together with all other debts of the Issuer <br />outstanding on the date of original issue hereof and the date of its issuance and delivery to the <br />original purchaser, does not exceed any constitutional or statutory or Charter limitation of <br />indebtedness. <br /> <br />IN WITNESS WHEREOF, the City of Ramsey, Anoka County, Minnesota, by its City <br />Council has caused this Certificate to be executed on its behalf by the facsimile signatures of its <br />Mayor and its Administrator, the corporate seal of the Issuer having been intentionally omitted as <br />permitted by law. <br /> <br />Date of Registration: <br /> <br />Registrable by: NORTHLAND TRUST <br />SERVICES, INC. <br /> <br />Payable at: NORTHLAND TRUST <br />SERVICES, INC. <br /> <br />REGISTRAR'S CERTIFICATE OF <br />AUTHENTICATION <br /> <br />CITY OF RAMSEY, <br />ANOKA COUNTY, <br />MINNESOTA <br /> <br />This Certificate is one of the <br />Certificates described in the <br />Resolution mentioned within. <br /> <br />Isl Facsimile <br />Mayor <br /> <br />NORTHLAND TRUST SERVICES, INC., <br />Minneapolis, Minnesota <br />Registrar <br /> <br />By <br />Authorized Signature <br /> <br />Isl Facsimile <br />Administrator <br /> <br />1987047vl <br /> <br />8 <br />