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REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF <br />THIS BOND SET FORTH ON THE REVERSE HEREOF, WHICH PROVISIONS SHALL <br />FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH HERE. <br /> <br /> IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions and things <br />required by the Constitution and laws of the State of Minnesota to be done, to have happened and <br />to be performed, precedent to and in the issuance of this Bond, have been done, have happened and <br />have been performed in regular and due form, time and manner as required by law, and that this <br />Bond, together with all other indebtedness of the City outstanding on the date of original issue <br />hereof and the date of its actual issuance and delivery to the original purchaser, does not exceed any <br />constitutional or statutory limitation of indebtedness. <br /> <br /> IN WITNESS WHEREOF, the City of Elk River, Sherburne County, Minnesota, by <br />its City Council, has caused this Bond to be executed on its behalf by the facsimile signatures of its <br />Mayor and its City Administrator; has caused the corporate seal of the City to be intentionally <br />omitted herefrom, as permitted by law; and has caused this Bond to be executed manually by the <br />Bond Registrar, acting as the City's duly appointed authenticating agent for the Bonds. <br /> <br />S:\ADMIN~Resolutions\2003 Resolutions\Unapproved\Bondl.DOC 9 <br /> <br /> <br />