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<br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />numbers as, at $5,000 for each number, shall equal the principal <br />amount of such Bonds to be redeemed. The Bonds to be redeemed <br />shall be the Bonds to which were assigned numbers so selected; <br />provided, however, that only so much of the principal amount of <br />each such Bond of a denomination of more than $5,000 shall be <br />redeemed as shall equal $5,000 for each number assigned to it and <br />so selected. If a Bond is to be redeemed only in part, it shall <br />be surrendered to the Bond Registrar (with, if the City or Bond <br />Registrar so requires, a written instrument of transfer in form <br />satisfactory to the City or Bond Registrar duly executed by the <br />registered owner thereof or by the registered owner's attorney, <br />duly authorized in writing) and the City shall execute (if <br />necessary) and the Bond Registrar shall authenticate and deliver <br />to the registered owner of such Bond, without service charge, a <br />new Bond or Bonds of the same series having the same stated <br />maturity and interest rate and of any authorized denomination or <br />denominations, as requested by such registered owner, in <br />aggregate principal amount equal to and in exchange for the <br />unredeemed portion of the principal of the Bond so surrendered. <br /> <br />7. ~ond Reqistrar. <br />, in , Minnesota, is appointed to <br />act as bond registrar and transfer agent with respect to the <br />Bonds (the "Bond Registrar"), and shall do so unless and until a <br />successor Bond Registrar is duly appointed, all pursuant to any <br />contract the City and Bond Registrar shall execute which is <br />consistent herewith. The Bond Registrar shall also serve as <br />paying agent unless and until a successor paying agent is duly <br />appointed. The principal of and interest on the Bonds shall be <br />paid to the registered owners (or record owners) of the Bonds in <br />the manner set forth in the form of Bond and paragraph 13 of this <br />Resolution. <br /> <br />8. Form of Bond. The Bonds, together with the Bond <br />Registrar's Certificate of Authentication, the form of Assignment <br />and the registration information thereon, shall be in <br />substantially the following form: <br /> <br />246005 <br /> <br />6 <br />