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<br />. <br /> <br />. <br /> <br />. <br /> <br />CERTIFICATE OF AUTHENTICATION <br /> <br />This is one of the Bonds delivered pursuant to the <br />Resolution mentioned within. <br /> <br />By: <br /> <br />Authorized Representative <br /> <br />[Reverse of the Bonds] <br /> <br />This Bond is one of an issue in the aggregate principal <br />amount of $410,000, all of like date and tenor, except as to <br />maturity date, interest rate, denomination, and redemption <br />privilege issued pursuant to a resolution adopted by the City <br />Council on November 6, 1989 (the Resolution), to provide funds <br />to finance the public development costs of a project in the <br />District, and is issued pursuant to and in full conformity with <br />the Constitution and laws of the State of Minnesota thereunto <br />enabling, including Chapters 469 and 475. The Bonds of this <br />series are issuable only as fully registered bonds, in <br />denominations of $5,000 or any multiple thereof, of single <br />maturities. <br /> <br />Bonds of this issue maturing in 1999 and earlier years are <br />payable on their respective stated maturity dates without <br />option of prior payment, but Bonds having stated maturity dates <br />in 2000 and later years are each subject to redemption and <br />prepayment at the option of the Issuer, in whole or in part, <br />and if in part in inverse order of maturity dates and by lot, <br />assigned in proportion to their principal amount, within any <br />maturity, on February 1, 1999, and any date thereafter, at a <br />price equal to the principal amount thereof plus interest <br />accrued to the date of redemption. Prior to the date specified <br />for the redemption of any Bond which is to be called for <br />redemption prior to its stated maturity date, the Issuer will <br />cause notice of the call for redemption to be published as <br />required by law, and, at least thirty (30) days prior to the <br />designated redemption date, will cause notice of the call for <br />redemption thereof to be mailed to the registered owner of any <br />Bond to be redeemed at his address as it appears on the bond <br />register maintained by the Registrar. Upon partial redemption <br />of any Bond, a new Bond or Bonds will be delivered to the owner <br />without charge, representing the remaining principal amount <br />outstanding. <br /> <br />As provided in the Resolution and subject to certain <br />limitations set forth therein, this Bond is transferable upon <br />the books of the Issuer at the principal office of the <br /> <br />11. <br />