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<br />. <br /> <br />. <br /> <br />. <br /> <br />due, if the net revenues from the System, and any other sums irrevocably appropriated to the <br />Debt Service Account are insufficient therefor and that this Bond, together with all other debts of <br />the Issuer outstanding on the date of original issue hereof and the date of its issuance and <br />delivery to the original purchaser, does not exceed any constitutional or statutory limitation of <br />indebtedness. <br /> <br />IN WITNESS WHEREOF, the City of Elk River, Sherburne County, Minnesota, by its <br />City Council has caused this Bond to be executed on its behalf by the facsimile signatures of its <br />Mayor and its City Administrator, the corporate seal of the Issuer having been intentionally <br />omitted as permitted by law. <br /> <br />Date of Registration: <br /> <br />Registrable by: U.S. BANK NATIONAL <br />ASSOCIATION <br /> <br />Payable at: <br /> <br />U.S. BANK NATIONAL <br />ASSOCIATION <br /> <br />BOND REGISTRAR'S <br />CERTIFICATE OF <br />AUTHENTICATION <br />This Bonds is one of the <br />Bonds described in the <br />Resolution mentioned <br />within. <br /> <br />CITY OF ELK RIVER, <br />SHERBURNE COUNTY, MINNESOTA <br /> <br />/s/ Facsimile <br />Mayor <br /> <br />U.S. BANK NATIONAL <br />ASSOCIATION <br />St. Paul, Minnesota <br />Bond Registrar <br /> <br />/s/ Facsimile <br />City Administrator <br /> <br />By: <br /> <br />Authorized Signature <br /> <br />1 768593vl <br /> <br />11 <br /> <br />D5-5\- <br />