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the date hereof, does not cause the indebtedness of the City to <br />exceed any constitutional or statutory limitation thereon. <br /> <br /> IN WITNESS WHEREOF, the City of Elk River, Sherburne County, <br />Minnesota, by its City Council, has caused this Bond to be <br />executed by the manual signatures of its Mayor and City <br />Administrator; has caused the official seal of the City to be <br />impressed upon this Bond; and has caused this Bond to be dated <br /> , 1996. <br /> <br />City Administrator <br /> <br />Mayor <br /> <br />324502.1 7 <br /> <br /> <br />