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to be incurred in connection with Improvement Projects Nos. 80-1 <br /> Sand 80-2 of the City, consisting of sanitary sewer improvements; <br /> and this bond is payable primarily from ta��s_ and special assess- <br /> ments levied and to be levied from its Improvement Bonds of 1980 <br /> Fund, but constitutes a gen�ral obligation of the City; and to ' <br /> provide moneys for the prompt and full payment of said principal <br /> and interest as the same become due the full faith and credit of <br /> the City is hereby irrevocably pledged, and the City will levy <br /> additional ad valorem taxes, if required for such purpose, without <br /> limitation as to rate or amount. <br /> IT IS HEREBY CERTIFIED AND RECITED That all acts, <br /> conditions and things required by the Constitution and Laws of <br /> the State of Minnesota to be done, to happen and to be performed <br /> precedent to and in the issuance of this bond have been done, <br /> have happened and have been performed in regular and due form, <br /> time and manner as required by law; and that this bond, together <br /> with all other indebtedness of the City- outstanding on the date <br /> hereof and the date of its actual issuance and delivery, does not <br /> exceed any constitutional or statutory limitation thereon. � <br /> IN WITNESS WI�REOF, the City of Orono, Hennepin County, � <br /> Minnesota, by its City Council, has caused this bond to be executed <br /> by the facsimile signature of the Mayor and manual signature of <br /> the City Clerk, and a facsimile of the corporate seal of the City <br /> to be printed hereon, and the interest coupons hereto attached to <br /> • be executed by the facsimile signatures of said officers, all as <br /> � of December 1, 1980. <br /> • CITY OF ORONO <br /> By <br /> (Facsimile) <br /> . Mayor . . _ <br /> � - /s/ Alberta Strom <br /> City Clerk <br /> (Seal) <br /> � <br /> -4- <br />