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� <br /> 4-,�. <br /> � 0 �: 0 . . <br /> � CITY of ORONO <br /> ,� -- ,. � <br /> , ti <br /> ��� �G~' RESOLUTION OF THE CITY COUNCIL <br /> �kESH.Og' �NO. _ � � � � tv <br /> rate will be issued to the designated transferee or transferees. The Registered Owner of this <br /> Bond may be treated as the absolute owner hereof for all purposes. <br /> The Bonds of this series are issuable only as fully registered bonds without � <br /> coupons in denominations of$5,000 or any integral multiple thereof not exceeding the principal <br /> amount maturing in any one year. As provided in the Resolution and subject to certain <br /> limitations therein set forth,the Bonds of this series are exchangeable for a like aggregate <br /> principal amount of Bonds of this series of a different authorized denomination, as requested by <br /> the Registered Owner or the owner's duly authorized attorney upon surrender thereof to the Bond <br /> . Registrar. <br /> IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions and things <br /> required.by the Constitution and laws of the State of Minnesota to be done,to happen and to be <br /> performed precedent to and in the issuance of this Bond have been done,have happened and <br /> have been performed in regular and due form, time and manner as required by law and that this <br /> • Bond, together with all other indebtedness of the City outstanding on the date of its issuance, <br /> does not exceed any constitutional or statutory limitation of indebtedness. <br /> This Bond shall not be valid or become obligatory for any purpose until the <br /> . Certificate of Authentication and Registration hereon shall have been signed by the Bond <br /> Registrar. <br /> IN WITNESS WHEREOF, the City of Orono,Minnesota,by its City Council,has <br /> caused this Bond to be executed in its behalf by the facsimile signature of the Mayor and by the <br /> facsimile signature of the City Clerk, all as of the Date of Original Issue specified above. <br /> Dated: July 1, 2003 . <br /> � �Facsimile SiQnature) � <br /> � Mayor <br /> �Facsimile Si aturel <br /> ' City Clerk <br /> Bond Registrar's Certificate of Authentication and Registration <br /> • <br /> _ <br /> Page 4 of 12 <br />