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1 <br /> <br /> <br />Extract of Minutes of Meeting <br />of the City Council of the City of <br />Arden Hills, Ramsey County, Minnesota <br /> <br /> <br /> Pursuant to due call and notice thereof, a regular meeting of the City Council of the City <br />of Arden Hills, Minnesota, was duly held in the City Hall in said City on Monday, June 25, <br />2018, commencing at 7:00 P.M. <br /> The following members were present: <br /> <br />and the following were absent: <br /> <br />* * * * * * * * * <br /> <br /> The Mayor announced that the next order of business was consideration of the proposals <br />which had been received for the purchase of the City's General Obligation Utility Revenue <br />Bonds, Series 2018A, to be issued in the original aggregate principal amount of $_________. <br /> The City Administrator presented a tabulation of the proposals that have been received in <br />the manner specified in the Terms of Proposal for the Bonds. The proposals are as set forth in <br />Exhibit A attached. <br /> After due consideration of the proposals, Member ____________________ then <br />introduced the following resolution, the reading of which was dispensed with by unanimous <br />consent, and moved its adoption: <br /> <br /> <br />