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<br />." # <br />! <br /> <br />, <br />, . <br /> <br />PAYING AGENT <br /> <br />Bidder's discretion. <br /> <br />CUSIP NUMBERS <br /> <br />. <br /> <br />The bonds will be printed without CUSIP numbers <br />unless requested by the purchaser who must agree in the offer <br />for the Bonds to pay all costs and expenses thereof including <br />printing and CUSIP Service Bureau charges. Any failure to <br />print such numbers or errors in printing shall not be cause for <br />failure or refusal of the purchaser to accept delivery of and <br />payment for the bonds in accordance with the purchase contract. <br />The purchaser shall waive any extension in delivery time due <br />to use of the numbers and shall accept all responsibility in <br />connection with use of CUSIP numbers. <br /> <br />DEI,IVERY <br /> <br />Thirty days after award subject to approving legal <br />opuuon of Messrs. Peterson, Popovich, IDlutson & Flynn, <br />Professional Association of st. paul, Minnesota, and Briggs <br />and Morgan, Professional Association, of st. paul, Minnesota. <br />Bond printing and legal opinion will be paid by issuer and <br />delivery will be anywhere in the continental united states <br />without cost to the purchaser. I,egal opinion will be printed <br />on the bonds at the request of the successful bidder. <br /> <br />TYPE OF BID <br /> <br />Sealed bids of not less than $500,000 and accrued <br />interest on the principal sum of $500,000 from date of bonds <br />to date of delivery must be filed with the undersigned prior <br />to the time of sale. Bids must be unconditional except as to <br />legality. A certified or cash ier' s check ,in the amount of <br />$10,000, payable to the order of the Treasurer of the issuer <br />must accompany each bid, to be forfeited as liquidated damages <br />if bidder fails to comply with accepted bid. Bids for the <br />bonds should be addressed to Charlotte McNiesh, City Clerk, <br />1450 W. Hwy. 96, Arden Hills, Minnesota 55112 <br /> <br />RATES <br /> <br />. <br /> <br />All rates must be in integral multiples of 1/20th or <br />1/8th of 1% and may not exceed 7"10 per annum. Additional <br />interest coupons may not be used. All bonds of the same <br />maturity must bear a single uniform rate from date of issue to <br />maturity and no rate of any maturity may be lower than the <br />highest rate applicable to bonds of any preceding maturities. <br />NO limitation is placed upon the number of rates which may be <br />used. <br /> <br />-3- <br />