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<br />... ~ <br /> <br />" <br />. <br />. <br /> <br />, <br /> <br />. <br /> <br />. <br /> <br />AWARD <br /> <br />Award will be made solely on the basis or lowest <br />dollar interest cost, determined by deduction or any premium <br />rrom the total interest on all bonds from their date to their <br />stated maturity. The net erfective average rate or the issue <br />may not exceed 7% per annum. <br /> <br />The Issuer reserves the right to reject any and all <br />bids, to waive informalities and to adjourn the sale. <br /> <br />Dated: January 3 <br /> <br />, 197.1.. <br /> <br />BY ORDER OF THE CITY COUNCIL <br /> <br />Is/Charlotte McNiesh <br />City Clerk <br /> <br />Additional inrormation may be obtained rrom: <br /> <br />PETERSON, POPOVICH, KNUTSON <br />City Bond Consultants <br />314 Minnesota Building <br />St. Paul, Minnesota 55101 <br />Telephone: 1-612-222-5515 <br /> <br />& FLYNN <br /> <br />-4- <br />