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<br />within 24 hours after the issuer has been advised of the pro- <br />posed agent. Issuer will pay customary charges. <br /> <br />CUSIP NUMBERS <br /> <br />. <br /> <br />The bonds will be printed without CUSIP numbers unless re- <br />quested by the purchaser who must agree in the Offer for the <br />Bonds to pay all costs and expenses thereof including printing <br />and CUSIP Service Bureau charges. Any failure to print such <br />numbers or errors in printing shall not be cause for failure <br />or refusal of the purchaser to accept delivery of and pay for <br />the bonds in accordance with the purchase contract. The pur- <br />chaser shall waive any extension in delivery time due to use <br />of the numbers and shall accept all responsibility in connection <br />with use of the CUSIP numbers. <br /> <br />DELIVERY <br /> <br />Bonds will be delivered on or before May JUL' 1982, subject <br />to approving legal opinion of Messrs. peterson, Popovich, <br />Knutson & Flynn, Professional Association, of St. Paul, Minne- <br />-sota, and Messrs. Briggs and Morgan, Professional Association, <br />of St. Paul, Minnesota. Bond printing and legal opinion will <br />be paid by issuer and delivery will be anywhere in the continen- <br />tal United States without cost to the purchaser. Legal opinion <br />will be printed on the bonds. ' <br /> <br />TYPE OF BID <br /> <br />Sealed bids of not less than $3,289,348 and accrued inter- <br />est on the principal sum of $3,355,000 from date of bonds to <br />date of delivery, together with a certified or cashier's check <br />in the amount of $67,lOO payable to the order of the City <br />Treasurer, to be forfeited as liquidated damages if bidder fails <br />to comply with accepted bid, may be mailed or delivered to the <br />office of Peterson, Popovich,' Knutson & Flynn, 314 Minnesota <br />Building, St. Paul, Minnesota 55l0l, and must be received at <br />their office prior to 4:00 p.m. on April 26 , 1982, at which <br />time the bids will be opened and tabulatea:- <br /> <br />RATES <br /> <br />Bidders must specify a single rate of interest which must <br />be an integral multiple of l/20of l% and may not exceed l2% <br />per annum. Additional interest coupons may not be used. <br /> <br />. <br /> <br />AWARD <br /> <br />Award will be made on the basis of lowest dollar interest <br />cost, determined by deducting any premium offered and adding <br />any amount less than $3,355,000 to the total interest on all <br />bonds from their date to their stated maturity. The net effec- <br />tive average rate of interest may not exceed l2% per annum. <br />