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<br /> the Vlllag. will futAb" the p:dnted bond, lIftd approv1i\9 l..U.
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<br /> op1nlen ef Dorsey, Owen, SCott, krtler and Muquart of MinneapoUs,
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<br /> . Minnesota, and 'eier,on,Popovl4:h and Manden, of st.. Paul, .
<br /> Minnesota, wi theut expenle to. the purchaser. and d.li very wi 11 bo
<br /> lIlade within 30 days aftu the date of sale. Said n9t1ce sball
<br /> . alao recite a geod faith ch.ck o.f not 1... than two percent of the
<br /> ,principal amount of said bonds. Said noUce af aaban bo .in
<br /> substantially th. follOwing foral1
<br /> . . . !<<>TICE OF SALE
<br /> 5120,000 SANITARY SEWER IMPROVEMENT BONOS
<br /> . SERIES A
<br /> VILLAGI: OF ARDEN m:l-U, RAMSSV COUNTY, MINNiSOTA
<br /> NOTICI! IS HEREBY GIVEN that the Council ,of the Village of
<br /> Ard.n Hills, Minnesata, will lIIftetin ~ ColMlcll Chambers of the
<br /> Village Hall in said vUla8e at 7,00 0 'clock P .M" on Tueaday,
<br /> the 3rd day of Nov.1Ilber, 1 ~, to rec.ive". ope" and !:ondder
<br /> aealed bid. for and award the sale of itanfltoUable couCn
<br /> i.neral obl1rtlon Sanitary Sewer IlIprovelIeI\t, Bonds. Ser .1 A. .
<br /> . n the prill(; pal amount of S120, 000 to be issued ttl finance a
<br /> portion of the cost af Sanitary S.wer z:rrove.aent No. 1 pursuant to
<br /> the provhions and under the iut~r1 ty 0 Minnesota Statutes 1957,
<br /> Chapter 429. as a.nded. Said bonds will be dated November 1, 1959,
<br /> w111 be in the denolll!natlon ef Sl,OOC.CO'eaeh; w111 bear.1.nterest
<br /> at the rah or :rates to be. duignated by the sucuufu1 bidder in
<br /> integral multiple. of 1/4 or 1/10 of ~ per annua, payable ..
<br /> November 1, 1960 and s.miannually thereafter on May 1 and Nov.illber 1
<br /> of each year and will INture serially 01'\ Nvellbtl' 1 in the yeus
<br /> and alllOunts as follewsl
<br /> $1C 000 1960
<br /> t , ".
<br /> . 5,000 1961 - 1976
<br /> 10,000 1977- 1979
<br /> . The bonds matudng 1n the years 1972 through 1979 w1ll bo callable
<br /> at the option of the village on November 1. 1964 and any intereat
<br /> payment dates thereafter lit par and aCCJ;u.d .internt plus a preil1w.
<br /> of 2% if :red....d on ar before *r 1,19691 1" if red.....d on ar.
<br /> . b.t.e.n Novelllher 1,1969 and May . 1974, and w1thoutpr..iulIl if
<br /> r.d....d on or aft.r Novblbor 1, 1974.
<br /> Principal and 1nte:-ut w111 b. ..de payable _t such banking .
<br /> institution 1n t,J\e U,lt~ Stat.. 'nallltcl;by purchaser. The Village
<br /> will furnish, without colt to th.purch..er, anel within 30 daI'
<br /> after elate of sale, the printed and .xecuted bends and approv ng .
<br /> legal oPllnion of Messrs. Dara.y, Owen. Scatt, Barb.l' and Marquart
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