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~ '" '" 1 ~~ Extract of Minutes of Meeting of Village Council Vil.lage of Arden Hills, Ramsey County, Minnesota J611Uary 4, 1968 Pursuant to due call and notice thereof, a special meeting of the Council. of the Vil.lage of Arden Hills; Minnesota, was held in the Village Hall on January 4, 1968, at 8:00 o'clock P.M. The following members were present: Bjomdahl, Crepeau 611d Olmen, and the following were absent: Henderson 611d Hollenhorst. * * * * * * * * * The Clerk presented affidavits showing publication, as directed by the resolution dated November 21, 1961, of notice of sale of $730,000 Temporary Improve- ment Bonds, Series 1, which were examined and found satisfactory 611d directed to be placed on file. The Clerk also presented all sealed bids received at her office pursuant to notice of sale, prior to 8:00 o'clock P.M. this date, which bids were then opened and publicly read and considered, and the highest and best bid oteach bidder was ascertained to be as follows: ruat ftt10Dal Banll: of 8t. hul paae, W-~r, Jackaon, &: curtia, Mp1s. 4.7~ $569.40 I'rea1Wll $102,360.60 Intereat Coat 4.674% Net Intereat Borth..tern .atl. Bank of Mt"-...po1is B~a, Robert.on Co., Inc., JU.nneapolia aeynolda " Co., .ew York 4.70 % $36.50 Prea1ua $102,893.50 Inter.at Coat 4.6983~ Net Inter.at Piper, Jaffray " Hopwood, II.1Jmeapolia A1l1.on-W1111ams Co., JU.nneapoli. Da1n, JtalJDan .. Quall, M1nneapol1s Juran .. Moody, Inc., St. Paul B. J. I're.cott &: Co., JU.rmeapolia Caldwell, Phillipa, Inc., 8t. .aul 4. 90f' $112 Premium $107,198 Inter.at Coat 4.89% Set Interest -1-