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CC 12-16-1971
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CC 12-16-1971
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<br />. <br /> <br />. <br /> <br />1.03 Notice of the redemption of the temporary bonds and <br />of the sale of the definitive bonds has been duly given, and the <br />Village has publicly received, opened and considered all sealed <br />bids presented for the purchase of the definitive bonds in con- <br />formity with the notice. The most favorable of such bids is <br />ascertained to be that of~rican SBt10nal Bank & Tru.t Co. of St.Paul <br />and John .UV..1l & Co. , of Chlc:a90 , 1111001., and associates, <br />to purchase the bonds at a price of $1,201,008 plus accrued <br />interest, and upon tpe further terms and conditions set forth <br />in this resolution. <br /> <br />1.Oq The Mayor is directed to execute in duplicate a con- <br />tract on the part or the Village for the sale of the bonds in <br />accordance with the proposal described in Section 1.02, and to <br />deliver a duplicate to the purchasers. The Treasurer is directed <br />to retain the purchasers' check securing the contract of sale <br />until the bonds are delivered and the purchase price is paid, <br />and to return the checks securing other bids,to the respective <br />bidders. <br /> <br />Section 2. ~orm of Bonds and Coupons. <br /> <br />2.01 The bonds issued hereunder shall b~ printed in substan- <br />tially the following form: <br /> <br />-3- <br />
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