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I" _ <br />tho Villa9• will furnish the printed bonds and eppravinq itq�l'' <br />opinion of Dorsey� Owvn, Scott, Barb�r and Marquart of Minn�apoi3s. <br />• Minn�sota� and P�t�rion� Papovich and;Mazsd�n, af St. Payl, <br />Minnaaota, without expenst to th! puxchas�r, snd dslivfry wi11 bt <br />a�ade wiLAin 30 days aftsr the date of aa1�. Said notice shail <br />: also r�eite a good faitA check of not 1Rss-than two qtretnt of th� <br />principal amount ef said bonds. Said notie• o£ sal• i�ll liit fn <br />substantielly th• following form:: <br />• MDI'IC� OF SALE <br />f+120�Q00 SANITAAY SENER INIPRaVEMENT BONDS <br />SBRIfiS A <br />VILLAGE Og AttDEN HILLS, RAl�l5fiY COtM7Y; MINI+t8S0?A <br />A�TIC� IS HERHBY GIVEN that the Council,of the V111age of' <br />Ard�n Hills, Minnasota, will e�s�t in tha Counafl Chsmbess o# ths <br />Vi11ag� Hall in said Villa9s at 7sC0 o'clock P.M., on Tuteday, <br />the 3rd day of Nowmber. 1999, to rec+�ive, opin and consid�r <br />staltd bids for and award th� sals of its npotiable coupon <br />gensral obligation Sanitsry Sewer I�provetAsnt,Bonds, Seri*s A. <br />in tha pzincipal amount cf 5120�000 to be iasutd to finance a <br />portion of the cost of Sanitary S�war Irmprovs��pt No. l pursuant te <br />the prcvicions and undu tRe authority af Minn�a6ta Ste#ut�s 1957, <br />�lsapter 429. a� �s�nd�d. 5aid bondg will be dat�d Novso�r 1,.1959� <br />will b� in the denominatton of 51,000.0t7 •achf will b�ar initr�st <br />at the xai♦ ox rat�s to W d�cignat�d by the suacassful bidder in <br />integral multiplet of 1/4 or 2/la of 1% ptr annuai� payalol� <br />t�ov�a►bsr 1, 19d0 and semiannually th�r�after'on �lay i and November l <br />of each'year and wiil mature s�riaily on N venbe� 1 1n ths y�ars <br />and amounta as follows: <br />510,000 1960 _ <br />. 5,fl00 1461 - 1976 <br />10,000 1977 - 1979 <br />� The bonds aaatu;ing in,th� ysera 1972 through 2979 wi11 be cellabl• <br />at th+ option of tha vfllag� on Novt�eber l, 1964 and eny interMst <br />pay�pent d�tea th�r�after at per and accru�d`inter�at plus a pz�ieui <br />of 2� if rade�med on or b�fore May 1, 19b9i 1� if red��aed on or <br />b�twten Nowebtr 1. 1969 and Jday l. 1974,'6nd without pr�wium if <br />redesn�d on or aftor Novtmb�r 1, 19�4, <br />Prirtcipal snd int�rast wi11 be made payabl� at sucQ bankiny <br />institution in th� U7it�d 5tatsa�na�d:by puschasez. The Villaqe <br />will fuxnish, wfthout eost �to th� purchaaer,`and within 30 days <br />aftrr date of sale. the print�d and •xecut�d b�nda and appraving <br />ltgal' op;inion of 1�eesrs. Dossay, Owen. Sco�tt, Barber and Marquart <br />� <br />� _ <br />