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CC 08-04-1960
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CC 08-04-1960
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� <br />Trustse Kennedy <br />and noved its adoption: <br />iutro�'uced the Pollowing resolution <br />�ESOLUT30N �1WARt�ING SALE OF `�400, 000 <br />SAIVITr RY SEFlER L+IPROVI�T.Eh*i' BONDS, <br />SERI�S H <br />� <br />� <br />�� <br />BE IT R�OLVED by the Couneil of the Village of A.rden H312s, A9inne- <br />sota� that advertisement foz• bids for tne purchase oP w400}000 Ssnitsry Sewer <br />ImF�rcvPment Aonds, Series 3� has been d�aly publS.ehed and all bids received <br />pursuant thereto he.ve been,, op ene ar}d cp�.sidered, and the r<i�hest and best of <br />such k�ids �s h8t ,�p JUPar, �. Anpoc7� � <br />of -�L` au�, Fri.�i " a and sssociatec� to p rch�se the bon3s <br />at a nri�e c£ par and accraed interest plus a premium o' �: �``�" , the <br />bonds natw•3ng in the year.s set iorth beloF� to bear interest at the respec- <br />tive rates �:er snnwn set opposite sach maturity years� f.ro:n date of issue <br />until paid: <br />2�lttturity Yeare <br />1y52 - ? 9#i7 <br />1955 - 1971 <br />19a2 - 19�7. <br />Interesi: iiates <br />. <br />'� . �G3� <br />3.Ru� <br />a. ot� <br />plus additional interest at the rate of �°�`� ° aer a�nu�n ori each bond Prom <br />[i��LT�JOP 1 ' 19 ��-'to F�bruar� 19 �<, 'Lo be rapreser.ted by <br />sepsz•a�e And detachable-''B° coupons. 3aid �id sha12 Ue �:3 is hereL-y accepted, <br />arid the idayor and V111a�e ^lerli are hereby authorized fortYnrzth to end.oz�e such <br />acceptance on s copy of said bid and retizrn the same to �4ifl bidd�r. Tt�e good <br />faith checl: furnished by the nur.etLaser 3ha7.J. be retni^ed penr�.ing d.elive.r.y of <br />the bonds and Fayment of the full purchase price thereoP� ex:d tne Clerlc shall <br />fo*thtaith return the c?�ecks oP other hidders. <br />The motion for the adoption of tYae Yore�oinb resolution was duly <br />seconded b,i ��Eak SfiTo��yti�.sC ��d upon vote bein�x tal:en thereon, the <br />£ollowing voted in favor thereo£: R1� <br />and the following zroted against the xame: iap(1� <br />whereupon said resolution �as declared duly passed an: ar3opted. <br />TYustee KetiPa�d�/ then introduced. the following resolution <br />and moved i�s edoption: <br />R�OLUTION Aifl'HORIZIPIG TfiE ISSUANCE QF EONP3S <br />TO FIIaAAICE 6ANITAP,Y SES�TE,H It�{PROVEMfui3T RTO. II <br />AND ESTABLIS„?TSNG Tf� FOFM AND TERN;6 OI' �4OO�OpO <br />SANTTARY 3Ek7r.R ��f'ROVEh1EP7T BOP731S� SE'tt IE� B <br />R� IT RESOLVED by tl�e Council of the Villege of Arden Hills� Minne- <br />80t&J 86 �'01�.Ov76: - <br />l. The 9illage has by resolution adogted b;� this Cnuncil on February <br />2tF, 1960, after notice and hearing as prescribed by law, ordered the construc- <br />tion of a 7oca1 improt�ement pursuant to and. in accordance with the provisions <br />-2- <br />
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