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<br />. �DiOTI�E OF S2i8E . e s'': p �
<br />• $hUO, 006 SANI�'Al2Y BEWSR ;IM�ROVEMENT $ONDS ..�
<br />�ERIES Hl; , � .;
<br />�'I.ILLAC�E �F• ARD$N HILL&; RAh1.9EY EOLTNTSf, ^M3NNESOTA � ;,. °:.
<br />_ , `
<br />NUTICE ZS HERESY ,G�I� that ttae CodnciY of-. the�, Village _o'i A�de�'
<br />Hills, Minnesota,_ will''m�et iri th� Cotixicil Chambers�.of 'the ;S�.illage -;
<br />�' Hall iri s:aid �illage at 8@U o' ciock P M,. ,. Ce�tr,al Da�il=lght' sani'ng
<br />Time, on �Thursday, � th� 4th -day ��€ Aug�et, ,1960, to rec.eive, a� open `and , �"
<br />conaider aealed bida,"for and'award the,rale of its neqotiable-cotipqri .,
<br />general obliqation Sanitnxy S,ewer Laprouement 84nds,, Se,riea.-8,'im�the '
<br />pri�cipal 'Simorant af $�00,OU0,' to' be' issned;.,to„pay c�xperises incur;ed ..
<br />and to b�'incurred 3n t�e eanstru�tion of;Sa�.i:tasy �ewer.improvemeat ,
<br />No. 2,; pt�ret�ant to the: "pr�ivis:ione and'under the ;authority.�of'.,i�iinne= �
<br />sota 5tatr�tes 1957, Claripter 429, aa-:amended,. '�aid: bo�da'tvill ba
<br />dated August 1,'1960, wil� be in the denomina£ion zaf .$S:,OUO each.T
<br />will.beaX inteiest aE the rat�"or rates to-be designated,,by t2�e ..
<br />succeasfiil bidder i� in�eqral ,mtiltiples o£ 1/�d br 1/l0 of T%- per �um, .. '
<br />payable 2.r�gust l, 1981,' and sPaaiarssivally-`,�:her,e�after on,F.ebr�ary•l, and...
<br />Auquat 1 of each;year'afid Will mature serially.`onAAug�ist 1 iri ttae a.-,`
<br />,..
<br />years and 'ainounts aa fo'1,1,owss , � •' ' '' '
<br />$20;'U00 1-462 through 1981�
<br />� �he.bonds:maturing in the years 1972 thro�igh 1981 will be ca}lable at
<br />the option of tFie Villago on, A�iq`ust l, 1965�,•� and any` i'nterest paymlerit
<br />date tY�ereafter at par ;'atid a�cF�ed interest pl�s; a.�aremitam ..of= 2g6 of
<br />the pa� value .ti3er`eof''if�,gre�aid on � or before $ebruary; 1�,. 19943,: �arid .
<br />without premium,if_ prepaid `ora or af�:er -August 1;, 1�970. .` �E tli� �bonds ,`'�
<br />outstandir�g at .tl�e time of .r•ed@mp�ion, �th,Qse �b,esrinq the k�igliest 'eoi�pon, �
<br />rate wi.;ll; be prepaid fi'rst,•;:;ifl.�i�nderae,c�rder�o`f��_tke�r•,,aerial;.:n�nbera.• ,
<br />}
<br />' Princ"ipa1. and iflterest will be :made .payable, a� su�li baakiag in�
<br />, - ,..
<br />" atitntion in tl��' United �tatee a�s � sYiall �e�.named� by the. �iuichfis,ers ,.: ` '
<br />The" �:illage wi11; ft�rnieh, ;.withont, edst'"Eov't�ie,�purohas,e,r;,z , and",<within;: 3�
<br />daya �a£ter date of,•s,al�e, �the��,print�cl"and$:exectited'�r�ds. an�dY approvinq
<br />r;
<br />legal .opinion; -of Me'sars 'I�raey, Owen; = B'arber', .�i�rqua�rt & Wiri'�►osst;: • , �
<br />of,- M1�neapolie, Mini3esots,, arid Me,s"'�'�s :'Peter�so� �;&�� Bopovic�i,.� o€ St '�Panl, '
<br />w - . ,-
<br />Mi�esota,:•<Eogether wit�ki the; bustomaiy"`nn;�li,t'igatiari certif-ica�te �:. �, ;
<br />. , :, .
<br />� S�aled• bida ma'rked �sYa •'�ox .�4�b,,�00 ,�Bo�ic1"s'''irtu'�st b.e mailed or. �
<br />delivered,to the ihndersigned Village, C�le�Yk and �t�st`be'rece�iv�c� at her`' .
<br />office'gs#or to time of i�eet�ing. Oial auct-ion bids wiflltnot;:be eon.-�
<br />sidered. Eaeh bid mnst be �ancbnditional except�ja`s 'to legality ar�d '•
<br />miist be accompar[i,ed by �. ci►ahi.er,s �ar�cert�i�fi�"�d�'�checkT`in the amount �o�
<br />� $$, 000 payable- to �ttre �9lilaqe` Tredsurer; tq' be� retained •as li�u'idateci
<br />. damagatl in case the bid, ]�e accepted; and the bidder �Y�all f'ail,:'to coaa `
<br />ply' �herewitY�. Each bQrid, ia to besi�a urzi'form lYasic rate �f � int'er•,est
<br />from da�'e of` isat�e until. paid', bat .taiddere, �ma.y epe�ify 'that' 'a1i or any
<br />of .the bonds s2aall bear intereat at a� addit`i�nal rate; .to be-repre- �
<br />seAted by'`aegaiaCe aad:detachable�eoupone, for a peiiad expiring on or ��
<br />befor,e,Auguat 1,-,1962, provided that the aggregate �aonht of intereat
<br />x,epreaented by s�ch.-eoupons ,dogs ,not exceed $.6�;�0U,; Bids will be e.om-
<br />�- 'pared aecor8ing_to the, low.est do�.lar amount oE.net intereet coat eom- ?
<br />p�ted to stated �mat�ai�iee of°-said'`bonds, c,ctedn�;ting ttiere�froin: the
<br />paemitim if at�y `and wF�ich .�.a. deemed..most f"a�orabl:e to tiie Vi:ll:age ,!to
<br />bid o# leae than par and accrued.iriter.est will;be��o�sidere�i afld the �
<br />Village reaerves;the rigl�t to: sejec.t ang or ail'bid�, ir�d'to.wa,i�e aF►y "
<br />�,�sf.ormality in any bid arid to adjouin, the ;saie i-f deem'ed neces6ary,:
<br />• ' Hateds .July 11;,�1960: -- ' ` "
<br />BY'ARDER? OF THfi. �vELT,AG$' CQUNC'IL
<br />For further irifarmatio�; Zo'rraine.str,o�niat� -
<br />., .
<br />PETERS�N,&POPOVICH 'dillage Glerk
<br />�illage Bond Consultants -
<br />,314 ltinnesota 'B.lalg•., ,_St. P'a�l 1,.'`, '`�
<br />`� . .�+�..i+si..�_act.'c' .... .. ... . . . . . . .. , . .
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