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<br /> <br />tervi{{e <br /> <br />Tstab[isfied 1857 <br /> <br />1880 :Jvlain Street . Centervi{feJ :Jvl:N 55038 <br /> <br />(651)429-3232 . PCLt(651) 429-8629 <br /> <br />Extract of Minutes of Meeting of the <br />City Council of the City of Centerville, <br />Anoka County, Minnesota <br /> <br />Pursuant to due call and notice thereof, a regular meeting of the Council of the City of Centerville, <br /> <br />Minnesota, was duly held in the City Hall in the City of Centerville, on Wednesday, December 8, 2004, <br /> <br />commencing at o'clock P.M. <br /> <br />The following members were present: <br /> <br />and the following were absent: <br /> <br />* * * <br /> <br />*** <br /> <br />*** <br /> <br />Member <br /> <br />introduced the following resolution and moved its adoption: <br /> <br />RESOLUTION #04 - 058 <br /> <br />RESOLUTION PROVIDING FOR TIlE PREP A YMENT AND <br />REDEMPTION OF CERTAIN OUTSTANDING <br />GENERAL OBLIGATION BONDS OF THE CITY <br /> <br />BE IT RESOLVED By the City Council of the City ofCenterville, Anoka County, Minnesota, as follows: <br /> <br />1. The City has issued and sold its General Obligation Water Revenue Bonds, Series 1996, dated <br />August 1, 1996 (Bonds) in the total principal amount of $410,000, of which $190,000 are currently outstanding. <br />Bonds maturing after February 1, 2004, are subject to redemption and prepayment on that and on any date <br />hereafter at a price of par plus accrued interest. <br /> <br />2. It is determined that it is in the best interests of the sound financial management of the City that <br />Bonds maturing on February 1 in the years 2005 to and including 2008, comprising all of the Bonds subject to <br />