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<br />fails to comply with the accepted proposal, said amount will be retained by the City. No <br />proposal can be withdrawn or amended after the time set for receiving proposals unless the <br />meeting of the City scheduled for award of the Bonds is adjourned, recessed, or continued to <br />another date without award of the Bonds having been made. Rates will be in integral multiples <br />of 5/1 00 or 1/8 of 1 %. Bonds of the same maturity will bear a single rate from the date of the <br />Bonds to the date of maturity. No conditional proposals will be accepted. <br /> <br />BY ORDER OF THE CITY COUNCIL <br /> <br />/s/ Jim March <br />City Administrator <br /> <br />Dated: August 9,2000. <br /> <br />3. Juran & Moody, a Division of Miller, Johnson & Kuehn, Inc. is authorized and <br />directed to negotiate the Bonds in accordance with the foregoing Terms of Proposal. The City <br />Council will meet at 6:00 o'clock P.M. on Wednesday, September 13, 2000, to consider <br />proposals on the Bonds and take any other appropriate action with respect to the Bonds. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by <br /> <br />, and upon vote being taken thereon the following members <br /> <br />Councilmember <br /> <br />voted in favor of the motion: <br /> <br />and the following voted against: <br /> <br />whereupon the resolution was declared duly passed and adopted. <br /> <br />SJB-184035vl <br />CE155-16 <br />