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<br />iU- <br /> <br />Extract of Minutes of Meeting <br />of the City Council of the City of <br />Centerville, Anoka County, Minnesota <br /> <br />Pursuant to due call and notice thereof, a regular meeting of the City Council of the City <br /> <br />of Centerville, Minnesota, was duly held in the City Hall in said City on Wednesday, August 9, <br /> <br />2006, commencing at 6:30 P.M. <br /> <br />The following members were present: Capra, Lakso, Lee, Paar and Terway <br /> <br />and the following were absent: None <br /> <br />* * * <br /> <br />* * * <br /> <br />* * * <br /> <br />The Mayor announced that the next order of business was consideration of the proposals <br /> <br />which had been received for the purchase of the City's $2,700,000 General Obligation <br /> <br />Improvement Bonds, Series 2006A. <br /> <br />The City Finance Director presented a tabulation of the proposals that had been received <br /> <br />in the manner specified in the Terms of Offering for the Bonds. The proposals were as set forth <br /> <br />in EXHIBIT ^ attached. <br /> <br />After due consideration of the proposals, Member Lee then introduced the following <br /> <br />resolution, and moved its adoption: <br />