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<br /> <br />VILLAGE OF CENTERVILLE <br /> <br />- <br /> <br />Ada County * P. o. HUfIO, MlnnelOfa <br /> <br />RESOLUTION 76-9 <br /> <br />CITY OF CENTERVILLE <br />COUNTY OF .ANOK.! <br />STATE OF MINNESOTA <br /> <br />RESOLUTION AWARDING CERTIFICATES OF INDEBTEDNESS <br /> <br />WHEREAS, the City Clerk was directed to seek private bids <br />for the purchase of $30,000.00 in certificates of indebtedness'of <br />this City to finance the purchase of certain fire equipment, <br />AND WHEREAS, the First State Bank of Hugo, Hugo, Minnesota, <br />has sumnitted a bid in response to the Clerk's inquiry. <br />AND WHEREAS, it appears that the bid of the First State Bank <br />of Hugo, Hugo, Minnesota, offers a satisfactory net interest rate <br /> <br />'- <br /> <br />to the City of Centerville. <br />BE IT RESOLVED by the City Council of the City of Centerville t <br />1) The bid of the First State Bank of Hugo of the purchase <br />of $30,000.00 of the certificates of indebtedness authorized to be <br />issued by Resolution of the City Council on May 12,1976, is hereby <br />accepted. <br />2) The Mayor and the Clerk are instructed to deliver the <br />certificates of indebtedness to said bidder upon payment of the <br />sum mentioned above. <br /> <br />I <br />I <br /> <br />Adopted by the <br /> <br />Ci~ Council ~~}~t a~ <br /> <br />yor <br /> <br />I~ <br />I <br />l <br />~: <br />.~. <br /> <br /> <br />