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Extract of Minutes. of Meeting <br />of the City Council ofthe City of <br />Gem Lake, Ramsey County, .Minnesota <br />Pursuant to due call and notice thereof, a regular meeting .of the City Council of the City of Gem <br />Lake; Minnesota, was duly held in the City Hall in said City on Tuesday, June 19, 2018, commencing .at.. <br />7:00 P.M. <br />The following members were present: <br />and. the following were. absent: <br />The Mayor announced that the next order of business was consideration of the proposals which. <br />had been received for the purcliase..of the City's General Obligation Improvement B.onds, Series 2018A, <br />to be issued in the original aggregate principal amount: of $605,000. <br />The City CIerk presented a tabulation of the proposals that had been received in the manner <br />specified in the Terms of Proposal. for the Bands. The proposals. were as set forth in EXHIBIT A <br />attached. <br />After due consideration of the proposals, Member then introduced the following <br />written resolution. and moved its adopt'iom. <br />526486*1 GAFGEI90-14 <br />