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1998_0126_packet
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1998_0126_packet
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EXACT OF MINUTES OF A MEETING OF THE <br /> CITY COUNCIL OF THE CITY OF ROSEVILLE MINNESOTA <br /> MELD: January 2 6., 299S <br /> Pursuant to due call and notice thereof, a regular <br /> meeting of the City Council of the City of Roseville, Ramsey <br /> Cnnnt , minnesota, was duly held at the city Hall in said City on <br /> Monday the 2 6 th day o nuaY y .I .eA . <br /> The foliLowing members were present: <br /> and the following were absent <br /> Member int rode c ed the following <br /> rF�solutiou and moved its adoption. <br /> RZ 0L1.7TI0JJ SLING FOR REDEMPTION OF OUTS TAND ING <br /> (4ENERAL OBLIGATION !MPROVEMNT BONDS, SERIES is <br /> A. WHEREASi the City Council of the CitY Of <br /> Roseville, Minnesota (t,hs "City") , issued an behalf of the City, <br /> General obligati i r ant Bonds, Series 18, dated.$2,200,000 r� Bongs 5 000 still <br /> Friar �.� 1��� (the ��nd� � t �f �t���h � <br /> re=ins out standing; and <br /> 1B. WHEREAS, all of the said 5onds maturing in the <br /> gars 2999 to 2007, both inclusive r are subject to redemption and <br /> prepayment at the option of the City in inverse order, on <br /> Kar h 1, 1996, and on any interest payment date thereafter at par <br /> saki accrued intereot, all as provided. in the resolution of the <br /> :L t Council dated January 22, 1992 authorizing the issuance of <br /> said Bonds (the "Res olnt ion" ) l and <br /> C. wgxRFAS, the City Council dens it dsm irable a0d <br /> in the best interests of the City tO Call all Of the Bonds <br /> 3tux�nq in the ears 2004 to 2007F both im lus ive j on Mardi <br /> 1996 in accordance with said Resolution; and <br /> NOV I THERRFOR91 B8 IT RESOLD bY the City Council of <br /> the City of Roseville, Minna soto o an f ollovwa <br /> .374915 9 1 <br /> Lle d I 99C ON/ge: I I ioe 85 r 9 1 "10 MV <br />
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