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<br />LAW OFFICE
<br />
<br />JAMES E, KNUTSON
<br />JOSEPH E, FLYNN
<br />PAUL W, HETLAND
<br />PAUL C, RATWIK
<br />JOHN M, ROSZAK
<br />THOMAS M, SIPKINS
<br />ROBERT A, HUGHES
<br />THOMAS S, DEANS
<br />PATRICIA A, MALONEY
<br />
<br />Knutson~ Flynn & Hetland
<br />PROFESSIONAL ASSOCIATION
<br />345 CEDAR STREET - SUITE 800
<br />PIONEER PRESS/DISPATCH BUILDING
<br />ST, PAUL. MINNESOTA 55101-1062
<br />612-222-2811
<br />
<br />December 17, 1985
<br />
<br />FRANCES H, GRAHAM
<br />DAVID S, BARTEL
<br />SUSAN J, SCHOELL
<br />PATRICK J, FLYNN
<br />STEPHEN M, KNUTSON
<br />ANNE F, KRISNIK
<br />OF COUNSEL
<br />FRED N, PETERSON. JR.
<br />
<br />JOHN M, MAAS. PH,D
<br />CONSULTANT
<br />
<br />RESULTS OF SALE
<br />
<br />Tuesday, December 17, 1985
<br />
<br />$16,525,000 General Obligation Bonds Consisting of
<br />$2,225,000 General Obligation State Aid Highway Bonds
<br />$14,300,000 General Obligation Tax Inorement Bonds, Series 1
<br />City of Roseville, Ramsey County
<br />Roseville, Minnesota
<br />Dated: December 1, 1985
<br />Ratings: Moody's: Aa 1; Standard & Poor's: AA-
<br />
<br />1. FIRST NATIONAL BANK OF ST. PAUL )
<br />FIRST NATIONAL BANK OF MINNEAPOLIS) Joint Managers
<br />NORWEST INVESTMENT SERVICES )
<br />PIPER, JAFFRAY & HOPWOOD )
<br />Allison-Williams Company
<br />Cronin & Marcotte, Inc.
<br />Robert W. Baird & Company
<br />Miller & Schroeder Municipals, Inc.
<br />Moore, Juran and Company, Inc.
<br />- In Association With -
<br />MERRILL LYNCH) Joint Managers
<br />DAIN BOSWORTH)
<br />Kidder, Peabody & Company
<br />Miller Securities, Inc.
<br />Marquette National
<br />Summit Investment Corp.
<br />- In Association With -
<br />AMERICAN NATIONAL BANK ) Joint Managers
<br />PAINEWEBBER, JACKSON & CURTIS)
<br />Juran & Moody, Inc.
<br />Dougherty, Dawkins, Strand & Yost, Inc.
<br />M. H. Novick & Company, Inc.
<br />Robert S. C. Peterson, Inc.
<br />- In Association With -
<br />CONTINENTAL ILLINOIS NATIONAL)
<br />FIRST CHICAGO ) Joint Managers
<br />CLAYTON BROWN & ASSOC., INC. )
<br />Hutchinson, Shockey, Erley & Company
<br />- In Association With -
<br />THE NORTHERN TRUST COMPANY)
<br />GOLDMAN, SACHS & COMPANY ) Joint Managers
<br />E. F. HUTTON )
<br />Blunt, Ellis & Loewi, Inc.
<br />
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