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<br />Exhibit A <br /> <br />NOTICE OF BOND SALE <br /> <br />$2,750,000 GENERAL OBLIGATION IMPROVEMENT <br />BONDS, SERIES 23 <br />CITY OF ROSEVILLE, <br />RAMSEY COUNTY, MINNESOTA <br />(Global Book Entry System) <br /> <br />NOTICE IS HEREBY GIVEN that sealed bids for the purchase of the above bonds will <br />be received until 12:00 noon, C.T. on Monday, March 10, 1997, in the offices of the City <br />Manager in City Hall, 2660 Civic Center Drive, Roseville, Minnesota, at which time the bids will <br />be opened and tabulated for consideration by the City Council at a meeting at 6:30 o'clock P.M. <br />on the same day. The bonds are offered on the following terms. The bonds will be dated March <br />21, 1997, will bear interest payable semiannually on each March 1 and September 1, commencing <br />September 1, 1997, and will mature on March 1 in the years and amounts as follows: <br /> <br />Year Amount Year Amount <br />1998 $130,000 2006 $185,000 <br />1999 135,000 2007 195,000 <br />2000 140,000 2008 205,000 <br />2001 145,000 2009 220,000 <br />2002 155,000 2010 230,000 <br />2003 160,000 2011 245,000 <br />2004 170,000 2012 255,000 <br />2005 180,000 <br /> <br />The City may elect on March 1, 2003 or on any date thereafter, to redeem and prepay <br />Bonds due on or after March I, 2004. Redemption may be in whole or in part and if in part, at <br />the option of the City and in such order as the City will determine and within a maturity lot as <br />selected by the registrar. All payments will be at a price of par plus accrued interest. <br /> <br />Bidders must specify a price of not less than $2,708,750 plus accrued interest. A legal <br />opinion on the bonds will be furnished by Kennedy & Graven, Chartered, Minneapolis, <br />Minnesota. The proceeds of the bonds will be used to finance a portion of the costs of various <br />assessable public improvements in the City. <br /> <br />DJK116619 <br />RS20D-19 <br />