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<br />Continued Page 2.
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<br />259
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<br />3. The council will meet at the village hall in said villr:;ge on the 16th
<br />de..y of December, 1952, for the purpose of receiving an~ considering sealed bids
<br />for the purchase of sairl Certificates of Indebtedness.
<br />
<br />4. The Village Clerk is hereby ~uthorized and directed to cause notice
<br />of sale of such Certificates of Indebtedness to be published once at least ten
<br />days prior to the date of sale in the Rose Tr~bune and in the
<br />Said notice shall be in ~;ubstantially the following form:
<br />
<br />NOTICE OF ~ICATE OF INPEBTßDNESS SALES,
<br />VILLAGE OF ROSEVILlE, MINNESOTA
<br />~)a ,boO STREET AND !i'IRE EQIJIP1ŒNT
<br />CERTIFICATKS OF INDEBTEDNESS
<br />
<br />NOTICE IS IIEREBY GIV1'N That the Village Council of the V ill é'ge of Roseville,
<br />Hinnesota, will meet at the Village Hall in said VillR.ge at 2:00 o'clock P.M. on
<br />the 16th day of necember, 1952, for the purpose of receiving and considerinv, sealed
<br />bids for the purchase of $38,000.00 negotiahle coupon generru. ohligation street and
<br />fire equipment certificates of indebtedness to be ispueð for the purpose of provid-
<br />ing money for the purchase of street and fire equipment. All of said certificates
<br />of inèebtedness will be dated January 2, 1953, and will be in the denomination of
<br />$1,000.00 each and will hear interest at the r?te or rates in integral multiples of
<br />1/1+ or 1/10 of 1% desif,rnated by the successful bidder, payable January 2, 195!¡ and
<br />semi-annually thereafter on July 1st and January 2nd of each year.
<br />
<br />All of said certificates of indebtedness shall be without option of prior
<br />pa;yment, principal and interest will be made paYDble at <1ny fui table bank or trust
<br />company designated by the successful bidr1er. Said certificates of indebtedness
<br />shell mature serially on January 2nd in t.he years Hnd amounts as follows:
<br />
<br />~~ 5,000.00 in the Jrears 1954, 1955 & 1956,
<br />10,000.00 in the ~!ear 1957
<br />, 13 000.00 in the ;rear 1958.
<br />......',"';:.., ,~,.,.:t;'''r''''''''"-'''''''~:''''~':;:;.z,,-;'IIi'' . _..bn' ,:"...,:.,~'.--~...~.~........",...~-..... >."
<br />The villaGe will furnish printed certificates of indebtedness and the unqual-
<br />ified approvinG legal opirÜon of Messrs. Briggs, Gilbert, Morton, Kyle .f',: M;·cartney
<br />of Saint Paul, Minnesota, both without cost to the purchase!'.
<br />
<br />All bids must be in writing enclosed in a sea.led envelope, be unconditional
<br />exc8I)'t as to legali t:r which m()~' be condi U.oned upon the above de~cribt-~d opinion.
<br />All bids must be for the entire issue. Bids will be preferred accoròing to lowest
<br />nE~t interest cost for the principal sum of $313,000.00.
<br />
<br />Sea1ed bids marked "Rid for $3ß,000.00 }'ire !lnd Street Equipment Certificates
<br />of Indebtedness" ma~T be mailed or otheI'\"Tise delivereò to the lmdersigned and must be
<br />received by him prior to the time of said meeting. Bi(lf¡ must be accompanied by a
<br />cashier's or certified check or bank draft in the amount of $760.00, payable to t.he
<br />order of the Village, to be forfeited as liC;"irJated damages i!1 case the bi<1 is
<br />accepted end the bidder shall fall to comply thorewith. The certificates of in-
<br />debtedness will be delivereò without cost to the purchaser at Saint Paul, Tlinnc:=:ota,
<br />or Hirmeapolis, ~Ünnesota, within forty-five da:rs after delte of sale. No oral bid
<br />and no bid of loss than par and accrued intm,'úst will be considered and the villé£e
<br />rú:=:ervcs tho right to rHject allY and all b1.c'8 and to waive an:" inforr.!ali t:l in any
<br />hid.
<br />
<br />Dated !~ovaHlber
<br />
<br />\ 0
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<br />
<br />, 1952.
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