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<br />~ <br /> <br />Exhibi t A <br /> <br />NOTICE OF BON D SALE <br />$2,000,000 <br />GENERAL OBLIGATION IMPROVEMENT <br />BONDS, SERIES 17 <br />CITY OF ROSEVll..LE, <br />RAMSEY COUNTY, MINNESOTA <br />(Global Book Entry System) <br /> <br />NOTICE IS HEREBY GIVEN that sealed bids for the purchase of the above <br />bonds will be received until 12:00 noon, C.T. on Monday, February 11, 1991, in the <br />offices of the City Manager in City Hall, 2660 Civic Center Drive, R05eville, <br />Minnesota, at which time the bids will be opened and tabulated for consideration by <br />the City Council at a meeting at 7:30 p.m. on the same day. The bonds are offered <br />on the following terms. The bonds will be dated March 1, 1991, will bear interest <br />payable semiannually on each March 1 and September 1, commencing September 1, <br />1991, and will mature on March 1 in the years and amounts as follows: <br /> <br />Year Amount Year Amount <br /> . <br />1992 $ 85,000 2000 $135,000 <br />1993 90,000 2001 145,000 <br />1994 95,000 2002 155,000 <br />1995 100,000 2003 165,000 <br />1996 105,000 2004 175,000 <br />1997 110,000 2005 190,000 <br />1998 120,000 2006 205,000 <br />1999 125,000 <br /> <br />The City may elect on March 1, 1997 and on any date thereafter to redeem and <br />prepay bonds of this issue in whole or in part, in inverse order of maturities and by <br />lot within maturities, maturing on or after :\-larch 1, 1998 at a price of par plus <br />accrued interest to date of redemption. <br /> <br />Bidders must specify a price of not less than $1,980,000 plus accrued interest. A <br />legal opinion on the bonds will be furnished by Holmes & Graven, Charte::-ed, <br />Minneapolis, Minnesota. The proceeds of the bonds will be used to finance all or a <br />portion of the costs of various assessable public improvements in the City. <br /> <br />Bidders should be aware that the Official Statement to be distributed for the bonds <br />may contain additional bidding terms and information relative to the bonds. In the <br />event of a variance between statements in this Notice of Bond Sale and the <br />Official Statement bidders must comply with the terms of the latter. <br /> <br />BY ORDER OF THE CITY COUNCIL <br /> <br />/s/ Steven R. Sarkozy <br />City Manager <br /> <br />Dated: January 14, 1991. <br />