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Last modified
7/17/2007 8:34:32 AM
Creation date
12/2/2004 8:03:48 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
8731A
Resolution Title
Providing for the public sale of $2,200,000 General Obligation Improvement Bonds, Series 18
Resolution Date Passed
12/9/1991
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<br />2004 <br />2005 <br />2006 <br />2007 <br /> <br />175,000 <br />190,000 <br />195,000 <br />215,000 <br /> <br />REDEMPTION: <br /> <br />At the option of the City, bonds <br />maturing after March 1, 1998, shall <br />be subject to prior payment on said <br />date, and any interest payment date <br />thereafter, at a price of par and <br />accrued interest. Redemption may <br />be in whole or in part of the bonds <br />subject to prepayment. If redemp- <br />tion is in part, the bonds remain- <br />ing unpaid which have the latest <br />maturity date shall be prepaid <br />first. If only part of the bonds <br />having a common maturity date are <br />called for prepayment, the City <br />will notify MSTC of the particular <br />amount of such maturity to be <br />prepaid. MSTC will determine by <br />lot the amount of each <br />participant's interest in such <br />maturity to be redeemed and each <br />participant will then select by lot <br />the beneficial ownership interests <br />in such maturity to be redeemed. <br /> <br />CUSIP NUMBERS: <br /> <br />If the bonds qualify for assignment <br />of CUSIP numbers such numbers will <br />be printed on the bonds, but <br />neither the failure to print such <br />numbers on any bond nor any error <br />with respect thereto shall <br />constitute cause for a failure or <br />refusal by the Purchaser thereof to <br />accept delivery of and pay for the <br />bonds in accordance with terms of <br />the purchase contract. The CUSIP <br />Service Bureau charge for the <br />assignment of CUSIP identification <br />numbers shall be paid by the <br />Purchaser. <br /> <br />DELIVERY: <br /> <br />Forty days after award, subject to <br />approving legal opinion of Briggs <br />and Morgan, Professional <br />Association, of st. Paul and <br /> <br />25731 <br /> <br />B-3 <br />
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