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7/17/2007 9:05:12 AM
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4/23/2005 4:13:16 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
1259
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<br />Dorsey, Owen, Marquart, Windhorst & West of Minneapolis, Minnesota, <br />and Messrs. Peterson & Popovich of St. Paul, Minnesota, together <br />with the customary no litigation certificate. Delivery will be <br />made anywhere in the United States within 30 days after acceptance <br />of the bid, without cost to the purchaser. <br /> <br />Sealed bids marked "Bid for $l,OOo,ooJ Temporary Improvement <br />Bonds, Series 211 may be mailed or otherwise delivered to the under- <br />signed but must be received by him prior to the time of said <br />meeting. Each bid must be unconditional except as to bonds being <br />issued and delivered with said opinion and the no litigation <br />certificate in conformity with this notice, and each bid must be <br />accompanied by a certified check or cashier's check payable to the <br />order of "Village of .Roseville, Ramsey County, Minnesota" in the <br />amount of $20,000, to be forfeited as liquidated damages in case <br />the bid is accepted and the bidder fails to comply therewith. <br /> <br />Each bid shall specify only one interest rate expressed as a <br />multiple of one-quarter (1/4) or one-tenth (l/lO) of one percent <br />(l%) per annum. No split rate bids will be accepted and bids <br />shall not provide for supplemental "B" coupons. <br /> <br />The bid offering the lowest net interest cost (total interest <br />from date of issuance to date of maturity, less any premium <br />offered) will be deemed the most favorable. No bid for less than <br />par plus accrued interest from date of issue to date of bond <br />delivery will be considered and oral auction bids will not be <br />received. The right to waive any informality in any bid and the <br />right to reject any and all bids are reserved. <br /> <br />Dated: June 21, 1965 <br /> <br />BY ORDER OF THE VILLAGE COUNCIL <br /> <br />Richard W. Turnlund <br />Village Clerk <br /> <br />for further information: <br />PETERSON & POPOVICH <br />314 Minnesota Building <br />St. Paul, Minnesota 222-5515 <br /> <br />4. Each and all of the terms and provisions of the foregoing <br />form of notice are hereby adopted as the te~s and conditions of <br />said bonds and the terms of the sale thereof. <br />
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