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Last modified
7/17/2007 9:05:29 AM
Creation date
4/23/2005 4:18:16 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
1460
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<br />NanCE OF SALE <br />;P2, 950, cmwATER IMPROVEMENT BONDS <br />SERIES 5 <br />VILLAGE OF ROSEVILLE, RAMSEY COUNTY, rromESOTj\ <br /> <br />NOTICE IS l-IERE13Y GIVEN that the Council. of the Village of Roseville, <br />Minnesota, will meet in the Council Chambers o~ the Village Hall in said <br />Village at 7: 3001 clock P.M. on Monday ,the 14th day of March ,1966, to <br />receive, open and consider sealed bids for and alvard the sale o~ its negotiable <br />coupon general obligation Water Improvement Bonds, Series 5, in the principal <br />amount of $2.,950,000, to be issued to pay expenses incurred and to be <br />incurred in the construction of Hater Improvements No. 62..2 and 61;.-4, aJ:!.d to <br />refund Temporary Improvement Bonds issued to pay such CX})l:;9S~<j, pursuant to the <br />provisions and under the authority of Minnesota Statutes 1.961, Chapter 429. <br />Said bonds will be dated April 1, 1966, will bear interest Rt the rate or rates <br />to be designated by the successful bidder in integral multiples of 1/4 or 1/10 <br />of 1% per annum, payable October 1, 1966, and semi-annually thereafter on <br />April 1 and October 1 of each yea~and will mature serially on April 1 in the <br />years and amount s aE: follows: <br /> <br />Year Amount Year Amount <br /> ---- <br />1967 $165,000 1976 $165,000 <br />1968 165,000 1977 165,000 <br />1969 165,000 1978 165,000 <br />1970 165,000 1979 165,000 <br />1971 165,000 1980 165,000 <br />1972 165,000 1981 165,000 <br />1973 165,000 1982 165,000 <br />1974 165,000 1983 165,000 <br />1975 165,000 1984 145,000 <br /> <br />The bonds maturing in the years1976through1984 will be callable at the <br />option of the village on Apr ill, 1971 and any interest payment date <br />thereafter at par and accrued interest plus a premium of 2% if prepaid on <br />or before October 1, 1975 , nnd without premium if prepaid on or after <br />April 1, 1976 Callable bonds will I)€/ redeemed in iuverse order of <br />~heir nerial numbers <br />
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