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Designation Street Imp. No. 64-2 Street Imp. No. 65-20 Street Imp. No. 65-31 Street ~. No. 65-32 Street Imp. No. 65-34 Street Imp. No. 65-40 Street Imp. No. 66-16 Storm Sewer Imp. No. 65-8 Storm Sewer Imp. No. 65-9 Storm Sewer Imp. No. 65-37 Storm Sewer Imp. No. 65-43 Storm Sewer Imp. No. 65-11 ~J41~a St~ll S~ >>np. NQ", ~14 and 66-15 Storm Sewer Imp. No. 65-19 Water Imp. No. 65-18 Sanitary Sewer ~. No. 65-17 Sanitary Sewer & Water Imp. No. 65-46 The village has duly entered into a contract for the construction of all or a part of each of said improvements except Storm Sewer Imp. No. 65-11 and con- solidated Storm Sewer Imp. No. 66-14 and 66-15. The total cost of said improve- ments is estimated to be not less than $1,932,000, and for the purpose of paying said cost it is necessary for the village to issue its improvement bonds in the principal amount of $1,932,000 pursuant to Minnesota Statutes, Chapters 429 and 475. 2. The $1,932,000 General Improvement BondS, Series 2, sold be resol- ution adopted this date, shall be issued and secured in accordance with the provisions of Minnesota Statutes, Chapters 429 and 475 and the resolution of this Council adopted July 1, 1963, entitled ffRESOLUTION ESTi\BIJISHING A SINKmG FUND FOR THE PAYMENT OF GENERAL IMPROVEMENT BONDS AND APPROPRIATING TO THAT FUND TAXES AND SPECIAL ASSESSMENTS LEVIED FOR IMPROVEMENTS FlNANCED BY SUCH BONDS, It which is by reference incorporated herein and made a part hereof 0 The bonds shall be in number and numbered from 1 to 388 , inclusive, each in the denomination of $ 5000 * and in the aggregate amount of $1,932,000, designated General Improvement Bonds, Series 2! dated as of June 1, 1966, and shall mature serially on June 1 in the amount of :pl02, 000 in the year 1967, $185,,000 in each of the years 1968 through 1970, and $75,000 each of the years 1971 through 1987. The bonds maturing in the years 1967 through 1975 shall not be subject to redemption before maturity, but those maturing in the years 1976 through 1987 shall be each subject to redemption and prepayment at the option of the Village on June 1, 1971, and any interest payment date thereafter, in inverse order of serial numbers, at par plus accrued interest to the date specified for redemption, plus a premium of 2% of the par value of each bond prepaid on or before December 1, 1975, and without premium if prepaid on or after June 1, 1976. Not less than thUty days before -5- * except bonds Nos. 1 and 2 will be in the denomination of:nOOO each,