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<br />- 1 - <br /> <br />RESOLUTION NO. 158 <br />ADOPTED Sept. 18, 1957 <br />ALSO REFER TO <br />RESOLUTION NO. 139 <br /> <br />Village <br /> <br />Extract of Ninutes of Meeting <br />of V ill age Council <br />of Roseville, Ramsey County, Minnesota <br />September 18. , 1957 <br /> <br />Pursuant to due call and notice thereof, a special meeting of the <br /> <br />Council of the Village of Rosevi11e, Minnesota, was held at the Council Chambers <br /> <br />in the Village Hall in said Village on the 18th day of September, 1957, at <br /> <br />12:00 o'clock ~ <br /> <br />The following Trustees were present: Carlson, Brennan and Hammersten <br /> <br />and the follolling were absent: Kitts and McGee <br /> <br />~-*** <br /> <br />**** <br /> <br />**** <br /> <br />The Clerk presented affidavits showing publication of the notice of <br /> <br />sale of the Sanitary Sewer Improvement Bonds, Series C, in the amount of <br /> <br />$600,000 in accordance with the resolution adopted August 27 J 1957, Said <br /> <br />affidavits were examined, found satisfactory and ordered placed on file. <br /> <br />The Clerk reported that -L. sealed bids had been received pursuant <br /> <br />to said published notice of sale, which bids were thereupon opened and publicly <br /> <br />read and considered, and the highest and best bid of each bidder was found to <br /> <br />be as follows: <br /> <br />Name of Bidder or <br />Manager 0 f BiddiJm Account <br /> <br />First National Bank of <br />St. Paul <br /> <br />Interest Rate <br />or Rates <br /> <br />Premium <br /> <br />4.30% 1958 - 68 <br />4.70% 1969 - 71 <br />1.10% 1/1/58 - 1/1/59 <br />Net Interest 4.6812% <br /> <br />None <br /> <br />American National Bank <br />of St. Paul <br /> <br />4.25% 1958 - 61 <br />4.60% 1968 - 72 <br />4.70% 1973 - 17 <br />1.00% 1/1/58 - 1/1/60 <br />Net Interest 4.7292% <br /> <br />None <br />