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<br />Member <br /> <br />Curley <br /> <br />then introduced the following resolution and <br /> <br />moved its adoption: <br /> <br />RESOLUTION NO'2061 <br /> <br />RESOLUTION AWARDING SALE OF <br />$2 ,080,000 GENERAL IMPROVEMENT BONDS, <br />SERIES 4 <br /> <br />. <br />0\ <br />CIO <br />0\ <br />.-4 <br /> <br />BE IT RESOLVED by the Village Council of the Village of Roseville, Minne- <br /> <br />sota, that the bid of American Natl. Bank 6i Tr.Co. of St. Fa 1 MinD,.. nd ' <br />of PhelpSly...!e~ 1- CO. , and associates thereln namea:, ""to purc,^a~e -:pz;oodl;ouo <br />General Imp~el~~o~.Series 4 of the Village in accordance with the notice of <br />sale thereof heretofore duly published, is hereby found and determined to be the <br />best bid received for said bonds and is hereby accepted. said bid being to purchase <br />said bonds at a price of par and accrued interest plus a premium of $0 00 ' the <br />bonds maturing in the years set forth below to bear interest at the ra!es per annum <br />set forth opposite such maturity years, respectively: <br /> <br />B <br /><:> <br />,... <br />0\ <br />.-4 <br /> <br />s <br />~ <br />IW <br />CD <br />'" <br />c <br />.8 <br /> <br />Maturity Years <br /> <br />Interest Rate <br /> <br />1969 - 1971 <br />1372 - 1975 <br />1976 - 1979 <br />1980 - 1982 <br />1983 - 1,84 <br />19B.!:>> - 1986 <br />~n ...!2jJ - 1989 5 ona <br />and/~ to Dear additional interest at the rate of 1 Jbpet l:l1lnum from <br />A~gU8t 11 ,19 6Stot\L' 11 1 ' l~O' represente<!oy a separate set of <br />'F' coupons. '!he Mayor Mer' ~mage Clerk are fiereby authorized and directed to exe- <br />cute on behalf of the Village a contract for the sale of said bonds upon said terms. <br />The Village Clerk shall retain the good faith check of the successful bidder pend- <br />ing delivery of the bonds and payment of the purchase price, and shall return the <br />checks of the other bidders forthwith. <br /> <br />4.00% <br />4.25% <br />4.50% <br />4.70% <br />4.80% <br />4.90% <br /> <br />o <br /><:> <br />o <br />.. <br />o <br />o <br />o <br />.. <br />N <br />-U). <br /> <br />Onnllld Moll <br />Mayor <br /> <br />Attest: <br /> <br />R\Ti~a~CPe~ind <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded <br /> <br />by Member <br /> <br />Shields <br /> <br />) and upon vote being ta..1{en thereon, the following voted <br /> <br />in favor thereof: <br /> <br />All <br /> <br />-3- <br />