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7/17/2007 9:06:41 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
3030
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<br />NOTICE OF SALE <br />$490,000 Ice Arena G.O. Revenue Bonds <br />VILLAGE OF ROSEVILLE, RAMSEY COUNTY, MINNESOTA <br /> <br />NOTICE IS HEREBY GIVEN that the Council of the Village of <br />Roseville, !{innesota, will meet at the Council Chambers of the Village <br />Hall in said Village at 5:30 o'clock p.m., Central Daylight Saving <br />Time, on Thursday, the 29th day of July, 1968, to receive, open and <br />consider sealed bids for and award the sale of its negotiable coupon <br />Ice Arena Bonds in the principal amount of $490,000 for which the full <br />faith and credit and taxing powers of the Village will be pledged, to <br />be issued to provide funds for the acquisition of a municipal ice <br />arena. Said bonds will be dated August 1, 1968, will bear interest at <br />the rate or rates to be designated by the successful bidder in integral <br />multiples of 1/4 or 1/10 of 1% per annum, payable August 1, 1969, and <br />semi annually thereafter on February 1 and August 1 in each year and <br />will mature serially on February 1, in the years and ~~ounts as <br />follows: <br /> <br />$ 5,000 <br />10 ,000 <br />25,000 <br /> <br />1970 <br />1971 <br />1972 - 1990 <br /> <br />The bonds maturing in the years 1980 through 1990 will be callable <br />at the option of the Village on February 1, 1979, and any interest <br />payment date thereafter at par and accrued interest. Callable bonds <br />will be redeemed in inverse order of their serial numbers. <br /> <br />Principal and interest will be made payable at a banking institution <br />in the United States named by the purchaser. The bonds will be issued <br />in denomination of $1,000 or $5,000 each, as desired by the purchaser. <br />The purchaser is requested to advise the Village of the denomination and <br />paying agent desired within 48 hours after the sale. The Village will <br />furnish, without cost to the purchaser, and within 30 days after the <br />date of sale, the printed and executed bonds and the approving legal <br />opinion of Messra. Briggs and Morgan of St. Paul, Minnesota, and <br />Messrs. Peterson & Popovich, of St. Paul, Minnesota, together with a <br />certificate stating that there is then no litigation threatened or <br />pending affecting the validity of the bonds. <br /> <br />Sealed bids marked "Bid for $490,000 Ice Arena G.O. Revenue Bonds" <br />must be mailed or delivered to the undersigned Village Clerk and must <br />be received at his office prior to the time of <br />
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