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The Council then proceedRd to consider such bids. After the bids had been considered and discussed, member Curley jntroduced the following resolution and moved i ts.--aCfOlJT-rorl:-- ~ _ /. . A / 3 '/)_ P7 fl t?'xY C<...7/ C""1v /V~I. 0 y..... /7' HES01Urlm~ ACCEPTING BID ON SALE OF $490,000GENEHAL OBLIGJ\'l'ION ICE ARENA REVENUE BONDS PROVIDING FOn ~'HEIn ISSUANCE J\ND LJI\liING A TAX FOR 'II HE PAYMEN'l1 T:rIEHEOF BE Ell RESOLVED by the Council of the Village of Roseville, Minnesota, as follows: 1. That the bid of Anlerican National Bank and Trust to purcha.se $490,000 General Ob-Tfga'ti6i1-Ice-Arerla-Reven-u.e- Company Bonds of the Village, in accordance with the notice of bond sale, at the rates of interest hereinafte~ set forth, and to pay therefor the sum of $490,000 (plus a premium of none ) is hereby found, determined and declared to be 't}l8--i;.io,s'CTavorable bid received, and is hereby accepted and said bonds are hereby awarded to said bidder. The Village Clerk is directed to retain the deposit of said bidder and to forthwith return the good faith checks or drafts to the unsuccessful bidders. Said bonds shall be payable as to pr'incipal and Jnterest at The American National Bank and Tru s j:. ...c:_<2!1)P9:r:!Y,_~n ~~.~_~~~~2~~Mln~.~oi-a==~~.=--------- 2. The $490,000 negotiable coupon general obli- gation bonds of the Village shall be dated August 1, 1968 and shall be issued forthwith. Said bonds shall be 98 in number and numbered f:r'om 1 to 98 , both inclu,sive,--::ln the denomination of $5,000 e a-c h.: Said bonds shall mature serially, lowest -numbers-first~ on February 1 in the years and amounts as follows: I 5,000 in the year 1970; '10,000 in the year 1971; and 25,000 in each of the years 1972 to 1990, both inclusive. 3. The bonds of said issue maturing in the years and bearing the serial numbers set forth below shall bear interest, payable August 1, 1969 and semiannually there- after on February 1 and August 1 of each year, at the re- spective rates per annum set opposite said maturity years and serial numbers: un 2-