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EXTRACT OF MINUTES OF A MEETING OF THE <br />CITY COUNCIL OF THE CITY OF ROSEVILLE, MINNESOTA <br />HELD: March 8,2004 <br />Pursuant to due call and notice thereof, a regular or special meeting of the City Council <br />of the City of Roseville, Ramsey County, Minnesota, was duly held at the City Hall on March 8, <br />2004, at 6:00 p.m., for the purpose, in part, of authorizing the issuance and awarding the sale of <br />$1,760,000 General Obligation Improvement Refunding Bonds, Series 2004A. <br />The following members were present: <br />and the following were absent: <br />The City Finance Directorpresentedproposals on $1,760,000 General Obligation <br />Improvement Refunding Bonds, Series 2004A of the City, for which proposals were to be <br />received, opened, and tabulated by the City Clerk, or designee, this same day, in accordance with <br />the resolution adopted by the City Council on February 9, 2004. <br />The following proposals were received, opened, and tabulated at 10:00 a.m., Central <br />Time, at the offices of Springsted Incorporated, in the presence of the City Finance Director, or <br />designee, on this same day: <br />Bidder Interest Rate True Interest Cost <br />See attached <br />�,�r�s�r�i <br />