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<br />DELIVERY: <br /> <br />On May 1, 1972 after award subject <br />to approving legal opinion of <br />Messrs. Briggs and Morgan of St. Paul, <br />Minnesota, and Messrs. Peterson & <br />Popovich of St. Paul, Minnesota. <br />Bond printing and legal opinion will <br />be paid by issuer and delivery will <br />be anywhere in the continental <br />United States without cost to the <br />purchaser. Legal opinion will be <br />printed on the bonds at the request <br />of the successful bidder. <br /> <br />TYPE OF BID: <br /> <br />Sealed bids of not less than <br />$1,470,000 and accrued interest on <br />the principal sum of $1,495,000 <br />from date of bonds to date of <br />delivery must be filed with the <br />undersigned prior to the time of <br />sale, together with a certified or <br />cashier's check in the amount of <br />$29,900, payable to the order of the <br />Treasurer of the issuer, to be for- <br />feited as liquidated damages if <br />bidder fails to comply with accepted <br />bid. Bids for the bonds should be <br />addressed to Burke M. Raymond, <br />Village Manager, Village Hall, <br />2701 North Lexington, Roseville, <br />Minnesota 55113. <br /> <br />RATES: <br /> <br />All rates and combination of rates <br />must be in integral multiples of <br />1/20th of 1% and may not exceed 7% <br />per annum. Additional interest <br />coupons may not be used. No limita- <br />tion is placed on the number of <br />rates which may be used. All bonds <br />of a single maturity shall bear a <br />uniform basic rate of interest from <br />date of issue until paid and the <br />basic rate of interest payable on <br />each bond of the issue must not <br />exceed the basic rate of interest <br />payable on other bonds of the same <br />or subsequent maturities. <br />