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Last modified
7/17/2007 9:09:03 AM
Creation date
4/23/2005 5:20:10 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
6263
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<br />PAYING AGENT: <br /> <br />Bidder's discretion. <br /> <br />CUSIP NUMBERS: <br /> <br />The bonds will be printed without <br />CUSIP numbers unless requested by the <br />purchaser who must agree in the Offer <br />for the Bonds to pay all costs and <br />expenses thereof including printing <br />and CUSIP Service Bureau charges. Any <br />failure to print such numbers or errors <br />in printing shall not be cause for <br />failure or refusal of the purchaser to <br />accept delivery of and pay for the bonds <br />in accordance with the purchase contract. <br />The purchaser shall waive any ~xtension <br />in delivery time due to use of the num- <br />bers and shall accept all responsibility <br />in connection with use of CUSIP numbers. <br /> <br />DELIVERY: <br /> <br />30 days after award subject to approv- <br />ing legal opinion of Messrs. Briggs and <br />Morgan, Professional Association, of <br />St. Paul, Minnesota, and Messrs. Peterson <br />& Popovich of St. Paul, Minnesota. Bond <br />printing and legal opinion will be paid by <br />issuer and delivery will be anywhere in <br />the continental United States without cost <br />to the purchaser. Legal opinion will be <br />printed on the bonds at the request of <br />the successful bidder. <br /> <br />TYPE OF BID: <br /> <br />Sealed bids of not less than $835,000 <br />and accrued interest on the principal <br />sum of $850,000 from date of bOnds to <br />date of delivery must be filed with the <br />undersigned prior to the time of sale, <br />together with a certified or cashier's <br />check in the amount of $17,000, payable <br />to the order of the Treasurer of the <br />issuer, to be forfeited as liquidated <br />damages if bidder fails to comply with <br />accepted bid. Bids for the bonds should <br />be addressed to James F. Andre, city <br />Manager, City Hall, 2701 North Lexington, <br />Roseville, Minnesota 55113. <br />
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