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NO'I'ICE o.~' Si\I.,E $1,000,000 ,.,JATER IKPr.VJEME~rr BONDS SERIES 1 VILLAGE OF ROSEVILLE, RAMSEY COUNTY, MINNESOTA NOTICE IS HEREBY GIVEN that the Council of the Village of Roseville, Minnesota, will meet in the Council Chambers of the Village Hall in said Village at 8:00 o'clock P.M. on Wednesday, the 7th day of November, 1962, to receive, open and consider sealed bids for and award the sale of its negotiable coupon general obligation Water Improvement Bonds, Series 1, in the principal amount of $1,000,000, to be issued to pay a part of expenses incurred and to be incurred in the construction of Water Improvement No. 62-1, pursuant to the provisions and under the authority of Minnesota Statutes 1961, Chapter 429. Said bonds will be dated November 1, 1962, will bear interest at the rate or rates to be designated by the successful bidder in integral mutiples of 1/4 or 1/10 of 1% per annum, payable November 1, 1963, and semi-annually thereafter on May 1 and November 1 of each year and will mature serially on November 1 in the years and amounts as follows: $50,000 196;3 - 1982 The bonds maturing in the years 1973 through 1982 will be callable at the option of the Village on November 1, 1972 and any interest payment date thereafter at par and accrued interest plus a premium of $20 if prepaid on or before May 1, 1977, and without premium if prepaid on or after November 1, 1977. Of the bonds outstanding at the time of redemption, those bearing the highest coupon rate will be prepaid first, in inverse order of their serial numbers. Principal and interest will be made payable at such banking institution in the united States named by purchaser. The bonds will be issued in denomination of $1,000 or $5,000 each, as desired by purchaser. Purchaser is rUjL1/-:.sted to advise the village of denomination and paying agent desirc~ within 48 hours after the sale. The village will furnish, witho-~t cost to the purchaser, and within 30 days after date of sale, the printed and executed bonds and approving legal opinion of Messrs, Dorsey, Owen, Marquart, Windhorst & West of Minneapolis, Minnesota~ and Messrs. Peterson & Popovich of St. Paul, Minnesota, together with certificate stating that there is then no litigation threatened or pending, affecting the validity of the bonds.