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Last modified
7/17/2007 9:09:21 AM
Creation date
4/23/2005 5:25:30 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
775
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<br />bonds of any series shall bear interest at an additional rate, <br />to be represented by separate and detachable coupons, for a period <br />expiring on or before July 1, 1965 provided that the aggregate <br />amountof interest represented by such coupons does not exceed <br />2% of the aggregate principal amount of the series. The bid <br />offering the lowest total dollar amount of net interest cost <br />computed to the stated maturities of the bonds of all series, <br />deducting therefrom the premium if any, will be deemed the most <br />favorable to the village. No bid for less than all of the bonds <br />offered herewith and no bid of less than par plus accrued interest <br />will be considered. The village reserves the right to reject <br />any and all bids, and to waive any informality in any bid, and to <br />adjourn the sale if deemed necessary. <br /> <br />Dated: June 10, 1963 <br /> <br />BY ORDER OF THE VILLAGE COUNCIL <br /> <br />Richard W. Turnlund <br />Village Clerk <br />
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