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<br />~~t~'V4cLJ.A/
<br />
<br />then introduced the following resolution and moved
<br />
<br />its adoption:
<br />
<br />~ d7~Lj
<br />RESOLUTION AWARDING SALE OF
<br />$1,052,000 IMPROVEMENT BONDS
<br />
<br />BE IT RESOLVED by the Council of the Village of Rosevil1e, Minnesota, that
<br />the Council has duly received and examined all bids presented pursuant to public
<br />notice of sale for the purchase of Improvement Bonds of various series in the aggre-
<br />gate principal amount of $1,052,000, all to be dated July 1, 1963, and does hereby
<br />find and determine that the highest and best of such bids is that of
<br />, of
<br />, and associates, to purchase the bonds at par and accrued interest
<br />plus a premium of $ , the bonds of each series maturing in the respective
<br />years stated below to bear interest at the annual rates stated opposite their matur-
<br />ity years:
<br />
<br /> Sanitary Sewer
<br /> Water Improvement Improvement Bonds, General Improvement
<br /> Bonds, Series 4 Series I Bonds, Series 1
<br />Maturity Interest Interest Interest
<br />Year Amount Rate Amount Rate Amount Rate
<br />1964 $16, 000 ( $ 6,000
<br />1965 $30,000 10,000 -' 10,000
<br />1966 30,000 10,000 ~ 10,000
<br />1967 30,000 10,0001" 10,000
<br />1968 30,000 10,000 V" 10,000
<br />1969 30,000 10,000 '" 10,000
<br />1970 30,000 10,000.... 10,000
<br />1971 30,000 10,000./ 10,000
<br />1972 30,000 10,000 10,000
<br />1973 30,000 10,000 10,000
<br />1974 30,000 10,000 10,000
<br />1975 30,000 10,000 10,000
<br />1976 30,000 10,000 20,000
<br />1977 30,000 10,000 20,000
<br />1978 30,000 10,000 20,000
<br />1979 30,000 10,000 20,000
<br />1980 30,000 10,000 20,000
<br />1981 30,000 ;1.0,000 20,000
<br />1982 30,000 10,000 20,000
<br />1983 30,000 10,000 20,000
<br />
<br />and each of the bonds to bear additional interest, represented by separate "B" cou-
<br />pons, at the rate of % per annum from , 19 to ,
<br />19 . This bid is hereby accepted, and the Mayor and Village Clerk are directed to
<br />execute a contract for the sale of the bonds in accordance therewith. The check
<br />
<br />-4.
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