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Sealed bids marked "Bid for $3,265,000 Temporary Improvement Bonds, Series 1" may be mailed or otherwise delivered to the undersigned but must be received by him prior to the time of said meeting. Each bid must be unconditional except as to bonds being issued and delivered with said opinion and the no litigation certificate in conformity with this notice, and each bid must be accompanied by a certified check or cashier's check payable to the order of "Village of Roseville, Ramsey County, Minnesota" in the amount of $65,300, to be forfeited as liquidated damages in case the bid is accepted and the bidder fails to comply therewith. Each bid shall specify only one interest rate expressed as a multiple of one-quarter (1/4) or one-tenth (1/10) of one percent (1%) per annum. No split rate bids will be accepted and bids shall not provide for supplemental lIB" coupons. The bid offering the lowest net interest cost (total interest from date of issuance to date of maturity, less any premium offered) will be deemed the most favorable. No bid for less than par plus accrued interest from date of issue to date of bond delivery will be considered and oral auction bids will not be received. The right to waive any informality in any bid and the right to reject any and all bids are reserved. Dated: March 30, 1964 BY ORDER OF THE VILLAGE COUNCIL for further information: PETERSON & POPOVICH 314 Minnesota Bldg., St. Paul, Minn. CApital 2-5515 Richard W. Turnlund Village Clerk 4. Each and all of the terms and provisions of the fore- going form of notice are hereby adopted as the terms and con- ditions of said bonds and the terms of the sale thereof. The motion for the adoption of the foregoing resolution was duly seconded by Trustee Shields, and upon vote being taken, the following voted in favor thereof: all and the following voted against the same: none whereupon said resolution was declared duly pas~ed and adopted.