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Last modified
7/17/2007 9:13:07 AM
Creation date
4/25/2005 12:03:31 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
6994
Resolution Title
Accepting Bid on Sale of $2,415,000 General Obligation Improvement Bonds, Series 10 Providing for their Issuance and Levying a Tax for the Payment Thereof
Resolution Date Passed
8/11/1980
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<br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />RAMSEY COUNTY <br />CITY OF ROSEVILLE <br /> <br />$5,000 <br /> <br />No. <br /> <br />GENERAL OBLIGATION IMPROVEMENT <br />BOND, SERIES 10 <br /> <br />KNOW ALL PERSONS BY THESE PRESENTS that the City of <br />Roseville, Ramsey County, Minnesota, certifies that it is <br />indebted and for value received promises to pay to bearer the <br />principal sum of <br /> <br />FIVE THOUSAND DOLLARS <br /> <br />on the first day of September, 19 and to pay interest <br />thereon from the date hereof untir-the principal is paid at the <br />rate of percent <br />( %) per annum, payable on the first day of September, 1981 <br />and semiannually thereafter on the first day of March and the <br />first day of September in each year, interest to maturity being <br />represented by and payable in accordance with and upon <br />presentation and surrender of the interest coupons hereto <br />attached, as the same severally become due. Both principal and <br />interest are payable at <br />, or any successor paying agent duly <br />appointed by the City, in any coin or currency of the United <br />States of America which at the time of payment is legal tender <br />for public and private debts. <br /> <br />All bonds of this issue maturing in the years 1990 to <br />2000, both inclusive (bonds numbered 207 to 483, both <br />inclusive), are subject to redemption and prepayment at the <br />option of the City in inverse order of serial numbers, on <br />September 1, 1989 and on any interest payment date thereafter <br />at par and accrued interest. Published notice of redemption <br />shall in each case be given in accordance with law, and mailed <br />notice of redemption shall be given to the bank where the bonds <br />are payable. <br />
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