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<br />Exhibit A <br /> <br />NOTICE OF BOND SALE <br /> <br />$2,100,000 GENERAL OBLIGATION IMPROVEMENT <br />BONDS, SERIES 22 <br />CITY OF ROSEVILLE, <br />RAMSEY COUNTY, MINNESOTA <br />(Global Book Entry System) <br /> <br />NOTICE IS HEREBY GIVEN that sealed bids for the purchase of the above <br />bonds will be received until 12:00 noon, C.T. on Monday, April 22, 1996, in the <br />offices of the City Manager in City Hall, 2660 Civic Center Drive, Roseville, <br />Minnesota, at which time the bids will be opened and tabulated for consideration by <br />the City Council at a meeting at 6:30 o'clock P.M. on the same day. The bonds are <br />offered on the following terms. The bonds will be dated May 15, 1996, will bear <br />interest payable semiannually on each March 1 and September 1, commencing <br />September 1, 1996, and will mature on March 1 in the years and amounts as follows: <br /> <br />Year Amount Year Amount <br />1997 $100,000 2005 $145,000 <br />1998 105,000 2006 150,000 <br />1999 105,000 2007 160,000 <br />2000 110,000 2008 165,000 <br />2001 120,000 2009 175,000 <br />2002 125,000 2109 185,000 <br />2003 130,000 2011 190,000 <br />2004 135,000 <br /> <br />The City may elect on March 1, 2002 or on any date thereafter, to redeem and <br />prepay Bonds due on or after March 1, 2003. Redemption may be in whole or in part <br />and if in part, at the option of the City and in such order as the City will determine <br />and within a maturity lot as selected by the registrar. All payments will be at a price <br />of par plus accrued interest. <br /> <br />Bidders must specify a price of not less than $2,068,500 plus accrued interest. <br />A legal opinion on the bonds will be furnished by Kennedy & Graven, Chartered, <br />Minneapolis, Minnesota. The proceeds of the bonds will be used to finance a portion <br />of the costs of various assessable public improvements in the City. <br /> <br />DJ1tl00852 <br />RS200-16 <br />