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• <br />It was reported that bids were to be considered at the meeting for the <br />sale by the City of i~ $1,170, OOOGeneral Obligation Tax Increment Refunding Bonds <br />of 1993. <br />It was reported that nine sealed bids for the purchase of said Bonds <br />• <br />had been received from the following institutions at or before the time stated in the <br />notice of sale for the opening of bids, and the bids were then publicly read and <br />considered, and were all found to conform to the notice of sale and terms and <br />conditions of sale and to be accompanied by the required security, and the terms of <br />each bid have been determined to be as follows: <br />Total <br />Interest <br />Bid for Interest Cost-Net Interest <br />Name of Bidder Principal Rate Rate <br />SEE ATTACHED <br />~~ <br />