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<br />NOTICE OF REDEMPTION <br />General Obligation Tax Increment Bonds of 1985, Series B, <br />dated as of December 1, 1985 <br />City of Falcon Heights, Minnesota <br />NOTICE IS HEREBY GIVEN THAT, the bonds of the above issue which <br />mature on March 1 in the years 1994 and 1995 are called for redemption and <br />prepayment on March 1, 1993. <br />The bonds to be redeemed are further described below: <br /> CUSIl' Interest Principal <br />M~ Number Rate Amount <br />March 1, 1994 306045 DN2 7.00% $175,000 <br />March 1, 1995 306045 DP7 7.15% 200,000 <br />In order to receive payment of the redemption price, which is the principal amount <br />thereof plus accrued interest, bondholders must present their bonds to the Paying <br />Agent, American National Bank and Trust Company, 101 East Fifth Street, Saint <br />• Paul, Minnesota 55101-9976, Attention: Paying Agency Department <br />Interest on the bonds will cease to accrue on and after March 1, 1993. <br />Bondholders presenting their bonds for payment must include -their <br />Taxpayer Identification Number on Form W-9 to avoid withholding under the <br />Interest and Dividend Tax Compliance Act.. <br />Additional information may be obtained from Ehlers and Associates, <br />Inc., 2950 Norwest Center, 90 South Seventh Street, Minneapolis, Minnesota 55402, <br />Telephone No. (612) 339-8291. <br />BY ORDER OF THE CITY COUNCIL <br />/s/ Shirley G. Chenoweth <br />City Clerk <br />• <br />