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• It was reported that ~ sealed bids for the purchase of the <br />$1,075,000 General Obligation Improvement Bonds, Series 1993 of the City (the <br />"Bonds") in accordance with the Terms and Conditions of Sale for the Bonds. The <br />bids have been opened, read and tabulated, and the terms of each were found to be <br />as follows: <br />Bidder Purchase Price Interest Rates Net Interest Cost <br />See Attached <br />• <br />• <br />