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• AWARD: Award will be made solely on the <br />basis of lowest dollar interest <br />cost, determined by addition of any <br />discount to and deduction of any <br />premium from the total interest on <br />all bonds from their date to their <br />stated maturity. The net effective <br />average rate of the issue may not <br />exceed the maximum rate allowed by <br />law at the time of sale. <br />The Issuer reserves the right to reject any and all bids, to <br />waive informalities and to adjourn the sale. <br />Dated: ~~iay 8, - 1985 <br />BY ORDER OF THE CITY COUNCIL <br />J s/ Dewan B . Barnes <br />= Clerk-Treasurer <br />• Additional information <br />may be obtained from: <br />EHLERS APJD ASSOCIATES, INC. <br />First National - Soo Line Concourse <br />507 Marquette Avenue <br />t4inneapolis, Minnesota 55402 <br />Telephone No.: 612-339-8291 <br />• <br />