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543G <br />P.-85-~8 <br />i EXTRACT OF MINUTES OF A MEETING OF THE <br />CITY COUNCIL OF THE CITY OF <br />FALCON HEIGHTS, MINNESOTA <br />HELD: December 3, 1985 <br />Pursuant to due call and notice thereof, a special meeting <br />of the City Council of the City of Falcon Heights, Ramsey <br />County, Minnesota, was duly called and held at the City Hall in <br />said City on Tuesday, the 3rd day of December, 1985, at 6:00 <br />P.M. for the purpose of opening and considering bids for, and <br />awarding the sale of, $745,000 General Obligation Tax Increment <br />Bonds of 1985, Series B, of the City. <br />The following members were present: Mayor r.ggert, Councilmembers <br />Lard, Ciernia, Chenoweth and Ealdwin <br />and the following were absent: ivTone <br />The Clerk-Treasurer presented affidavits showing <br />• publication of notice of call for bids on $745,000 General <br />Obligation Tax Increment Bonds of 1985, Series B, of the City, <br />for whic'n bids were to be received at this meeting, in <br />accordance with the resolution adopted by the City Council on <br />November 13, 1985. The affidavits were examined, found to <br />comply with the provisions of Minnesota Statutes, Chapter 475, <br />and were approved and ordered placed on file. <br />The Council proceeded to receive and open bids for <br />the sale of the Bonds. The following bids were received: <br />Bidder Interest Rate Net Interest Cost <br />.. <br />