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EXHIBIT B <br />• OFFICIAL TERMS OF <br />BOND SALE <br />$600,000 <br />GENERAL OBLIGATION TAX <br />INCREMENT BONDS OF 1934 ,SERIES B <br />CITY OF FALCON HEIGHTS <br />RAMSEY COUNTY <br />MINNESOTA <br />NOTICE IS HEREBY GIVEN that these bonds will be offered for <br />sale according to the following terms: <br />TIME AND PLACE: Monday, November 5, 1984, at 7:00 <br />P.M., Central Time at the City Hall <br />in Falcon Heights, Minnesota. <br />TYPE OF BONDS: Fully registered general obligation <br />bonds, $5,000 or larger denomina- <br />tions at the option of the bidder. <br />DATE OF ORIGINAL <br />ISSUE OF BONDS: November 1, 1984. <br />• PURPOSE: To defray the expense of certain <br />capital and administration costs of <br />Development District No. 2 in the <br />City. <br />INTEREST PAYMENTS: August 1985, and semiannually <br />thereafter on February 1 and <br />August 1. <br />MATURITIES: February 1 in each of the years and <br />amounts as follows: <br />1988 $ 5,000 <br />1989 $10,000 <br />1990 $15,000 <br />1991 $25,000 <br />1992 $25,000 <br />1993 $25,000 <br />1994 $25,000 <br />1995 $25,000 <br />1996 $35,000 <br />• <br />