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<br />Dewan B. Barnes, <br />Clerk-Administrator <br />City Hall <br />2077 West Larpenteur Avenue <br />Falcon Heights, Minnesota 55113 <br />RATES: All bonds of the same maturity must <br />bear a single uniform rate from <br />date of issue to maturity and no <br />rate of any maturity may be lower <br />than the highest rate applicable to <br />bonds of any preceding maturities. <br />All rates must be in integral <br />multiples of 1/20th of 1$ and may <br />not exceed the maximum rate allowed <br />by law at the time of sale. No <br />limitation to placed upon the <br />number of rates which may be used. <br />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: October 10, 1984 <br />BY ORDER OF THE CITY COUNCIL <br />f s/ Dewan B. Barnes <br />City Clerk-Administrator <br />Additional information <br />may be obtained from: <br />EHLERS AND ASSOCIATES, INC. <br />507 Marquette Avenue <br />Minneapolis, Minnesota 55402 <br />Telephone No. 612-339-8291 <br />r <br />