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EXHIBIT A <br />• NOTICE OF BOND SALE <br />$525,000 <br />.CITY OF FALCON HEIGHTS <br />RAMSEY COUNTY <br />MINNESOTA <br />GENERAL OBLIGATION TAX <br />INCREMENT IMPROVEMENT BONDS OF 1983 <br />These bonds will be offered Wednesday, August 31, 1983, at 7:30 <br />P.M., Central Time, at the City Hall, in Falcon Heights, <br />Minnesota. The bonds-will be dated September 1, 1983 and <br />interest will be payable March 1, 1984 and semiannually <br />thereafter. The bonds will be general obligations of the <br />Issuer for which its unlimited taxing powers will be pledged. <br />The bonds will-mature, without right of prior redemption., on <br />March l in the amounts and years as follows: <br />$50,000 <br />$75,000 <br />$50,000 <br />$75,000 <br />$50,000 <br />• $75,000 <br />All dates ar <br />the year 1985; <br />the year 1986; <br />the year 1987; <br />each of the years 1988 and 1989; <br />the year 1990; and <br />each of the years 1991 and 1992. <br />zclusive. <br />in <br />in <br />in <br />in <br />in <br />xn <br />e i~ <br />Sealed bids for not less than $514,706 and accrued interest on <br />the principal sum of $525,000 will be accepted. No rate of <br />interest nor the net effective average rate of the issue may <br />exceed the maximum rate allowed by law at the time of sale. An <br />acceptable approving legal opinion will be furnished by Briggs <br />.and Morgan, Professional Association, of St. Paul and <br />Minneapolis, Minnesota. The proceeds will be used to defray <br />the expense of certain capital and administration costs in <br />Development District No. 1 in the City. <br />Dated: July 19, 1983 <br />BY ORDER OF THE CITY COUNCIL <br />/s/ Dewan Barnes <br />Clerk-Admina.strator <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 />