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CCRes_83-23
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CCRes_83-23
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7/14/2009 10:12:46 AM
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REDEMPTION: All bonds shall be without option <br />of prior payment. <br />PAYING AGENT AND. <br />BOND~REGISTRAR: To be determined by the Issuer. <br />CUSIP NUMBERS: It is anticipated that CUSIP <br />numbers wall be printed on said <br />bonds, but neither the failure to <br />print such numbers on any bond nor <br />any error with respect thereto <br />shall constitute cause for a <br />failure or refusal by the purchaser <br />thereof to accept delivery of and <br />pay for sand bonds in accordance <br />with terms of the purchase <br />contract. <br />.DELIVERY: Forty days after award subject to <br />approving legal opinion of Briggs <br />and Morgan, Professional <br />Association, of St. Paul and <br />Minneapolis, Minnesota. Bond <br />printing and legal opinion will be <br />paid by the Issuer and delivery <br />will be anywhere in the continental <br />• -- United States without cost to the <br />purchaser. Legal opinion will be <br />printed on the bonds at the request <br />of the successful bidder. <br />TYPE OF BID: Sealed bids of not less than <br />$514,706 and accrued interest on <br />.the principal sum of $525,000 from <br />date of bonds to date of delivery <br />must be filed with the undersigned <br />prior to the time of sale. Bids <br />must be unconditional except as to <br />legality. A certified. or cashier's <br />check in the amount of $10,500, <br />payable to the order of the <br />Clerk-Treasurer of the issuer must <br />accompany each bid, to be forfeited <br />as liquidated damages if bidder <br />fails to comply with .accepted bid. <br />Bids for the bonds should be <br />.addressed to: <br />Dewan Barnes, Clerk-Administrator <br />City Hall. <br />1644 W. Larpenteur Avenue <br />• ~ Falcon Heights, Minnesota 55113 <br />
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