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<br /> <br /> <br />• <br />PAYING AGENT: Suitable bank designated by <br />• purchaser. <br />DELIVERY: 40 days after award subject to <br />approving legal opinion of Messrs. <br />Briggs and Morgan, in St. Paul, <br />Minnesota. Bond printing and <br />legal opinion will be paid by the <br />issuer and delivery will be any- <br />.- where in the continental United <br />States without cost to the pur- <br />chaser. <br />TYPE OF BID: _ Sealed bids only in an amount not <br />less than $98,100 and accrued inter- <br />est must be received by the Village <br />Clerk prior to the time of the sale. <br />Bids must be unconditional except <br />as to legality. Certified or cash- <br />ier's check payable to the Village <br />.Clerk-Administrator in the amount <br />of not less than $2,000 must accom- <br />pany bid to be forfeited as liquid- <br />ated damages if bidder fails to com- <br />ply with accepted bid. <br />RATES: All rates and combination of rates <br />must be in integral multiples of <br />1/20 of 1~ and may not exceed 7~ <br />per annum. All bonds of the same <br />maturity date must bear a single <br />basic rate from date of issue to <br />maturity. Additional interest <br />coupons will not be permitted. No <br />limitation is placed upon the num- <br />ber of rates which may be used. <br />PREFERENCE OF BIDS:. .Lowest dollar amount of net 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 date of issue to <br />their stated maturity. The Village <br />reserves the right to reject any <br />and all bids, to waive informalities <br />and to adjourn the sale. <br />ADDRESS: Bids should be addressed to: <br />Dewan B. Barnes - Village Clerk- <br />Administrator - Village of Falcon <br />Heights - 1644 41est Larpenteur <br />Avenue - St. Paul, Minnesota 55113. <br />Bidders are requested to indicate <br />on envelope "Bid for $100,000 <br />-4- <br />