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~, . <br />h ' ~ r <br />After bids were considered and discussed, member <br />Ma.YOr Warkentien introduced .the following resolution and. <br />moved its. adoption: <br />RESOLUTIGN 72-17 <br />RESOLUTION ACCEPTING BID ON SALE OF <br />$100,000 MUNICIPAL BUILDING REVENUE <br />BONDS OF 1972 AND FIXING INTEREST RATE <br />BE IT RESOLVED by the Village Council of the <br />Village of Falcon Heights, Minnesota, as follows: <br />1. That the bid of $ ~21~,is~n~~~a Williams Company & Assocs. <br />to purchase $10.0..,0.00 Municipal Building Revenue-.Bonds of <br />1972 of the Village, dated August 1, 1972, at the price <br />of $ 98,100.00 and in the denomination of $1,000 each, <br />is hereby ound, determined and declared to be the most <br />favorable bid received and is hereby accepted, and said <br />bonds are hereby awarded to said bidder. <br />2. The bonds maturing and bearing the. serial <br />numbers set forth below shall bear interest payable <br />August 1, 1973 and semiannually thereafter on February <br />1 and August 1 of each year at the respective rates per <br />annum set opposite said maturity years and serial numbers: <br />Maturity Serial Numbers Interest Rate. <br />3. Said bonds shall be payable as to principal <br />and interest at N.` Z~~t.__National Bank of Minneapolis <br />The motion for the adoption of the foregoing <br />resolution was duly seconded by member Councilman Black <br />and upon a vote being taken thereon, the following voted <br />in favor thereof : Mayor Warkentien, Councilmen Black, Stone. <br />and the following voted against the same : Councilman Ecklund <br />Whereupon said resolution was declared d ul passed <br />and adopted. f) <br />~,. <br />Attest: Willis C. A. Trlarkentien, Mayor <br />/, -2- <br />Dewan B. Barnes, C1er -Adminis ra or <br />