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NOTICE OF <br />BOND SALE <br />$1,335,000 <br />GENERAL OBLIGATION IMPROVEMENT <br />BONDS OF 1975 <br />CITY OF LITTLE CANADA <br />RAMSEY COUNTY <br />MINNESOTA <br />NOTICE IS HEREBY GIVEN that these bonds will be offered for <br />sale according to the following terms: <br />TIME AND PLACE: <br />TYPE OF BONDS: <br />Wednesday, September 24, 1975, <br />at 7:30 o'clock P.M., at the City <br />Center, 515 Little Canada Road, <br />in Little Canada, Minnesota. <br />Negotiable coupon general obligation <br />bonds, $1,000 or $5,000 denomina- <br />tions at the option of the bidder. <br />DATE OF BONDS: October 1, 1975. <br />PURPOSE: To defray the expense of refinancing <br />the $1,310,000 General Obligation <br />Temporary Improvement Bonds of 1972, <br />dated November 1, 1972, of the City. <br />INTEREST PAYMENTS: October 1, 1976, and semiannually <br />thereafter on April 1 and October 1. <br />MATURITIES: October 1 in each of the years <br />and amounts as follows: <br />REDEPTION: <br />1976 -1978 - $85,000 <br />1979 -1990 - $90,000 <br />All dates are inclusive. <br />At the option of the issuer, bonds <br />maturing on or after October 1, 1986 <br />shall be subject to prior payment, <br />in inverse order of serial numbers, <br />on October 1, 1985 and any interest <br />payment date thereafter, at a price <br />of par and accrued interest plus a <br />premium of 1/2 of 1% of par. <br />13 <br />