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09-10-1975 Council Agenda
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09-10-1975 Council Agenda
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PAYING AGENT: Bidder's discretion. <br />CUSIP NUMBERS: <br />DELIVERY: <br />TYPE OF BID: <br />The bonds will be printed without <br />CUSIP numbers unless requested by <br />the purchaser who must agree in the <br />Offer for the Bonds to pay all <br />costs and expenses thereof including <br />printing and CUSIP Service Bureau <br />charges. Any failure to print such <br />numbers or errors in printing shall <br />not be cause for failure or refusal <br />of the purchaser to accept delivery <br />of and payment for the bonds in <br />accordance with the purchase con- <br />tract. The purchaser shall waive <br />any extension in delivery time due <br />to use of the numbers and shall <br />accept all responsibility in connec- <br />tion with use of CUSIP numbers. <br />Forty days after award subject to <br />approving legal opinion of Messrs. <br />Briggs and Morgan, Professional <br />association, of St. Paul, Minnesota. <br />Bond printing and legal opinion <br />will be paid by 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 />Sealed bids of not less than <br />$1,310,000 and accrued interest <br />on the principal sum of $1,335,000 <br />from date of bonds to date of <br />delivery must be filed with the <br />undersigned prior to the time of <br />sale. Bids must be unconditional <br />except as to legality. A certified <br />or cashier's check in the amount of <br />$26,700, payable to the order <br />of the 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 />Mr. Joseph G. Chlebeck <br />City Clerk <br />515 Little Canada Road <br />Little Canada, Minnesota 55117 <br />14 <br />
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