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<br /> <br />Extract of Minutes of Meeting <br />of the City Council of the <br />City of Lino Lakes, Minnesota <br /> <br /> <br /> Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Lino Lakes, <br />Minnesota, was duly held in the City Hall in said City on Tuesday, November 13, 2018, commencing at <br />6:30 p.m. <br /> The following members were present: <br /> <br />and the following were absent: <br /> <br />* * * * * * * * * <br /> <br /> The Mayor announced that the next order of business was consideration of the proposals that had been <br />received for the purchase of the City’s General Obligation Bonds, Series 2018A, to be issued in the original <br />aggregate principal amount of $7,169,000. <br /> The City Administrator presented a tabulation of the proposals that had been received in the manner <br />specified in the Official Terms of Proposal for the Bonds. The proposals were as set forth in EXHIBIT A <br />attached hereto. <br /> After due consideration of the proposals, Member ____________________ then introduced the <br />following written resolution, the reading of which was dispensed with by unanimous consent, and moved its <br />adoption: <br />