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EXHIBIT A <br />NOTICE OF BOND SALE <br />$1,850,000 <br />CITY OF LINO LAKES <br />ANOKA COUNTY <br />MINNESOTA <br />GENERAL OBLIGATION TEMPORARY IMPROVEMENT <br />BONDS, SERIES 1985 <br />Sealed bids for these bonds will be opened by the City Council <br />at 7:00 P.M., Central Time on Tuesday, October 15, 1985, at the <br />City Hall, in Lino Lakes, Minnesota. Consideration of the bids <br />for award of the Bonds will immediately follow the opening of <br />bids. The bonds will have a date of original issue of November <br />1, 1985 and interest will be payable May 1, 1986 and <br />semiannually thereafter. The bonds will be general obligations <br />of the Issuer for which its unlimited taxing powers will be <br />pledged. The bonds-will mature on November 1, 1988. <br />All bonds are subject to prior payment on November 1, 1987 or <br />May 1, 1988 at a price of par and accrued interest. Sealed <br />bids for not less than $1,826,875 and accrued interest on the <br />principal sum of $1,850,000 will be accepted. Neither the <br />rate of interest nor the net effective average rate of the <br />issue may exceed the maximum rate allowed by law at the time <br />of sale. An acceptable approving legal opinion will be <br />furnished by Briggs and Morgan, Professional Association, of <br />St. Paul and Minneapolis, Minnesota. The proceeds will be <br />used to finance costs of various improvements within the City. <br />Bidders should be aware that the Official Terms of Offering to <br />be published in the Official Statement for the Offering may <br />contain additional bidding terms and information relative to <br />the Issue. In the event of a variance between statements in <br />this Notice of Bond Sale and said Official Terms of Offering <br />the provisions of the latter shall be those to be complied <br />with. -. <br />Dated: September 9, 1985 BY ORDER OF THE CITY COUNCIL <br />/sJ Randall Schumacher <br />City Clerk <br />