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Extract of Minutes of Meeting <br />of the City Council of the City of <br />Lino Lakes, Anoka County, Minnesota <br />Pursuant to due call and notice thereof, a regular meeting of the City Council <br />of the City of Lino Lakes, Minnesota, was duly held in the City Hall in said City on <br />March 23, 1992, commencing at 6:30 P.M. <br />The following members were present: Linda Elliott, Sally Ruether, <br />Wesley Neal <br />and the following were absent: mayor Vernon Reinert <br />* * * <br />The Mayor announced that the next order of business was consideration of the <br />proposals which had been received for the purchase of the City's $3,640,000 General <br />Obligation Improvement Refunding Bonds, Series 1992A. <br />The City Administrator presented a tabulation of the proposals which had been <br />received in the manner specified in the Terms of Proposal of the Bonds. The <br />proposals were as follows: <br />8NG31693 <br />LN140-23 <br />