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NOTICE OF <br />BOND SALE <br />$122,000 <br />STREET IMPROVEMENTS <br />BONDS OF 1970 <br />OF THE VILLAGE OF LAKE ELMO <br />WASHINGTON COUNTY, MINNESOTA <br />NOTICE IS HEREBY GIVEN that these bonds will be offered for <br />sale according to the following terms: <br />TIME AND PLACE: Village Hall, Lake Elmo, <br />Minnesota, at 7:30 o'clock P.M., <br />C.D.S.T. on August 26, 1970. <br />TYPE OF BONDS: Negotiable coupon general obligation <br />bonds, $1,000 or $5,000 denominations <br />at the option of the bidder, except <br />for bonds nos. 1 and 2, which shall <br />be in the denomination of $1,000 each. <br />DATE OF BONDS: September 1, 1970. <br />PURPOSE: Street Improvements <br />INTEREST PAYMENTS: September 1, 1971, and March. 1, 1972 <br />and semiannually thereafter. <br />MATURITIES: <br />September 1 in each of the years and <br />amounts as follows: <br />1972 $125000 <br />1973-74 103000 <br />1975-80 15,000 <br />REDEMPTION: <br />All bonds shall be without option of <br />prior payment. <br />PAYING AGENT: <br />Bidder's discretion. <br />DELIVERY: <br />40 days after award subject to <br />approving Legal. opinion of Messrs. <br />Briggs and Morgan of St. Paul, <br />Minnesota. Bond printing and legal <br />opinion will be paid by issuer and <br />delivery will be anywhere in the <br />continental United States without <br />