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RATES: All rates and combination of rates <br />must be in integral multiples of <br />1/20th of 1% and may not exceed 7% <br />per annum. Additional interest <br />coupons may not be used. No limi- <br />tation is placed upon the number <br />of rates which may be used. <br />AWARD: Award will be made solely on the <br />basis of lowest dollar interest <br />cost, determined by addition of <br />any discount to and deduction of <br />any premium from the total interest <br />on all bonds from their date to <br />their stated maturity. The net <br />effective average rate of the <br />issue may not exceed 7% per annum. <br />The issuer reserves the right to reject any and all bids, to <br />waive informalities and to adjourn the sale. <br />BY ORDER OF THE VILLAGE COUNCIL <br />/s/ Donald Mehsiko_me_r_ _ <br />Village Clerk <br />Additional information <br />may be obtained from: <br />Juran & Moody, Inc. <br />114 East Seventh Street <br />St. Paul, Minnesota 55101 <br />Tel. No. 612-224-9661 <br />4. Each and all of the terms and provisions of <br />the foregoing form of notice are hereby adopted as the terms <br />and conditions of said bonds and of the sale thereof. <br />Adopted this /,c day of <br />Attest: <br />(Donald Mdhs4omer, Clerk <br />April, 1972. <br />(Calvin J. Prookman, Mayor) <br />