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0 <br />NOTICE OF <br />BOND SALE <br />$739,000 <br />GENERAL OBLIGATION REFUNDING <br />BONDS OF 1975 <br />CITY OF LAKE ELMO <br />WASHINGTON COUNTY <br />MINNESOTA <br />NOTICE IS HEREBY GIVEN that these bonds will be offered for <br />sale according to the following terms: <br />TIME AND PLACE <br />TYPE OF BONDS: <br />DATE OF BONDS: <br />PURPOSE: <br />INTEREST PAYMENTS: <br />MATURITIES <br />Sealed bids will be received on <br />Tuesday,June 17, 1975 until <br />4:00 o'clock P.M. at the City <br />Hall in Lake Elmo, Minnesota, <br />.at which time they will be <br />publicly opened and recorded. <br />The Council will award the <br />bonds at 5:00 o'clock P.M. the <br />same day. <br />Negotiable coupon general obligation <br />bonds, $5,000 denomination, except <br />that bonds numbered 1 to 4 shall <br />be in the denomination of $1,000 <br />each. <br />June 1., 1975 <br />Refunding the outstanding General <br />Obligation Park Bonds of 1974, <br />dated December 1, 1974 of the City. <br />March 1, 1976, and semiannually <br />thereafter on September l and <br />March 1. At least five clays prior <br />to the date of sale the City will <br />establish the rate or rates of <br />interest to be borne by the Bonds. <br />March 1 and September 1 in each <br />of the years and amounts as follows: <br />EXHIBIT "A" TO R-75-16 <br />