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It was reported that four (4) proposals had been received prior to 10:00 A.M., Central <br />Time today for the purchase of the $2,070,000 General Obligation Improvement Bonds, Series <br />2014A of the City in accordance with the Official Statement distributed by the City to potential <br />purchasers of the Bonds. The proposals have been read and tabulated, and the terms of each <br />have been determined to be as follows: <br />Bidder Purchase Price Interest Rates Net Interest Cost <br />(See Attached) <br />