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r <br /> 1 REGULAR COUNCIL MEETING <br /> 2 JULY 13 , 1993 <br /> 3 PAGE 2 <br /> 4 <br /> 5 <br /> 6 NEW BUSINESS <br /> 7 <br /> 8 A. Resolution No. 93-039, Re : Sale of General Obligation <br /> 9 Improvement Bonds for 1993 Street Improvements <br /> 10 <br /> 11 Robert Thistle, representing Springsted Financial Advisors, <br /> 12 distributed copies of the bid received from the John G. <br /> 13 Kinnard Company. Four bids were received and this firm <br /> 14 submitted the lowest . <br /> 15 <br /> 16 Mr. Thistle stated this bid was substantially below the bid <br /> 17 specs from last month. He also noted that the Al bond rating <br /> 18 of the city was reaffirmed. <br /> 19 <br /> 20 Motion by Marks, second by Wagner to accept the bid received <br /> 21 from John G. Kinnard & Company Incorporated and to adopt <br /> 22 Resolution No. 93-039 being a resolution relating to $470, 000 <br /> 23 General Obligation Improvement Bonds, Series 1993A; awarding <br /> 24 the sale, fixing the form and details and providing for the <br /> 25 execution and delivery thereof and security therefor and <br /> 26 levying ad valorem taxes for the payment thereof . <br /> 07 <br /> - Motion carried unanimously <br /> 29 <br /> 30 <br /> 31 5 . LICENSE/PERMITS/PETITIONS <br /> 32 <br /> 33 Motion by Marks, second by Wagner to approve the following <br /> 34 license applications : <br /> 35 <br /> 36 Contractors' Licenses <br /> 37 <br /> 38 DMJ Corporation, Hamel, Mn. <br /> 39 Signart, Mendota Heights, Mn. <br /> 40 <br /> 41 Heating License <br /> 42 <br /> 43 St . Marie Sheet Metal, Inc . , Spring Lake Park, Mn. <br /> 44 <br /> 45 Garbacre Hauler License <br /> 46 <br /> 47 Walter' s Garbage, Inc . , Blaine, Mn. <br /> 48 <br /> 49 Motion carried unanimously <br /> 50 <br /> 0 <br />