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NOTICE OF SALE <br /> City of Saint Anthony <br /> Hennepin and Ramsey Counties, Minnesota <br /> $545, 000 General Obligation Tax Increment Bonds, Series 1985A <br /> Sealed bids for the purchase of these Bonds will be opened by <br /> the- City Council at the City Hall in Saint Anthony, Minnesota, <br /> at 4 : 30 P.M. , Central Time, on Tuesday, May 7 , 1985 . The <br /> Bonds will be originally dated June 1, 1985, and be in <br /> denominations of $5, 000 each or any integral multiple and in <br /> registered form. The Bonds will bear interest payable <br /> semiannually on February 1 and August 1 of each year, <br /> commencing February 1, 1986, and will mature on February 1 in <br /> the following years and amounts : <br /> Year Amount <br /> 1986 $ 40, 000 <br /> 1987 40, 000 <br /> 1988 40, 000 <br /> 1989 125, 000 <br /> 1990 15, 000 <br /> 1991 15, 000 <br /> 1992 15, 000 <br /> 1993 20, 000 <br /> 1994 20, 000 <br /> 1995 25, 000 <br /> 1996 25, 000 <br /> 1997 30, 000 <br /> 1998 30, 000 <br /> 1999 30, 000 <br /> 2000 35, 000- <br /> 2001 <br /> 5, 0002001 40, 000 <br /> Bonds maturing on or after February 1, 1995, will be subject <br /> to redemption and prepayment, at the option of the City and in <br /> whole or in part, on February 1, 1994, and on any interest <br /> payment date thereafter, at a price equal to the principal <br /> amount thereof plus accrued interest. - Bidders must specify a <br /> price of not less than $534 , 580 plus accrued interest and <br /> interest rates not exceeding' the maximum lawful rate pre- <br /> scribed by law. A legal opinion will be furnished by Dorsey & <br /> Whitney, Minneapolis and St . Paul, Minnesota. The proceeds <br /> will be used to finance public costs within certain tax <br /> increment districts in the City. . <br /> • <br />