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• Councilmember Ranallo introduced the <br /> following resolution and moved its adoption: <br /> RESOLUTION NO. 86-034 <br /> RESOLUTION AUTHORIZING ISSUANCE AND SALE <br /> OF $1 ,210,000 LIQUOR STORE REVENUE BONDS, <br /> SERIES 1986 <br /> BE IT RESOLVED by the City Council of the City of St. <br /> Anthony, Minnesota, as follows: <br /> 1 . Bond Authorization. For the purpose of financing <br /> the construction, remodeling and equipping of liquor store <br /> facilities, this Council determines that it is necessary to <br /> sell and issue liquor store revenue bonds of the City in the <br /> amount of $1 ,210,000 . <br /> 2 . Sale Terms. Springsted Incorporated, bond <br /> consultants to the City, has presented to this Council a form <br /> of Official Terms of Offering of the sale of the bonds, and a <br /> form of Notice of Sale for publication, which forms are <br /> attached hereto and shall be placed on file in the office of <br /> the City Clerk. Each and all of the provisions of the Official <br /> • Terms of Offering are hereby adopted as the terms and <br /> conditions of said bonds and of the sale thereof, and shall be <br /> made available to all prospective purchasers of the bonds. The <br /> City Clerk is authorized and directed to cause the Notice of <br /> Sale to be published once in the official newspaper of the <br /> City, and once in the Commercial West, a financial periodical <br /> published in Minneapolis, at least ten days before the date of <br /> sale. <br /> 3 . Sale Meeting. This Council shall meet on Monday, <br /> November 10 , 1986 ,' at 7 :00 P .M. , to consider the bids received <br /> for the purchase of the bonds , and to take such actions thereon <br /> as is deemed in the best interests f the City. <br /> Mayor <br /> Attest: 04-4� W6. <br /> City Cle <br /> l' �;�- I n., <br /> 'Reve�red for administration: I <br /> • i- City Manager <br />