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RES 87-018 RESOLUTION AUTHORIZING ISSUANCE AND SALE OF $690,000 LIQUOR STORE REVENUE BONDS, SERIES 1987
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RES 87-018 RESOLUTION AUTHORIZING ISSUANCE AND SALE OF $690,000 LIQUOR STORE REVENUE BONDS, SERIES 1987
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RES 1987
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RES 87-018 RESOLUTION AUTHORIZING ISSUANCE AND SALE OF $690,000 LIQUOR STORE REVENUE BONDS, SERIES 1987
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• NOTICE OF SALE <br /> CITY OF ST. ANTHONY , MINNESOTA <br /> $690 ,000, LIQUOR STORE REVENUE BONDS, SERIES 1987 <br /> Sealed bids for the purchase of these Bonds will be received by <br /> the City Manager or his designee until 11 :00 A.M. , Central <br /> Time, on Tuesday, May 26, 1987, at the offices of Springsted <br /> Incorporated, 85 East Seventh Place, St. Paul, Minnesota. The <br /> Bonds will be dated July 1 , 1987, will bear interest payable <br /> semiannually commencing on January 1, 1988, and will mature on <br /> January 1 , in the following years and amounts: <br /> Year Amount Year Amount <br /> 1989 $45 , 000 1994 $70, 000 <br /> 1990 $50, 000 1995 $75, 000 <br /> 1991 $55, 000 1996 $85, 000 <br /> 1992 $60, 000 1997 $9010.00- <br /> 1993 $65, 000 1998 $95, 000 <br /> Bidders must specify a price of not less than $676,890 plus <br /> accrued interest, and interest rates for each maturity and a <br /> net average interest rate for the issue not exceeding the <br /> maximum permitted by law. A legal opinion will be furnished by <br /> Dorsey & Whitney, of Minneapolis and St. Paul, Minnesota.. The <br /> proceeds will be used to construct, remodel and equip liquor <br /> store facilities. <br /> Dated: April 29, 1987 . <br /> BY ORDER OF THE CITY COUNCIL <br /> Carol Lou Johnson, <br /> City Clerk <br /> Further information may be obtained from the Issuer 's Financial <br /> Advisor, SPRINGSTED INCORPORATED , 85 East Seventh Place, Suite <br /> 100 , St. Paul, Minnesota, 55101 , 612/223-3000 . <br /> • <br />
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