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e . VILLAGE OF ST. Al THONY COUNCIL MEETING September 10, 1963 The regular meeting of the Village Council was called to order by the Mayor at 7:00 p.m. Present: O 'Connor, Dougherty, Crouse. Absent : Emond, Springer. Also Present: John Printon, Village Manager. The Mayor called for the opening of bids as advertised for the sale of $960,000 Improvement Bonds. The bids as opened by Mr. Osman Springsted are as follows : Juran and Moody, $499,704.50 - Net Rate 4.33741%. Northwestern National Bank, Minneapolis, $500,370.00 - Net Rate 4.84385%. 1st National Dank, St. Paul , $497,515.00 - Net Rate 4.31621%. Piper, Jaffray v Hopwood, $490,482.30 - Net Rate 4.74481%. Mr. Springsted confirmed the net interest rate of Piper, Jaffray & Hopwood at 4.74481% and recommended its acceptance. After discussion, Councilman Crouse in- troduced the following Resolution and moved its adoption: RESOLUTION N0. 68-045A RESOLUTION DIRECTING THE ISSUANCE OF $960,000 IMPROVEMENT BONDS, CREATING ACCOUNTS THEREFORE AND PROVIDING FOR AMD APPROPRIATING SPECIAL ASSESSMENTS AND AD VALOREM TAXES FOR THE PAYMENT THEREOF Voting on the motion. Aye: O'Connor, Dougherty, Crouse. Nay: None. Absent not voting: Emond, Springer. Motion carried. Councilman Emond and Councilman Springer joined the meeting at 7:15 p.m. The preliminary 1969 Police Department Budget was reviewed with Chief Brown. Mr. Haik, Village Attorney, joined the meeting at 8:00 p.m. Councilman Dougherty moved and seconded by Councilman Emond that the minutes of the meeting of August 27, 1968 be approved as submitted. Motion carried. Mr. Ken Solie presented the Park Board Minutes of September 3, 1968. The Village Manager was authorized to proceed with the construction of the second hockey rink. Councilman Dougherty introduced Resolution No. 68-046 and moved its adoption.