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RESOLUTION NO. 68-045A <br /> RESOLUTION DIRECTING THE ISSUANCE OF $960,000 <br /> IMPROVEMENT BONDS, CREATING .ACCOUNTS THEREFORE <br /> AND PROVIDING FOR AND APPROPRIATING SPECIAL <br /> ASSESSMENTS AND AD VALOREM TAXES FOR THE PAY- <br /> MENT THEREOF <br /> RE IT RESOLVED by the Village Council of the Village of St. Anthony, <br /> Minnesota, as follows: <br /> 1 . The proposal of Piper, Jaffray & Hopwood, of Minneapolis, Minnesota, <br /> and associates, to purchase $960,000 Improvement Bonds of 1968 of the Village at a <br /> price of $950,035.20 and accrued interest and subject to the terms and conditions <br /> hereinafter set forth has heretofore been duly accepted by this body as the lowest <br /> and best bid for this issue. <br /> 2. Said bonds shall be donominated Improvement Bonds of 1968, and shall <br /> be dated October 1 , 1968. Said bonds shall be '192 in number and numbered from 1 <br /> • through 192, inclusive, in denomination of $5,000 each. Bonds maturing in the <br /> years set forth below shall bear interest from date of issue until paid or duly <br /> called for redemption at the rate per annum set opposite said maturity years res- <br /> pectively, as follows: <br /> Maturity Years Rate <br /> 1971 through 1978 4.30% <br /> 1979 through 1982 4.60% <br /> 1903 and 1984 4.70% <br /> 1985 and 1986 4.80°5 <br /> 1987 through 1990 4.90% <br />