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14 <br /> It was reported that three(3)proposals had been received prior to 11:00 A.M., <br /> Central Time today for the purchase of the $1,790,000 General Obligation Improvement Bonds, <br /> Series 2004A of the City in accordance with the Official Statement distributed by the City to <br /> potential purchasers of the Bonds. The proposals have been read and tabulated, and the terms of <br /> each have been determined to be as follows: <br /> Bidder Purchase Price Interest Rates Net Interest Cost <br /> (See Attached) <br /> • <br />