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CC RES 09-087 RESOLUTION RELATING TO $1,645,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2009B; AWARDING THE SALE, FIXING THE FORM AND DETAILS AND PROVIDING FOR THE EXECUTION AND DELIVERY THEREOF AND SECURITY THEREFOR AND LEVYING AD VALOREM TAXES FOR TH
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CC RES 09-087 RESOLUTION RELATING TO $1,645,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2009B; AWARDING THE SALE, FIXING THE FORM AND DETAILS AND PROVIDING FOR THE EXECUTION AND DELIVERY THEREOF AND SECURITY THEREFOR AND LEVYING AD VALOREM TAXES FOR TH
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RES 2009
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CC RES 09-087 RESOLUTION RELATING TO $1,645,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2009B; AWARDING THE SALE, FIXING THE FORM AND DETAILS AND PROVIDING FOR THE EXECUTION AND DELIVERY THEREOF AND SECURITY THEREFOR AND LEVYING AD VALOREM TAXES FOR TH
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Section 9. Redemption of Refunded Bonds. All of the Refunded Bonds shall be <br /> called for redemption on the Redemption Date, and the City Administrator is hereby authorized <br /> and directed to take all actions necessary to redeem the Refunded Bonds on the Redemption <br /> Date. <br /> Section 10. Authorization of Payment of Certain Costs of Issuance of the Bonds. The <br /> City authorizes the Purchaser to forward the amount of Bond proceeds allocable to the payment <br /> of issuance expenses to Resource Bank& Trust Company, Minneapolis, Minnesota, on the <br /> closing date for further distribution as directed by the City's financial advisor, Ehlers & <br /> Associates, Inc. <br /> Mayor <br /> Attest: <br /> City Clerk <br /> • <br /> • <br /> -20- <br />
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