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F, I <br /> • The Clerk presented affidavits showing publication in <br /> the official newspaper and in the Commercial West of notice of <br /> sale of $30, 000 Certificates of Indebtedness of the City, bids <br /> for which were to be considered at this meeting as provided by <br /> the resolution adopted April 22 , 1975 . The affidavits were <br /> examined and approved and ordered placed on file. The Clerk <br /> reported that sealed bi-,:s for the purchase of the certificates <br /> had been received from the following institutions at or before <br /> the time stated in the notice , and the bids were then public.y <br /> read and considered and found to conform to the notice of sale <br /> and to be accompanied by the required security, and the purchase <br /> price, coupon rates and net interest cost under the terms of <br /> • each bid were found to be as follows : <br /> Net Interest <br /> Bidder Rate Price Cost and :ate <br /> Fidelity Bank & 4 . 20-1976 $30 , 012 . 50 $3 ,327 . 50 <br /> Trust Company 4 . 40-1977 4 . 4367% <br /> Minneapolis , Minn. 4 . 60-1978 <br /> Central Northwestern 5. 50-1976-78 $4 ,115 . 00 <br /> National Bank of 5 . 4367% <br /> Minneapolis <br /> State Bank of Saint 6 . 50-1976 $5 ,112 . 50 <br /> Anthony Village 6 . 75-1977 6. 81670 <br /> 7 . 00-1978 <br /> • <br />