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V) <br />It was reported that _ U proposals had been received prior to 1.1:00 A.M., <br />Central'fime today for the purchase o,fthe $1,695,000 General Obligation Improvement Bonds, <br />Series 2005A 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 />