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It was reported that (_j proposals had been received prior to 10:00 A.M., <br />Central Time today for the purchase of the $3,000,000 General Obligation Improvement Bonds, <br />Series 2011A 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 />Name of Bidder <br />Bid for Interest <br />Principal Rates <br />(See Attached) <br />(See Attached) <br />Total Interest <br />Cost -Net Average <br />Rate <br />16 <br />