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16 <br />It was reported that U proposals had been received prior to 10:00 A.M., <br />Central Time today for the purchase of the $2,070,000 General Obligation Improvement Bonds , <br />Series 20 14A 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)