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~• <br />~~ <br />513V <br />EXTRACT OF MINUTES OF A MEETING OF THE <br />CITY COUNCIL OF THE CITY OF <br />FALCON HEIGHTS, MINNESOTA <br />HELD: JUNE 10, 1985 <br />Pursuant to due call and notice thereof, a special meeting <br />of the City Council of the City of Falcon Heiylits, Ra-nsey <br />County, Minnesota, was duly called and held at the City Hall in <br />said City on the 10th day of June, 1985, at 6:00 P.M. for the <br />purpose of opening, considering bids for and awarding the sale <br />of $1,300,000 General Obliyation Tax Increment Bonds of 1985 of <br />the City. <br />The following ,nembers were present: Mayor Eggert, Ciernia, <br />Hard, Baldwin, Chenowet~h <br />:~ <br />and the following were absent: -None <br />The Clerk-Treasurer presented affidavits showing <br />Nublication of notice of call for bids on $1,300,000 General <br />Obligation Tax Increment Bonds of 1985 of the City, for which <br />bids were to be received at this ,neeting, in accordance with <br />the resolution adopted by the City Council on April 24, 1985. <br />The affidavits were examined, found to comply with the <br />provisions of Minnesota Statutes, Chapter 475, and were <br />approved and ordered placed on file. <br />The Council proceeded to receive and open bids for <br />the sale of the Bonds. The following bids were received: <br />Bidder Interest Rate Net Interest Cost <br />(See following page.) <br />• <br />