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1984.11.08 RESO 1984-0018
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1984.11.08 RESO 1984-0018
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10/26/2017 2:03:28 PM
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City Council
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Resolutions
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EXHIBIT A <br />OFFICIAL TERMS OF OFFERING <br />$295,000 <br />GENERAL OBLIGATION IMPROVEMENT BONDS OF 1984, SERIES A <br />CITY OF HUGO <br />WASHINGTON COUNTY <br />MIIMI SOTA <br />NOTICE IS HEREBY GIVEN that these bonds will be offered for <br />sale according to the following terms: <br />TIME AND PLACE: Sealed bids for these bonds will be <br />opened and recorded on Monday, <br />November 5, 1984, at 5:00 o'clock <br />P.M., local time, at the office of <br />the City Clerk -Treasurer in the <br />City Hall in the City of Hugo; <br />Minnesota. <br />TYPE OF BONDS: Fully registered general obligation <br />improvement bonds, $5,000 denomina- <br />tions or any integral multiple <br />thereof of a single maturity. <br />DATE OF ORIGINAL December 1, 1984. <br />ISSUE OF BONDS: <br />PURPOSE: To construct various improvements <br />in the City. <br />INTEREST PAYMENTS: June 1, 1985, and semi-annually <br />thereafter on June 1 and December 1 <br />in each year. <br />MATURITIES: June 1 in each of the years and <br />amounts as follows: <br />Years Amounts <br />1987 <br />$15,000 <br />1988 <br />20,000 <br />1989-1993 <br />25,000 <br />1994 <br />35,000 <br />1995-1996 <br />50,000 <br />All dates are inclusive. <br />
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