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RESOLUTION NO 2002-024 <br />Extract of Minutes of Meeting <br />of the City Council of the City of <br />Lake Elmo, Washington County, Minnesota <br />Pursuant to due call and notice thereof, a regular meeting of the City Council of the City <br />of Lake Elmo, Minnesota, was duly held in the City Hall in said City on Tuesday, April 16, 2002, <br />commencing at 7:00 o'clock P.M. <br />The following members were present: Mayor Hunt, and Council members Armstrong, <br />DeLapp, Siedow, and Dunn <br />and the following were absent: None <br />The Mayor announced that the next order of business was consideration of a proposal for <br />the purchase of $340,000 General Obligation Improvement Bonds, Series 2002A of the City. <br />The City Administrator presented an offer of Juran & Moody, a division of Miller <br />Johnson Steicben Kinnard Investment Securities, Inc. to purchase the Bonds that had been <br />submitted to the City pursuant to Council direction. <br />After due consideration of the proposal, Member DeIW then introduced the following <br />resolution, and moved its adoption: <br />DJG- 212553vi <br />LA515 -2 <br />