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<br /> '\I, . <br /> , , <br /> I. , 1 <br /> - -... <br /> ", t <br /> ~- <br /> RESOLUTION NO. 2211 <br /> extract of MlllllU;S of ~1eetlnq at tile <br /> City council of the City of New Briqhton <br /> Ramsey County, Minnesota <br /> pursuant to due call and notice thereof, a meeting of <br /> the city Council of the city of New Brighton, Minnesota, was duly <br /> held at the city Hall in the City, on Tuesday, June 12, 1979, at <br /> 7:30 o'clock P.M. <br /> The following members were present: Counci1members <br /> Benke, Blomquist, Janecek, and Werdouscnegg <br /> and the following were absent: Mayor James Senden <br /> * * * * * * * * * <br /> Acting Mayor Roger Blomquist presided <br /> The Mayor announced that the meeting was convened for <br /> the purpose of considering sealed bids received prior to 2:00 <br /> o'clock P.M. for the purchase of $685,000 Temporary Improvement <br /> Bonds of 1979 as advertised for sale. The City Clerk presented <br /> affidavits showing publication of the notice of sale in the offi~ <br /> cial newspaper and in Commercial West, which affidavits were <br /> examined and found satisfactory and ordered placed on file. <br /> * * * * * * * * ~ <br /> . <br /> The City Clerk then presented the bids received for the <br /> bonds pursuant to the notice of sale and a tabulation thereof. <br /> These were examined and found to be as follows: <br /> Name of Bidder Interest Rates Purchase Price <br /> The First National Bank <br /> of St. Paul 5.10% $675,005.85 <br /> Bancnorthwest 5.40% $680,890.00 <br /> Dain, Kalman & Quail, Inc. 5.40% $679,177.50 <br /> First National Bank of <br /> Minneapolis 5.50% $677,465.00 <br />