Laserfiche WebLink
<br />\ <br />" <br />I r <br />, J <br /> Resolution No. 557 <br /> Extract of Minutes of Meeting of the <br /> Village Council of the Village of New Brighton, <br /> Ramsey County, Minnesota <br /> Pursuant to due call and notice thereof, a regular <br />meeting of the Village Council of the Village of New Brighton, <br />Minnesota, was duly held at the Village Hall in the Village on <br />Tuesday , the 14th day of l'iay , 1968 at 8.00 a! clock <br />. M. , C.D.S.T. <br /> The following members were present: <br />Anderson, Jeffers, Moen, Nesser ~nd Romanski <br />and the following wer~ absent: none <br /> * * * * * "- * * * <br /> Councllman Hoen introduced the following <br />resolution and moved its adoption: <br /> RESOLUTION FIXING TERMS, FORM AND COVENANTS FOR <br /> $800,000 SEWAGE FACILITY BONDS, PLEDGING REVENUES <br /> FOR THEIR PAYMENT, AND AUTHORIZING ACTION NECESSARY <br /> TO THEIR EXECUTION AND DELIVERY <br /> BE IT RESOLVED by the Village Council of the Village of <br />New Brighton, Minnesota, as follows: <br /> 10 All action heretofore taken in connection with the <br />issuance and sale of $800,000 Sewage Facility Bonds of the Village <br />is hereby ratified and confirmed, including the award of the sale <br />thereof to American National Bnnk and Trust Co. St. Paul, l1innesota <br />on its bid to purchase the bonds bearing interest as follows: <br />5.00% on bonds due in yem~ 1970 to 1979 inclusive <br />5.20% on bonds due in years 1930 to 1988 Lnclusive <br />plus extra cou~ons at rate of .80% from 10/11/68 to 6/1/70 payable as follows: <br />12/1/68 :')5.55 each, 6/1/69 (;20.00 8~,-ch, 12j1/69 ')20.00 each and 6/1/70 '~20.00 each <br />at a price of par, accrued interest and a premlum of $ none 0 <br />