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<br />. Ie ... , ., <br /> .. <br />\ <br /> Resolution No. 558 <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 re:;ulor <br /> meeting of the Village Council of the Village of New Brighton, <br /> Minnesota, was duly held at the Village Hall in said Village on <br /> Tuesday , the lL} th day of May , 1968 at 8:00 o'clock <br /> M. , C.S.T. <br /> The following members were present: <br /> Ancerson, Jeffers, Hoen, Nesser, ~md Rom2.nski <br /> and the following were absent: none <br /> * * * * * * * * * <br /> Councilman Jeffers introduced the following written <br /> resolution and moved its adoption: <br /> RESOLUTION FIXING THE FORM AND SPECIFICATIONS OF <br /> $950,000 IMPROVEMENT BONDS OF 1968, PROVIDING FOR <br /> THEIR EXECUTION AND DELIVERY AND CREATING FUNDS <br /> FOR THEIR PAYMENT <br /> BE IT RESOLVED by the Village Council of the Village of <br /> New Brighton, Minnesota, as follows: <br /> l. All action heretofore taken in connection with the <br /> issuance and sale of $950,000 Improvement Bonds of 1968, is hereby <br /> ratified and confirmed, including the award of the sale thereof to <br /> American National B2.~~ end Trust Co. St. Paul, Minnesota <br /> on its bid to purchase the bonds bearing interest as follows: <br /> 5.00% on bonds due in years 1970 to 1979 inclusive <br /> 5.20% on bonds due in years 1930 to 1983 inc1usYie <br /> plus (,xtr8, coupons at rp,te of .30% from 10/11/68 to 6/1/70 pa,ye.b1e pS fo1J::>I!s: <br /> 12/1/6~ ~~5 .55 each, 6/1/69~20.00 8Bch, 12/1/60 $20.00 each ond 6/1/70 ~20.00 oo,ch <br /> at a price of par, accrued interest and a premium of $ none . <br />