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<br /> . .~ Extract of Minute~ of Meeting ,of the
<br /> " ;,.' Village Council of the Village of New Brighton,
<br /> Rams~y County, 1'1innesota
<br /> Pursuant to due call and notice thereof, ,.a, Special meeting of the
<br /> oftb.e Village Council of the Village of New Bright.q.n, Minnesota, was duly
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<br /> ._~ .', _~eld,at the Village Hall in the Village on Tuesday, the ~3rd day ~fApril,
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<br /> 1968 at 7:00 o'clock P.M., C.S.T. .",
<br /> The folloWing members were present: . "
<br /> Anderson, Jeffers, Moen;:I!-'N'sser _ and'mma~ki
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<br /> ", and tl:l€ following were" absent: None
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<br /> The Mayor ~oun,cedthat~t~~ meeting was copveped for the purpose
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<br /> Qi'recei'Ving sealed bid's for thapurchase"oi $750,000 Temporary Improvement
<br /> Bondeo! 1968, as advertised for sale. The Village Clerk presented affidavits
<br /> showing publication of the notice of sale in' the official newspaper and fn
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<br />. , Commercial West, which affidavits were examined and found satisfactory and
<br /> otderedplaced on file.
<br /> The Village Clerk then presented the sealed bids received and
<br /> opened by him pursuant to the notice. of sale. These were examined and
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<br /> found to be as,' follows:
<br /> Name of Bidder Interest Rates Amount of Premium
<br /> ,.' The First National Bank 4.20% and None
<br /> of St. Paul 1.80%
<br /> Americar,LNational Bank 4.20% and None:
<br /> an~ Trust Company 1.8~
<br /> St. Paul
<br /> Northwestern National 4.25% and None
<br /> <,_..' ,J.. Bank of Vdnneapolis 1.50%
<br /> and
<br /> Ebin Robertson & Company
<br /> Motion by Nesser, seconded by Moen to receive bids
<br /> 5 ayes" O. nayes - carried ....
<br /> It was announced by Mayor Anderson that bids would be tabulated by
<br /> Administ~atiQn and considered at the regular council meeting at 8:00 P.M.
<br /> that evening'~
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