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<br />Resolution No. 542
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<br />.' ..- Extract of Minutes of Meeting of the
<br />,.- Village Council of the Village of New Brighton,
<br />Ramsey County, Minnesota
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<br />Pursuant to due call and notice thereof, a'regular meeting of the
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<br />Village Council' of the Viliage of New Brighton, Ninnespta, was duly held at j
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<br />the Village Hall in the Village on Tuesday, the 23rd day of April, 1968 at
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<br />8:00 o'clock P.M., C.S.T.
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<br />The following members were present:
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<br />Anderson, Jeffers, Moen, Nesser and Romanski
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<br />and the following were absent: None
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<br />Mayor Anderson announced that bids submitted for $950,000 Improvement Bonds
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<br />of 1968 and $800,000 ~wage Facility BOnds',.:,of\' 1968~d befln tabulated by
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<br />administration and.f~<;i. to be corr~et.. .-' '.
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<br />. ..,' After duec6risideration~ or al~ 'bnt~ for b~th :s~r'1es of bonds,
<br />Council:ma.n Jeffers lntrod.ueedthe ro~iowins, resoltl.tion" anclhmoved its adoption:
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<br />RESOLUTION AWARDING SALE OF $950,000 IMPROVEMENT
<br />BONDS OF 1968 AND $800,000 ~AGE FACILITY BONDS
<br />OF 1968
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<br />BE IT RESOLVED by the Village Conncil of the Village of
<br />New Brighton, as follows:
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<br />1. The bid of American National Bank and ,Trust Company., St. Paul,
<br />Minnesota to purchase $950,000 Improvement Bonds of 1968 and $800,000 Sewage
<br />Facility Bonds of 1968, on the terms .set forth in the notice of sale is
<br />hereby determined to be the best bid and is hereby accepted, and the Mayor
<br />~d,;' Village Manager are hereby authorized and. directed to eXecute a contract
<br />, with the successful bidder and the treasurer is instructed to return the good
<br />faith checks of all unsuccessful bidders forthwith....- ,'.
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<br />2. The form of such bonds and the inter~st coupons to be thereto
<br />attaohed, which forms are before this meeting, are' hereby approved and the
<br />Manager is, authorized to cause to be prepared bonds in such forms and in the
<br />:denominations and identifying the bank of payment specified by the successful
<br />bidder. .
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<br />3. The. Village Council shall meet on Tuesday, the 14th day of May,
<br />,1968 at 8:00 0 I clock P.M., for the purpose of adoptihg final resolutions
<br />specifying all terms of the bonds, identifying the bond ~orm, providing funds
<br />" .for their payment and authorizing and ratifying action necessary for ~heir
<br />execution and delivery.
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<br />...'The motion for-the adoption of the foregoing resolution was duly
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<br />; .;..' 3€conded by Counclln1an Moen and' upon vote being. taken thereon the following
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<br />, voted in .favo~ thereof:
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<br />Anderson, Jeffers, Moen, Nesser and Romanski,' .
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<br />,< and the following voted against the same: None
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<br />whereupon said resolution was declared duly passed and adopted.
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