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<br /> :.. . <br /> 6- RESOLUTION NO. 897 <br /> Extract of Minutes of Meeting of the f <br /> ~ <br /> Village Council of the Village of New Brighton, <br /> Ramsey County, Minnesota <br /> I <br /> . <br /> Pursuant to due call and notice thereof, a <br /> meeting of the Village Council of the Village of New Brighton, <br /> Minnesota, was duly held at the Village Hall, in said Village, <br /> on Wednesday, the 2nd day of December, 1970 at 8:00 o'clock P.M.,C.S.T. <br /> The following members were present: <br /> Bromander, Boen, Nesser Rebelein and borris <br /> and the following were absent: none <br /> * * * * * * * * * <br /> The Mayor announced that the meeting was convened for <br /> the purpose of receiving sealed bids for the purchase of $1,224,000 <br /> Water Facility Bonds of 1970, as advertised for sale. The Village <br /> Clerk presented affidavits showing publication of the notice of <br /> sale in the official newspaper and in Commercial West, which <br /> affidavits were examined and found satisfactory and ordered placed <br /> on file. <br /> The Village Clerk then presented the sealed bids received <br /> and opened by him pursuant to the notice of sale. Bids for the <br /> Bonds were examined and found to be as follows: <br /> Name of Bidder Interest Rates Price <br /> American National Uit3%i: ~; 1,204,320.00 <br /> Bank & Trust Co. 4.40%; 5 .Olfl" <br /> 5.40%; 5.8m'o <br /> 6.00% <br /> 1st l.'Itl. Bank of 4.80010; 5.20% )1,209,679.20 <br /> St.. Paul 5.60%; 5 .80% <br /> 5.90% <br />