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~ f' l , . .' /' . (. ,J~ RESOLUTION NO. 1047 Extract of Minutes of Meeting of the Village Council of the Village of New Brighton, Ramsey County, Minnesota Pursuant to due call and notice thereof, a regular meeting of the Village Council of the Village of New Brighton, Minnesota, was duly held at the Village Hall in said village, on Tuesday, February 22, 1972 at 7:00 o6clock P.M., C.S.T. The following members were present: Mayor Gayle C. Bromander, Councilmen, Eagon, Fisher, Moen Rebelein and the following were absent: None * * * * * * * * * Councilman Rebelein introduced the following resolution and moved its adoption: RESOLUTION TO ISSUE AND SELL $600,000 TEMPORARY IMPROVEMENT BONDS OF 1972 BE IT RESOLVED by the Village Council of the Village of New Brighton, Minnesota, as follows: I. The Village Council deems it necessary and expedient to issue and sell $600,000 general obligation negotiable coupon Temporary Improvement Bonds of 1972 to finance the costs of the following local improvements: Improvement No. Total Estimated Cost 72-3 $ 73,548.04 72-4 242,792.36 72-5 192,120054 72-6 2,653082 72-10 24,332.18 72-11 18,181.85 72-12 40,627.00 consisting of acquiring, opening and widening street right of way, grading, graveling and surfacing of streets and installation of curb and gutter, sanitary sewer, water main and storm sewers on various streets in the Village under Chapter 429, Minnesota Statutes, said bonds to be dated May I, 1972, to bear interest payable November I, 1972 and semiannually thereafter on May 1 and November 1 until matu- rity at the rate or rates designated by the successfulbidderu and to mature on May 1, 1975, all bonds being subject to redemption at the option of the Village at any time on or after November 1, 1974 at par