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<br /> , ' <br />t <br /> . <br />. , I I <br /> R~s () {u+,'otJ l;l I 0 <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 meeting of the <br /> Village Council of the Village of New Brighton, Minnesota, was duly <br /> held at the Village Hall, in the Village, on Tuesday , April 10 5 <br /> 1973 at 8:00 o'clock . M. , C.SoT. <br /> The following members were present: <br /> Bromander, Anderson, Rebelein <br /> and the following were absent: Eagon, Fisher <br /> * * * * * * * * * <br /> Councilman Rebelein introduced the following <br /> written resolution and moved its adoption: <br /> RESOLUTION NO. 1210 <br /> RESOLUTION RATIFYING SALE AND FIXING <br /> FORM AND SPECIFICATIONS OF $490,000 <br /> PERMANENT IMPROVEMENT BONDS OF 1973, <br /> PROVIDING FOR THEIR EXECUTION AND <br /> DELIVERY AND CREATING FUNDS 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 $490,000 Permanent Improvement Bonds of 1973 <br />~ is hereby ratified and confirmed, including the award of sale thereof <br /> to First National Bank of Saint Paul <br /> on its bid to purchase bonds bearing interest as follows: <br /> 1974-75 4.20% <br /> 1976-79 4.600,,{, <br /> 1980-81 4. 7 OO,,{, <br /> 1982-83 4.800,,{, <br /> 1984 4.90% <br /> 1985-89 5.00% <br /> at a price of $483,894.60 and accrued interest. Said bid has been <br /> found to be the best bid, providing an average annual net interest <br /> cost not exceeding 7% per annum. The bonds shall be numbered serially <br /> from 1 upwards in chronological order of maturity dates and shall be <br /> in the following denomination(s): <br />