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<br /> .. .. ., '-.-,-4 <br /> ." -. <br /> , <br /> Extract of Minutes of Meeting of the <br /> City Council of the City of New Brighton, <br /> Ramsey County, Minnesota <br /> Pursuant to due call and notice thereof, a meeting of <br /> the City Council of the City of New Brighton, Minnesota, was duly <br /> held at the City Hall, in the City, on Tuesday, April 23, 1974 <br /> at 8:00 o'clock P.M., C.D.S.T. <br /> The following members were present: <br /> Bromander <br /> Anderson <br /> Eagon <br /> Fisher <br /> and the following were absent: Rebelein <br /> * * * * * * * * * <br /> The Mayor announced that the meeting was convened for <br /> the purpose of receiving sealed bids for the purchase of $390,000 <br /> Permanent Improvement Bonds of 1974, as advertised for sale. The <br /> City Clerk presented affidavits showing publication of the notice <br /> of sale in the official newspaper and in Commercial West, which <br /> affidavits were examined and found satisfactory and ordered placed <br /> on file. <br /> * * * * * * * * * <br /> The City Manager and Clerk then presented the sealed <br /> bids received and opened by them pursuant to the notice of sale <br /> for the Bonds. These were examined and found to be as follows: <br /> Name of Bidder Interest Rates Purchase Price <br /> piper, Jaffray & Hopwood 5.30%, 5.40%, 5.50%, $382,500.00 <br /> Minneapolis, I1innesota 5.60%, 5.75%, 5.80% <br /> First National Bank 5.40%, 5.45%, 5.50%, $384,540.00 <br /> of Minneapolis 5.60%, 5.70%, 5.75% <br /> First National Bank 5.30%, 5.40%, 5.50%, $383,370.00 <br /> of Saint Paul 5.60%, 5.70%, 5.80% <br /> Northwestern National 5.00%, 5.25%, 5.50%, $385,123.10 <br /> Bank of rtinneapolis 5.60%, 5.70%, 5.75% <br />