#457 11-17-64 Award Sale of Improvement Bonds1
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Resolution No. 457
November 17, 1964
Member Flannagan introduced the following resolution and MOVED
its adoption:
RESOLUTION AWARDING SALE OF
IMPROVEMENT BONDS OF 1964
BE IT RESOLVED by the Village Council of the Village of Golden
Valley, Hennepin County, Minnesota, that the bid of Piper, Jaffray &
Hopwood of Minneapolis, Minnesota, for $550,000 Improvement Bonds of
1964 of said Village, dated November 1, 1961, at a price of par & accrued
interest, the bonds maturing in the years shown below to bear interest
at the respective rates per annum set forth opposite such maturity years,
as follows:
Years of Maturity
1966
1967
1968
1969
1970
1971
1972
1973
197
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
principal and
National Bank
in accordance
hereby found
to advertised
Village Clerk
bidder and to
Attest:
Village Clerk
Interest Rate
3.30%
3.30%
3.30%
3.30%
3.30%
3.30%
3.30%
3.50%
3.50%
3.50%
3.50%
3.50%
3.60%
3.60%
3.60%
3.60%
3.60%
3.70%
3.70%
3.70%
interest to be payable at the main office of Northwestern
of Minneapolis, in Minneapolis, Minnesota and to be issued
with the notice of bond sale heretofore duly published, is
and declared to be the highest and best bid received pursuant
notice of sale of said bonds, and is hereby accepted. The
is directed to retain the good faith check of said successful
return all other good faith checks forthwith.
Mayor
Resolution No. 457
November 17, 1961
The motion for the adoption of the foregoing resolution was duly
seconded by Member Teresi and upon vote being taken thereon, the follow-
ing voted in favor thereof: Flannagan, Garis, Nadasdy, and Teresi; and
the following voted against the same: None, whereupon said resolution
was declared duly passed and adopted, and was signed by the Mayor which
was attested by the Clerk.
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