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Extract of Minutes of Meeting of the <br />City Council of the City of Orono <br />Hennepin County, Minnesota <br />Pursuant to due call and notice thereof, a regular meeting of the City Council of the <br />City of Orono, Minnesota, was duly held at the City Hall in the City, on Monday, Febniary 24, <br />2003 at 7:00 o'clock P.M. <br />The following members were present: <br />and the following were absent: <br />A <br />The Mayor announced that the meeting was convened for the purpose of <br />considering a proposal for the purchase of $75,000 General Obligation Equipment Certificates of <br />Indebtedness, Series 2003. <br />Member <br />moved its adoption: <br />introduced the following written resolution and