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tr <br />■L ; <br />i <br />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 <br />of the City of Orono, Minnesota, was duly held at the City Hall in the City, on Tuesday, May <br />27,2003 at 7:00 o’clock P.M. <br />The following members were present: <br />and the following were absent: <br />^ 0 *♦ ♦ ♦♦ « « <br />The Mayor announced that the meeting was convened for the purpose of <br />considering proposals for the purchase of $885,000 General Obligation Sewer Improvement <br />Refunding Bonds. Series 2003A. <br />* « «* * ** * * <br />'fhe City Clerk then presented the propi>suls received prior to 12:00 o'clock <br />Noon pursuant to the Terms of Proposal for the General Obligation Sewer Improvement <br />Refunding Bonds, Series 2003A. fhesc were examined and found to be as follows: <br />Name of Bidder Interest Rates <br />SEE ATTACHED <br />Purchase Price