01-22-1990 Council Packet - Laserfiche WebLink

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529Q EXHIBIT A NOTICE OF SALE $1,660,000 INDEPENDENT SCHOOL DISTRICT NO. 278 (ORONO) HENNEPIN COUNTY MINNESOTA GENERAL OBLIGATION TAX ANTICIPATION CERTIFICATES OF INDEBTEDNESS, SERIES 1990A Sealed bids for these Certificates will be opened January 22, 1990 at 1:00 o’clock P.M., Central Time, at the offices of Springsted Incorporated, 85 East Seventh Place, in Saint Paul, Minnesota 55101. Consideration of the bids for award of the Certificates will be by the School Board at 7:00 o'clock P.M., the same day at the District Offices in Orono, Minnesota. The Certificates will be dated Febrtiary 12, 1990, as the date of original issue. Interest will be payable at maturity. The Certificates will be general obligations of the Issuer for which its unlimited taxing powers will be pledged. The Certificates will mature without right of redemption on March 12, i991. Sealed bids for not less than $1,655,000 and accrued interest on the principal sum of $1,660,000 will be accepted. An approving legal opinion will be furnished by Briggs and Morgan, Professional Association, of St. Paul and Minneapolis, Minnesota. The proceeds will be used for the same purpose for which taxes payable in the year 1990 were levied. Bidders should be aware that the Official Terms of Offering to be published in the Official Statement for the Certificates may contain additional biddin<j terms and information relative to the Certificates. In thn ‘’.ont of a variance between statements in this Notice of Sale and said Official Terms of Offering, the provisions of the latter shall be those to be complied with. Dated: December 11, 1989 BY ORDER OF THE SCHOOL BOARD /s/ Katherine P. Crosby District Clerk Additional Information may be obtained from: SPRINGSTED INCORPORATED 855 East Seventh Place Suite 100 Saint Paul, Minnesota 55101-2143 Telephone No.: (612) 223-3000 4