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NOTICE OF BOND SALE <br />2.300.000 <br />U?iER*AL OBLIGATION WATER <br />AND SEWER REVENUE BONDS <br />SERIES 1989 <br />G'1TV OF 0g0t4O <br />HENN£PIN COUNTY. MINNESOTA <br />These bonds will be offered Monday. <br />September 11. 1M9 <br />Sealed bids will be received until 11:00 <br />o'clock a m , Central Time, at the offkm of Eh- <br />lers and f4socaltes. Inc.. 2950 Norwest <br />Center 90 South Seventh street, Mirmapo• <br />lis . Minnesota The bids will then be opened <br />and tabulated for presentation to and award of <br />sale by the City Council at 7 00 o'clock p m <br />on the same day at the City Hall In Orono, Min- <br />nesota The Bonds will be doted September <br />18, 1989 and will matufe on February 1 in the <br />f oNowing years and amounts. <br />3175.000 in I M to 1994, <br />5200,000 in 1995 to 1996. <br />$225,000 in 1997 to 1998 _ <br />$250.000 in 1999. <br />S275,000 0 2000 to 2001. and <br />$300.000 in 2002 <br />ri Bond maturing on or after February 1. 1997 <br />being subject to redemption at the option of <br />the city on February 1, 1 M and any Mrtreat <br />payment date thereafter at per and oocrued in- <br />terest. No rate of Interest nor ft effective <br />average rate of the issue may exceed ft max- <br />lum rate pefmitted by law An unqualif led legal <br />opinion will be lumished by Faegre a Benson. <br />of Minneapolis, Minnesota <br />Dated. August 14. 1989 <br />BY ORDER O'' THE CfTY COUNCIL <br />Dorothy HaWn <br />City Clerk <br />City of Orono. Minnesota <br />Further information may be obtained from the <br />financial consultan t <br />Ehlers and Associates Inc <br />2950 Norwest Center <br />90 South Seventh Street <br />Minneapolis. Mn 55402 <br />(d 12) 339.8291 <br />(Published in The Laker end Pioneer Aug 28. <br />��9t <br />