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COUNCIL MEMINO <br />Extract of Minute= of Meeting of the <br />City Council of the City of Orono <br />Hennepin Cou:,ty, Minnesota <br />J UN 101985 <br />CITY OF ORONO <br />Pursuant to due call and notice thereof, a regular <br />meeting of the City Council of the City of orr-.no, Minnesota, was <br />duly held at the City Hall in the City, on Monday, June 10, 1985 <br />at 7:00 o'clock P.M. <br />The following members were present: <br />and the following were absent: <br />The Mayor announced that the meeting was con ied for <br />the purpose of considering bids for the purchase of $900,000 <br />General Obligation Improvement Bonds of 1985, as advertised for <br />sale. The City Clerk presented affidavits showing publication of <br />the :-,atice of sale in the official newspaper and in Commercial <br />West, which affidavits were examined and found satisfactory and <br />ordered placed on file. <br />The Finance Director then presented the bids received <br />prior to 4:00 o'clock P.M. and opened by the Finance Director <br />pursuant to the notice of sale for the General Obligation <br />Improvement Bonds of 1985. These were examined and found to be <br />as follows: <br />Name of Bidder <br />Interest Rates <br />Purchase Price <br />-1- <br />