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CITY OF ORONO <br />RESOLUTION OF THE CITY COUNCIL <br />NO 6 6 a'! <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 meeting of the City Council of the City of <br />Orono, Minnesota, was duly held at the City Hall in the City, on Monday, October 24, 2016, at <br />Nuf 001u1 <br />The following members were present: Mayor Lili Tod McMillan, Council Members <br />Jim Cornick, Jr., Lizz Levang, Aaron Printup, and Dennis Walsh <br />and the following were absent: None <br />The Mayor announced that the meeting was convened for the purpose of considering <br />proposals for the purchase of $2,795,000 General Obligation Street Reconstruction Refunding <br />Bonds, Series 2016A. <br />The Finance Director then presented the proposals received prior to 11:00 o'clock A.M. <br />pursuant to the Terms of Proposal for the General Obligation Street Reconstruction Refunding <br />Bonds, Series 2016A. These were examined and found to be as follows: <br />(See Attached). <br />Council Member Levang introduced the following written resolution and moved its <br />adoption: <br />