■ ::TpT??T�S ��F A u�'��CI�I, 1�I��;TING
<br /> t�' _;:.. a �; ���OU�;CII,, VILT�_��� OF ORONO
<br /> • ,1��T��r,IB-�,� 4 , Zg63
<br /> ;�%eci�:l ��.ceting of t��ie Vil�a�e �ouncil of the V�ll�.ge of
<br /> �..�� , Teiinnesot�. �v�.s held at the ill��,�� i?:�11 in Uaid il1a;� on
<br /> ��ednesd��.;.T, �cpter;lber 4 , 1963 at 6-:�00 0' clock P.I�I. ,�xrith the follo�v-
<br /> �n�; m�mb�rs prese�it :T�:��;��or H.�.�oss ,Trustees l�.i��i.r'r�:�r_zel, R.L.
<br /> Searles wnd C.R. �uudy, <�,na th� follo�ving m�r:ik�ers ��.bsent : ��, C.
<br /> �agley.
<br /> `j'he Clerx th�n pre�ented an �,ffidavit of public _;.tion of not-
<br /> ice of bond s��.le in t�?e Co:�1:�erci��.l tif�st, publis��eu at I��iinn�apolis
<br /> � �..����:���ota. a�.id affid��.vit �vas ex�.mined, �approv�d �,nd or��ered filed.
<br /> iiie Tti�Iayor then announced th�,:.t the rneeting w.;.s o1�en for the
<br /> � >>..r -o.,e of receiving ��,rd con:��ic�ering sealed l�ias for the purcha,�e
<br />+ �f a750,000 "'�r�er Improvement Bonds of 1963 of the Villa�;e , �.nd
<br /> �ti,�e Clerk �,nnourlced tllat ile had received fiv� (5 ) bids ior s<�id
<br /> '>c,<::A;, , tivrlicn upon b�ing o�ened vrere found to b� �s follov✓s :
<br /> M rox �or1�s :,�_�s��xrz1G
<br /> ;_-:�: : '�i� BID��JIZ �i:�i::� Iil 1?���; Y ;.''.RS I'�.�IC:�
<br /> �..�i;,"Ua KITZ�R�:D c°c C�:. 2.BO�o 1965 tnrou�h 1973 �a150,0:�0.00
<br /> �l�ic�.;o , Illinois 3.00;o 1964 t}iroubli 1977
<br /> 3.20jo 1�78 throu�,h 1979 ��et ���,te :
<br /> � plus addition�.l interest at
<br /> th� rate of 1. 50;o per arinum 3.1054��
<br /> or all bonds from :�ec�r�ber 16.
<br /> 1.963 to October 1, 19�4.
<br /> � lriti�`i �:��'�ilUi�i.�l; ���rJi� 2. 90;0 1065 throu�;h 1974 �750 ,OU0.00
<br /> OF I�'_IlTI1.�AI OI,I S 3 ,10;� 1975 through 1g77
<br /> 1'irst i:a.ti_on�.l Bank 3.20;� 1978 tl�rough 1979 net l���t� :
<br /> of :�t. Paul plus :�,ddition:�l interest at
<br /> TvIerrill I,yncn,Pierce, trie rate of 1.80��� per �,nnum 3.10g34�
<br /> i enner w �mith on all �;onds from Voveli�ber
<br /> Fr�,ncis I . du Pont 16 ,1963 to Ynril l,1g64.
<br /> and C or�p�,ny
<br /> �'loodard-El��ood �� Co.
<br /> I��iinneapolis,Tvlinne.,ot��
<br /> � .�ZLI�O�'- ,-ILLI�TvTS C0. 2.60 0 1965 ttirough 1g69 �750,000.00
<br /> - J .T�7.Cain 8c Company 2 . 90� 1970 through 1973
<br /> Piper,Jaffray �.nd 3.lOf 1974 throu�h 1g79 Net �{ate :
<br /> � Hopwood plus additional interest at
<br /> Northwestern National the rate of 1.80, �er annum 3.1506�
<br /> �ank,r.Iinneapolis ,I'e�inn.On all bonds from ecemb�r
<br /> ahearson Hammill & Co. l,1g63 to October l,1g64.
<br /> Chicago, Illinois
<br /> COI�,�TINi:NTAZ ILI,INOIu 3.25;� , 1965 through 1966 �c750,154.95
<br /> N:�TIOTJAT., B�NK & TRUST �3.10� 1g67 through 1975
<br /> Co. OF CF�I�AGO 3.25io 1976 through 1979 Net Rate :
<br /> Cwrleton D.Beh Co. 3.17316/
<br /> �7es I.Zoines , Iowa
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