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-66- <br /> <br />EXTRACT OF MINIJTES OF A MEETING OF THE <br />CITY COUNCIL OF THE CITY OF <br />1KAMSEY, MINNESOTA <br /> <br />HELD: December 19, 2000 <br /> <br /> Pursuant to due cai1, a regular meeting of the City COuncil of the City ofRamsey, Anoka <br />County, Minnesota, was duly called and held at the City Hall on Tuesday, December 19, 2000, at <br />7:00 P.M., for the purpose, in part, of considering proposals for, and awarding the competitive <br />negotiated sale of, $1,680,000 General Obligation Taxable Tax Increment Bonds, Series 200lA. <br /> <br />The following members were present: <br /> <br />and the following were absent: <br /> <br /> The City Administrator presented proposals on $1,680,000 General Obligation Tax <br />Increment Bonds, Series 200 IA, for which proposals were to be received, opened and tabulated <br />by the City Administrator, or desigTtee, this same day, in accordance with the resolution' adopted <br />by the City Council on November 28, 2000. <br /> <br /> The following proposals were.received, Opened and tabulated at 11:00 A.M., at the <br />offices ofJuran & Moody, a division of Miller Johnson Steichen Kinnard, Inc., in the presence of <br />the City Administrator, or his designee, on this same day: <br /> <br />Bidder Interest Rate Net Interest' CoSt <br /> <br />(See attached) <br /> <br />The Council then. p_r. oceeded to consider and discuss the proposals, after which member <br /> introduced the following resolution and moved its adoption: <br /> <br />t237935,1 <br /> <br />I <br />I <br />I <br />I <br />i <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br /> <br />