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EXHIBIT A <br /> <br /> NOTICE OF BOND SALE <br /> $2,045,000 <br />GENERAL OBLIGATION <br />IMPROVEMENT BONDS OF 1984 <br /> SERIES II <br />CITY OF RAMSEY, MINNESOTA <br /> ANOKA COUNTY <br /> <br />These bonds will be offered for sale on sealed bids on Tuesday, <br /> <br />September 25, 1984. <br /> <br />Bids will be accepted by the undersigned until 2:00 P.M., Central <br />Daylight Time at the City Hall, when they will be opened and tabulated <br />for consideration and award by the City Council at 7:30 P.M. on the <br />same day. The Bonds will be dated October 1, 1984, will bear interest <br />payable semiannually on each April 1 and October 1 to maturity, <br />commencing October 1, 1985, and will mature on April i in the amounts <br />and years as follows: <br /> YEAR AMOUNT YEAR AMOUNT <br /> <br />1987 $300,000 1992 $125,000 <br />1988 300,000 1993 ii0,000 <br />1989 300,000 1994 110,000 <br />I990 300,000 1995 100,000 <br />1991 300,000 1996 I00,000 <br /> <br />Bonds maturing after April 1, 1992, will be subject to redemption and <br />prepayment on that date and thereafter at par plus accrued interest. <br />No rate of interest nor the net effective rate of the issue may exceed <br />the maximum rate permitted by law. Bidders must specify a price of <br />not less than $2,005,000 plus accrued interest. A legal opinion on <br />the Bonds will be furnished by LeFevere, Lefler, Kennedy, O'Brien & <br />Drawz, a Professional Association, Minneapolis, Minnesota. The <br />proceeds of the Bonds will be used to finance a portion of the costs <br />of various Improvement projects in and for the City. <br /> <br />Bidders should be aware that the Official Statement of Offering to be <br />published in the the Official Statement for the Offering may contain <br />additional bidding terms and information relative to the Issue. In <br />the event of a variance between statements in this Notice of Bond Sale <br />and said Official Terms of Offering, the provisions of the latter <br />shall be those to be complied with. <br /> <br />BY ORDER OF TItE CITY COUNCIL <br /> <br />Dated: , 1984. <br /> <br />City Clerk-Administrator <br /> <br />Further Information: <br />Evensen Dodge, Inc. <br />3608 IDS Tower <br />Minneapolis, Minnesota <br /> <br />55402 <br /> <br /> <br />