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EXTRACT OF MINUTES OF MEETING OF THE <br />CITY COUNCIL OF THE CITY OF RAMSEY <br /> COUNTY OF ANOKA, MINNESOTA <br /> <br /> Pursuant to due call and notice thereof, a regular meeting of the City <br />Council of the City of Ramsey, Minnesota, was duly held in the City Hall in <br />the City of Ramsey, on Tuesday, July 9, 1985, commencing at 7:30 o'clock <br />p.m., C.T. <br /> <br /> The following members of the Council were present: <br />Cox, Reimann, Schlueter, and Sorteberg <br /> <br />Mayor Heitman, <br /> <br />and the following were absent: None. <br /> <br /> The Mayor announced that the meeting was convened for the consider- <br />ation of the bids which had been received for the purchase of the City's <br />$660,000 General Obligation Improvement Bonds of 1985, as advertised for <br />sale. The City Administrator-Clerk presented affidavits showing <br />publication of notice of sale in the City's official newspaper and in <br />Commercial West, a financial paper published in Minneapolis, Minnesota, <br />which affidavits were examined, found satisfactory and ordered placed on <br />file. <br /> <br /> The City Administrator-Clerk presented a tabulation of the bids which <br />had been received in the manner specified in the notice of sale of the <br />Bonds. The bids were as follows: <br /> <br /> <br />