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Exhibit A
<br />
<br /> NOTICE OF BOND SALE
<br /> $530,000
<br />()I~LIGATI()N IMPROVEMENT BONDS, SERIES 1989A
<br /> CITY OF RAMSEY
<br /> ANOKA COUNTY, MINNESOTA
<br />
<br /> N()T I(.:!0; iS IIEREBY GIVEN that sealed bids for the purchase of the above bonds
<br />will 10c', rcccix'ct! u~lil 1:00 p.m., Central Time, on Tuesday, November 28, 1989, in the offices of
<br />Spriagstccl, [~,;,.)rporatcd, 85 East Seventh Place, Suite 100, in St. Paul, Minnesota, at which time
<br />Ifc bids will I~. {,l',Cnecl and tabulated for consideration by the City Council at a meeting at 7:30
<br />p.[n. on thc s:lu~c day. The bonds are offered on the following terms. The bonds will be dated
<br />December I, 19~'.), will bear interest payable semiannually on each February 1 and August 1,
<br />commc[[ci~[y, A.u~.t~sl 1, 1990, and will mature on February 1 in the years and amounts as follows:
<br />
<br />Year Amount
<br />
<br />$20,000 1996 $85,000
<br />95,000 1997 20,000
<br />90,000 1998 20,000
<br />85,000 1999 15,000
<br />85,000 2000 15,000
<br />
<br /> 'f'hc: (:iu/ [~[u[y elect on ?ebruary 1, 1997 or on any date thereafter to redeem and prepay
<br />bonds uf ti[i:; is~;~t: in whole or in part, iii inverse order of maturities and by lot within maturities,
<br />maturiug (>~t or :~['tcr [:cbruary 1~ 1998 at a price of par plus accrued interest to date of redemption.
<br />
<br /> lgi(tdc~s ~l.'-~t sl>ccify a price of not less than $523,110 plus accrued interest. A legal
<br />cpi n ion o~ l l~,: t>~t'~cl s will be furnished by Holmes & Graven, Chartered, Minneapolis, Minnesota.
<br />Thc pre)coed:. ~',.I tile btm¢ls will be used to finance a portion of the costs of various assessable
<br />l¢ublic i~nl,r(~xcl~c~ts it~ thc City.
<br />
<br /> tli~l¢lcrs ~';hould 10c aware that the Official Statement to be distributed for the bonds may
<br />conlain addiki~,~u~l bidding terms and information relative to the bonds. In the event of a variance
<br />between s~lcm,z~ti:s i~ tiffs Notice of Bond Sale and the Official Statement, bidders must comply
<br />with thc tc]'[~; ,~fI' ~t:- Jailor.
<br />
<br />BY ORDER OF THE CITY COUNCIL
<br />
<br />/s/ David Hartley
<br />City Administrator
<br />
<br />
<br />
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