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3. Springsted Incorporated is authorized and directed to negotiate the sale <br />of the Bonds in accordance with the foregoing Terms of Proposal. The City Council <br />will meet at 7:30 p.m. on Tuesday, January 14, 1992, to consider bids on the Bonds <br />and take any other appropriate action with respect to the Bonds. <br /> <br />The motion for the adoption of the foregoing resolution was duly <br /> <br />seconded by Councilmember Beyer <br /> <br />, and upon vote being taken thereon the <br /> <br />following members voted in favor of the motion: <br /> Mayor Gilbertson <br /> Councilmember Cich <br /> <br />and the following voted against: <br /> <br />Councilmember Beyer <br />Councilmember Hardin <br />Councilmember Peterson <br /> <br />None <br /> <br />whereupon the resolution was declared duly passed and adopted. <br /> <br />ATTEST: <br /> <br />SNG26304 <br />RA125-32 <br /> <br /> <br />