CCR1973110RESOLUTION #I 10-73
ACCEPTING THE LOV BID FOR THE PURCHASE OF REVENUE BONDS
WHEREAS THIS CITY HAS DULY,,RECEIVED SEALED BIDS
FOR ITS ISSUE OF $915,000 SEWERAGE SYSTEM MORTGAGE
REVENUE BONDS, SERIES 1973"; AND
WHEREAS IT HAS BEEN DETERMINED THAT THE BEST BID
RECEIVED WAS THAT SUBMITTED BY
AND ASSOCIATES;
NOW, THEREFORE, BE IT RESOLVED THAT THE BID OF
AND ASSOCIATES, BE AND IT HEREBY IS ACCEPTED AND
THE MAYOR AND CITY CLERK ARE HEREBY AUTHORIZED AND
DIRECTED TO EXECUTE AN ACCEPTANCE OF THE OFFER
OF SAID SUCCESSFUL PURCHASER ON BEHALF OF THE CITY;
FURTHER RESOLVED THAT THE CHECK OF THE SUCCESSFUL
BIDDER BE RETAINED BY THE CITY TREASURER UNTIL
ACTUAL CLOSING OF THE BOND ISSUE AND CHECKS OF THE
UNSUCCESSFUL BIDDERS BE PROMPTLY RHURNED.
MAYOR GOTTFRIED, CHAIRMAN
EDWIN P. DUMKE
PAUL SCHAUPIBERG
ATTEST:
CITY CLERK
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