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• it <br /> • EXTRACT OF MINUTES OF MEETING OF THE <br /> CITY COUNCIL OF THE CITY OF <br /> ELK RIVER, MINNESOTA <br /> • <br /> HELD: AUGUST 22; 1979 <br /> Pursuant to due call and notice thereof, a special <br /> meeting of the City Council of the City of Elk River, • <br /> Minnesota, was duly held at the City Hall in said City on the <br /> 22nd day of August, 1979 , at 8:35 o' clock P .M. • <br /> The following members were present: <br /> Mayor Madsen, Councilmembers Toth, Otto and Duitsman <br /> and the following were absent: <br /> Councilmember Engstrom <br /> Member Duitsman introduced the follow- <br /> ing resolution and moved its adoption: <br /> RESOLUTION PROVIDING FOR PUBLIC SALE <br /> OF $380,000 GENERAL OBLIGATION IMPROVEMENT BONDS OF 1979 <br /> • BE IT RESOLVED by the City Council of the City of Elk <br /> River, Minnesota, as .follows: <br /> 1. It is hereby found , determined and declared that <br /> this City should issue $380,000 General Obligation Improvement <br /> Bonds of 1979 to defray the expense of various improvements <br /> within the City. <br /> 2. This Council shall meet at the time and place <br /> specified in the form of notice hereinafter contained for the <br /> purpose of opening and considering sealed bids for, and award- <br /> ing the sale of $380,000 General Obligation Improvement Bonds <br /> of 1979 of said City. <br /> 3 . The City Clerk is hereby authorized and directed <br /> to cause notice of the time, place and purpose of said meeting <br /> to be published in the official newspaper of the City and in <br /> Commercial West not less than ten days in advance of date of <br /> sale, as provided by law, which notice shall be in sub- <br /> stantially the form set forth in Exhibit A attached hereto. <br /> 111 . <br />