12-02-1963 VCM - Laserfiche WebLink

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c. P~l details and specifications of the obligations to be issued including authorizing resolutions to provide for issuance of the obligations. d. Proposed amortization schedule and means of retirement of the contemplated obligations. 3. We will assist the Municipality in obtaining a commitment from a banking institution that it will obtain and hold for the account of the Municipality, in the event the sale is successful, interest bearing securities as authorized by the Minnesota Statutes as are necessary to meet the principal and interest requirements on the 1960 issues to dates of call. 4. It is agreed that you will at your expense obtain the approving opinion of an attorney whose opinion as to legality will be accepted uncon- ditionally by prospective bidders. We also recommend employment of local counsel to assist you in the legal preparation of the issue. We will cooper- ate in every way with these attorneys. It should be noted here that Robert D. IVd.1ne & Associates are n21 attorneys -- we are not soliciting legal work for any attorney or firm of attorneys, and we do not practice law in any way -- we are therefore not in competition with any lawyers at this time en any ~ssue. 5. We will prepare and distribute to prospective bidders, copies of the prospectus (as described under Section 2 of this agreement) for the purpose of obtaining for you maximum competition for your bonds and the best possible prices for them on the advertised date of sale. 60 We will attend your sale in person to assist you in the evaluation of bids and award of sale to successful bidders. 7. We will furnish you with the printed bonds (after checking printer's proof and checking each $1,000 bond after printing) and will supervise their proper delivery to the purchasers. 8. For services enumerated above, and for all costs incidental to the -2-