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<br />NOTICE OF <br />BOND SALE <br /> <br />$87,000 <br />GENERAL OBLIGATION <br />IMPROVEMENT BONDS OF 1972 <br />VILLAGE OF ELK RIVER <br />SHERBURNE COUNTY <br />MINNESOTA <br /> <br />e <br /> <br />NOTICE IS HEREBY GIVEN that these bonds will be offered for <br />sale according to the fo11~wing terms: <br /> <br />TIME AND PLACE: <br /> <br />Thursday Janauary 1/ <br />, , <br />1911, at 12:00 0' clock ~.M., at the <br />Village Hall in Elk River, Minnesota. <br /> <br />TYPE OF BONDS: <br /> <br />Negotiable coupon general obligation <br />bonds, $1,000 or $5,000 denominations <br />at the option of the bidder, except <br />that bonds numbered 1 and 2 shall be <br />in the denomination of $1,000 each. <br /> <br />DATE OF BONDS: <br /> <br />December 1, 1972. <br /> <br />PURPOSE: <br /> <br />Water and street improvements. <br /> <br />e <br /> <br />INTEREST PAYMENTS: <br /> <br />December 1, 1973, and semiannually <br />thereafter on June 1 and December 1. <br /> <br />MATURITIES: <br /> <br />$2,000 on December 1, 1973 and there- <br />after on June 1 in each of the years <br />and amounts as follows: <br /> <br />$ 5,000 <br /> <br />$10,000 <br />$ 5,000 <br />$10,000 <br />$ 5,000 <br />$10,000 <br />$ 5,000 <br /> <br />1974 to 1981, both <br />inclusive; <br />1982 <br />1983 <br />1984 ' <br />1985 <br />1986 <br />1987. <br /> <br />REDEMPTION: <br /> <br />At the option of the issuer, bonds <br />maturing J, on or after December 1, <br />1982, shall be subject to prior <br />payment, in inverse order of serial <br />numbers, on December 1, 1981, and <br />any interest payment date thereafter, <br />at a price of par and accrued interest~ <br />