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12-22-1972 VCM Special
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12-22-1972 VCM Special
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11/24/2020 4:23:17 PM
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City Government
type
VCM
date
12/22/1972
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<br />e <br /> <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 />~lINNESOTA . <br /> <br />NOTICE IS HEREBY GIVEN that these bonds will be offered for sale according <br />to the following terms: <br /> <br />TIME AND PLACE: <br /> <br />Thursday. , Januar~ 11 <br />1973, at 12:00 o'clock~. ., at the <br />V i IT age Hall i n Elk R i vert M'i n n e sot a . <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 />December 1,1972. <br /> <br />TYPE OF BONDS: <br /> <br />e <br /> <br />DATE OF BONDS: <br />PURPOSE: <br />INTEREST PAYMENTS: <br /> <br />Water and Street Improvements. <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 />$10,000 <br />$ 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 />... - . . ~ - -1-:::"_ <br />~71- <br /> <br />- <br /> <br />At the option of the issuer, bonds <br />maturing on or ~f'+gl7~.JU:l;c 1, <br />1982, snal1 be subject to prior <br />pavments, in inverse order of serial <br />numbers, 011 '>.lu!1(;, 1, 1981, and <br />any interest payment date thereafter, <br />at a price of par and accrued interest. <br /> <br />e <br /> <br />-1- <br />
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