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<br /> <br /> <br /> <br />SPECIAL MEETING <br />ELK RIVER VILLAGE COUNCIL <br />HELD IN THE COUNCIL CHAMBERS OF THE VILLAGE OFFICE BUILDING <br /> <br />December 19, 1973 at 12:00 O'Clock noon <br /> <br />A Special Meeting of the Elk River Village Council was called to order by Mayor Clifford <br />Lundberg at 12:00 o'clock noon in the Council Chambers of The Village Office Bldg. <br />for the purpose of opening and considering bids for and awarding the sale of $220,000.00 <br />General Obligation Improvement Bonds. <br /> <br />The following members were present: Mayor Lundberg, Councilmen Tom Hudson, Robert otto <br />Robert Syring and Village Financial Advisor for the Bond Sale, Robert Milne in attendance. <br /> <br />12:00 o'clock noon the Mayor declared the receiving of bids closed. <br /> <br />The Council proceeded to receive and open bids for the sale of said bonds. The following <br />bids were received. <br /> <br />BIDDER <br /> <br />INTEREST RATE <br /> <br />NET INTEREST COST <br /> <br />PER ATTACHED BID TABULATION <br /> <br />Moved by Councilman Robert Syring and seconded by Councilman Tom Hudson to award the <br />sale of the $220,000.00 Improvement Bonds of the 1973 Street, sidewalk, curb & gutter, <br />storm sewer and parking lot Improvements to E. J. Prescott & Company, Motion unanimously <br />carried by a vote of 4-0 voted as follows for: <br />Mayor Lundberg, Councilmen Hudson, Otto and Syring. Against none. <br /> <br />Member absent, Councilman Don O. Cooper. <br /> <br />A copy of the resolution is attached. <br /> <br />No further business the meeting adjourned at 12:10 PM. <br /> <br />c---... <br /> <br /> <br />........,- <br /> <br />-......."'" <br />