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EXTRACT OF MINUTES OF MEETING OF THE <br />VILLAGE COUNCIL OF THE VILLAGE OF <br />ELK RIVER, MINNESOTA <br />HELD: January 3, 1972 <br />Pursuant to due call <br />meeting of the Village Council <br />Minnesota, was duly held at the <br />on the 3rd day of January <br />P.M. <br />and notice thereof, a, Regular <br />of the Village of Elk River, <br />Village Hall in said Village <br />19 71, at 7:30 o'clock <br />The following members were present: <br />Mayor Bartelt, Councilmen Syring, Otto, Hudson and Konop <br />and the following were absent: none <br />Member Councilman S;rrin,, introduced the following <br />resolution and moved its adoption:. <br />RESOLUTION CONCURRING IN RESOLUTION <br />OF PUBLIC UTILITIES COMMISSION <br />ACCEPTING BID O1`, SALE OF $1,015,000 <br />ELECTRIC REVENUE BONDS OF 1971 <br />AND FIXING INTEREST RATE <br />WHEREAS, the Public Utilities.Commission of. the <br />Village of Elk River has heretofore..adopted a resolution <br />accepting bid on. sale of $1,015,000 Electric Revenue Bonds <br />of 1971 and fixing interest rate; <br />WHEREAS, the.Village Council of the Village: of <br />E1k.River deems it necessary and expedient that said <br />bonds be sold in accordance with the terms and conditions <br />set forth in the notice of bond sale; <br />NOW THEREFORE, BE IT RESOLVED by the Village <br />Council of the Village of Elk River, Minnesota, that the <br />resolution of the Public Utilities Commission accepting <br />bid on sale of $1,015,000 ElectriccRevenue Bonds of 1971 <br />and fixing interest rate is hereby concurred in and that <br />all provisions therein are hereby incorporated by reference, <br />adopted and approved.. <br />0 <br />Semi-monthl <br />