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<br /> <br />SPECIAL MKETING <br />VILLAGE COUNCIL OF ELK RIVER <br />HELD IN THE ELK RIVER VILLAGE OFFICE BUILDING <br /> <br />January 11, 1973 at 12:00 am. <br /> <br />A Special Meeting of the Elk River Village Council was called to order by <br />Acting Mayor Tom Hudson on January 11, 1973 at 12:00 O'clock am. in the Council <br />Chambers of the Village Office Building for the purpose of opening and <br />considering bids for and awarding the sale of $87,000 General Obligation Improve- <br />ments. <br /> <br />The following members were present: Councilmen Thomas Hudson, Robert Syring and Cliff <br />Lundberg and the following were absent: Mayor Bartelt, Councilmen Robert otto, <br />Robert Milne, Village Financial Advisor for the Bond Sale in attendance. <br /> <br />The Council proceeded to receive and open bids for the sale of said bonds. The <br />following bids were received. <br />Bidder <br /> <br />Interest Rate <br />PER ATTACHED BID TABULATION <br /> <br />Net Interest Cost <br /> <br />Moved by Councilman Syring and seconded by Councilman Hudson. to award the Sale <br />of the $87,000.00 Improvement Bonds of 1972 Street & Watermain Improvements to <br />E. J. Prescott & Company. Motion unanimously carried by a vote of 3-0. A copy <br />of the resolution is attached. <br /> <br />No further business, the meeting adjourned. <br /> <br /> <br />@) <br />