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U <br />Extract of Minutes of Meeting <br />of the City Council of the <br />City of Elk River, Sherburne County, Minnesota <br />Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of <br />Elk River, Minnesota, was duly held in the City Hall in said City on Monday, December 7, 2020, <br />commencing at 6:30 P.M. <br />The following members were present: Mayor Dietz, Councilmembers Christiansen, <br />Westgaard, Ovall, and Wagner <br />and the following were absent: none <br />The Mayor announced that the next order of business was consideration of the proposals <br />which had been received for the purchase of the City's Taxable General Obligation Sewer Revenue <br />Refunding Bonds, Series 2020C. <br />The City Finance Director presented a tabulation of the proposals that had been received in <br />the manner specified in the Terms of Proposal for the Bonds. The proposals were as set forth in <br />Exhibit A attached. <br />EL185-67-688304.v2 <br />