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RECORD OF OFFICIAL PROCEEDINGS
CITY OF ROCHESTER,
Special Council Meeting No. 21
OF THE COMMON COUNCIL
M I N N ESOTA
November 12, 1980
President Pro-Tem Larson called the meeting to order at 1:00 P.M.,
the following members being present: President Pro-Tem Larson, Aldermen
Allen, Duffy, Powers,Solinger and Strain. Absent: President Postier.
The call of the special meeting was read by President Pro-Tem Larson,
the same being called for the purpose of the approval of a bond issue
and.any other business the Council may deem proper.
Duffy moved, Strain second to adopt Resolution No. 631-80 awarding the
sale, fixing the form and details and providing security for the payment
of $7,700,000. Grant Anticipation Notes of 1980 to The First National
Bank and Associates, of St. Paul, Minnesota . Ayes (6), Nays (0).
Motion carried.
Solinger moved, Powers second to adopt Resolution No. 632-80 awarding
the sale relating to $2,575,000. Temporary Improvement Bonds of 1980;
fixing the form and details and providing for',the execution and delivery
thereof and the security therefor to First National Bank and Associates
of St. Paul, Minnesota. Ayes (6), Nays (0). Motion carried.
Having no further business, Allen moved, Duffy second to adjourn the
meeting. Ayes (6), Nays (0). Motion carried.
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City Clerk