12/11/1969 - City Council SpecialMINUTES OF A SPECIAL MEETING OF THE BOARD OF SUPERVISORS
TOWN OF EAGAN, DAKOTA COUNTY, MINNESOTA
December 11, 1969
A special meeting of the Board of Supervisors of the
Town of Eagan was held at the Town Ha11 on December 21, 1969 at
5:00 P.M. at which all membexs were present; together with Mr. James
Olsen, Fiscal Consesltant.
Chairman Klein presided and announced that in accordance
with legal publication, bids were to be accepted for the ease of
$174,000 General Improvement Bonds and $280,000 General Obligation
Sewer Facility Bonds. There were no bids submitted.
Mr. Olsen advised the Board that one bid had been submitted
but later withdrawn, The Bond Buyers Index carne out at 3,00 P.M. and
reached sn all time high.
Upon motion of Chairman Klein, seconded by Uselmann,
aye Rahn, it was RESOLVED that any action on the sale of these bonds
be postponed until sometime in Januray, due to the unfavorable
Municipal Bond Market Condition at this time,
There being no further business, the meeting ad3ourned.
Dated; December 11, 1969.
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