HomeMy WebLinkAboutResolution - 78-44 - Authorizing Piper Jaffray to Purchase US Treasury Certificates of Indebtedness, Treasury Notes and Treasury Bonds for the City of Eden Prairie - . y
March 13, 1978
Piper, Jaffray & Hopwood Incorporated
Attention: Mr. R. Rodney Pakonen, Vice President
800 Multifoods Building
Minneapolis, Minnesota 55402
Gentl emen:
As Mayor of the City of Eden Prairie, Minnesota .("the City"), I
hereby authorize you to subscribe for and purchase on behalf of
the City, U. S. Treasury Certificates of Indebtedness, Treasury
Notes and Treasury Bonds - State and Local Government Series ("the
Government Obligations"). I certify that the Government Obliga-
tions will be purchased solely with the proceeds of advance
refunding obligations ('the Refunding Bonds") dated March 1, 1978.
I also certify that the Refunding Bonds are obligations described
in section 103(a) of the Internal Revenue Code of 1954, as amended
("the Code") and that the amount" of governmental obligations to be
purchased is not more nor less than the amount of proceeds of the
Refunding Bonds subject to yield restriction under section 103(c)
of the Code and the regulations issued thereunder.
CITY OF EDEN PRAIRIE, MINNESOTA
,ayor/' `