(Published in the McAlester News-Capital on November 23rd&30th, and December 7th, 2016.) NOTICE OF SALE OF BONDS In accordance with the Oklahoma Statutes 2011, as amended, notice is hereby given that the Town of Carlton Landing, Oklahoma, will receive sealed bids, facsimile bids, electronic bids or similar secure electronic bids on December 14, 2016, until 11:00 a.m., local time, at 10B Boulevard, also known as âSchool Building 1â, in the Town of Carlton Landing, Oklahoma, for the sale of $225,000 General Obligation Bonds, Series 2017, dated February 1, 2017, of said Town, which Bonds will mature $25,000 on April 1, 2019 and $25,000 annually each year thereafter until paid, with the last maturity on April 1, 2027 to likewise be $25,000. The General Obligation Bond, Series 2017 maturing in the years 2019 through 2023 are not subject to redemption prior to maturity. The General Obligation Bonds, Series 2017 maturing in the years 2024 through 2027 are subject to redemption at the option of the City on any date on or after April 1, 2023, at the principal amount thereof, plus accrued interest to the date of redemption. Bids filed with the Town Clerk-Treasurer shall be opened and read at 10B Boulevard, also known as âSchool Building 1â, in the Town of Carlton Landing at the time stated above and shall be awarded thereafter on said date by the Town Board of Trustees of the Town of Carlton Landing, Oklahoma at 10B Boulevard, also known as âSchool Building 1â, in the Town of Carlton Landing, Oklahoma, Oklahoma. Bids received after 11:00 a.m. on the above mentioned date will not be accepted and will be returned to the bidder unopened. There will be no exceptions to this policy. The General Obligation Bonds, Series 2017 shall be sold to the bidder bidding the lowest interest cost which the Bonds shall bear and agreeing to pay par and accrued interest for the Bonds. Each bidder shall submit with its bid a sum in cash, cashierâs check, or electronic (wire) transfer payable to the Town Clerk-Treasurer of the Town of Carlton Landing, Oklahoma equal to two percent (2%) of the principal amount of the Bonds. The right is reserved to reject all bids. The General Obligation Bonds, Series 2017 is a single purpose bond issue composed of $225,000 Parks and Recreational Facilities Bonds from a February 9, 2016 election authorization, which shall be sold as one unit, and bids will be received for this single purpose bond issue as one unit only. WITNESS my official hand and seal on November 19, 2016. s/Jan Summers Town Clerk Treasurer
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