277802 WHITE - CITY CLERK i �}'
PINK - FINANCE n � /�� �
CANARY - DEPARTMENT G I T Y O F S A I N T 1 �U L COUi1C1I i � .
BLUE - MAYOR �
File N 0. j
Council Resolution ;
Presented By
Referred To Committee: Date
Out of Committee By Date
RESOLVED, By the Council of the City of Saint Paul that !
Chapter 369, Laws of Minnesota for 1981, approved June 4, 1981, '
entitled: ;
"An Act relating to the City of Saint Paul; author- �
izing issuance of general obligation bonds for ,
capital improvements; fixing amounts; amending I
laws 1971, Chapter 773, Section 1 as amended; and !
Laws 1978, Chapter 788 , Section 5. " �
a certified copy of which is herewith filed, shall be and said Actl
hereby is in all things approved; and, be it I
FURTHER RESOLVED, That the City Clerk as the chief clerical i
off icer of the City of Saint Paul shall forthwith file with the
Secretary of State a certificate in form prescribed by the Attorne
General stating the essential faets necessary to said approval of
said Act hereunder and including a copy of this resolution of
approval of said Act. �I
,
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COUIVCILMEIV Requestgd by Department of:
Yeas Nays
I�un4�
Levine T In Favo[
#Mddevc �J
McMahon B
Showalter - __ A gai n s t Y I
Tedesco
I
Wilson ��Q�
DEC i 0 � Form Approved y At rney '
Adopted by Council: Date — �
Certified as•e Cy ouncil Se ry BY
. ,
B ��.�`�y
Appr by ;Nayor. D e �y � � �961 Approved by Mayor for Submission to Councii I
gy, . — By �
PUBLtSHED D E G 19 1981
I
CANARY - DEPARTMENT � (� I T y O F S A I N T I,�u L �'OLLlIC11 �
BLUE - MAYOR �
File N0. FTT,�: ['C1PV
Council Resolution �����
Presented By
Referred To Committee: Date '
Out of Committee By Date
RESOLVED, By the Council of the City of Saint Paul that
Chapter 369, Laws of Minnesota. for 1981, approved June 4, 1981,
entitled:
"An Act relating to the City of Saint Paul; author-
izing issuance of general obligation bonds for
capital improvements; fixing amounts; amending
laws 1971, Chapter 773, Section 1 as amended; and
Laws 1978, Chapter 788 , Section 5. " '
a certified copy of which is herewith filed, shall be and said Acti
hereby is in all thinqs approved; and, be it
FURTHER RESOLVED, That the City Clerk as the ahief clerical
officer of the City of Saint Paul shall forthwith file with the
Secretary of State a certificate in form prescribed by the Attorney�
General stating the essential facts necessary to said approval of i
said Act hereunder and including a copy of this resolution of
approval of said Act.
I
,
COUNCILMEN Requestgd by Department of:
Yeas Nays
Hunt
Levine In Favor `
Maddox
McMahon
snoweiter Against BY - �
Tedesco
Wilson ,
Form Approved by City Attorney �,
Adopted by Council: Date �
Certified Passed by Council Secretary BY
By '
Approved by :Nayor. Date _ Approved by Mayor for Submission to Council
By gy
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;�,;;•o,LW CITY OF SAINT P!AUL
=-�•` =."''<. OFFICE OF THE GTY dLERK
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_• ���� �'���' �� BUREAU OF REC!ORDS
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„�. ,= 386 City Hall,Saint Paul, Minneso�a 55102
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612-�98-4Z31
GEORGE LATIMER
MAYOR '
December 16, 1981
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Secretary of State's Office =�� _= '
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Attn: Kathy Hjelm cs c= '
Room 180, State Office Bldg. �' � v
St. Paul, Minnesota 55155
Dear Ms. Hjelm:
Attached for filing in the Office of Secretary of State are three
Certificates of Approval by the City of St. Paul. The certificates
are in reference to the following:
Chapter 68, Sections 34 and 35, Laws of Minnesota
for 1981 as approved by C.F. No. 277800, adopted
December 10, 1981.
Chapter 335, Laws of Minnesota for 1981 as approved
by C.F. No. 277801, adopted December 10, 1981.
Chapter 369, Laws of Minnesota for 1981 as approved
by C.F. No. 277802, adopted December 10, 1981.
Will you please time stamp a copy of this letter and return it to the
City Clerk's Office at 386 City Hall, St. Paul, Minnesota, 55102. '
Very truly yours,
�
�
Albert B. Olson
City Clerk
�TATE OF��d�Th
Attach. DEPAR7'MEnT 0��T�
sch FIL ED '
'?EC 1 6 1981
�:��:�a,�,�,�;�.,�,� ',
S�'e�rY. of Staa^ �
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. ' .����� . CITY OF SAINT I,PAUL
`����TT^ �'��
=:•` � �.�'°-., OFFICE OF THE CITY �CLERK
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:,,a 1111'lllp ��
;,�� �� BUREAU OF REICORDS
"��.a ,��. ' 386 City Hall,Saint Paul,Minne#ota 55102
'�°m^",••"oc'`` 61�-298-4231
GEORGELATIMER i
MAYOR !
i
December 16, 1981 '
III
i
II
Secretary of State's Office I
Attn: Kathy H3elm �I,
Room 180, State Office Bldg. ',
St. Paul, Minnesota 55155 '
Dear Ms. Hjelm:
Attached for filing in the Office of Secretary of State are three
Certificates of Approval by the City of St. Paul. The certificates
are in reference to the following:
Chapter 68, Sections 34 and 35, Laws o� Minnesota
for 1981 as approved by :C.F. No. 277800, adopted
December 10, 1981.
Chapter 335, Laws of Minnesota for 1981 as approved
by C.F. No. 277801, adopted December 10, 19810
Chapter 369, Laws of Minnesota for 1981 as approved
by C.F. No. 277802, adopted December 10, 1981.
Will you please time stamp a copy of this letter and return it to the
City Clerk's Office at 386 City Hall, St. Paul, Minnesota, 55102.
Very truly yours,
��
Albert B. Olson
City Clerk
Attach. 'I
sch
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- CERTIFICATE OF APPROYAL OF SPECIAL LAW•
� � . . .* BY GOVERNING BODY
— (Pursuant to hiinnesota Statutes� 645.02 and 645.021)� �
' . . .
S'TATE QF MINNESOTA : �'� .��. . . � '
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: � ,,=3 s ,t; �Y� �c���,*� � .:� iJ„-���t �-� `,.����' .� a= ..
TO THE SECR.ETARY OF STA'Y'E OF MINNESOTA �r �'�:�
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` �'' �LEASE TAKE,NOTICE, That thc undersigned chie[�clerical ofCcer of th�� �, � 4� ._ ,;.
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. . ,� :',���.. .. . City `of St. `Paul �x • �= • � t. ��''� •' .
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(nune of governmenW uni� , - "n
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-�OES HEREB�I CERTIFY, that in compliance. with the provisions of Laws, 19 apter� - .
., .. . � -� : , � _ :. : ---- �'� �: x?:r�*}��` ,��f
� 369 nquiring approvai by a • majority vote of the govcrning body of said local gove mcntal
. . - ; .�� ,-r�
unii before �t becomes effectire, the City-Couneii . ' F f� `- - �=; �
- (designate Eoverninj body)
at a meeting duly heId on the lOth day of December, , 19 81 , by re lution
Council File 277302 did approve said Laws, 19 81 � Chapter 3�___�9__
(If other than resoluuon,specify) �
by a ma�onty vote of all of the members thereof
(Ayes 5 ; Noes � ; Absent or not voting 2 ) and the following additional steps, if any.
required by statute or charter were taken: �
Resolution to be published�in _the:o�ficial paper of the City.
A copy of the resolution is hereio�annexed and made a part of this certificate by re erence.
�� � �
Signed:
SEAL' - - .
City Clerk
, . ' (Oncial designation of of6cer)
�- (1�is form prescribed by the Attorney General and furnished by ,
ihe Secretary of State as required in Minnesota Statutes 64S.021) �� �
,,.
`Ij eztraordinary majority is �equired by the specia! law, insert�'raction or percentage here.'
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'si.F. iru. sfi
CHAPTER o.
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1 �
. . ,
� 2 � relating to the city of St. Paul; authorizing issuance
3 of general obligation bonds far capital improvements;
4 fixing amounts; amending Laws 1971, Chapter 773, � ,
� ' - 5 , Section l, as amended; and Laws 1978, Chapter 788, '
6 Section 5.
?
8 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: :
9 Section l . Laws 1971, Chapter 773, Section 1, as amended
Yt� by Laws 1974, Chapter 351, Section 5, Subdivision 1, Laws 1976,
11 Chater 234, Section 1, and Laws 1978, Chapter 788, Section l, is
12 amended to read:
13 Section 1 . [ST. PAUL, CITY OF; CAPITAL IMPROVEMENT �
14 PROGRAM. j
15 Subdivision 1. Notwithstanding any provision of the
16 charter of the city of St. Paul, the counci]. of said city shall
17 have power by a resolution adopted by five a£firmative votes cbf
18 all its members to authorize the issuance and sale of general. ' -
19 obligation bonds of the city in an amount of $6, 500, 000 far e�ch
20 calendar year for a four year period commencing with the year
21 i976, and aggregate annual amounts not to exceed the limits
22 prescribed in subdivision 2 of this section, for a five year !
23 period commencing in 1980, £or the payment of which the full ',
24 £aith and credit of the city is irrevocably pledged. i
25 Subd. 2 . For the year 1980 the city of St. Paul is
26 authorized to issue bonds in the aggregate principal amount o�£
' 1 -
� • � �
) _ _
k
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H.F: �to.4�86
1 $6, 500, 000 and for each of the y.ears 1981 and 1982 the city of
2 St. Paul is authorized to issue bonds in the aggregate principal
3 amount of $8, 000, 000 for each year; or for the year 1981 and �
4 subsequent years the city of St. Paul may issue bonds in an .
S amount equal to one-fourth of one percent of the assessors
6 ���+��ed estimated market value of taxable property in St. Paul
7 as €�na��y ee�a��seel, whichever is greater, provided further
8 that no more than $8,000, 000 of bonds is authorized to be issued
9 in any such year, unless St. Paul ' s local general obligation
10 debt as defin�d in this section is less than six percent of such
11 market value calculated as of December 31 of the preceding year;
12 but at no time shall the aggregate principal amount of bonds
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13 authorized exceed $8, 500, 000 in 1982, $9, 000,000 in 1983 and
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14 $9,500, 000 in 1984.
15 Subd. 3 . For purposes of this section, St. Faul' s general
16 obl�.gation debt shall consist of the principal amount of all
17 outstanding bonds of ( 1) the city of St. Paulo the housing and.
18 redevelopment authority of St. Paul, the civic center authority .
19 of St. Paul;and the port authority of St. Paul, for which the
20 full faith and credit of the city or any of the foregoing
21 autharities has been pledged; (2) Independent School District
22 625, for which the full faith and credit af the district has
23 been pledged; and (3 ) the county of Ramsey, for which the full
24 faith and credit of the county has been pledged, reduced by an
25 amount equal to the principal amount of such outstanding bonds �
26 multiplied by a figure, the numerator of whieh is equal to the
27 assessed value of property within the county outside of the city
28 of St. Paul and the denominator of which is equal to the
29 assessed value of the county. .
30 There shall be deducted before making the foregoing '
31 computations the outstanding principal amount of all refunded
32 bonds anel, all tax or aid anticipation certificates of
33 indebtedness of the city, the authorities, the school district
34 �and the county for which the full faith and credit of the bodies
35 has been pledged and all tax increment financed bonds which have
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36 not used, for the prior three consecutive years, general tax
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__, 2
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. „ ., . H.F. N . 386
1 levies or capitalized interest to su ort annual rinci al an�
PP P P
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2 interest payments.
3 Sec. 2 . Laws 1978, Chapter 788, Section 5, is amended ta
4 read:
5 Sec . 5 . Within the boundaries of any tax increment
6 district established in the city of St. Paul proceeds from th�
7 sale of capital improvement bonds may be expended solely for
8 transportation purposes. '
9 Capital improvement bonds authori.zed shall not be used to
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10 finance either temporarily or permanently any part of the cos�
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11 of acquisition, relocation, demolition, administration, and
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12 development of any property for purpose of d�.rectly developinc�
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13 the city' s property tax base. Bond money authorized shall no�
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14 be' used to subsidize or underwrite the development or
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15 redevelopment of private property, nor shall they be used to
16 provide loans or grants for the development or rehabilitation of
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17 homes, businesses, private foundations, or public charities.
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18 Sec. 3 . (EFFECTIVE DATE. ] - .
19 This act is effective the day after compliance with
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20 Minnesota Statut�s, Section 645 . 021, Subdivision 3, by the
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21 governing body of 'the city of St. Paul .
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H. F. No. 386
T `�
rry A. Sieben,Jr.
Spcak�r of thc Hoccse of Representativcs.
�! •
jack Davies
Presidrnt of the Senate.
Passed the House of Representati��es chis 7th day of May in che year of Our Lord
one thousand nine hundred and ei ghty-one.
Edward A. Burdick
�hief Clerk,House of Representativcs.
Passed the Senate this 6th day oE May in the year of Our Lord one thousand
nine hundred and eighty-one.
� �...
Pauick E. Flahaven
Secretary of the Stnatc.
A�,l�roved
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Albert H. Quie
Governor of the State of Minnesotu.
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G��,:��;.'�; _ _.., ;i�_� ;:�t ;,�y.,a.:� �� loan Anderson Growe
t i?i s ;,�;i'C`.. ,� Secretary o f Sta�e.
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