274631 WHITE — CITV CLERK COUI1C11 �$��V��
PINK — FINdyCE GITY OF SAINT PAUL..
CANARY — DEPARTMENT �Y'V
BLUE �— MAVOR File NO.
r ouncil Resolution
Presented By 1-�-
,
Referred To Committee: Date
Out of Committee By Date
WHEREAS, the City has heretofore authorized the sale
of the bonds described below but no bids were received;
NOW THEREFORE, BE IT RESOLVED, by the Council of the
City of Saint Paul, that pursuant to the provisions of Laws of
Minnesota 1971, Chapter 773, as amended by Laws of Minnesota
1974, Chapter 351, Laws of Minnesota 1976, Chapter 234, and
Laws of Minnesota 1978, Chapter 788, and pursuant to applicable
Ordinances and provisions of the City's Legislative Code, there
is hereby authorized and there shall be issued and sold general
obligation bonds of said City in the aggregate principal amount
of Six Million Six Hundred Thirty Thousand Dollars
($6,630,000.00) , which includes One Hundred Thirty Thousand
Dollars ($130,000.00) of principal amount added as interest
cost as authorized pursuant to Minnesota Statutes, Section
475.56, for the purpose of procurement by said City of funds in '
said amount to be used by the City exclusively for the
acquisition, construction and repair of capital improvements of
the City of Saint Paul authorized in the Capital Improvement
Budget of said City for the year 1980, provided that the
proceeds of such bonds shall be expended only upon projects
which have been reviewed and have received a priority rating
from the capital improvements committee designated pursuant to
Laws of 1978, Chapter 788, Section 2; and, be it
FURTHER RESOLVED, that the bonds authorized above
shall be designated "General Obligation Capital Improvement
Bonds, Series 1980." Said bonds shall be issued in accordance
with the aforesaid Laws and in accordance with the further
provision of Chapter 475, Minnesota Statutes, all as more fully
provided in said Laws; and, be it
COUNCILMEN
Yeas Nays Requested by Department of:
Butler [n Favor �
Hozza
Hunt
Levine _ __ Against BY � —
Maddox
Showalter
Tedesco Form Approv y City Att ne
Adopted by Council: Date
Certified Passed by Council Secretary BY
sy�
/�pproved by �Vlavor: Date Approved b Mayor for S mission to Council
By _ - BY
�'
WMITE - UTV CLERK
PINK - - FINANCE COIIRCIl
CANARV - 4EV-ARTMENT GITY OF SAINT PALTL File N�'14631 �
BLUE .� - MAVOR
� � � Council Resolution
Presented By
Referred To Committee: Date
Out of Committee By Date
FURTHER RESOLVED, that sealed proposals be received
in accordance with the Official Notice of Offering a copy of
which has been presented to the Council and is attached hereto.
A copy of said Official Notice of Offering is hereby directed
to be placed on file in the office of the City Clerk. The
terms and conditions of said bonds and of the sale thereof as
set forth in said Official Notice of Offering are hereby
approved and confirmed and are hereby adopted. The Official
Notice of Offering shall be published in the manner prescribed
by law in the St. Paul Legal Ledger, the official City
newspaper and in Commercial West.
COUNCILMEN Requested by Department of:
Yeas M�MAHON Nays
H'�a In Favor �
Hunt , �
Levine _ � Against BY �
A4a�1�.
Showalter
��'` MAR 2 5 1980 Form Appro y City Attocn
Ad y Coun il: Date
Certified Ya: d by Council Se retary B3'
By
' MAR 2 7 1980 Approve b Mayor for ub ` 'on to Council
l�ppro by iNavor: e —
BY — — BY — .
�
,�us�o APR 5 1980
i����,
�,
CITY OF SAINT PAUL
R��Ct�Y O'8,�, DEPARTMENT OF FINANCE AND MANAGEMENT SERVICES
K
► y
O
°+o �'.�'= ,.� BERNARD J. CARLSON, DIRECTOR
113 City Hall, Saint Paul, Minnesota 55102
(612) 298-4637
GEORGE LATIMER
Mayor
March 21, 1980
TO: City Clerk � �`''
��.��
FROM: Bernard J. Carlson ' %
As we discussed, please include in the Agenda on the Council meeting
for next Tuesday, March 25 , 1980, a Resolution calling for the sale
of $6, 500,000 Capital Improvement Bonds and $4 , 000, 000 Water Pollution
Abatement Bonds on April 9, 1980.
BJC/ja