267696 � WHITE - CITV CLERK COUIICIl ������
PINK - FINANCE GITY OF SAINT PALTL
CANARV - DEPARTMENT
BLUE - MAVOR File NO.
ouncil Resolution -
Presented By
Referred To Committee: Date
Out of Committee By Date
WHEREAS, pursuant to authority La.ws of 1971, Cha.pter 773, as
amended by Laws of 1976, Chapter 234, the Council of the City of
Saint Paul is authorized to issue general obligation bonds of the
City in amounts not exceeding 62 million dollars for each calendar
year for a four-year period commencing with the year 1976 for the
purpose of providing funds for capital improvements; and
WHEREAS, the administration ha.s requested that the City
Council approve the issua.nce of $1,620,000 capital improvement
general obligation bonds to fina.nce the central library restoration
project set forth in the current capital improvement budget; now,
therefore, be it
RESOLVED, that the Council of the City of Saint Paul, pursua.nt
to Laws of 1971, Cha.pter 773, as amended by La.ws of 1976, Cha.pter
234, does hereby authorize the issuance and sale of City general
obligation bonds in the amount of $1,620,000 for the purposes stated,
and t�.e Director of the Depa.rtment of Fina.nce and Ma.na.gement Services
is hereby authorized and directed to initiate the proceedings and
prepare the appropriate documents looking toward the sale of such
bonds on or before August 24, 1976, and report all such actions to
the City Council.
COUNCILMEN
Yeas Nays Requested by Department of:
�t�lerA�3 S7�°��/� 6
Hozza In Favor
Hunt �1
Levine Against BY
Roedler � ,
Sylvester
Tedesco �
A,j� ' Q�Q_ Form prov by it ctor
Adopted by Council: Date �
Certifi a se y Council Secre ry By
y
Approv d y �Vlayor: Date AUG 1 b i9�6 Approv by Mayor for Sub ss' to Co�cil
By BY
p�gI.ISHED AUG Z 1 »7