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267451 WHITE - CITV CLEqK PINK - FINANCE GITY OF SAINT PAUL Council BLUERV - MAVORTM�NT �,( -1 � � FIl@ NO. �� ,��1 � `' • C un il esolution � � . � Present�d sy - F; Refer�ec� To Committee: Date Out of C�ommittee By Date ' W�EREAS : 4 A. The Council of the City of Saint Paul did by �tesolution authorize the issuance and sale of $25,890,000 General Obligation Refunding Bonds of 1976, Series A, B, C, D and E and delegate to the Mayor, City Clerk and Director of Finance and �Ianagement Services the authority to consider and accept on � behalf of the City the most favorable bid on each such Series of bonds . j .- B. No bids were received on or before 12 :00 noon on June 8, 1976, in accordance with the notice of sale for said bonds duly published in accordance with law. C. The City Council by Resolution adopted June 10, 1976, authorized the Director of Finance and Management Services and Springsted Incorporated, the City's fiscal consultant in connection with the aforesaid issue, to receive and discuss any ioffers complying with the aforesaid notice of sale that wer� received in accordance with Minnesota Statutes , Section 47�.60, and to report any such offers when received to this Council. D. The bids listed in Exhibit A attached hereto were received by the Director of Finance and Management Services and Springsted Incorporated and reported to the City Council which by Resolutions dated June 22, 1976 did accept said bids and� award the sale of the following Series of said bonds : -� l. Series A Bonds to BancNorthwest , Chicago, Illinois � and associates; 2. Series B Bonds to BancNorthwest , Chicago, Illinois and associates; 3, Series D Bonds to BancNorthwest Chica o Illinois an associa es . COU[VCILMEN Yeas Nays Requested by Department of: Butler Hozza [n Favor Hunt Levine A gai n s t BY Roedler Sylvester Tedesco ` Form Approv by 'ty Att ey Adopted by Council: Date Certified Yassed by Council Secretary BY By Approved by 6Nayor. Date Approved by Mayor for Submission to Council gy By � ,,, � . • � ��'��z , , . . • ' � NC7W THEREFORE BE IT RESOLYED by the City Council of the City of Saint Paul, Minnesota, as follows : 1. The award and sale of said General Obligation Re- funding Bonds of 1976, Series A, B and D (hereinafter collec- tively referred to as "Refunding Bonds") in accordance with the official notice of bond sale at the rates of interest hereinafter set forth and at the total prices hereinafter set forth plus accrued interest thereon from the date of the Refunding Bonds to the date of delivery of each Series thereof, is hereby ratified and confirmed in all particulars. , 2: Said Refunding Bonds shall be payable as �o principal and interest at The First National Bank of Saint Paul, in St. Paul, Minnesota or the Chase Manhattan Bank, N.A. , New York, New York, at the option of the holder. - 3. Each Series of said Refunding Bonds purchased at the price and bearing the serial numbers and maturing in the years and amounts set forth below shall bear interest pay- able February 1, 1g77 and semiannually thereafter on August 1 and February 1 at the annual rate as follows: . Series A Refunding Bonds Maturity Interest � Purchase Years Amount Serial ,Nos . Rat�e . _ ' ' � P�rice 1979 $220,000 1-44 5.25 $4,050,798.�►� 1980 220,000 45-88 5.25 1g81 220,000 89-132 5• 50 � 1g82 220,000 133-176 5.60 1983 220,000 177-220 5.60 1g84 320,000 221-284 5.60 1985 320,.00.0 285-348 5.60 1986 320,000 3�9-412 5. 60 1987 32�,000 413-476 5.60 1g88 320,000 . 477-5�0 5.60 1989 220,000 . - 541-5g� ; 5.75. 1990 220,000 585-628 . 5.90 � 1g91 220,000 629r672 6.00 � 1992 220,000 673-716 6.00 1993 220,00a i 717-760 6.00 199�+ 250,000 76i-81a 6.00 y.. . ::�, _2- . ��.�_ ' ` Series B Refunding Bonds , � , Maturity Years Amount Serial r1os. Interest Rate Purchase Price 1979 $120,000 1-24 5. 3p '� 4,540,04 0 t. 1980 120, 000 25-�$ 5 • 30 1981 275,000 49-103 5. 30 1g82 275,000 104-178 5. 30 1983 275�000 159-213 5. 30 1984 275,000 214-268 5.30 1987 280,000 269-324 5. 30 lgg6 280,000 325-380 5• 30 ' lgg7 280,000 381-436 5. 40 19gg 280,000 437-492 5, 60 1989 285,000 �+93-5�9 5•75 i990 33o, aoo 570-615 5. 90 i991 330, 000 616-681 6. 00 i992 330,000 682-7�7 6 . 00 1993 330,000 7�8-813 6 . 00 199� 330,000 � 81�+-879 6. 00 . 199� 145,000 880-908 6 . 00 Series D Refunding Bonds Maturity Years Amount Serial Nos . Interest Rate Purchase Price 1978 $225,000 1-45 5. 75 6,002,002 . 88 1979 22�; 000 46-90 5. 75 1980 225, 000 91-135 5. 75 1g81 225,000 136-180 5• 75 1982 225,000 181-225 5. 75 1g83 220,000 226-269 5• 75 i984 220, 000 270-313 5• 75 1g85 220, 000 31�-377 5•75 i986 220,000 358-�+01 5. 75 1987 220,000 �+02-445 5 . 75 1988 170, 000 �46-�79 5• 75 1.989 170,000 48o-5i3 5• 75 1990 170, 000 514-5�7 5• 90 1991 170, 000 �48-581 6. 00 lgg2 170,000 582-61� 6. 10 1993 170,000 616-649 6 . 15 1g94 170, 000 650-683 6. 20 1995 170,000 684-717 6 .25 ' 1996 270,000 718-771 6 . 25 1997 275, 000 772-826 6. 30 lgg8 280,000 827-882 6 . 3a 1999 280,000 883-938 6 . 30 2000 330,000 939-1004 6 . 40 2001 330, 000 1007-1070 6 . �0 2002 335, 000 1071-1137 6 . 40 2003 315,000 1138-1200 6. 40 -3- . � - � ; ��'��_� . , ' 4. The negotiable coupon general obligation Refund- ing Bonds of the City shall be da�ed July l, 1976 and shall be issued forthwith. Said bonds shall be in the denomination of $5, 000 each and shall mature on February 1 in the years and amounts set forth in paragraph 3 . 5. At the option of the City the Refunding Bonds, Series A, B and D maturing on or after February l, 1987 shall be subject to redemption prior to maturity in inverse order of serial numbers on February l, 1986 and any interest pay- ment date thereafter, at a price of par and accrued interest. Published notice of redemption shall in each case be given in accordance with law, and at least thirty days prior mailed notice of redemption shall be given to the bank where said bonds are payable and to any registered holders, provided that published notice alone shall be effective without mailed notice. Holders desiring to receive mailed notice must register their names, addresses and bond numbers with the Director of Finance and Management Services. 6. Said Refunding Bonds shall provide funds to advance refund the outstanding bonds of the City set forth below: Refunding Bonds _ - Series Refunded Bonds A Urban Renewal Bonds, Series 1975-L, Dated December l, 1975 (Refunded Bonds - Series A) B General Obligation Downtown Development Dis�rict No. 1 Bonds, Series 1975, . Dated December 1, 1975 ,(Refunded Bonds - Series B) and D Urban Renewal Bonds, Series 1974-K, Dated October l, 197�1 (Refunded Bonds - Series D) 7 . It is hereby found, determined and declared that the refunding of each issue of Refunded Bonds shall result in the reduction of interest cost to the City and in the positive ad�ustment in the schedule of debt service requirements in relation to resources available for its payment and that the ; reductions of interest cost in accordance with Minnesota ' Statutes , Section� 475. 67 are as follows : -4- . , ��.�t�_� � ` , Avera e Annual Net Interest Rate , � -fo Refunded Bonds without regard Average Annual to any discount at which the Refunded Net Interest Rate Bo ds were initially sold) fo Refunding_ Bonds `�� Series A 6�014 Series A 5 •759 .� Series B 5, 992 . Series B 5 .74 ` —� Series D h_ t�4i Series D 6 .18 (Refunded Bonds , Series A, B and- D � are hereinafter collectively referred to as "Refunded Bonds") 8. The Refunding Bonds and interest coupons to be issued hereunder shall be in substantially the following forms which have been approved by the City attorney of the City of St . Paul, and are hereby approved and adopted: -5- � , , �'��`�� . . � . r � . UNITED STATES OF AMERTCA STATE OF MINNESOTA RAMSEY COUNTY CITY OF SAINT PAUL No. _ $5,000 GENERAL OBLIGATION REFUNDING BOND OF Z976, SERIES A - KNQW ALL MEN BY THESE PRESENTS that the City of Saint Paul, Ramsey County, Minnesota, certifies that it is indebted and for value received promises to pay to bearer the principal sum of FIVE THOUSAND DOLLARS on the first day of February, 19 and to pay interest thereon #'rom the date hereof until the principal is paid at the rate of percent ( �) per annuin, payable on the first day of February, 1977 and semiannually thereafter on the first day of August and the first day of February in each year, interest to maturity being represented by and payable in accordance with and upon presentation and surrender of the. interest coupons hereto attached, as the same severally become due. Both principal and interest are payable at The First National Bank of Saint Paul, in St . Paul, Minnesota or the Chase Manhattan Bank, N.A. , New York, Neva York, at the option of the holder, or any successor paying agent duly appointed by the City, in any coin or currency of �he United States of America which at the time of payment is legal Lender for public and private debts . All bonds of this issue maturing in the years 1987 to lgg4, both inclusive (bonds numbered 413 to 810, both inclusive) , are subject to redemption and prepayment at the option of the City in inverse order of serial numbers, on February l, 1g86 and on any interest payment date thereafter at par and accrued interest . Published notice. of redemption i shall in each case be given in accordance with law, and at . least thirty days prior mailed notice of redemption shall • be given to the bank where said borids are payable and._to_ any _ � - re�istered holders, provided that published notice alone shall be effective without mailed notice. Holders desiring to receive mailed notice must register their names, addres,ses and bond numbers with the Director of Finance and Management Servi�es. _6_ , � � , �. �°�� . , �_:� � r � ` � This bond is one of a series of bonds issued and � sold by the City of Saint Paul in the total principal amount of 1 $4,050,000 all of like date and tenor, except as to serial number, maturity, interest rate and redemption privilege, which bond has been issued pursuant to and in full conformity with the Constitution and laws of the State of Minnesota and duly adopted resolutions of the Council of the City of Saint Paul for the purpose of providing money to advance refund outstand- ing Urban Renewal Bonds, Series 1g75-L , dated December l, 1975 of the City. This bond constitutes a general obligation of the City, and to provide moneys for the prompt and full payment of said principal and interest when the same become due, the full faith and credit and taxing powers of said City have been and are hereby irrevocably pledged. IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions and things required by the Constitution and laws of the State of Minnesota and the Charter of said City to be done, to happen and to be performed, precedent to and in the issuance of thi.s bond, have been done, have happened and have been performed, in regular and due form, t�.me and manner as required by� law, and this bond, together with all other debts of the City outstanding on the date hereof and the date of its actual issuance and delivery does not exceed any constitutional, statutory or charter limitation of indebtedness . IN WITNESS WHEREOF, the said City of Saint Paul, by its City Council, has caused this bond to be sealed with the facsimile of its Official Seal, to be signed by the facsimile signature of its Mayor, attested by the facsimile signature of its City Clerk, and countersigned by the manual signature of its Director of Finance and Management Services, and each of the interest coupons hereto attached to be executed by the facsimile signatures of its said officers, as of the first day of July, 1976. (facsimile) George Latimer Mayor Attest : (facsimile) Rose Mix City Clerk Countersigned: Director of Finance and Management Services (SEAL) -7- ; . � � ,m�� COUPON On the first day of February (August ) , , unless the bond described below shall have been duly called for redemption, and payment of the redemption price duly made or provided for, the City of Saint Paul, Ramsey County, Minnesota, promises to pay to bearer at The First National Bank of Saint Paul, in St . Paul, Minnesota, or the Chase Manhattan Bank, N. A. , New York, New York, at the option of the holder, the sum of $ for interest then due on its General Obligation Refunding Bond of 1976, Series A, dated as of July 1, 1976 , No. (facsimile) George Latimer Mayor Attest : (facsimile} Rose Mix • City Clerk Countersigned: (facsimile) Roger A. Mattson Director of Finance and Management Services -8- � , � ��_�� ' UNITED STATES OF AMERICA STATE OF MINNESOTA RAMSEY COUNTY CITY OF SAINT PAUL No. $5,000 GENERAL OBLIGATION REFUNDING BOND OF 1976, SERIES B KNOW ALL MEN BY__THESE PRESENTS that the City of _ Saint Paul. Ramsey County, Minneso�a, certifies that it_-is indebted and for value received promises to pay to bearer the principal sum of FIVE THOUSAND DOLLARS on the first day of February, 19 and to pay interest thereon from 'che date hereof until the principal is paid at the rate of percent � �) per annum, payable on the first day� of February, 1977 and semi- annually thereafter on the first day of August and the first day of February in each year, interest to matur3ty being represented by and pa�rable in accordance with and upon pre- sentation and surrender of' the interest coupons hereto attached, as the same severally become due. Both principal and interest are pay�able at The First National Bank of Saint Paul, in St . Paul, Minnesota or the Chase Manhattan Bank, _ N.A. , New York,,, New Xork, at the option of the holder, or any successor paying agent duly appointed by the City, in any coin or currency of the Uni.ted States of Amer�ca whi.ch at the time of payment is legal tender for public and private debts . All bonds of this issue matur3ng 3n the years 1987 to 1995, both inclus�.ve (bonds numbered 381 to 908, both inclusive) , are subject to redemption and pr�epayment at the option of the City 3,n inverse order of serial numbers , on February l, 1986 and on any �,nterest pavment date thereafter at par and accrued interest. Published_notice �f redemption shall in eaeh case be given in accordance with law, and at least thirty days prior mailed notice of redemption shall be given to the bank where said bonds are payable and to any registered holders, provided that published riotice alone shall be effective without mailed notice. Holders desiring to receive mailed notice must register their names, addresses and bond numbers with the Director of Finance and Management Services. � � _g_ . . � ��'��. � This bond is one of a series of bonds issued and sold by the City of Saint Paul in the total principal amount of $4,540,000 all of like date and tenor, except as to serial number, maturity, interest rate and redemption privilege, which bond has been issued pursuant to and in full conformity with the Constitution and laws of the State of Minnesota and duly adopted resolutions of the Council of the City of Saint Paul for the purpose of providing money to advance refund ou�stand- ing General Obligation Downtown Development District No. 1 Bonds, Series 1975, dated December 1, 1975 of the City. This bond con- stitutes a general obligation of the City, and to provide moneys for the prompt and full payment of said principal and interest when the same become due, the full faith and credit and taxing powers of said City have been and are hereby irre- vocably pledged. IT IS HEREBY CERTIFIED AND RECITED that all acts , conditions and things required by the Constitution and laws of the State of Minnesota ancl the Charter of said City to be done, to happen and to be performed, precedent to and in the issuance of this bond, have been done, have happened and have been performed, in regular and due form, time and manner as required by law, and this bond, together with all other debts of the City outstanding on the date hereof and the date of its actual issuance and delivery does not exceed any constitutional, statutory or charter limztation of indebtedness. IN WITNESS WHEREOF, the � said City of Saint Paul, by its � City Council, has caused this bond to be sealed with the facsimile of its Official Seal, to be signed by the facsimile signature of its Mayor, attested by the facsimile signature of its City Clerk, and countersigned by the manual signature of its Director of Finance and Management Services, and each of the interest coupons hereto attached to be executed by the facsimile signatures of its said ot'ficers, as of the first day of July, 1976. (facsimile) George Latimer Mayor Attest : (facsimile) Rose Mix City Clerk Countersigned: Director of Finance and Management Services (SEAL) -10- � _ �� _ . �� . , r � � COUPON On the first day of February (August ) , , unless the bond described below shall have been duly called for redemption, and paymen� of the redemption price duly made or provided for, the City of Saint Paul, Ramsey County, Minnesota, promises to pay to bearer at The First National Bank of Saint Paul, in St . Paul, Minnesota, or the Chase Manhattan Bank, N. A. , New York, New York, at the option of the holder, the sum of $ for interest then due on its General Obligation Refunding Bond of 1976 , Series B, dated as of July l, 1976, No. (facsimile) George Latimer Mayor � Attest : (facsimile) Rose Mix . City Clerk Countersigned: (facsimile) Roger A. Mattson Director of Finance and Management Services -11- , . ��_� � ' UNITED STATES OF AMERICA STATE OF MINNESOTA RAMSEY COUNTY CITY OF SAINT PAUL No. $5,000 GENERAL OBLIGATION REFUNDING ' BOND OF 1976, SERIES D KNOW ALL MEN BY THESE PRESENTS that _the City of_ Saint Paul, Ramsey County, Minnesota, certifies that it is' indebted and for value received promises to pay to bearer the principal sum of FIVE THOUSAND DOLLARS on the first day of February, lg and to pay interest thereon from the date hereof until the principal is paid at the rate of percent ( �) per annum, payable on the first day of February, 1977 and semi- annually thereafter on the first day of August and the first day of February in each year, interest to maturity being represented by and payable in accordance with and upon pre- - sentation and surrender of the interest coupons hereto attached, as the same severally become due. ' Both principal and interest are payable at The First National Bank of Saint Paul, in St. Paul, Minnesota or the Chase Manhattan Bank, N.A. , New York, New York, at the option of the holder, or any successor paying agent duly appointed by the City, in any coin or currency of the United States of America which at the time of payment is legal tender for public and private debts . All bonds of this issue maturing in the years 1987 to 2003, both inclusive (bonds numbered 402 to 1, 200, both inclusive) , are subject to redemption and prepayment at the option of the City in inverse order of serial numbers , on February l, 1986 and on any interest payment date thereafter at par and accrued interest . Published notice of redemption shall in each case be givenliri accordance with law, and at least thirty days prior mailed notice of redemption shall be given to the bank where said bonds are payable and to any registered holders, provided that published notice alone shall be effective without mailed notice. Holders desiring to receive mailed notice must register their names, addresses and bond numbers with the Director of Finance and Management Services. -12- �� ,,, � ' This bond is one of a series of bonds issued and sold by the City of Saint Paul in the total principal amount of $6, 000,000 all of like date and tenor, except as to serial number, maturity, interest rate and redemption privilege, �rhich bond has been issued pursuant to and in full conformity with the Constitution and laws of the State of Minnesota and duly adopted resolutions of the Council of the City of Saint Paul for the purpose of providing money to advance refund outstand- ing Urban Renewal Bonds, Series 1974-K, dated October 1, 1974 of the City. This bond constitutes a general obligation of the City, and to provide moneys for the prompt and full payment of said principal and interest when the same become due, the full faith and credit and taxing powers of said City have been and are hereby irrevocably pledged. IT IS HEREBY CERTIFIED AND RECITED that all acts , conditions and things required by the Constitution and laws of the State of Minnesota and the Charter of said City to be done, to happen and to be performed, precedent to and in the issuance of this bond, have been done, have happened and have been performed, in regular and due form, time and manner as required by law, and this bond, together with all other debts of the City outstanding on the date hereof and the date of its actual issuance and delivery does not exceed any constitutional, statutory or charter limitation of indebtedness . IN WITNESS WHEREOF, the said City of Saint Paul, by its City Council, has caused this bond to be sealed with the facsimile of its Official Seal, to be signed by the facsimile signature of its Mayor, attested by the facsimile signature of its City Clerk, and countersigned by the manual signature of its Director of Finance and Management Services, and each of the interest coupons hereto attached to be executed by the facsimile signatures of its said officers, as of the first day of July, 1976 . (facsimile) George Latimer — Mayor Attest : (facsimile) Rose Mix City Clerk Countersigned: Director of Finance and Management Services (SEAL) -13- ��.�_� � � COUPON On the first day of February (August) , , unless the bond described below shall have been duly called for redemption, and payment of the redemption price duly made or proyided for, the City of Saint Paul, Ramsey County, Minnesota, promises to pay to bearer at The First National Bank of Saint Paul, in St . Paul, Minnesota, or the Chase Manhattan Bank, N. A. , New York, New York, at the option of the holder, the sum of $ for interest then due on its General Obligation Refunding Bond of 1g76 , Series D, dated as of July 1, 1976, No. (facsimile) George Latimer Mayor Attest : (facsimile) Rose Mix City Clerk Countersigned: (facsimile) Roger A. Mattson Director of Finance and Management Services -14- � ��.��. . ; ., 10. The Refunding Bonds shall be sealed by the facsimile of the Official Seal of the City of Saint Paul and signed by the facsimile signature of its Mayor, attested by the facsimile signa- ture of its City Clerk, and countersioned by the manual signature of its Director of Finance and Management Services, and the interest coupons thereto attached shall be executed by the facsimile signa- ture of said officers; 11. The Refunding Bonds when so prepared and executed shall be delivered by the Treasurer to the purchaser(s) thereof upon receipt of the purchase price, and the said purchaser(s) shall not be obliged to see to the proper application thereof. 12. There is hereby created a special "Escrow Account" for each Series (Series A, B, and D) of Refunding Bonds. The proceeds of the sale of each Series of Refunding Bonds less any accrued interest and premium received thereon, plus an amount from the sinking fund account or accounts established by resolution of the City Council for the Refunded Bonds to be refunded by said Series of Refunding Bonds not to exceed accrued interest on said Refunded Bonds from their last interest pay- men� date to the date of delivery of and payment for said Series of Refunding Bonds, as may be required to adequately fund each separate Escrow Account for the purposes set forth in subparagraph (a) below, are hereby pledged and appropriated and shall be credited to each separate Escrow Account . � � (a) Each Escrow Account shall be deposited in escrow with the Northwestern National Bank of Saint Paul, in St. Paul, Minnesota, a suitable banking institutian wi�hin f the State, whose deposits are insured by the Federal Deposit Insurance Corporation and whose combined capital and surplus is not less than $500,000, and shall be in- vested in securities maturing or callable at the option of the holder on such dates and bearing interest at such rates as shall be required to provide sufficient funds, together with any cash or other funds retained in said Escrow Account , to pay when due the interest to accrue on the corresponding Refunded Bond to its maturity or to the date on which it is called for redemption as herein provided and to pay the principal amount of each such obligation at maturity or on the date on which it has been called for redemption and to pay any premium required for redemption on such date, and the monies in each Escrow Account shall be used solely for the purposes herein set forth and for no other purpose, except that if any balance shall remain in -15- � � . - r `�`��,�� , ' any Escrow Account after all of principal, interest and premium (if any) has been paid on the corres- , ponding Refunded Bonds pursuant to this resolution, I then such balance shall be transferred to the ' sinking fund account or accounts previously estab- lished for said Refunded Bonds all in accordance with the terms and conditions of an Escrow Agreement a form of which is on file in the offiee of the City Clerk. (b) There have heretofore been created pursuant to resolutions of the City Council separate sinking funds or a special account in the Regu.lar Sinking Fund of the City for the payment of principal, interest and premium, if any, on the Refunded Bonds, Series A and D. Until retirement of each of such Series of Re- funded Bonds, all provisions theretofore made for I the security thereof sha�l be observed by the City � and all of its officers and agents . However, the � City Council hereby finds, determines and certifies to the County Auditor of Ramsey County �hat the proceeds of the sale of each .Series of Refunding Bonds to be used to refund said corresponding Series of Refunded Bonds, together with other funds available and appro- , _ priated �to the respective Escrow Accounts for said purpose, will be sufficient, together with the earnings on the investment of such funds in said Escrow Accounts, to pay when due or called all' of the principal of and interest and premium, if any, on each such Series of Refunded Bonds payable from said Escrow Account . Accordingly, upon issuance of each such Series of Refunding Bonds, (i) payment of the principal and in- terest on the Refunding Bonds shall be paid out of the following sinking funds or accounts established for the Refunded Bonds : Refunding Bonds, Series A shall be paid out of the sinking •fund or account established for the Refunded Bonds, Series A; and Refunding Bonds, Series D shall be paid out of the sinking fund or account established for the Refunded Bonds, Series D; and (ii) all uncollected taxes levied in 1975 and any other un- ' collected special assessments or other revenues hereto- fore pledged to the sinking fund account from which either of the above mentioned Series of Refunding Bonds is hereby made payable, together with all accrued in- terest and premium, if any, received upon delivery of _16- ��`��.`��. . 1 � such Series of Refunding Bonds, all taxes herein levied and pledged to make payment of such Series of Refunding Bonds, and any balance in said sinking fund or account to the extent that said balance has not been appropriated to the Escrow Account established for the corresponding Series of Refunded Bonds theretofore payable from said sinking fund or account, shall be and are hereby pledged to the payment o�' such Series of Refunding Bonds and interest thereon made payable from such sinking #'und or account. (c ) There has heretofore been created pur- suant to resolutions of the City Council a special fund designated '�Downtown Development District No . 1 Fund" . In said fund there were created two separate accounts designated as the "Capital Account" and the "Common Sinking Fund Account" . The Common . Sinking Fund Account was created solely for the purpose of paying principal, interest and premium, �.f any, on the Refunded Bands, Ser3.es B and any other general obligation bonds of the City issued. - and made payable from said account . Until retirement of the Refunded Bonds, Series B, all provisions theretofore made for the security thereof shall be - observed by the City and all of its officers and agents. However, the City Council hereby finds, determines and certifies to the County A.uditor of Ramsey County that the proceeds of the sale of the Re.funding Bonds, Series B ta be used to refund said Refunded Bonds, Series B, together with other funds available and appropriated to the Escrow Account for said ! purpose, will be sufficient, together with the earnings on the investment of such funds in said Escrow Account , to pay when due or called all of the principal of and interest and premium, if any, on the Refunded Bonds, Series B. Accordingly, upon issuance of the Refunding Bonds, Series B, (i) payment of the principal and interest on the Refunding Bonds, Series B shall be paid out of the Common Sinking Fund Account of the Downtown Development District No. 1 Fund, and (ii) all sums heretofore pledged to said Common Sinking Fund, including all tax increments derived from Downtown Development District No. 1 (except that the City reserves the right to reduce or cancel the pledge of such tax -1.7- , � . , � � ��_� �� ' increments if and to the extent permitted by law) , all uncollected taxes heretofore Zevied for the $700,000 Downtown Development District No . 1 Bonds, Series 197� , dated October 1, 1974 and all uncollected taxes levied in 1975 for the Refunded Bonds, Series B and all other sums heretofore pledged to the Common Sinking Fund Account from which said Series B Refunding Bonds are hereby made payable, together with all accrued interest and premium, if any, received upon delivery of said Series B Refunding Bonds, all taxes herein levied and pledged to make payment of said Series B Refunding Sonds, and any balance in said Common Sinking Fund Account to the extent that said balance has not been appropriated to the Escrow Account established for the Refunded Bonds, Series B heretofore payable from said Common Sinking Fund Account , shall be and are hereby pledged to .the payment of the Refunding Bonds, Series B and interest thereon made payable from said Common Sinking Fund � Account on a parity with` all other bonds payable from said Account . Said Common Sinking Fund Account shall continue to be used solely to pay principal and interest on the Refunding Bonds, Series B and any other general obligation bonds heretofore or hereafter made payable from said account , except that upon discharge of all bonds payable from said account the City shall to the extent necessary use the remaining funds in said account to reimburse the City for all tax increments derived from Downtown Development District No. 1 in the manner and to the extent required by law. 13. For the prompt and full payment of the principal of an d interest on each Series of Refunding Bonds , as the same ; % respectively become due, the full faith, credit and taxing powers of the City shall be and are hereby irrevocably pledged; and for the purpose of providing for the payment of the principal and interest upon each Series of Refunding Bonds, when and as the same mature, and for an additional direct tax in an amount not less than five percent (7%) in excess of the sum required to pay such principal and interest when the same become due on each Series of Refunding Bonds, there_is hereby levied on all of the taxable pro- � perty in the City of Saint Paul, �in addition to all other taxes, �hel following direct , annual, irrevocable taxes, to wit : -18, . • ' ��;� �, �� .,.P r`�. '� TAX LEVY FOR $4, 050, 000 GENERAL OBLIGATION REFUNDING BONDS OF 1976, SERIES A Tax required by (Year of Chapter 475, Minnesota Collection) Statutes, as amended, Budget Tax for Tax for in exeess of Principal Total Year Principal Interest and Interest Tax 1977 -o- 22g,670.00 11,484. 00 241,154 1978 220,000 ��g,67o. 00 22,484 . 00 472,154 i979 220,000 ��$,120. 00 21,906 . 00 460,026 1g80 220,000 2�6,570. 00 21,329. 00 447,899 1g81 220,000 �:Q4,47o. 00 20,72� . 00 435,194 1g82 220,000 182,150. 00 20,108 . 00 422,258 1983 320,000 , 16g,830. 00 24,492. 00 514,322 1984 320,000 151,g1o. o0 23,596. 00 495,506 1987 320,000 133,990. 00 22,700. 00 476,6g0 1986 3?0,000 . 1],6,070. 00 21,804 . 00 457,874 19$7 320,000 98,150. 00 _ 2o,go8. 00 439,058 1g88 220,00o y 80,230. 00 . 15,,012.00 315,242 1989 220,000 67,580. 00 14,37-� . 00 301,959 1990 220,000 �4 ,600. 00 13,730. 00 . 28II,33o lggl 220,000 41,400. 00 13,070. 00 274,470 ` 1992 220,000 28,200. 00 12,410. 00 260,610 �ao3 2,�,�n� �_�,�.no. 00 1.3,250. 00 278,250 Ution Bond Closin� the Countv Auditor of � Ramsey County is hereby authorized and directed to the extent and � in the manner permitted by law to cancel forthwith or if necessary from year to year the taxes levied for collection in the years 197� through 1995 pursuant to a resolution of the City Council for the payment of principal of and interest on said Refunded Bonds, Series A and not needed as a result of the establishment of the aforesaid Escrow Account ; and upon Bond Closing the Director of Finance and Management Services is hereby authorized and directed to give said County Auditor written notice thereof. _�9_ � ! � • TAX LEVY FOR $�, 540,000 GENERAL OBLIGATION REFUNDING BONDS OF 1976, SERIES B Tax required by (Year of Chapter 475, Minnesota Collection) Statutes, as amended, Budget Tax for Tax for in excess of Principal Total Year Principal Interest and Interest Tax 1977 -o- 255,257•50 12,763. 50 268,021 1978 120,000 255,257 • 50 18,763.50 394,021 1979 � 120,000 248,897 . 50 18,445. 50 387 ,3�3 1g80 275,000 ` ��2 ,537 . 50 25, 877.50 543,�15 1981 275,000 -� 227,962. 50 25,148. 50 528,111 1982 275,000 213,387 . 50 24,41g.50 - 512,807 1983 275,000 198,812. 50 23,691- 50 �97,50� , �98� 280,000 184,237 . 50 23,212.50 487,45� �g87 280,000 169,397. 50 22,470.50 471,868 1986 280,000 154,557. 50 21,728. 50 456,286 1g87 280,000 139,�37. 50 20,972.50 440,410 1988 285,000 123,757. 50 20,438.50 42g,196 1989 33�,000 107,370. 00 21,869.00 �59,239 1990 330,000 87,900. 00 20,895. 00 438,795 _ 1991 330,0�00 68,100. 00 19,905.00 418,005 1992 330,000 48, 300. 00 18,915.00 397,215 � 1993 330,000 28,500. 00 17,925. 00 37d,�25 199� 145,000 8,700. 00 • 7,685.00 161,385 � � ' Upori Bond Closing the County Auditor of Ramsey County is hereby authorized and directed to the extent and in the manner permitted by law to cancel forthwith or if necessary from year to year the taxes levied for collection �.n the years 1977 .! through 1995 pursuant to a resolution of the City Council for the principal of and interest on said Refunded Bonds, Series B , and not needed as a result of the establishment of the aforesaid Escrow Account; and upon Bond Closing the Director of Finance and Management Services is hereby authorized and directed to give said County Auditor written notice thereof. -20- � � ��-� � . � TAX LEVY FOR � $6,000,000 GENERAL OBLIGATION REFUNDING BONDS OF 1976, SERIES D Tax required by (Year of Chapter 475, Minnesota Collection) Statutes, as amended, Budget Tax for Tax for in excess of Principal Total Year Principal Interest and Interest Tax 1977 225,000 363,027. 50 2g,4o1. 50 61.7,42g 1978 225,000 350,090. 00 28,755 . 00 603,8�5 1979 225,000 337,152. 50 28,108. 50 590,261 1980 225,000 324,215. 00 27,�+61.00 576,676 1981 225,000 311,277.50 26,814. 50 563,�92 1g82 220,000 2g8,34o. 00 25,917. 00 544,257 1983 220,000 285,690. 00 25,285. 00 53�,975 1984 220,000 273,040. 00 2u,652. 00 517,692 1985 220,000 260,390 . 00 24,020. 00 504,410 1g86 2z0,o0o 247,740. 00 23,387. 00 491,127 1987 170,-000 235,090 . 00 20,255.00 425,3�5 1988 170,000 225, 315 . 00 19,766 .00 415,081 1989 170,000 215,5�+0. 00 19,277. 00 404,817 1990 170,000 205,510. 00 18,776.00 394,286 1991 170,000 195,310 . 00 18,266. 00 383,576 1992 170,000 184,940. 00 17,747.00 372,687 1993 170,000 174,485. 00 17,225.00 361,710 199�+ 170,000 163,945 . 00 16,6g8. 00 350,6l�3 1995 270,000 153,320. 00 21,166. 00 �+�+4,486 1996 275,000 136,445. 00 - 20,573 . 00 432,018 1997 280,000 119,120. 00 19,956.00 419,076 199$ 280,000 101,480. 00 19,o74 . oa 400,55� 1999 330,000 83,840.00 20,692. 00 43�+,532 2000 330,000 62,720 . 00 19,636.00 �12,356 2001 335,000 41,600. 00 18,830. 00 395,�3� 2002 315,000 20,160. 0o i6,758 35z�9i8 Upon Bond Closing the County Auditor of Ramsey County is hereby authorized and directed to the extent and in the manner permitted by law to cancel forthwith or if necessary from year to year the taxes levied for col�.ection in the years 1977 throu�h 2004 pursuant to a resolution of the City Council for the payment of principal of and interest on said Refunded Bonds, Series D and not needed as a result of the establishment of the aforesaid Escrow Account ; and upon Bond C�uthorized andedi�ected�toagiveasaidanage- ment Services is hereby a County Auditor written notice thereof. :� -21- ��. Such taxes levied in paragraph 13 hereof for each Series of Refut�ding Bonds shall be collected, and the payment thereof enf�rced at the same time and with and in like manner as other�l.�r1��C�r�, @ G / taxes of the City of Saint Paul, and Vrhen collected shall be ` � +�used solely for paying the int�rest and principal of said bonds when and as the same mature . 15. In the event any principal and interest come due prior to the receipt of the proceeds of said taxes, it �� sha11 be paid promptly, t�rhen due, out of the general fund : of the said City of Saint Paul, and reimbursement therefor ; shall be made when said taxes shall have been received. 16. Pursuant to Laws of Minnesota, 1973, Chapter 764, the tax increments deposited in the Common Sinking Fund. Account . from which the Refunding Bonds, Series B are payable sha11 � be used to reduce or cancel the taxes here�n levied for said Refunding Bonds, Series B to the extent and in the manner permitted under Minnesota Statutes, Section 475•61(3) ; and the City otherwise reserves its right to further reduce taxes . levied for each Series of Refunding Bonds to the extent and � in the manner permitted in said Section 4?5.61, Subdivision 3. 17. Securities purchased from the monies in each ' Escrow Account shall be limited 'to securities set forth in � Minnesota Statutes, Section 475. 67 , Subdivision 8, and any � amendments or supplements thereto. Securities purchased for � each Escrow Account shall be purchased simultan�ously Vrith , . � the �elivery of the applicable Series of Refunding Bonds . The ; � � � City Council has investigated the facts and hereby finds and determines that the Northwestern National Bank of Saint Paul , � in Saint Paul, Minnesota is a suitable bank to act as Escrow Agent, and is qualified trrithin the meaning of the provisions " of Subdivision 7 of M.S.A. §475. 67. ' : i 18. The City hereby finds, dec�lares, and determines that the �axes herein Ievied and pledged to the payment \ of the Refunding Bonds, together with any other funds pledged ` hereunder tcs the payment of the Refunding Bonds, will produce E at least five percent in excess of the amount needed to meet j � when due the principal and interest payments on the Refunding . Bonds. . �_ '. 19. The Refunded Bonds shall be redeemed �and prepaid . in accordance with the terms and conditions set forth in the Notices of Call attached hereto as Exhibits B, C and D which . terms and conditions are hereby approved and ineorporated � ' herein by reference. , , 20. On or prior to the delivery of the Refunding Bonds the Ma.yor and the Director of Finance and Ma.na.gement Services are hereby authorized and directed to execute on behalf of the City said Escrow Agreement. All essential terms and conditions of such Escrow Agreement are hereby approved and adopted and ma.de a part of this resolution, and the City covena.nts tha.t it will promptly enforce all provisions thereof in the event of default thereunder by the Escrow Agent. -22- WH17E - CITV CLffRK COURClI �� 1�� PINK - FINANCE _�,.;> GANARV - DEPARTt�tENT G I TY OF SA I NT PA LT L � BLUE - MAVOR• , • � File NO. � ' Council Resolution ,� � Presented BY Referred To Committee: Date Out of Committee By Date 1� �� 21. The City Clerk is hereby directed to file a �, certified copy of this resolution with the County Auditor of L� - Ramsey County, Minnesota, together with such other infor- mation as he shall require, and to obtain from said Auditor his certificate that said Refunding Bonds have been entered in his Bond Register and that the tax levies required by law have been made and that the tax levies for the Refunded Bonds have been cancelled to the extent provided in this Resolution. 22. The officers of the City are hereby authorized and directed to prepare and furnish to the purchasers of the Refunding Bonds, and to the attorneys approving the legality of the issuance thereof, certified copies of all proceedings and records of the City relating to said Refunding Bonds and to the financial condition and affairs of the City, and such other affidavits, certificates and information as are required to show the facts relating to the legality and marketability o,f said Refunding Bonds as the same appear from the books and records under their custody and control or as otherwise known _ t� them, and all such certified copies, certificates and af- fidavits, including any heretofore furnished, shall be deemed r�presentations of the City as to the facts recited therein. -23- COUNCILMEN Yeas Nays Requested by Department of: Butler Hozza [n Favor ��. Hunt � Levine __ Against BY Rcedler Sylvester ' Tedesco Adopted by Council• Date �UN 2•4 � Form Approved b Cit Attor y Certifi asse by C cil Secreqery BY By ' Approve Mapor: D e Approved by Mayor for Submission to Councii By BY Pt�ts� JU� 3 197R ', , • r� � . ��' T• .'' �1 . ° �` • L` -�. �. . - . . 1 ' • � ♦ / 11:30 A.M. B Bi�,� delivered to Springsted Incorporated by ,the day of the sale,wili be carried to the sale. ' Telephone: 612/227-8318 Telecopier: 612/227-3145 . . p PLEASE SUBMIT BID IN DUPLICATE. It is preferred,but not mandatory,that this form be used. F To: Mr. Roger A. Mattson Date: June 8, 19]6 � � Director of Finance & Management Services R � City Hall � St. Paul, rlinnesota M ` ! Re: $6,000,000 G.O. Refunding Bonds of 1976, Series D For the bonds of this issue��iich shail mature and bear interest at the annuat rate, as follo�vs,we offer a . price of$ �,�.s�, dr.� and accrued interest tathe date of defivery. ' - S•7� 1978 t % 1984 -�,�% 1990 �.,5,�% 1996 � 2002 . y 1979 % t985 .-�d% 1991 �_�G % 1997 �t.,,y6 2003 % 1980 % 1986 �.� % 1992 _�/ 1998 _ x 1981 % 1987 �-/S% 1993 .>s% 1999 % 1982 �—% 1988 , cs % 1994 �✓.c,-./ 2000 % 1983 S': ?S_ % 1989 �% 1995 / % 2001 This offer, uniess extended by us, shail expire within four f4) hours of the time set for iu award. In the event of failure to deliver these bonds in aecordance with the Official Notice of Sals as printed in the Official Statement and m�da a part hereof,we reserve tfie right to withdraw our offer,whensupon the daposit accompanying it will be immediately returned. AII blank spaces of this offar are intentional and are not to be con�trued as an omission. We requesi that CUSIP numbers be printed on the Bonds and we witl pay CUS1P charges related thereto. ` (Strike if not applicable} ! Accou�t MembPrs � . i i � � � �'� S ` � � � r�f�.� � �`�..� � � ��"v C,.,�� {!` 1 .r � , Accoun M ager � � . ! � By• ,; �l� ..r � _�, .1��;�'—.._"�, I , �.i� . ------------------------------------------'-------------- — _ Not as a part of our offer, the above quoted prices being controlling,but only as an aid for tha verifieation of the offer,we have made the , _ i foltowing computations: ' � /+— (� � �. Received good fa�th check for retum m � V /C '! N ET 1 NTE REST COST $ � /_=;.�y� -�`��-.., bidder as of the date of this offer. i NET EFFECTIVE RATE '�i �— . �`O/a r � .-� r SPRINGSTED Incorporated by . . . . . . . . . . . �%/ �,'/a��~C,A� �. . . . . . . . . . . . . . . . . . . . . . The foregoing offer is hereby acce d by the addr e on the date of the offer by its following officers duly authorized and empowered to make suc acceptance. : " Director of Finance&Managernent Services Mayor f .. . : . f-��,.:i i _ Bids delivered to Springsted Incorporated by Z 1:30 A.M. ,the day of the sale,wili be carried to the sale. B �Telephone: 612/227-83t8 Telecopier: 612/227-3145 i D PLEAS� SUSMIT BID IN DUPLiCATE. It is preferred,but not mandatory,that this form be used. F To: Mr. Roger A. Mattson Date: June 8, 1476 � � Director of Finance & Management Services i City Hall R i St. Paul, Minnesota M � C Re: $4,05�,000 G.O. Refunding Bonds of 1976, Series A ` For the bonds of th�s issue y�ich shall mature and bear interest at the annual rate, as follows,we offer a � � price of$ r^ rs �� and accrued interest to the date of delivery. �/, 1979 , % 1984 �:'�✓% 1989 .��>� 1994 - � ,�.�,�-% 1980 y 1985 �"� 1990 �S.�-o°� 198I % 1986 .1•y % 1991 �v % 1982 % 1987 % 1992 X 1983 y�s� 1988 % L993 - This qfisr, unless extendad by us, sha11 expire within four (4) hours of the time�t for its award. In the event of � failure to detiver these bonds in accordance with the Official Notice of Sale as printed in the Qfficiaf Statement and made a part hereof,we reserve the right to withdraw our offer,whereupon the deposit accompanyio9 it will be immediately retumed. All blank spaees ot this offer are intentional and are not io be construed as an omiesion. We request that CUSIP numbers be printed on the Bonds and we witl pay CUSIP charges related thereto. � {Strike if not applicable) ` Account Members i _ � � � I �� , �; •,.�:��..:�-L � ;�c� �� T-. . � Acco�un.Ma r . �, .,� ��. B �'t �� x`-�'.-`�.5�.-___� I t y� -------------------------------------------------------------- � Not as a part of ouroffer, the above quoted prices being eontrotling,but only as an aid for the verifieation of the offer,we have mada the � following computations: r�r � ; .�- Receivsd good fa+th eheck for retum to t N ET I NTE REST COS7 $ �`��.,i'.!� ��='`vr� bidder as of the date of chis oHer. I NET EFFECTIVE RATE ��'"; 7S%�<��r"' � j � SPRINGSTED Incorporated by • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 The foregoing offer is hereby accepted by the addressee on the date of the offer by its foltowing officers ' , duly authorized and empowered to make such acceptance. � Director of Finance&Management Services Maya � . � � t � .. 1 � ' • Bids delivered to Springsted Incorporated by 11:30 A.M. ,the day af the sale,witl be carried to the sate. B � Telephone: 612/227-8318 Telecopier: 612/227-3145 � • ' D � PLEASE SUBMIT BID IN DUPLICATE. It is preferred,but�not mandatory,that this form be used. F To: Pir. Roger A. Mattson Date: June 8, 1976 � Director of Finance & Management Services ' City hall R ��, St. Paul, PSinnesota M i Re: $4,540,000 G.O. Refunding Bonds of 1976, Series B ; � j For the bonds of this issue which shall mature and bear interest at the annual rate, as fotlows,we offe�a . ' � price of$ j;�y�„�c�r and accr4ed interest to the date of detivery. � � ._� % 1979 % 1984 �,�'% 1989 �,c,r% 1994 ti % 1980 % 1985 •�Q � 1990 �„c�,% 1995 � % 1981 �'�"/, 1986 .•-� % 1991 ' % 1982 ��=YG% 1987 % 1992 i ,' % 1983 ,r:r�% 1988 % 1993 .�� , i � This offer,unieu extended by us, shall ezpire within four {4) hours of the time cet for its award. in the event of i , . failure to deiiver these bonds in accordanee with the Official No2ice of Sale as printed in the Offieial Statement � and made a part hereof,we reserve the right to withdraw our offer,whereupon the deposit axompanying it will be �� immediately returned. Atl btank spxes of this offer are intentional and are oot to be conrtrued as an omission, � i � We request that CUSIP numbers be printed on the Bonds and we will pay CUSIP charges retated thereto. j j (Strike if not applicable) 1 IAccount Members � � � , � � � ; �. �,. �� .0 z . f . � � � � �t �� . . ; , ; t � ey. .��;��c1� � ,v�---. � . -_=--------------------=---_____----------------------- - , _ ; Not as a part of our offer,the above quoted prices being conirolling,but o�ly as an aid for the verifieation of the offer,we Aave made the � ' following computations: ' N ET 1 NTE R EST COST' S ,/ RK�ived 9ood faith cheek for retum ta . ��/� � 7 7 bidder as of the date of this oHer. � NET EFFECTIVE RATE��' �,•r�>>�_��; °� 1 SPRINGSTED Incorporeted by i . . . . . . . . . . . . . . . . . . . . . . . . . ' The foregoing offer is hereby accepted by the addressee on the date of the offer by its following officers ' duly authorized and empowered to make such acceptance. ; � � ; Director of Finance&Management Services Mayo� i � . � . . . . .. . . .. .. . . � �. . . � ��"�� . � ��. .� � �_. ., + . EXHIBIT B NOTICE OF CALL FOR REDEMPTION $2, 200,000 URBAN RETdEWAL BONDS, SERIES 1975—L CITY OF SAINT PAUL , RAMSEY COUNTY MINNESOTA NOTICE IS HFREBY GIVEN that by order of the City Council of the City of Saint Paul, Ramsey County, Minnesota, there have i been called for redemption and prepayment on December l, 1985 outstanding bonds of the City designated as Urban Renewal Bonds, Series 1975-L, dated December l, 1975, bearing serial numbers 381 through 820, having stated maturity dates in the years 1986 through 1995, and totalling $2, 200,000 in principal amount. The bonds are being called at a price of par plus accrued interest to December l, 1g85, on which date all in- terest on said bonds will cease to accrue . Holders of the bonds hereby called for redemption are requested to present their bonds for payment, with December l, 1985 and subsequently maturing interest coupons attached, at The First National Bank of Saint Paul, in St. Paul, Minnesota or The Chase Manhattan Bank, N.A. , in New York, New York at the option of the holder, on December 1, 1985. Dated June 23, 1976. BY ORDER OF THE CITY COUNCIL /s/ Rose Mix City Clerk Additional information may be obtained from: SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 Telephone No. : 612-227-8318 . - y , ,---_ � �,��'�.� � ' ► �y EXHIBIT C NOTICE OF CALL FOR REDEMPTION $2, 870, 000 GENERAL OBLIGATION DOWNTOL�TN DEVELOPMENT DISTRICT N0. 1 BONDS, SERIES 1975 CITY OF SAINT PAUL � RAMSEY COUNTY MINNESOTA NOTICE IS HEREBY GIVEN that by order of the City Council of the City of , Saint Paul, Rams�ey County, Minnesota, there have ', been called for redemption and prepayment on December l, 1985 outstanding bonds of the City designated as General Obligation Downtown Development District No. l Bonds, Series 1975, dated December l, 1975, bearing serial numbers 347 through 920, having stated maturity dates in the years 1g86 through 1995, and totalling $2,870,000 in principal .amount. The bonds are being called at a price of par plus accrued interest to December. l, 1985, on which date a11 interest on said bonds will cease to accrue. Holders of the bonds hereby called for redemption are requested to present their bonds for payment, with December 1, 1985 and subsequently maturing interest coupons attached, at The First National Bank of Saint Paul, in St. Paul, Minnesota � or The Chase Manhattan Bank, N.A. , in New York, New York at the option of the holder, on December l, 1985. Dated June 23, 1976. BY ORDER OF THE CITY COUNCIL /s/ Rose Mix City Clerk Additional information may be obtained from: SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 Telephone No. : 612-227-8318 ., ��►��;.� .� . . ___ _ �.��_�, � , , EXHIBTT D NOTICE OF CALL FOR REDEMPTION � $4,400, 000 URBAN RENEWAL BONDS, SERIES 1974-K CITY OF SAINT PAUL `, RAMSEY COUNTY MINNESOTA NOTICE IS HEREBY GIVEN that by order of the City Council of the City of Saint Paul, Ramsey County, Minnesota, there have , been called for redemption and prepayment on October l, 1984 outstanding bonds of the City designated as Urban Renewal Bonds, Series 1974-K, dated October l, 197�+, bearing serial numbers C-321 through C-1200, having stated maturity dates in the years 1g85 through 2004, and totalling $4,400,000 in principal amount. The bonds are being called at a price of par plus a premium of $75. 00 per bond called plus accrued interest to October l, 1984, on which date all interest on said bonds will cease to accrue. Holders of the bonds hereby called for � redemption are requested to present their bonds for payment, with October l, 1984 and subsequently maturing interest coupons � attached, at The First National Bank of Saint Paul, in St. Paul, Minnesota or The Chase Manhattan Bank, N.A. , in New York, New York at the option of the holder, on October l, 1984. Dated June 23, 1976• BY ORDER OF THE CITY COUNCIL /s/ Rose Mix . City Clerk Additional information may be obtained from: SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 Telephone No. : 612-227-8318 � . i r'.r � . � Bids delivered to Springsted Incorporated by 11:30 A.M. ,the day of the sate,will be carried to the sale. B Telephone: 612/227-8318 Tefecopier:612/227-3145 � D PLEAS� SUBMIT BID IN DUPLICATE. It is preferred,but not mandatory,that this form be used. F f To: rir. Roger A. riattson Date: June 8, 1976 � I Director of Finance & Management Services j City Hall R � St. Paul, Minnesota M � Re: $4,050,000 G.O. Refunding Bonds of 1976, Series A � i For the bonds of th�s issue��ich shall mature and bear interest at the annuat rate, as foltows,we offer a � price of a��}�� and accrued interest to the date of delivery. �^,�/ 1979 , % 1984 �s�% 1989 ��'% 1994 - - ��% 1980 y 1985 ST,•, `/ 1990 �5..s0_% 1981 % 1986 .l.w % 1991 �v % 1982 % 1987 % 1992 % 1983 �: •►�% 1988 % 1993 - This otfer, unleu extended by us, shall expire within four (4) hours of the time set for its award. In the event of � failuro to del+ver these bonds in accordance with the Official Notice of Sa{e as printed in the Offieiaf Statement and made a part Aereof,we reserve the right to withdrew our offer,whereupon the deposit aceompaoying it wil{be immediately returned. All blank spaces of this offer are intentional and are not to be construed as an omi:sion. We �equest that CUSIP numbers be printed on tha Bonds and we will pay CUSIP charges related thereto. (Strike if not applicable) � Atxount Members - I � • � i �;�-,, � , � � � ••��L i � ; Accou Manag�r 1 v � tl { D 1 ' x�-'`'��-"'--^_._.- I Y� ^---------•---------------------------^------------------------- i Not as a part of our•offer, the above quoted prices being controtling,but only as an aid for the verification of the offer,we have mada the � foilowirg computations: r l • ; �- Receiwd good faith check for recum to ' N ET 1 NTE REST COST $ �`�,.:.ZsG ��`•3r bidder as of the date of this offer. � NET EFFECTIVE RATE �� 7S%'�t��.r"" % � � SPRINGSTEO Incorpordted by . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . � The foregoing offer is hereby accepted by the addressee on the date of the offer by its fotlowing officers � . duly authorized and empowered to make such acceptance. , Director of Finance&Ma�agement Services MaY� � , �• � ._.� • i,.. , � � Bids delivered to Springsted Incorporated by 11:30 A.M. �the day of the sale,will be carried to the sale. e � Telephone: 612/227-8318 Te{ecopier: 612/227-3145 � � D PLEASE SUBM17 BID IN DUPLICATE. It is preferred,but•not mandatory,that this form be used. F To: t1r. Roger A. Mattson Date: June 8, 1976 � Director of Finance & Pianagement Services ' City hall R 'i, St. Paul, Minnesota M � Re: $4,540,000 G.O. Refunding Bonds of 1976, Series B ! - ; For the bonds of.this issue which shall mature and bear interest at the annua{ rate, as follows,we offer a ! price of$ j��i��c-r and accrued interest to the date of delivery. � ,� - % 1979 % 1984 % 1989 �' _ � 1994 � �� i�.� .�.�- % 1980 % 1985 •'�'�s % 1990 j c,�,% I995 � % 1981 ��% 1986 .--o % 1991 �— �� % 1982 �S-yG% 1987 % 1992 ; , % 1983 ��% 1988 % 1993 . � ., - � 'fhis oHer,untess extended by us, shall ezpire within four (4) hours of the time set for its eward. In the event of i � � failure to deliver these bonds in accordance with the Official Notice of Sale as printed in the Official Siatement � and made a part hereof,we reserve the right to withdraw our offer,whereupon the deposit axompanying it will ba �� immedietely returned. All blank spaces of this offer are intentional and are not to be construed es an omission. 5 < �; We request that CUSIP numbers be printed on the Bonds and we witl pay CUStP charges related thereio. } t (StrifCe if not applicabte) 1t i Account Niembers � . \ � � � � �� ,� �� { � ,t ,n� j ` � ! c ^ \ q�� _ ey' • � ��''��O_ C YV- — i . ---------- --------------------- --------------------- - _ , - � Not as a part of our•offer,the ebove quoted prices being controtling,but ooly as an aid for the verifieation oi the offer,we have made the � � following computations: ' N ET I NTE R EST COST� � R��9�faith check for retum to , � � 7 � bidder as oi the date of this offer. ; NET EFFECTIVE RAT E� -�` �,f r�'!,;__�F °,6 i � SPRINGSTED Incorporated by ' The foregoing offer is hereby accepted by the addressee on the date of the offer by its following officers i duly authorized and empowered to make such acceptance. � � � Mayor ; Director of Fina�ce&Management Services � .` � _ _ � , �' . r� �. .� . ` . °� ' t� -t. i: . . . . ` �r � , � � t 11:30 A.M. B Bisfs delive�ed to Springsted Incorporated by ,the day of the sate,will be carried to the sale. � Telephone: 612/227-8318 Telecopier: 612/227-3145 . D PLEASE SUBMIT BID IN DUPLICATE. It is preferred,but not mandatory,that this form be used. F To: Mr. Roger A. Mattson Date: June 8, 1976 p � Director of Finance & Management Services i City Hall R � St. Paul, Minnesota M � � • i ; Re: $6,000,000 G.O. Refunding Bonds of 1976, Series D j For the bonds of this issue �.vhich shai{ mature and bear interesi at the annuat rate, as fotlows,we offer a I. price of$ ,�„�r� dr.� `�and accrued interest ta.ths date of delivery. - ' � S•7.S% 1978 t % 1984 -��% 1990 �,�% 1996 % 2002 � 1979 % I985 .-�n% 1991 /.��% 1997 �-:�/ 2003 % 1980 y 1986 �,�% 1992 _L% 1998 � 1981 % 1987 �-lS% 1993 �s% 1999 % 1982 % 1988 r r % 1994 �/ 2000 % 1983 � 7S=% 1989 ��% 1995 r % 2001 This offer, untess extended by us, shatl expire within four (4) hours of tfie time sat for its award. In the evsnt of : failure to deliver these bonde in accordance with the Official Notiee of Sale as printed in the Official Statement and mada a part hereof,we reaerve the right to withdraw our ofter,whereupon the deposit accompanying ii will be ' immediately returned. AII blank spaces of this ofter ara intentional and are not to be eonstrued as an omissian. We request that CUS1P numbers be printed on the Bonds and we wil{ pay CUS1P charges related thereto. (Strike if not applicabie) ccount Members � ' A � ( �4 I � - � � 'w ( I + _ �. � �. � f 1 '� � '�� \ .� ' . f'�-/,� � L.f;�� ,� L�- � •Aeeoun�M nager � ► � �� 6y: �,� 'S�/��_ . ��Y`"/��"� ! I -----"�--�"---'�--------------'_--�'�------.��.�.—J----�'— ------ . . -- � .. Nor as a part of our offer, the above quoted prices heing controlting,but onty as an aid for the vei�fication of the offer,we have made the � following computations: � '� � Received good fa�ifi check fw retum to � NETfNTERESTCOST $ ��G-�y�'_`�- bidderasofthedateofthisoHer. � NE7 EFFECTIVE RATE � %�r:.�..� ' �� SPR�ruGSZeoin�orPorateaby � . � .,�_ . % s-'` ,l« ji`!� r j , . . . . . . . . . . . . . . . . . . . � . . . . . . . . . . . . . . e': .L'.� . . . The foregoing offer is hereby acce d by tha addr e on the date of the offer by its fotlowing officers duly authorized and empowered to make suc acceptance. : ' Mayor Director of Finance&Management Services t . , •• i 1 Bids delivered to Springsted Incorporaied by 11:30 A.M. ,the day of the sale,wilt be carried to the sate. B Telephone: 612/227-8318 Tetecopier: 612/227-3145 � D PLEAS� SUBMIT BID IN DUPLICATE. It is preferred,but not mandatory,that this form be used. F To: Mr. Roger A. Mattson Date: June 8, 1976 Director of Finance & Management Services � City Hall R ! St. Paul, rlinnesota M � Re: $4,050,000 G.O. Refunding Bonds of 1976, Series A � I For the bonds of th�s issue��ich shali mature and bear interest at the annual rate, as foltows,we offer a � price of�T�-T7�� and accrued interest to the date af delivery. �% 1979 , % 1984 ��Sry 1989 .��.`% ].994 � �S•�% 1980 �C 1985 ,«l�% 1990 ��/ 1981 % 1986 .1.•r % 1991 �T�v �6 1982 y 1987 % 1992 ! % 1983 �.►�� 1988 % L993 � This offer, unleu extended by us, shall expirt within four (4► houn of the time�t for its award. In the event of i failure to deliver thex bonds in accordance with the Official Notice of Sale as printed in the OffieiaF Statement and made a part hereof,we reserve the right to withdraw our offer,whereupon the deposit axompanying it witl be immediatety returned. All 61ank spaces ot thn offer are intentional and are not to be eonstrued as an omission. We request that CUSIP numbers be printed on the Bonds and we wil! pay CUSIP charges related thereta (Strike if not applicable) Account MembPrs � �� \';�r�_, `�� :.��iL � - � ` , Account Ma ag8r ' �.1 � �✓-j ,�� ^ i sy• ��..�� i � ---------•---------------------------------------- ----------- ' Not as a part of our offer, the above quoted prices being controlling,but onty as an aid for the veri£eatiort of the offer,we have mada the � followirg tomputations: �J - ` �"'— Receivxl good faith check for retum to ' N ET 1 NTE R EST COST $ `�" ,.:3.S�G ��`v�'� bidder as of the date of thi:offer. � NET EFFECTIVE RATE s� 7S%�c!l�"" °�6 � SPRINGSTED Incorporated by i . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 7he foregoing offer is hereby accepted by the addressee on the date of the offer by its following officers � . duly authorized and empowered to make such acceptance. Directar of Fi�ance&Management Services Mayor � . •�'�. �' � Y � Bids delivered to Springsted tncorporated by 11:30 A.M. ,the day of the sale,wili be carried to the sate. B Telephone: 612/227-8318 Telecopier: 612/227-3145 � , D PLEASE SUBMIT BID 1N DUPLICATE. It is preferred,but.not mandatory,that this form be used. . F To: Mr. Roger A. Aiattson Date: June 8, 1976 � Director of Finance & Management Services � City hall R St. Paul, Piinnesota M � Re: $4,540,000 G.O. Refunding Bonds of 1976, Series B r ' For the bonds of.this issue which shalt mature and bear interest at the annua! rate, as follows,we offer a - y � price of$ j�;�yo,s t.-� and accrued inte�est to the date of delivery. � . % 1979 % 1984 % 1989 �.�,r-% I994 . , �� % 1980 � 1985 .�'Q % 1990 �a,c�,% 1995 � % 1981 �% 1986 .•�G % 1991 ` % 1982 �S�y,,r�� 1987 % 1992 i , °C 1983 ,r.�� 1988 % 1993 . � , � This offer,uniess extended by us,shall expire within four (4) hours of the time cet for iu award. ln the event of y � faiture to detiver these bonds in aceordance with the Officiat Notice of Sete as printed in the Official Statement ! and made a part hereof,we reserve the ri9hi to withdraw our offer,whereupon the deposit axompanying it will be �� immediately returned. Atl blank zpaces of this offer are intentional and are not to be constrved as an omission. t � We request that CUSIP numbers be printed on the Bonds and we will pay CUSIP charges related thereto. yt (Strike if not applicable) / • 1 Account Members � � , � , 1 , � � _ c , �`�-`',�`�,� !�,� . � `T v nt M nager . j � � sy: � ��`;2�� c .'�!`�"�' , . ; . ---------------------------- --------------------------- � Not as a part of our�offer,the above quoted prices being controlking,but only as an aid for the verifieation of the offer,we have made the i � following computations: Reeeived 9ood faith check for retum to ' N ET 1 NTE R EST COST''�$� ��. 7 � bidder as of the date of this otfea ; NE7 EFFECTIVE RATE� ;� �>>�>>r_:t� % ; ' - � , SPRINGSTED Incorporatrd by i ' The foregoing offer is hereby accepted by the addressee on the date of the offer by its following officers ' duly authorized and empowered to make such acceptance. + � � ; Director of Finance&Management Services Meyoc i •� . � . . ... . . � . ... . . . _. . • � . • � � . �' [� .r �� • L1 :.� l, �� ' 11:30 A.M. B Bids delivered to Springsted Incorporated by ,the day of the sale,will be carried to the sale. ' 7elephone: 612/227-8318 Telecopier: 612/227-3145 • D PLEASE SUBMiT BID IN DUPLICATE. It is prefsrred,but not mandatory,that this form be used. � F To: Mr. Roger A. Mattson Date: June 8, 1976 O i Director of Finance & Management Services R � City Hall ' St. Paul, Minnesota M � f Re: $6,000,000 G.O. Refunding Bonds of 1976, Series D For the bonds of this issue��iich shal{ mature and bear interest at the annual rate, as follo�vs,we offer a 1 - price of$ �� da,� and accrued interest to the date of delivery. - � S•7� 1978 t �6 1984 -��% 1990 ��5.�% 1996 % 2002 - y 1979 % 2985 ..c�% 1991 ��X 1997 �0 2003 � 1980 % 1986 �.�,r % 1992 �_/ 1998 Y 1981 � 1987 �-�S% 1993 .>s% 1999 x 1982 �—% 1988 , � % 1994 �/ 2000 � 1983 �': 7.3_ y 1989 ,.�% 1995 I % 2001 This olfer, untess extended by us,shait expire within four (4) houn of the time set for iu award. In the event of faiiure to deliver these bonds in accordance with the Official Notice of Sats as printed in the Officia! Statemtnt and rtsade a part hereof,we re�erve the right to withdraw our offer,wheraupon the deposit accompanying it will bo � immediately returoed. AII blank spxes of this offer aro intentional and ere not to be constrved as en omission. We request that CUSIP numbers be printed on the Bonds and we will pay CUStP charges related thereta (Strike if not applicable} Account Membnrs ' { � � i � � t ' � . nS -� � ih� � , � l � �=;-/,�! '� .L„f�� i�'. � ` •Accoun M nager � ,`� i { BY� \lh '��1�. �� I ------------"-`-------------------'^---------`��;-----^---------- . Not as a part oi our offer,the above quoted prices being controlling,but only as an aid for the verification of the offer,we have made the i fotlowing computations: ! `�� Received good fa7th cheek for retum to N ET 1 NTE R EST COST $ `��G-�.'_=`��Sr"`�-� bidder as of the date of this offe►. � NET EFFECTIVE RATE �%i: ..- � ��- SPRINGSTEOIncorporatedby � _ � �-/ '=��r'.r i' . . . . . . . . . . . . . . . . . . . . . . . . . r. . _: . . . . . . . . . The foregoing offer is hereby acce d by tha addr e on the date of the offer by its following officers duly authorized and empowered to make suc acceptance. : Mayor Director of Finance&Management Services � .• r=�j f" , Bids delivered to Springsted Incorporated by 11:30 A.M. ,the day of the sale,wili be carried to the sale. B ' Telephone: 612/227-8318 Telecopier: 612/227-3145 � D PLEAS� SU8MIT BID IN DUPLICATE. It is preferred, but not mandatory,that this form be used. F ( To: Mr. Roger A. Mattson Date: June 8, 1976 � ! Director of Finance & Management Services j City Hall R ; St. Paul, rlinnesota M � i Re: $4,050,000 G.O. Refunding Bonds of 1976, Series A � I � For the bonds of th�s issue which shall mature and bear interest at the annual rate, as fo{lows,vve offer a � price of� � ��and accrued intPrest to the date of delivery. �r,�% 1979 � % 1984 �': {J% 1989 ��'� I994 - - ,t-. �% 1980 % 1985 ��^. , % 1990 s�o:% 1981 % 1986 .�.� % 1991 �hv % 1982 % 1987 % 1992 % 1983 �:�% 1988 % 1�93 - This offer, unfeu extended by ue, shall expire within four (4) hours of the time�t for its award. In the event oF { faiture to deliver these bonds in accordance with the Official Notice of Sate as printed in tha Officiaf Stat�tnent � ' and made a part hereof,we reserve the right to withdraw our offer,whereupon the deposit accompanying it will be immediately returned. All blank spaces of this ofEer are intentional and are not to be eonstrued as an omissi4n. We request that CUSIP numbers be printed on the Bonds and we will pay CUSIP charges related thereto_ (Sirike if not applicable) Account Members { �� 1 '��;?�s�_. .C,�L � : Account Ma r j 6y; �� t, ! ,i � � �: x�y,�'3�..-.___- ` ` --------• ------------------------------------- ---------- i Not as a Dart of our offer, the above quoted prices 6eing co�trolling,but only as an aid for the verifieation of the offer,we have made the following eomputatione: �� ; �" Recaivsd good faith eheek for retum to N ET 1 NTE R EST COST $ �`��35��; �G��J bidder as of the date of this offer. � NET EFFECTIVE RATE � 7S%�t�v'' 96 { � SPRINGSTEO Incorporated by - � . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . � � The foregoing offer is hereby accepted by ihe addressee on the date of the offer by iis fol{owing officers . duly authorized and empowered to make such acceptance. � - Director of Finance&Management Services Maya ; . `� �� ' • Bids delivered to Springsted Incorporated by 11:30 A.M. �the day of the sale,wi11 be carried to the sale. B Telephone: 612/227-8318 Telecopier: 612/227-3145 � � D PLEASE SUBM(T BID IN DUPLICATE. It is preferred, but•not mandatory,that this form be used. F To: Pir. Roger A. Mattson Date: June 8, 1976 � Director of Finance & Planagement Services � City hall R St. Paul, Plinnesota M � Re: $4,54Q,000 G.O. Refunding Bonds of 1976, Series B � For the bonds of this issue which shall mature and bear interest at tf�e annuaf rate, as fo(lows,we offer a � , � � price af$ /�i�o,�=.-C and accrued interest to the date of delivery. , � . S � �_� % 1979 % 1984 ��% 1989 �,G,t-% 1994 : ; % 1980 % I985 •'�GS % 1990 �„c,�.% Z995 � % 1981 r�� 1986 ..-� Y 1991 - � % 1982 �4^YG% 1987 % 1992 ; ,— % 1983 ,r-r�% 1988 � 1993 � 'f'his offer,unless exte�ded by us,shall expire within four (4) hours of the time set for iu award. In the evartt of i � faiture to deFiver these bonds in accordance with the Official Notiee of Sale as printed in the Official Statement ? and made a paR hereof,we reserve the right to withdraw our offer,whereupon tfie deposit aceompanying it will be �� immedietely returned. All b�ank spaces of this offer are intentional and are not to be constnied as an omission. �' � We request that CUSIP numbers be printed on the Bonds and we witl pay CUSIP charges related thereio. i + {Strike if not applicable) t � Account Nembers � � � � � .��^�� Z f � ' � Ace ,t M nager _ . j � i � �'.ti � ey: - ' ��;�� C 'w`''- 1 . ------------------------------------------- ----------------- , - � Not as a part of our•oNer,the above quoted prices being controlling,but only as an aid for the verification oi the offer,we have made the - , following computations: ,/ Reeeived good faitfi ct�eek for�etum to ; N ET 1 NTE R EST COST' $_ �S,7 ry bidder es of the date of this oHw. � NE7 EFFECTfVE RAT��`. �:f,�'!,�_-z�; % i � SPRtNGSTED Incorporated by f ' The foregoing offer is hereby accepted by the addressee on the date of the offer by its following officers ; duly authorized and empowered to make such acceptance. ; t � � Director of Finance&Management Services Mayo� 0 � . .� • �. e - °� l+ w. �. � . � .�. .. . � 11:30 A.M. B Bids delivered to Springsted Incorporated by ,the day of the sale,wiil be carried to the sa1e. ' Telephone: 612/227-8318 Te(ecopier: 612/227-3145 . p PLEASE SUBMIT BID IN DUPLICATE. It is preferred,but not mandatory,that this form be used. F 70: Mr. Roger A. Mattson Date: June 8, 1976 0 � Director of Finance & Management Services ! City Hall R � St. Paul, Minnesota M � I � Re: $6,000,000 G.O. Refunding Bonds of 1976, Series D � For t he bonds af this issue hich si�al{ mature and bear interest at the annua! rate, as foilo�vs,we offer a I. price of$ �.�a�.7r dr.,� and accrued interest tathe date of delivery.: : _ l S•7� 1978 � % 1984 -T�% 1990 �% 1996 � 2002 � % 1979 � I985 .-�a% 1991 �,�% 1997 ��-t�,� 2003 � 1980 % 1986 /�,�r% 1992 _�� 1998 % 1981 % 1987 �-/S% 1993 ,��d7 1999 �6 1982 Y 1988 , � % 1994 `;n.t-�% 2000 J °, 1983 S': �s_% 1989 � % 1995 T / � 2001 This offer, untess extended by us, shall expire wiihin four (4) hours of the time aet for its award. Fn the event of failure to deliver these bonda in xccordance with the Official Notiee of Sale as printed in the Official SWtement and mada a pari hereof,we reserve the right to withdraw our offer,whereupon the deposit accompanying it wil{be ' immediately returned. Atl blank spxe�of this offer are intentional and are not to be construed as an omission. We requesi that CUS1P numbers be printed on the Bonds and we wil{ pay CUSIP charges related thereto. (Strike if not appticable} Accou�t Members • i � , � I � . . . .w ' I . . � � . ,: r 1 1 � � �1,�� - . - � � ��\I . r L. . . . �� . Accoun M nager . � t ; . t -------------By• __.l� '\��_�_'`2�i�-�v ---- i � Not as a part of our offer, the above quoted priees being coatrolling,but only as an aid for the verification of the offer,we have made the �, . + following computations: � • /�^ ��- Received good fa�th check io►retum to N ET I NTE REST COST � V� ��G-�y�"�'� bidder as of the date of this offer. i NET EFFECTIVE RATE ��ri:" � �O� SPFtINGSTED�ncorRo�atedby � . . . . . . . . . . . . / v-/c`";,,K'•l �. . . . . . . . . . . . . . . . . . . . . �� The foregoing offer is hereby acce d by tha addr e on the date of the offer hy its foltowing officers duly authorized and empowered to make suc acceptance. ' Mayor Director of Finance&Management Services i . . � '��A�i��.�. , �.� -y EXHIBIT B NOTICE OF CALL FOR REDEP�IPTION $2, 200,000 URBAN REPdEWAL BONDS, SERTES 1975-L CITY OF SAINT PAUL RAMSEY COUNTY MINNESOTA NOTICE IS HEREBY GIVEN that by order of the City Council of the City of Saint Paul, Ramsey County, Minnesota, there have i been called for redemption and prepayment on December l, 1985 �utstanding bonds of the City designated as Urban Renewal Bonds, Series 1975-L, dated December l, 1975, bearing serial numbers 381 through 820, having stated maturity dates in the years 1986 through 1995, and totalling $2, 200, 000 in principal amount. The bonds are being called at a price of par plus accrued interest to December l, 1985, on which date all in- terest on said bonds will cease to accrue. Holders of the bonds hereby called for redemption are requested to present their bonds for payment, with December l, 1g85 and subsequently maturing interest coupons attached, at The First National Bank of Saint Paul, in St. Paul, Minnesota or The Chase Manhattan Bank, N.A. , in New York, New York at the option of the holder, on December l, 1985- Dated June 23, 1976 . BY ORDER OF THE CITY COUNCIL /s/ Rose Mix City Clerk Additional information ``�, may be obtained from: SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 Telephone No. : 612-227-8318 - ��ry C; l, ( ��_�. EXHIBIT B NOTICE OF CALL FOR REDEMPTION $2, 200,000 URBAN REPIEWAL BONDS, SERIES 1975-L CITY OF SAINT PAUL RAMSEY COUNTY MINNESOTA NOTICE IS HEREBY GIVEN that by order of the City Council of the City of Saint Paul, Ramsey County, Minnesota, there have f been called for redemption and prepayment on December 1, 1985 outstanding bonds of the City designated as Urban Renewal Bonds, Series 1975-L, dated December l, 1975, bearing serial numbers 381 through 820, having stated maturity dates in the years 1986 through 1995, and totalling $2, 200, 000 in principal amount. The bonds are being called at a price of par plus accrued interest to December l, 1985, on which date all in- terest on said bonds will cease to accrue. Holders of the bonds hereby called for redemption are requested to present their bonds for payment, with December 1, 1985 and subsequently maturing interest coupons attached, at The First National Bank of Saint Paul, in St . Paul, Minnesota or The Chase Manhattan Bank, N.A. , in New York, New York at the option of the holder, on December 1, 1985• Dated June 23, 1976 , BY ORDER OF THE CITY COUNCIL /s/ Rose Mix City Clerk Additional information `��! may be obtained from: SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 Telephone No. : 612-227-8318 (T � '�' �0 �.�i�� ' . .� _� � EXHIBIT B NOTICE OF CALL FOR REDEMPTION � $2, 200,000 URBAN REPIEWAL BONDS, SERIES 1975-L CITY OF SAINT PAUL RAMSEY COUNTY MINNESOTA NOTICE IS HEREBY GIVEN that by order of the City Council of _ the City of Saint Paul, Ramsey County, Minnesota, there have . � been called for redemption and prepayment on December 1, 1985 outstanding bonds of the City designated as Urban Renewa� Bonds, Series 1975-L, dated December l, 1975, bearing serial numbers 381 through 820, having stated maturity dates in the years Zg86 through 1995, and totalling $2, 200,000 in principal amount. The bonds are being called at a price of par plus accrued interest to December 1, 1985, on which date all in- terest on said bonds will cease to accrue. Holders of the bonds hereby called for redemption are requested to present ` their bonds for payment, with December l, 1g85 and subsequently maturing interest coupons attached, at The First National Bank of Saint Paul, in St. Paul, P�tinnesota or The Chase Manhattan Bank, N.A. , in New York, New York at the option of the holder, on December l, 1985• Dated June 23, 1976. BY ORDER OF THE CITY COUNCIL /s/ Rose Mix Ci.ty Clerk � Additional information � may be obtained from: SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Pau1, Minnesota 55102 Telephone No. : 612-227-8318 . ! , ` - ' �� / ��`9 � 9 EXHIBIT C NOTICE OF GALL FOR REDEMPTION $2,870, 000 GENERAL OBLIGATION DOWNTOt�IN DEVELOPMENT DISTRICT N0. 1 BONDS, SERIES 1975 C2TY OF SAINT PAUL t , � RAMSEY COUNTY MINNESOTA � NOTICE IS HEREBY GIVEN that by order of �he City Council of the City of , Saint Paul, Rams�ey County, Minnesota, there have � been called for redemption and prepayment on December l, 1985 outstanding bonds of the City designated as General Obligation Downtown Development District No. .l Bonds, Series 1975, dated December 1, 1975, bearing serial numbers 3�7 through 920, having stated maturity dates in the years 1g86 through 1995, and totalling $2,870,000 in principal amount. The bonds are being called at a price of par plus accrued interest to December l, 1g85, on which date all interest on said bonds will cease to accrue. Holders of the bonds hereby called for redemption are requested to present their bonds for payment, with December l, 1985 and subsequently maturing interest coupons attached, at � The First National Bank of Saint Paul, in St. Paul, Minnesota • or The Chase Manhattan Bank, N.A. , in New York, New York at the op�ion of the holder, on December 1, 1985. Dated June 23, 1976. BY ORDER OF THE CITY COUNC2L /s/ Rose Mix City Clerk Additional information s may be obtained from: . � SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 TeZephone No. : 612-227-8318 `• �/' � �,: ��_� EXHTBIT C NOTICE OF CALL FOR REDEMPTION $2,870, 000 GENERAL OBLIGATION DOWNTOWN DEVELOPMENT DISTRICT N0. 1 BONDS, SERIES 1975 CITY OF SAINT PAUL i RAMSEY COUNTY MINNESOTA NOTICE IS HEREBY GIVEN that by order of the City Council of the City of , Saint Paul, Rams�ey County, Minnesota, there have ', been called for redemption and prepayment on December l, 1985 outstanding bonds of the City designated as General Obligation Downtown Development District No. 1 Bonds, Series 1975, dated - December l, 1975, bearing serial numbers 347 through 920, having stated maturity dates in the years 1986 through 1995, and totalling $2,870,000 in principal amount. The bonds are being called at a price of par plus accrued interest ico December. l, 1985, on which date all 3nterest on said bonds will cease to accrue . Holders of the bonds hereby called for redemption are requested to present their bonds for payment, with December l, 1985 and subsequently maturing interest coupons attached, at The First National Bank of Saint Paul, in St. Paul, Minnesota or The Chase Manhattan Bank, N.A. , in New York, New York at the option of the holder, on December l, 1985- Dated June 23, 1976. BY ORDER OF THE CITY COUNCIL /s/ Rose Mix City Clerk Additional information may be obtained from: . SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 Telephone No. : 612-227-8318 . `� �'��:�.�_� EXHIBIT C NOTICE OF CALL FOR REDEMPTION $2,870, 000 GENERAL OBLIGATION DOWNTO��TN DEVELOPMENT DISTRICT N0. 1 BONDS, SERTES 1975 CITY OF SAINT PAUL � RAMSEY COUNTY MINNESOTA NOTICE IS HEREBY GIVEN that by order of the City Council of the City of , Saint Paul, Rams�ey County, Minnesota, there have `�, been called for redemption and prepayment on December l, 1985 outstanding bonds of the City designated as General Obligation Downtown Development District No. 1 Bonds, Series 1975, dated - December l, 1975, bearing serial numbers 347 through 920, having stated maturity dates in the years 1986 through 1995, and totalling $2,870, 000 in principal .amount. The bonds are being called at a price of par plus accrued interest to December l, 1985, on which date all interest on said bonds will cease to accrue. Holders of the bonds hereby called for redemption are requested to present their bonds for paymen�, with December l, 1985 and subsequently maturing interest coupons attached, at The First National Bank of Saint Paul, in St. Paul, Minnesota or The Chase Manhattan Bank, N.A. , in New York, New York a'c the option of the holder, on December l, 1985- Dated June 23, 1976. BY ORDER OF THE C�TY COUNCIL /s/ Rose Mix City Clerk - Additional information may be obtained from: . SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 Telephone No. : 612-227-8318 . '- � �r. � �'71.�� EXHIBIT D NOTICE OF CALL FOR REDEMPTION � � $4,400,000 URBAN RENEWAL BONDS, SERIES 1974-K CITY OF SAINT PAUL t RAMSEY COUNTY MINNESOTA NOTICE IS HEREBY GIVEN that k�y order of �he City Council of the City of Saint Paul, Ramsey County, Minnesota, there have . , been called for redemption and prepayment on October 1, 198�4 outstanding bonds of the City designated as Urban Renewal Bonds, Series 1974-K, dated October l, 1974, bearing serial numbers � � C-321 through C-1200, having stated maturity dates in the years 1985 through 2004, and totalling $4,�400,000 in principal amount. The bonds are being called at a price of par plus a premium of $75. 00 per bond called plus accrued interest to October l, 1g8�4, on which date all interest on said bonds will cease to accrue. Holders of the bonds hereby called for • . redemption are requested to present their bonds for payment, with October l, 1984 and subsequently maturing interest coupons attached, at The First lVational Bank of Saint Paul, in St. Paul, Minnesota or The Chase Manhattan Bank, N.A. , in New York, New York at the option of the holder, on October 1, 1984 . Dated June 23, �976. BY ORDER OF THE CITY GOUNCIL /S/ Rose Mix . City Clerk Additional information may be obtained from: � SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 Telephone No. : 612-227-8318 \ 6� ♦ �,' "4��-� � 1,'J'�. r EXHIBIT D NOTICE OF CALL FOR REDEMPTTON � $4,400, 000 URBAN RENEWAL BONDS, SERIES 1974-K CITY OF SAINT PAUL '� RAMSEY COUNTY MINNESOTA NOTICE IS HEREBY GIVEN that by order of the City Council of the City of Saint Paul, Ramsey County, Minnesota, there have ; been called for redemption and prepayment on October l, 1g84 outstanding bonds of the City designated as Urban Renewal Bonds, Series 1974-K, dated October l, 1974, bearing serial numbers C-321 through C-1200, having stated maturity dates in the years 1985 through 2004, and totalling $4,400, 000 in principal amount. The bonds are being called at a price of par plus a premium of $75. 00 per bond called plus accrued interest to October l, 1984, on which date all interest on said bonds will cease to accrue . Holders of the bonds hereby called for � redemption are requested to present their bonds for payment, with October l, 1g84 and subsequently maturing interest coupons attached, at The First Ivational Bank of Saint Paul, in St. Paul, Minnesota or The Chase Manhattan Bank, N.A. , in New York, New York at the option of the holder, on October l, 1984 . Dated June 23, ?976. BY ORDER OF THE CITY COUNCIL /s/ Rose Mix . City Clerk Additional information may be obtained from: SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 Telephone No. : 612-227-8318 • ,, ' ��,! � e.�� s _� EXHIBIT D NOTICE OF CALL FOR REDEMPTION � $4,400,000 URBAN RENEWAL BONDS, SERIES 1974-K CITY OF SAINT PAUL 'i RAMSEY COUNTY MINNESOTA NOTICE IS HEREBY GIVEN that l�y order of the City Council of the City of Saint Paul, Ramsey County, Minnesota, there have been called for redemption and prepayment on October l, 1g84 outstanding bonds of the City designated as Urban Renewal Bonds, Series 1974-K, dated October l, 1974, bearing serial numbers C-321 through C-1200, having stated maturity dates in the years 1985 through 2004, and totalling $4,400,000 in principal amount. The bonds are being called at a price of par plus a premium of $75. 00 per bond called plus accrued interest to October l, 1984, on which date all interest on said bonds will cease to accrue . Holders of the bonds hereby called for � redemption are requested to present their bonds for payment, with October l, 1984 and subsequently maturing interest coupons attached, at The First lvational Bank of Saint Paul, in St. Paul, Minnesota or The Chase Manhattan Bank, N.A. , in New York, New York at the option of the holder, on October l, 1984 . Dated June 23, 1976. BY ORDER OF THE CITY COUNCIL /s/ Rose Mix . . City Clerk Additional information may be obtained from: SPRINGSTED INCORPORATED Suite 813 Osborn Building Saint Paul, Minnesota 55102 Telephone No. : 612-227-8318 \