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261283 WH17E - CITY CLERK . COl1IIC11 ��1�83 PINK - FINANCE GIT�Y OF SAINT PAUL CANARV - DEPARTMENT � � BLUE - MAVOR i File NO. o ncil Resolution �� ' Presented By � Referred To Committee: Date Out of Committee By Date RESOLVED, That pursuant to the authority contained in Minnesota Statutes, Section 475.71, the Council of the City of Saint Paul, does hereby authorize the Mayor, the Direetor of the Department of Finance and Management Services, and the City Clerk to issue 2 registered bondsof the City of Saint Paul in the amount of $5,000 each to Josephthal & Co. , New York, New York, in exchange for Registered Bonds Numbered 3335 and 3336 respectively, issued in lieu of Water Works Bonds, Series 1959A, dated September 1, 1959, 3�,60%, due September 1, 1982, Numbered 35973 to 35982, inclusive; said registered bonds to be issued at the office of the Department of Finance and Management Services, and to be done under the direction and supervision of the Sinking Fund Committee; provided, however, that such registered bonds so issued shall not incur any new liability on the City or extend the time of m��i�,i�,eof the coupon bonds which have been authorized or issued, and in place of which�islsx� ordered issued, but shall only bind the City to the same manner and to the same extent as bound by said coupon bonds, or as provided in and by Chapter 475, Minnesota Statutes; the manner of cancella- tion of such registered bonds and the forai of registered bonds to be as prescribed by the Sinking Fund Cougnittee. Th.e Department of Finance and Management Services is authorized to pay current interest on such registered bonds by check. , ,� COUIVCILMEN Requested by Department of: Yeas Nays x�,��r��e�er-�- Finance and Management Service�' Konopatzki In Favor Director Levine Meredith � A ainst BY ��Roedler g Barbara Asbury Tedesco Mme.President�Bo�t,�c Hunt 1 � �� MAY Form Approved y C'ty Attorney Adopted by Council: Date � !� Certifi P sed by Co il tary BY By Approve by or� Dat� � Approve by May ub ' ion to o cil By By �Q�