262588 WH17E - CITY CLERK 1 262588
PINK - FINANCE COUI1C11
BLUERY - MAVORTMENT GITY. OF SAINT PALTL File NO.
C 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 Pau1, does hereby authorize the Mayor, the Director of
the Department of Finance and Management Services, and the City Clerk to issue a
registered bond of the City of Saint Paul in the amount of $20,000 to Jerold David Krouse,
Natchez, Mississippi, in exchange for Registered Bond No. 3476 issued in lieu of School
Improvement Bonds, Series No. 6, dated March 1, 1958, 3%, due March 1, 1988, Numbered
19614 to 19633, inclusive; said registered bond to be issued at the office of the Depart-
ment of Finance and Management Services, and to be done under the direction and supervision
of the Sinking Fund Committee; provided, however, that such registered bond so issued
shall not incur any new liability on the City or extend the time of maturity of the coupon
bonds which have been authorized or issued, and in place of which they are 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
cancellation of such registered bond and the form of registered bond to be as prescribed
by the Sinking Fund Committee. The Department of Finance and Management Services is
authorized to pay current interest on such registered bond by check.
CQU�TCILMEN
Yeas �r.ier Nays Requested by Department of: �, )J .�
� Finance and Management ervices
6</ Gzt,
Konopatzki In Favor Director
Levine /1
� � A ainst BY ' ��`� �'�
� Roedler g Barbara Asbury
Te esco
�r � NOY 1 6 1973 Form Approved by City Att r ey
Aaopte� y�o�u����Date
Certi ied a ed by Co y BY
By
Approv by . Date V 1 9 19 Approved or for S ission to Council
gy By
Pu6usN�o N8V�21 1973