259711 ORIOINAL�O CITY CL6RK � F-+�V��1
CITY OF ST. PAUL �LE NCIL NO.
.
- � ` OFFICE OF THE CITY CLERK
COUNCIL ESOLI�TION—GENERAL FORM
PRESENTED BY � C\'� ��
COMMISSIONE ` ppTF
J
RESOLVED, Tha.t pursua.nt to the authority contained in Minnesota
Statutes, Section 475.71, the Council of the City of Saint Paul does
hereby authorize the Ma.yor, Head ',of the Department of Fina.nce and
City Clerk to issue a registeredlbond of the City of Saint Paul in
the amount of $100,000.00 to Michigan Millers Mutua.l Insurance
Company, La.nsing� Michigan, in excha.nge for $100,000.00 City of
Saint Paul General Improvement Bonds, Series No. 10, 3�%, due
August 1, 1981, with 8/1/72 and SCA, Numbered 59501 through 59520
coupon boncls; saicl registered bond to be issued at the Office of
the Department of Finance, and to be done under the direction and
supervision of the Sinking Fund Committee; provided, however, tha.t
such registered bond so issued sha.11 not incur any new liability on
the City or extend the time of ma.turity of the coupon bonds which
have beeri. -au"tlaorized or issued, and in place of which it is ordered
issued, but sha.11 only bind the City in the same manner and to the
same extent as bound by said coupon bonds, or as provided in and
by Cha.pter 475, Minnesota Statutes; the ma.nner of eancellation of
such surrendered coupon bonds and� the form of registered bond to
be as prescribed by the Sinking Fund Committee. The Depa.rtment of
Fina.nce is authorized to pay current interest on such registered
bond by check.
FCRM PPROVEC .
�
� �ss J�City Ai.tr�,��nt� �
. SEP 20 1972
COUNCILMEN Adopted by the Counci� 19�
Yeas Na�s g p 1972
��r Hunt SEP _
��� Konopatzki .— �! pprove 19—
�\�
Levine s Tn Favor �� (� � ���
ere J Mayor
Sprafka
A gainat
�
Mr.�President, 1�t�4i� But le r
PUBLISHED SEP 2 3 1972 ��
o��.,�„���„� 259�711
. CITY OF �T. PAUL ��� NO
• : r OFFICE OF T E CITY CLERK
" COUNCIL RESOLUTI N—GENERAL FORM
����
COMMISSIONE� �ATF
i
I
RESOLVED, That pursuant to �he authority contained in Minnesota
Statutes, Section 475.71, the Co�iiicil of the City of Saint Paul does
hereby authorize the Mayor, Head �of the Departuient of Finance and
City Clerk to issue a r�Qistered 'bond of the Citv of Saint Paul in
the amaunt of 100 000.00 to Michi an Millers Mutual Insurance
Company, Lansing, Michigan, in e�¢chat�ge for $100 000.00 Cit o ° _
Saint Paul General Improvement s , 3��, due
�st �l, 1981, with 8 1/72 a�d CA, Numbered 59501 thr h 59520
coupon bonds; said registered bo to be issued at the Office of
the Degartment of Finance, and to� be done under the directio�and
supervisi�on of the Sinking Fund dommi�ee;� provided, ho�wever, that
such registered bond so issued sh�all not incur any new liability on
the City or extend the time of maGturity of the coupon bonds which
have been authorized or issued, alnd in place of which it is ordered
issued, but shall only bind the CSity in the aame 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 surrendered coupon bonds and the form of registered bond to
be as prescribed by the Sinking �nd Cocamittee. The Department of
Finance is authorized to pay curxtent interest on such regfstered
bo�d by check. '
. i
I
'' sEP a o �97�
COUNCILMEN � Adopted by the Cotm�� 19_
Yeae Naye '�
� �it � 0 1972 �s-
�t� xonopatzki Approv� SEP Z
Levine �
rn Favor
1 Mayor
"1p�a' V A aninst
�
Mr.sPresident, M�� Butler
��
I .