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257457 ORIOINAL`TO CITY CLHRK ��r�/�� CITY OF ST. PAUL couNCi� 4 - :� ' OFFICE OF THE CITY CLERK ti�E NO ' � COUNCIL RESOLUTION—GENERAL FORM PRBSENTED BY „ COMMISSIONE ATF �i ' �r'HERE�IS, Chapter 475 , Minnesota Statutes 1969, as amended, provides �tha�: the governing body of any municipality issuing general obligati.ons shall , prior to the delivery of the obliga— tions , levy by res�lution a direct general ad valorem taa upon al.l taxable property in the municipality, to be spread upon the tax rolls for each year of the term of the obligations , and said law also provides that the tax levies for all years shall be specified and such that if collected in full they , together with estimated collections of special assessments and other revenues �ledged for the payment of said obligations , will produce at least five percen.t (5�fo) in excess o� the amounts needed to meet, when due , the principal and interest payments on the obligations , and said law further provides that said resolution shall create a separate sinking fund for each issue of obligations , and shall irrevocably appropriate the taxes so �. levied and any special assessments or other revenues so pleclged � to tha1; fund or account ; now, therefore , be it RESOLVED, That for the purpose of providing for the _ payment of t�ie principal and inl;erest upon the �4, 500,000 Capital Improvement Bonds , Series 1972, issued and sold, �� autho�i�;e� by �es� iu±�:.cn o�' th�� cu.,czl , Co�.x�zcil ��1� No. 257131, when and as the same mature� and for an addi— tional direct tax in an amount not less than five percent (5/0) in ex_cess of the sum required to pay such principal and interest when the same mature , there is hereby levied on all of the taxable property in the City of Saint Paul , in addition to all other taxes , a tax for the payment of said �4, 500,000 of bonds , tine foilawin� ui�e��, u«��;a�, y:ra��cable t�xes , to—wit: F4RM APPROVED: , � �d G;,z.�� Asst. Corporation Coun ei COUNCILMEN Adopted by the Counci� 19— Yeas Nays Butler _ Caxlson Approve� ' 19— Levine _�n Favor Meredith Sprafka Mayor Tedesco A Sainst Mr. President, McCarty �� , , �� Page 2. �t� �� 1 : , + Tax Required By Chapter 475, Minnesota Budget Tax For Tax gor Statutes 1969 in excess Total Year Principal Interest of Principal and Interest Tax 1972 $ - $ 85,837.50 $ 4,291.88 $ 90,129.38 1973 450,000.00 163,237.50 30,661.87 643,899.37 1974 450,000.00 _� 146,362.50 � 29,818.13 626,180.63 1975 450,000.00 i � 129,487.50 28,974.37 _ � 60�,461.87 1976 450,000.00 112,612.50 28,130.63 S '� 590,743.13 1977 450,000.00 95,737.50 27,286.87 573,024.37 1978 450,000.00 78,862.50 26,443.13 555,305.63 1979 450,000.00 61,987.50 25,599.37 537,586.87 1980 450,000.00 44,775.00 24,738.75 519,513.75 1981 450,000.00 27,000.00 23,850.00 500,850.00 1982 450,000.00 9 ,000.00 22,950.00 481,950.00 $4,500,000.00 $954,900.00 $272,745.00 $5,727,645.00 r ORIOINA�TO CITY CLHRK ��J��5� ; . :• CITY OF ST. PAUL FOENCIL NO. - ; � � ' OFFICE OF THE CITY CLERK � � � COUNCIL RESOLUTION—GENERAL FORM `RRESEj�ITED BY COMMISSIONEQ ' �ATF �.€;E? , �I�P. 1�: FURTHER RESOLti'ED, That in tYie event �ny principal and interes�L come due prior i;o �;he receipt of tYie pr. oceeds of sai.d ta�es , i. t shall Ue paid promptly, when due , out of i,he general fund of trie said Ci.i�y of Sain1; Paul , a.iid reimbursc,�merit theref'oi shall be n�ade when sai.d ta�es shall have been recei.veci ; be i_t FIJR.TI�FR RESOL�iED, Tl1a t Lhe�°e slial.l_ be created �, separ. ate sinking fund , or a special accoizn� i.n t;he sinl�ing fund , for said obligations , and i;liat the t�zxes received i'or �t.he p��yment t.hereof are hereby irre��ocably appropri.ated �;o said account , arid �that tlie City Clerk be an.d is hereb�� instructed to file in i;he oi'fi.ce of the CountS� Auditor of Ramsey County a cer. tified copy of this Resolu�;ion, together with full ini'ormation regarding �he bonds for which this ta� is levi.ecl, and tY�e City Clerk is hereby ordered and directed to secure from the County Audii;or a certificai�e ttiat he has entered the obligations in the t�� register as required under the provisi.ons of Chapter 475 , Minnesota Sta�;utes 1y69 , as amended, and that the tax levy required for the pur��ose has been macle ; Ue i�; FliRTH�R RESOLVED, Tha1; before i�lie saic] bonds �hall be delivei ed to i;he purchaser, tlie Council of the City of S�int Paul shal.]_ obtain from tlie County Auditor and deliver to th.e purchaser a certiiicate of the Coul.ity Audi t,or t��at. tl�P issup ..a� beeii ei�tei-e�I uri iiis regisier and that a �;ax has been levied as required by law , in accordance with the provisions of Chapter 475 , Minnesota Statutes 1g6g, as amended; be it FURTHER RESOLVED, That such taxes shall be collected and tlie payment thereof enforced at �he same time and with and in like manner as other taxes of the City of Saint Paul , and when collected shall be used solely f.or paying the interesi; and principal of s�,id bonds when and as the same mature ; be it FURTHER RESOLVED, That in compliance with and for the purpose specified by the pertinent provisions of said Chapi,er 475 , hlinnesota Statutes 196g, as amended, said special sinking fund in 1;he n�,tur. e of a special account in the regular Sinlcing Fund of the City o� Saint Paul hereby is creat;ed. FEg 1 g 1972 COUNCILMEN Adopted by the Counci� 19— Yeas - �Taya Butler F E g .18 197� �m�c Conway 19— Levine �jn Favor Meredith � Sprafka � r Tedeaco A Sainst Mr. President, McCarty � PUBLISHED �EB 2 3 1972_ �� o��.,�,�,��,� - 25'745'7 , CITY OF ST. PAUL �uwca ND ' - `� OFFICE OF THE GITY CLERK � � COUNCIL RESOLUTIOI�k-GENERAL FORM ��s�� . COMMISSIONER DA'�'R WHEREAS, Chapter 475, Minnesota �tatutes 1969, as amended, � provides that the governing body of any municipaiity issuing general obligations shall , prior to the delivery of the obliga- tions, levy by resolution a direct gene ral ad valorem tax upon .all taxable prQperty in the municipality, to be spread upon the tax ro11s for each year of the term of the obligations , and said law also provides that the tax levies for all years shall be specified and such that if collected in full they , together with eatimated collections of special assessmen.ts � and other revenues pledged for the payment of said obligations, will produce at least five percent (5�) in excess of the amounts needed to meet, when due, the principal and interest payments on the obligati.ons , and said law iurther provides that said resolution shall create a separate sin.king fund for each is sue af obligations, and shall irrevocably appropriate the taxes so ,� levied and any special assessments or other_ revenues so pledged � to that fund or account; now, therefore , be it . RESOLVED, That for the purpose of providing for the - payment of the principal and interest upon the �4,500,000 Capital Improvement Bonds, Series 1972, issued and sold, as authorized by Resoiution of this Council, Council File No. 257131, when and as the same maturej and for an addi- tional direct tax in an amount not less than five percent , (5�) in e7�cess of the suw required to pay such principal and interest when the same mature , there is hereby levied on aIl o� the taxable property in the City of Saint Paul, in addition to all other taxes, a tax" for the payment of said �4, 500,000 of bonds, the following direet, annual, irrevocable taxes, to-wit: COUNCILMEN Adopted by the Connc� 18�. Yeas Nays � Butler Carlson Appro°� ' 18— Levine T*+ Favor Meredith �a9or �5'pTAfka A rn►ingt Tedesco Mr. Preaident, McCarty �9 � - Page 2. ,G�� A � Tax Required By Chapter 475, Minnesota Budget � Tax For Tax For � Statutes 1969 in excess Total Year ' Principal Interest of Principal and Interest Tax —�= 1972 / $ - $ 85,837.50 $ 4,291.88 $ 90,129.38 1973 ,� 450,000.00 163,237.50 30,661.87 643,899.37 1974 450,000.00 146,362.50 29,818.13 626,180.63 1975 450,000.00 129,487.50 28,974.37 608,461.87 1976 450,000.00 112,612.50 28,130.63 590,743.13 1977 450,000.00 95,737.50 27 ,286.87 573,024.37 1978 450,000.00 78,862.50 26,443.13 555,305.63 1979 450,000.00 61,987.50 25,599.37 537,586.87 1980 450,000.00 . 44,775.00 24,738.75 519,513.75 1981 450,000.00 27,000.00 23,850.00 500,850.00 1982 450,000.00 9 ,000.00 22,950.00 481,950.00 $4,500,000.00 $954,900.00 $272,745.00 $5,727,645.00 DSIrLICAT6 TO rRINT�R � G��L{5� . - CITY OF ST. PAUL c�uNG� •_ , : " � � ' � OFFICE OF THE CITY CLERK �+� NO- , . CbUNCIL RESOLUTION—GENERAL FORM PIt�ENTED 6Y COMMISSIONER �ATG Page 3. be it FURTHER RESOLVED, That in the event any principal and interest come due prior to th+e receipt of the proceeds of said taxes, it shall be paid promptly, when due , out of the general Yund oY the said City of Saint Paul, and � reimbursement therefor shall be made when said taxes shall have been received; be it � FURTHER RESOLVED, That there shall be ereated a separate sinking fund, or a special account in the sinking fund, for said obligations , and that the taxes- received for the payment thereof are hereby irrevocably appropriated to said account, and that the � City Cierk be and is hereby instructed to fil� in the office of the County Auditor of Ramsey County a certified copy of this Resolution, together with full information regarding the bonds for which this tax is levied, and the City Clerk is hereby ordered and directed to secure from the County Auditor a certificate that he � has entered the obligations in the tax re�;ister as required under the provisions of Chapter 475, Minnesota Statutes i9G9, as amended, and that the tax levy required for the purpose has been made; be it FURTHER RESOLVED, That before the said bonds shall be delivered to the purehaser, the Couneil of the City of Saint Paul shall obtain from the County Auditor and deliver to the purchaser a certificate of . �_ the County A�ditor that the issue has been entered on his register and that a tax has been levied as required by law, in aecordance with the provisions of Chapter 475, Minnesota Statutes 1g69, as amended; be it 'FURTH�R RESaLVED, That such taxes shall be collected and the payment thereof enforced at the same time and with and in like , m,anner as other taxes of the "City of Saint Pau1. , and wh�n collected shall be used solely for paying the interest and principal of said bonds when and as the same mature ; be it FUftTHER RESOLVED, That in campiiance with and for the purpose specified by the pertinent provisions of said Chapter 475 , Minnesota Statutes i96g, as �mended, said special sinking fund in the nature of a special account in the regular Sinking Fu�d uf 'the City of S`aint . Paul hereby is created. COUNCILMEN • Adopted by the Co�mcit FEB 1 8 �97�g_ Y� - -: rra� � � FE8 18 1972 Bu�� App�v�'� • 19_ Levine Tn Favor Meredith /l Sprafka U �y� Tedeaco AS��t Mr. President, McCarty : . ��8 - � � � FiLED �� 6TATE OF MII]NESOTA ) �EB �� (�� CERTIFICATION � AS TO TAX LEVY ) SS ��TY CL�RK'S 4f FICE AND REGISTRY OF BONDS UPON COUNTY OF RAMSEY ) ST PAUL� MINN. COUNTY AUDITOR�S BOND REGISTER I, the undersigned, being the duly qualified County Auditor of Ramsey County, do hereby certify that there was filed in my office on the 22nd day of February , 19 72 , a certified copy of Council File No. 257457 adopted February 18, 1972 by the City Council of the City of Saint Paul levqing taxes for $4,500,000 Capital Improvement Bonds. Series 1972 as the same fall due and to pay and discharge the principal and interest thereof when due. It is further certified that pursuant to Section 475.63 Minnesota Statutes � Annotated that said boad issue has been entered and registered upon the County - Auditor's bond register File No: 730 and that such tax for the payment thereof has been levied 8s required by law. WITNESS, my hand and official seal this 22nd day of February __, 19 72 . ' LOU McKENNA COUNTY AUDI'fOR, COUNTY OF RAMSEY By: - Deputy Enter in B nd Register D puty County Auditor � �� - � ��2 I�.�plr4 '�Z . . 6T:'�TE OF MII�IESOTA ) �CERTIFICATION AS TO TAX LEVY ) SS F1'�� AND REGISTP.Y OF BONDS UPON • �'OUNTY OF' RAMSEY ) . COUNTY AUDITOR'S BOND REGISTEF I, the undersigned, being the duly qualified County Auditor of Ramsey County, do hereby certify that there was filed in my office on the 22nd day of February , 19 72 , a certified copy of Council File No. 2574�7 adopted February 18, 1972 by the City Council of the City of Saint Paul � levying taxes for $4,500,000 Ca.pital Improvement Bonds. Series 1972 � �as the same fall due and to pay and discharge the principal and interest thereof - when due. ' _ , - - " , It is further certified that pursuant to Section 475.63 riinnesata Statutes ' Annotated that said bond issue has been entered and registered upon the County • Auditor's bond register File No: 730 and that such tax for the payment thereof has been levied as required by law. _ ' WITNESS, my hand and official seal this 22nd day of February , 19 72 . , . , ' � � LOU Mct:ENNA COUNTY AUDITOR, COUNTY OF RA2�LSEY . Bq. ' . Deputy Ente d in Bond Register D puty County Auditor ' ii�I1�D � , . 6T�TE OF MIN�TESOTA ) ��;2�- .;`��.��. �CERTIFICATION AS TO TAX LEVY ) SS � � � AND REGISTP.Y OF BONDS UPON • COUNTY OF RAMSEY ) �� . COUNTY AUDITOR'S BOND REGISTEP _ . ' �i�.�.il'1#1#N. . I, the undersigned, being the duly qualified Couaty Auditor of Ramsey County, do hereby certify tha� there was filed in �y office on the 22nd day of _ February , 19 72 , a certified copy of Council Eile No. 257457 ; adopted February 18, 1972 by the City Council of the City of Saint Pau1 � levying taxes for _ $4,500,000 Ca�ital Improvement Bonds. Series 1972 �as the same fall due and to pay and discharge the princfpal and interest thereof . when due. � - It is further certified that pursuant to Section 475.63 Minnesota Statutes - Annotated that said bond issue has been entered and registered upon the County • Auditor's bond register File No: 730 and that such tax for the payment thereof has been levied As required by law. ' , WITNESS, u�y hand and official seal this 22nd day of February , 19 �Z . -� � LOU McKE�INA ' COUNTY AUDITOR, COUNTY OF RAMSEY . By: - DeputY Ente in Bond Register puty County Auditor _ February 18, 1972 Hc�n. Lnu McKenna County .�uditor C�urt House Dear Sir: .�:ttached hereto ie a c�rt�.f'i�d copy of �ouncil File No. 257�+57� ��opted by the C3.ty Council Februaxy 18, 19`72, levyin� taxes for ther $�t'Sfl4,000 Capital Improv�ment �anc�s� geriea� 197�. In conf'cjrmazaee �.�h the term� of the resolution„ we wo�il.d �ppree?�.ate yrour providing us with six arigiaal c�r duplic�te orlginal certificates to tb.e �ffect t2�at you have entered the obligationa 3n tl�e �� reg�.�ter �nd that the tax levy has been lri+�lde. V�:ry truly yours� City Cl�rk n� � , +�i: . �� 1 � � . .. � . . . lt..' �,�. t' S�' l�BtlxU,Bry 2�t 1.97C Hal��y-Stttsxt & Gb.s Inc. 3C� 8rase st. Nea York, New Yorl� ,�tt,,,�,ez�tic�tt: I�r.Richard A. Capolongo G�ntlemen: En^1os�d is a certificai:e aP L�u �Ic�etuta, Ra�sey Uounty Anditor, to the effeet tha� he ha�s 18vied fia�e� to pro- vide for the paymen� of princi�.l, and inter�st on the bon8� describect in th� certiPicate. Very truly y�t�,rat�, City Clerk � REGISTERED N0. � � �� os K�f Va�ue $ Special � .-.�`' MN GA � Delwery ,C � Retum � r �n �! Reg.Fee $ Receipt g ? j r Handling Restricted �� ' Charge � Delivery $ + �` � •-''' v, g � $ O� � � AIRMAIL `Y�*�,� , -�-�i•'� • Posta e ,��,,�•�� POSTMASTER(By) MAILING OFFICE FROM � ------------ - - -- ---- -- -- ------"�� - --�� 0 � ----------------------------------- - ------------ ------ TO . -------------- °-- - - —� �----- -------- �� ^ ��-� � � � � � . . 3AVE .THIS RECEIPT FOR REGISTERED MAIL �VERAGE—Domestic insurance for registered mail is limitec} to (1) the value of the article at the time of mailing or the cost of re- placement if lost or totally damaged, or (2) the cost of repairs, Coverage may not exceed the limit fixed for the registry fee paid. Consult postmaster for additional details of insurance limits and soverage for domestic registered mail. • FILING CLAIM—Ctaim must �e filed within 1 year from the date of mailing. Present this receipt and submit evidence of value, cost of repairs, or cost of duplication. FOREIGN COUNTRIES—Consult postmaster as to insurance coverag �on registevEd articles addressed to foreign cc>untries. OPO fe70-406-H00 PS Form 3806,Oct 1970 I �E�F�R:�s sKe•t�NN�►w Gnfneti�rs�s��al� �"J FURNISH�.SE�YIt��By �NDI�A'�£�i'B�t Ct1�G�'-�CQ� ; ; . 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