250245 � `�� ' �5����
OlQ161NAL TO CITY CLHRK �
�; • • CITY OF ST. PAUL FIOENCIL NO.
, '� OFFICE OF THE CITY CLERK
,
COUNCIL RESOLUTION-GENERAL FORM
PRESENTED BY
COMMISSIONE ATF
�• WI�REAS� Chapter 475, Minnesota Statutes 1g6g,
provides that the governing body of any municipality
issuing general obligations shall, prior to the delivery of
the obligations , levy by resolution a direct general ad
valorem tax upon all 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 pledged for the
payment of said obligations , will produce at least five per
centum (5�) in excess of 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 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 ���000�000
Urban Renewal Bonds , Series 19'70F, issued and sold, as
authorized by Resolution of this Council, Council File No.
249940, when and as the same mature , and for an additional
direct tax in an amoun.t not less than five per centum (5°fo)
in excess 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 addi-
tion to all other taxes, a tax for the payment of said
�3,000,000 of bonds, the following direct, annual , irrevocable
taxes, to-wit:
ORM APPROVED .
_ c�
Asst. Corporatiun Couns I
COUNCILMEN Adopted by the Council 19_
Yeas Nays
Butler
Carlson Approved 19�
Levine �n Favor
Meredith Mayor
Sprafka
A gainat
Tedeaco
Mr. President, McCarty
^��
4 � � � � �SC��-�S
Page 2.
�
TAX REQUIRED BY
CHAPTER 475, MINNESOTA
BUDGET TAX F� TAX FOR STATUTES, 1969, IN EXCESS TOTAL
YE� _ PRTTT(:TPAT. INTEREST OF PRINCIPAL AND INTEREST �AR
1971 -- $ 180,000.00 $ 9,000.00 $ 189,000.00
1972 -- 180,000.00 9,000.00 189,000.00
1973 $ 90,000.00 180,000.00 13,500.00 283,500.00
1974 90,000.00 174,600.00 13,230.00 277,830.00
1975 100,000.00 169,200.00 13,460.00 282,660.00
1976 100,000.00 163,200.00 13,160.00 276,360.00
1977 100,000.00 157,200.00 12,860.00 270,060.00
1978 100,000.00 151,200.00 12,560.00 263,760.00
1979 105,000.00 145,200.00 12,510.00 262,710.00
1980 105,000.00 138,900.00 12,195.00 256,095,00
1981 105,000.00 132,600.00 11,880.00 249,480.00
1982 105,000.00 126,300.00 11,565.00 242,865.00
1983 105,000.00 120,000.00 11,250.00 236,250.00
1984 105,000.00 113,700.00 10,935.00 229,635.00
1985 110,000.00 107,400.00 10,870.00 228,270.00
1986 110,000.00 100,800.00 10,540.00 221,340.00
1987 110,000.00 94,200.00 10,210.00 214,410.00
1988 110,000.00 87,600.00 9,880.00 207,480.00
1989 110,000.00 81,000.00 9,550.00 200,550.00
1990 110,000.00 74,400.00 9,220.00 193,620.00
1991 110,000.00 67,800.00 8,890.00 186,690.00
1992 110,000.00 61,200.00 8,560.00 179,760.00
1993 110,000.00 54,600.00 8,230.00 172,830.00
1994 110,000.00 48,000.00 7,900.00 165,900.00
1995 115,000.00 41,400.00 7,820.00 164,220.00
1996 115,000.00 34,500.00 7,475.00 156,975.00
1997 115,000.00 27,600.00 7,130.00 149,730.00
1998 115,000.00 20,700.00 6,785.00 142,485.00
1999 115,000.00 13,800.00 6,440.00 135,240.00
2000 115,000.00 6.900.00 6,095.00 127,,,�95.00
$3,000,000.00 $3,054,000.00 $302,700.00 $6,356,700.00
/
O�IGINAL TO CITY CLHRK ���� ��
� , CITY OF ST. PAUL couNCa NO.
' � OFFICE OF THE CITY CLERK FILE
• � COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DATF
Page 3.
be it
FURTHER RESOLVED� That in the event any principal and interest
come due prior to the receipt of the proceeds of said taxes, it shall
be paid promptly, when 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; be it
FURTHER RESO LVED, That there shall be created a separate sink-
ing fund, or a special account in the sinking fund, for said obliga-
tions , and that the taxes received for the payment thereof are hereby
irrevocably appropriated to said account � and that the City Clerk be
and is hereby instructed to file in the office of the Gounty 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 Audito r a certificate that he has entered the obligations in
the tax register as required under the provisions of Chapter 475,
Minnesota �Statutes ig69, and that the tax levy required for the
purpose has been made ; be it
FURTHER RESOLVED� That before the said bonds shall be del ivered
to the purchaser� the Council of the City of Saint Paul shall obtain
from the County Auditor and deliver to the purchaser a certificate of
the County Auditor that the issue has been entered on his register and
that a tax has been levied as required by law, in accordance with the
provisions of Chapter 4'75, Minnesota Statutes 1969; be it
FURTHER RESOLVED� That such taxes shall be collected and payment
thereof enforced at the same time and with and in like manner as other
taxes of the City of Saint Paul , and when collected shall be used
solely for paying the interest and prin.cipal of said bonds when and
as the same mature ; be it
FURTHE R RESOLVED� That in compliance with and for the purpose
specified by the pertinent provisions of said Chapter 475, Minnesota
Statutes 1969, said special sinking fund in the nature of a special
account in the regular Sinking Fund of the Gity of Saint Paul hereby
is created. AUG 2 8 1970
COUNCILMEN Adopted by the Council 19—
Yeas Nays
sut�er AUG 2 �. 19�a
Caxlson e� 19�
��' n Favor
Meredith
yor
Sprafka
A gainat
�edesco
Mr. President, McCarty
������ME� SEP 11970
�
, o��:�,n.�.�,� 250��5
• CITY OF ST. PAUL FI�UNCIL NO
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION—GENERAL FORM
PRESHiT6D/Y
COMMISSIONER �ATF
t��tBA�, Chapt�r #?Sr Mian��ota Statnts• i969,
pra�st th,at ths so��rain� body o!!°��eq► sgaloipality
i�snin� ��nsr�l obligation� �hsll, prior to t►�+r dili�ery o�
the �blisstio�u, levy► by re�ol�tiom a direot �eaerai sd
�ralor�v taz npoa all taubls propsrty !a the �uAioi�alit�r,
to be �pr�ad npoa �be tss roll� ior �aoh year oi th• ter�
oi tho obliaation+r, sad �aid 1aM al�o provid�• tha# ths iaz
le�ie• for all yesr. �rhall b+� •p�0ilisd e�nd �nah tLst ii
ooll�ot�d in tuil �hey, tos�tber Mi�h .stiutsd ooll�otions
o! �p�oial a��e�saeats and othes re�nnna• pledssd tor the
pa�nt o! •aid oblisstion�, ri11. pr�a►dao� at lea�t iive per
o�ntv� (g�) i.n �zoesr uf the a�onnt• nesdsd �o tiret, nhea
8ae* t6e psl:to�pa�, aud lntsr��t psytont� oa tl� obiisation��
and said lsr i»rtlw r provid�• that said r��olution a�all
oreat� a ��parats •inlcin� tnnd ior ssoh l��ne o! obli�atio��
aad �hal3 irre�ooably appropriats tb• taac�� �o l��isd snd aa�r
�p�oial o�����a�at• or oth�r revsnne� �o pl�d�ed to that itt�id
or a000unt; noM� thsr��ore� 'be it
TtB80LVBD, Thst !or i6e pnrpo�s o! pro�►idin� ior the
ps�n� oi ths prisoip�►1 and iat�ra�t opo� th• ���000,000
IIrDan R�n�ral Honda, ��ri�s 19701", i��u�d and •old, a�
anthorls�d by B��olutioa oi thi• Cow�oil, Cowae�il !`il• lfo.
Q�994o, �rh�n aatd a� th� �u� �ature , and ior �tn sdditio�uti
dir�ot ta�c in an a�onnt aot ls�• tLan �i�e psr owtn� (S�j
in ezoes� ot th• � r�qnirsd to psy weh prinoip�i snd
iater��t rh�n �hi sa�s uture, thir� !s her��y le�led on ali
ot thi tazabl• prop�rtr ia tL� City o! Saint, Paal; in addi- �
tion to al l other ts=��� a tu ior t�h� pa�sat oi satd
�3�000�0�0 ot bond�� ttt� !ollo�►in� air�ot, w�tual� i�r�trooable
tas��, ta�-v�t s
COLTNCII..DREN Adopted by the Counci� 19_
Yeas Nays
Butler
Carlson Approv� 19�
Levine rn Favor
Meredith
Mayor
Sprafka
A aninat
Tedesco
Mr. President, McCarty
��
. �
� Page 2 . �5�� �5
TAX REQUIRED BY .
CHAPT�R 475, T�IINNESOTA
g UDGET TAX F OR TAX F OR STATUTES, 19K9, IN EXCESS TOTAL
YE� p��7p�T. �,NTEREST OF PRINCIPAL .yND INTEREST TAX
1971 -- $ 180,000.00 $ 9,000.00 $ 189,000.00
1972 � -- 180,000.00 9,000.00 189,000.00
1973 $ 90,000.00 180,000.00 13,500.00 283,500.00
1974 90,000.00 174,600.00 13,230.00 277,830.00
1975 100,000.00 169,200.00 13,460.00 282,,660.00
1976 100,000.00 163,200.00 13,160.00 276,360.00
1977 100,000.00 157,200.00 12,860.00 270,060.00
1978 100,000.00 151,200.00 12,560.00 263,760.00
1979 105,000.00 145,200.00 12,510.00 262,710.00
1980 105,000.00 138,900.00 12,195.00 256,095,00
1981 105,000.00 132,600.00 11,880.00 249,480.00
1982 105,000.00 126,300.00 11,565.00 242,865,00
1983 105,000.00 120,000.00 11,250.00 236,250.00
1984 105,000.00 113,700.00 10,935.00 229,635.00
1985 110,000.00 107,400.00 10,870.00 228,270.00
1986 110,000.00 100,800.00 10,540.00 221,340.00
1987 110,000.00 94,200.00 10,210.00 214,410.00
1988 110,000.00 87,600.00 9,880.00 207,480.00
1989 110,000.00 81,000.00 9,550.00 200,550.00
1990 110,000.00 74,400.00 9,220.00 193,620.00
1991 110,OOOa00 67,800.00 8,890.00 186,690000
1992 110,000.00 61,200.00 8,560.00 179,760.00
1993 110,000.00 54,600.00 8,230.00 172,830.00
1994 110,000.00 48,000.00 7,900.00 165,900.00
1995 115,OOOo00 41,400.00 7,820.00 164,220.00
1996 115,000.00 34,500.00 7,475.00 156,975.00
1997 115,000.00 27,600.00 7,130.00 149,730.00
1998 115,000.00 20,700.00 6,785.00 142,485.00
1999 115,000.00 13,80Q.00 6,440.00 135,240.00
2000 115,,000.00 6.900.00 6,095.00 127,995.00
$3,000,000.00 $3,054,000.00 $302,700.00 $6,356,700.00
. o�:,w�,��� 250;��5
. , ` � CITY OF ST. PAUL F�uNCa NO
OFFICE OF THE CITY CLERK
. COUNCIL RESOLUTION--GENERAL FORM
PRESENT�{Y
COMMISSIONE� �A*�
Ps�e �.
b� i t
ilr'OBTS�B �fOLV�D, That in ths .�ont aay prinoipai anQ int�ss�t
oo�� 1ln� prior to tbs rec�ipt oi t,hs proos�d� o! �s�cl ta�c��, it �hail
b� paid pro�ptl'� Mh�s dus� ont oi the ��n�ral iund o! ths �aid City
ot 3aint Psul, a►nd rsi�bnr��a��t �ti�reior �ha►11 b� rurfle M��a said
tue� tAall han be�n r�o�iosd� b� it
!'t�T�S R�sOLiBD, Thst th�re shall be orest�d a •eparat• �1alc-
in� lund, or a �peaial a000unt ia the •inkin� i`und� ior �aid obll�a-
tion�, and that ths tszs� rsoeived tor ths pay�ssnt th+sr�oS sre hsreby
irr��ooably approp�fstsd to swid a000unt� aad tlut the Oity alerl� bs
�tnd i� her�by iiutrqoted to iile in �be oiiioe ot t6s t3ounty Aod#tor
o! �r�y Coun�y a oer�liisd oopy oi this lte�olutlon, to��thsr Mith
inll inior�atioa rssardin� t6e bosd. ior r�hioh thi� taz 1• l��i�d,
and tH� Oity C1•rlc i• hersby ord.red and direot.d to �eonra troa t�h�
Com�tty J1�ditor a oestilioat� �hat be has eatersd tha obiisatios� in
t4� taz ris�i�ter as i*eqnirsd undsr th� provi�ion� of G'��p�er �75,
Mimu�ota 8latut�• t969, +�sd tha� tbs tas l�vy r�quir�d �o= th�
puspo�• ba� b��a �de; be it
�8 BESOLYED, That b�iore the said bond• �hsll b� del i�ss�+fd
to tbe gnrolta�er, the Connall oi th� City oi Saint Pwl �ali ob�sin
lre� �he Conaty Auditor and deli�er to ths ��iorvha�er s oertiiio��� ot
tk� Coaaty /Uxlltor that the i�rne ha►� l�t�n entossd on hi� rs�iat�r �ntd
t�at a tau tis� e�en l��led a� r�qnired by lar, ia aoeardaa�� Mitb tb�
pra�ri�iosr o! Chspt�� 475, Mian��ota 8tatnts• i969; b� it
,
FETRT�It lt8l�OLYED, That snob taz�• •hall b� ooll�ot�d and payieat
tLer�ot enioroed at �he •a�� ti�o and xi�h ax�d in liY• ��utn�r �� oth�r
t�ucs� of the City ot 3aiat Papl, aud rhsn oollsoted �rhall b� n�sd
�olelr !or payia� ths iaters�t and prinoipal o! �sid bond• r►hen aad
a� �lh� •au�� �a►tnre ; be it
F'tT1iT�A flB�tOLVED� 'lhat ia oo�pli,anos rit� end ior the puspo�s
�p�o!lied by tb� g�rtinont p�ro�►ition� oi �aid Ctiapt�r �75, l�ianssota
_ 8tatute• i969, �aid �peoia� •ialcia� t�nd in the nature o� a •p�oiwl
. saoouat in the re�alar Sintia� l�ad ot th� City oi Saint Panl her�b�►
ir orested.
COUNCIL�EN Adopted by the Councii AUG 2 8 ��Q g,_
Yeas Nays � Z $ 19�0
Butler
Carlson Appmva� 18_
�' -vr Tn Favor
Meredith
Mayor
Sprafka l� A anin8t
T�edeac�-
Mr. President, MeCarty
��
STATE 0 F MINNESOTA ) CERTIFICATION AS TO TAX LEVY
) SS AND REGISTRY OF BONDS UPON
COUNTY 0 F RAMSEY ) 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 31st day
of August , 19 70 , a certified copy of Council File No. 250245
adopted August 28, 1970 by the City Council of the City of Saint Paul
levying taxes for $3,000,000 Urban Renewal Bonds,Series 1970 F
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 bond issue has been entered and registered upon the County
Auditor's bond register File No. 676 and that such tax for
the payment thereof has been levied as required by law.
WITNESS, my hand and official seal this 31st day of August ,
19 70 .
THOMAS J. KELLEY
COUNTY AUDITOR, COUNTY OF RAMSEY
By
Entered in Bond Register Deputy Auditor
Deputy Au ito
_ .'ia,, .. '.;a , ,.�s:l
�7/ , j.,.t ,.7� F,^�, � � °!1
� '�Y
Q311�
STATE 0 F MINNESOTA ) CERTIFICATION AS TO TAX LEVY
) SS AND REGISTRY OF BONDS UPON
COUNTY 0 F RAMSEY ) COUNTY AUDITOR'S BOND REGISTER
I, the undersigned, being the duly qualified C,ounty Auditor of Ramsey
County, do hereby certify that there was filed in my office on the 31st day
of August , 19 �� , a certified copy of Council File No. 250245
adopted August 28, 1970 by the City Council of the City of Saint Paul
levying taxes for $3,040,000 Urban Renewal Bands,5�ries 1970 F
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 bond issue has been entered aiid registered upon the County
Auditor's bond register File No. 675 and that such tax for
the payment thereof has been levied as required by law.
WITNESS, my hand and official seal this 31st day of August ,
19 10 .
THOMAS J. KELLEY
COUNTY AUDITOR, COUNTY OF RAMSEY
.
BY
E " red in Bond Register Deputy Auditor
.
eput Au it
� _ .., ',�„_�� �.. ;.._.i�
�� , i' ' S I �; � �::�;
;�
p3li�
STATE 0 F MINNESOTA ) CERTIFICATION AS TO TAX LEVY
) SS AND REGISTRY OF BONDS UPON
COUNTY 0 F RAMSEY ) COUNTY AUDITOR'S BOND REGISTER
I, the undersigned, being the duly qualified CAUnty Auditor of Ramsey
County, do hereby certify that there was filed in my office on the 31st day
of August , 19 �� , a certified copy of Council File No. 250245
adopted August 28, 1970 by the City Council of the City of Saint Paul
levying taxes for $3,000,000 Urban P.enewal Bonds,S�ries 1970 F
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 bond issue has been entered and registered upon the County
Auditor's bond register File No. 676 and that such tax for
the payment thereof has been levied as required by law.
WITNESS, my hand and official seal this 31st day of August ,
19 70 ,
THO�fAS J. KELLEY
COUNTY AUDITOR, COUNTY OF RAMSEY
�
By
Entered in Bond Register Deputy Auditor
.
Deputy u itor
� � � �
, .�,
G�' i!-� �
.i � �J�'1
���
S@pt. 2, 970
�
`�.
�
;
Mr. Charles C. Hofineister
HARRIS TRUST ANn SAVINGS �NK ;
111 West Monroe Street
Chi Cago, Illinoi s ,.---,-. , �
; �,
� �
Deax Sir: `
�nelosed is a certif ate of Tho J. �elley� Ramsey County
Auditor, ta the ef�'e t that he h levied taxes to provide
for th� payme�f pr al nterest on th� bonds de-
s crib�ed in tif iea
Very truly yaurs,
City Clerk
n�
�.. �---�# �
�,�� ���5
Au�. 31, 1�70
�
�
Tion. Thoma s Ke11ey /�����'�_
County 1luditor � � '
Court Hotzse � � �
�@c'l2' �"lY': �\✓
. �
\ r/�
Attachec� he.reto is a c �� ` � �copy a���resolu�ion C.F. 25021+5,
ad�pted by the Ci_ty o ncil on ust 1�70, levyin� ta.xes for
the pavment of ;�3,c�0 000 Urban ewal �onds, Series 1�70F.
In c�nf�rmance with e terms af e resoluti�n, we w�ulc� appreciat�
y�ur providin s wit ix ori 1 or duplicat� ori�;inal certii'icatc�s
to the ePf you � red the obligations in the tax re�ister
and that e tax levy has been made.
Very truly yat+.rs,
City Clerk
ng