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248965 ORIGINAL TO CITY CLERK 2����5� , CITY OF ST. PAUL FOENCIL NO. OFFICE OF ITY CLERK NCIL RESOL L FORM PRESENTED BY � COMMISSIONE • DATF RESOLVED� That he Council of the City of Saint Paul hereby authorizes the issuance and sale of general obligation bonds of said City in the par value amount of �3,000,000 for the purposes contemplated by Chapter 881, Laws of Minnesota for 1g63, Regular Session, as amended by Chapter 499, Laws of Minnesota for 1967, Regular Session; be it FURTHER RESOLVED= That said bor�ds shall bear date the first day of the month in which they are sold; that such bonds shall be in the form of serial bonds , a por- tion of which shall be payable each year after issuance, but none of said bonds shall run for a longer period than 30 years; and the Council of the City of Saint Paul shall , ' by its subsequent resolution, fix the denomination and form of said bonds , the dates of maturity thereof, and the details and date of the sale of the same ; and be it FURTHER RESOLVED� That the proper City officers are hereby authorized and directed to initiate preparation of the appropriate documents looking toward sale of such bonds . FQ�VI A PROWE � A AssG Corporation Counse �Y22197Q COUNCILMEN Adopted by the Council 19— Yeas Nays CarLson �� � � '��'�Q Dalglish Approved 19— Meredith � � Tn Favor Peterson % ' Sprafku V Mayor Tedesco A gainst Mr. President, Byrne PUBLISHEU MAY 2 3 1970 O DUP,LICATE TO PRINTER ������5 CITY OF ST. PAUL couNCi� OFFICE OF THE CITY CLERK F�`E N�• COUNCIL RESOLUTION—GENERAL FORM PRESENTED BY COMMISSIONEa DATF R�;SOLVLD, Tlzat tiie Council of the City o� S�int Paul hereUy authorizes the i�suance ar�cl sale of �;eneral oblig�tion bonds o� said City in the �ar value amo�z�lt o� �3,000,�00 for the nurposes contemplated �y Chapter 8£31� La�as of I�Sirnnesota �or 1963, �egular Session, as a�nended by ChaPter 49y, Laws oP Minnesota �or 1�6'7, �tegular �7ession; �e it i��7Ii.TI�Li��.. ItL+'SOLVI�D, That saict bonds shall bear date th� f ira t d�y o:P t�ic �nonth in �,�Y�ict� �th�y are so 1d; ttza t such bonds s�1all be in t�le �or�u o� seria�_ bonds , a por— tion. o:f wiiich �Iaall be I�ayable �:ach year a:fter is�suance, i��zt noxae o� saic� A�onds �t�aall run for a lo��;er poric�cl taan 30 ye�.rs; and t��e Council o� the City of :�aint �'aul sh�.11 , �y its subsequent resolution, fix the denomination and form oi said bonds, the dates of maturity thereof, and the details �nd date of the sale o� the same; and be it �'[JIi.THI�Ti �'��uSOLVLD, That the proper City o�ficers are h�reby authorized and clirected to initiate prept�ration of tlle appropriate documents 1oo��ing toc+rard sale og such bonds. y 2 °? I�7� COUNCILMEN Adopted by the Council � 19—. Yeas Nays Carlson ,,� , �: � ���;';°a Dalglish Approved "P ` ' " '� 19— Meredith !_jn Favor Peterson Mayor Sprafka � L� Against Tedesco Mr. President, Byrne O