241898 •�/1'�//�� 4..���?(/�'�,/�
ORI6INAl TO CITY CLHRK tecl .`.�..( �"^'��s'
CITY OF ST. PAUL FOENCIL N O.
OFF E OF THE CITY CLERK
C C TION—GENERAL FORM
PRESENTED BY /
COMMISSIONE '� DATF
WHEREAS, Pursuant to Chapter 460, Laws of Minnesota
for ig67, Regular Session, the City of �aint Paul has here–
tofore issued Capital Improvement Bonds in an aggregate par
value amount of �8,000,000; and
WHEREAS, the Council of the City of Saint Paul on
December 4, ig68, by its Resolution� adopted the City� s
Capital Improvement Budget for 1g69 after a duly held hear–
ing with respect thereto, which Capital Improvement Budget
for 196g contemplates the further issuance of �4,000,000
' in bonds of said Gity, now, therefore, be it
RESOLVED� That the 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 �4, 000,000
for the purposes contemplated by said Chapter 460, Laws of
Minnesota for ig6'7, Regular Session; be it
FURTFIER RESOLVED� That said bonds 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 portion of �
which shall be payable each year after issue, but none of
said bonds shall run for a longer period than._ter�. _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 ; be it
FURTHER RESOLVED� That the proper City officers are
hereby authorized and directed to initiate preparation of
the appropriate documents looking toward the sale of such
bonds .
F APPROVED , " ^
;��c-'�-
� ����.`-�X
pss� Corporation ounset
\
COUNCILMEN Adopted by the Coun�N 2 4 1969 19_
Yeas Nays
Carlson �pIN 2 4 �969
Dalglish Approve 19__
Meredith � Tn Favor
Peterson �
Sprafka J Mayor
A gainst
,Te�eae�—
Mr. President, Byrne p�BLISHE� FEB 1 1969
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