235282 �
, � , �:
OR�GINAILTO'CIT� CLERK �a '�"
� • - CIN OF ST. PAUL couNCi� ������
. i FILE NO. r"`._ �/
� � OFFICE OF THE CITY CLERK
. �4` UN L RESOLUTION—GENERAL FORM �
PRESENTED BY � `
COMMISSIONE �` i DATF
� t� f
� �WH± �
EREAS the Cit of Saint Paul b Ordinance
� � Y , y No.
11322, passed by the Council and approved by the Mayor October
3, 1958 , ;and as ratified and approved by a majority of the
electors 'of said City at the election held Novem ber 4, 1958,
provided �fo r the issuance and sale of Ten Million Dollars
(�10,000;00"0�) par value in and of Water Works Bonds of said
City �or the purposes of egtending , enlarging, improving, and
bettering the Water Works System owned and operated by said
City; and ,
�
WHEREAS, heretofore of said authorized bonds there \
havebeen -issued by sa�.d City for said purposes bonds ag rega�ing
Eight Million Five Hun.dred Thousand Dollars (�8, 500;.000�,
denominated City o� Saint Paul Water Works Bonds, Series 1959A,
City of Saint Paul Water Works Bonds, Series 1g60B, City of
Saint Paul Water Works Bonds, Series 1961C, and City of Saint
Paul Water Works Bonds , Series 1966D, and it has become and
is now advisable and necessary that an additional One Million
Five Hun.dred Thousand Dollars (�1,500,000) par value in and
of said bon.ds be issued and sold for said purposes , with all ,
convenient speed, as requested by the Board of Water Commission��:s
at its meeting of July 26, 1967; it is hereby
RESOLVED, That the Council of the City of Saint Paul
- issue and sell at this time One Million Five Hundred Thousand
'�' Dollars (�1, 500, 000) par value in and of said Bonds pursuant
� � to and in accordance with said Ordinance No. 11322; that said
� bonds shall be in denomination of �1, 000, �5,000, or �10, 000,
o D at the option of the purchaser; that said bonds shall bear a
� � rate of interest not to egceed sig per centum (6%) per annum
� � payable semi-annually on April 1 and October 1 according to
�' m coupons to be attached to said bonds ; that said bonds shall
� bear date October 1, ig67 ; that said bonds shall be in the
= form of serial bonds , and a portion thereof shall be payable
N each year commencing October 1, ig68, but none of said bonds
`-° ` shall run for a longer period than thirty (30) years from the
-� s date of the same ; that no annual installment of principal
of any of said bonds payable in any calendar year after the
COUNCILMEN
Adopted by the Council I9—
Yeas Nays
Carlson
Dalglish
Approved 19—
Holland
Meredith Tn Favor ,
,.•
Peterson � � Mayor
Tedesco A gainst �
Mr. Preaident, Byrne
�zz
� . • , .
" �3�;���
� Page 2.
date of the same shall egceed five times the,�amount of the
smallest prior installuren.t thereof payable in any calendar
year after the second calendar year; that the principal
�1, 500, 000 par value of said bonds shall mature serially
commencing October 1, 1g68 over said thirty-year period
on the following dates and in the following amounts :
�
1
Date of Maturity Amount
October 1, 1g68 � 30,000. 00
October 1, 1g6g 30, 000. 00
� October 1, 1970 30,000. 00
October 1, 1971 30,000. 00
October 1, 1972 30, 000.00
October 1, 1973 30,000.00
October 1, 1974 30,000. 00
October 1, 1975 30, 000.00
October 1, 1976 ?�0, 000.00
October 1, 1977 40,000. 00
October 1, 19'78 40, 000. 00
October ,1, 197g 40,000. 00
October 1, 1980 40, 000. 00
October 1, 1981 40, 000. 00
October 1, 1982 50,000. 00
October 1, 1983 50, 000. 00
October 1, 1g84 50,000. 00
October 1, 1985 50,000. 00
October 1, 1g86 60,000. 00
October 1, 1g87 60,000.00
, October 1, 1988 60, 000.00
October 1, ig89 60,000. 00
October 1, 1990 60, 000. 00
Oetober 1, 1gg1 70,000. 00
October 1, sgg2 70, 000.00
October 1, 1993 � 70,000. 00
October 1, i994 70,000. 00
October 1, 1995 80, 000. 00
October 1, 1996 80,000. 00
October 1, 1997 80, 000. 00
' TOTAL �1, 500, 000. 00
RESOLVED FURTHER, That sealed proposals be received
at the office of the City Comptroller in the City Hall and
Court House in the City of Saint Paul, Minnesota, up to g: 30
A.M. (C.D.T. ) on October 17 , 1967, for the sale of all or none
of said bonds , after giving due notice of such sale in the
manner prescribed by law in the St. Paul Legal Ledger-, �the
official newspaper of said City, and in Commercial West, a
financial periodical published in the State of Minnescita;
that each bidder shall be required to accompany his bid by a
certified or cashier' s check for two (2) percent of the amount
of the bonds bid for, which shall be forfeited to the City as
. • " • � �
�3����
. page g, ,
liquidated damages if the bonds are not taken and paid for
when ready for delivery�� and that the City Comptroller shall ,
at the next meeting after receiving said bids , present the
same to the Council Yor its action thereon, and that said
bonds shall be offered to the person who will pay par or better
the refor,' and at' the lowest rate of interest not exceeding six
percent (6°�0) ; and
RESOLVED FURTHER, That said Water Works Bonds of the
City of Saint Paul in the amount of One Million Five Hu.ndred
Th�ousand Dollars (�1, 500, 000) par value authorized and provided
to be sold hereunder, in denomination of �1, 000, �5 ,000, or
�10,0OO, ;at the option of the purchaser, as aforesaid, shall
be denominated "City of S�,int Paul Water Works Bonds , Series
1g67E" , and shall be in substantially the following form
which has been prepared by the Sin.king Fund Committee and
approved �by the Corporation Counsel of said City, and is
hereby approved and adopted:
' "UNITED STATES OF AMERICA
� STATE OF MINNESOTA
COUNTY OF Ft�iMSEY
� CITY OF SAINT PAUL
WATER WORKS BOND
SERIES 1967E
No . . . . . . . . . . . . . . . �. . . . . . . . . . . . .
"KNOW ALL MEN BY THESE PRESENTS, That the City of Saint
Paul, � in the County of Ramsey and State of Minnesota,
acknowledges itself to owe and �or value received hereby
promises to pay to bearer the sum of ,j. . . . . . . . . . . . . . . . . . . . .
.:
Dollars (�. . . . . . . . . ) on the first day of October, 19. . . .
. together with interest thereon from the date hereof until
paid, � at the rate of . . . . . . . . . . per centum per annum, payable
semi-annually on the first days of April and October, in
each year, as evidenced by and upon the presentation and
surrender of the anneged interest coupons as they severally
become due . Both prin.cipal and interest of this bond are
payable �in lawful money of the United States of America
at the Fiscal Agent of the City of Saint Paul , in either
Saint� Paul , Minnesota, or New York, New York, at the option
of the holder; and for the prompt payment of this bond ,
both principal and interest, at maturity, the faith and credit
of the City of Saint Paul are hereby irrevocably pledged.
"This bon.d is one of a series amounting in the aggregate
t�o the sum of One Million Five Hundred Thousand Dollars
- a (�1, 500, 000) issued by the City of Saint Paul for the
purposes of extending, enlarging, improving and be_ttering
i
_ �
'# �-� "
� , .
. � .
J 1 . . • � .
� , � . . ��5��`��.�
3 � � -
. � .
, � . . ; P�ge lt•
. ,
• , � , . .
the waterworks syTstem o��rlied and o�,erated by tlic Ci�;y of
Saini; Paul . Tliis boiict is issuccl �llx'SLl`clll'I: to Orclinance
� No. 11322 , passecl by the Council of said Ci�l;y, and duly
� signed, at�;es�;ed, appi-oved ancl pub�:isliccl in 1;Ize nianner
requirecl by tlie Cliarter of 1;lze said. City ancl approveci
, by the electors of tlie City o� Saint Paul a� the election
held .November 4, 1958, under and �by autliority of �a ^duly �
� , adopted resolution of the Council o� the City of Saint
. Paul , and under authority of and in all respects in flll].
- - - � �--� ------- -
con�pliance �vitli Section 217 0� the Chari;er of th.e City of
Saint Paul and such otlier sections i;hereof .as may be
applicable thereto , ancl Chapter 475 , Minnesota Statutes
19Cu�'7 , as amended. � � �
s
"It is hereby certified and recii;ed that all things ,
aci:,s and conclitions rec�tiired by the Consi;itu�tion and
. Laws of tlie State of riinneso ta and the Charter o� said
City �to ha��pen a�id� be done and per�or►itec� preceden� i;o •
and in the issuance of this bond liave happened and �
been#done and per�ormed in regtilar and due for.m and time
• . as required by lazs, aiid that the total ind.ebtedness of
• saidjCity, including this bond, does not exceed any
_ constitiii;ional, statutory, or_ cliar�Ler liniitation.
, . -
• "IN ZtiTITNESS Z�'IiER�OF, The saicl City o� Saint Paul ,
by its CO1111C11t has caused this bend to be sealed by
the �acsiniile of its O�ficial Seal, lithographed i;hereon,
; to �ie signea b3r the lithograPhed facsimile sign.ature o� �
its biayor, attested by the lithograpllecl �acsimi_le sig—
, nature of its Ci�;y Clerk and counter.signed manita113T by -
its Comptroller, aild each of the interest coupons here-to
attached to be eYecuted by the lithographed facsimile � .
signatures ef said of�icers , as �of the first da�r o� �
October, 1967 . '
. �
i . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ,
i � DZayo r '
� , .
Attest: . . . . . . . . . . . . . . . . . . . . . . . . . . .
� City Clerk
- ; � . .
, - -
, � Countersioned:� . . . . . . . . . . . . . . . . . . . . . . . . . . . .
, City Comptroller .
� "COUPOV ' y ��
No . . . . . . . . . . . . . . . . . . . . . ' �. . . . . . . . . . . . . . . .
"Oii tne first day of April � .�19. . . , the City of Saint .
October
Pall; Aiiniiesota, proruises to pay to bearer . . . . . . . . . . . . . . . . . .
Dollars (�. . . . .. . . . . ) at the Fiscal Agent o� the Ci.i;y of
i . �
\ : � -
, �
� [''J�
OR�GINAL.TO�C)]'Y CLERK • � • ��5�����
. � CITY OF ST. PAUL F,OENCIL NO. _
� OFFICE OF THE CITY CLERK
. COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DATF
• ' Page 5.
�sSain.t Paul, in either Saint Paul , Minnesota, or New York,
New York, at the option of the holder, for the interest
due that day on its Water Works Bond, Series i967E, dated as of
October 1, 1967, No. . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mayor
Attest: . . . . . . . . . . . . . . . . . . . . . . . .
City Clerk
Countersigned: . . . . . . . . . . . . . . . . . . . . . . . .
City Comptroller ��
and be it •-• .
RESOLVED FURTHER, That each said bond shall be sealed by the
facsimile of the Official Seal of the City of Saint Paul lithographed
thereon and signed by the �lithographed facsimile signature of the
� Mayor, attested by the lithographed facsimile sign.ature of the
City Clerk.; ,and countersigned manually by the City Comptroller,
in accordance with Section 475.55, Minnesota Statutes 1g65, as
amended, and the interest coupons thereto attached shall be
executed by the lithographed facsimile signatures of said officers .
�
�CT 6196�
COUNCILMEN • �
Adopted by the Council 19_
Yeas Nays
car�son � � ��T 6196�
Dalglish
. Approved 19_
Holland - .
Meredith �In Favor
Peterson . � / Mayor
Tedesco A gainst
Mr. President, Byrne
�Bf�fSH� ��� � ��
�22
. - � � . � �,, �--�,��
DU►LICATE TO rRINTER ����( f�
CITY OF ST. PAUL ' FOENCIL NO.
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION—GENERAL�FORM
' PRESENTED BY
COMMISSIONER DATF
WIIEREAS; the City of Saint Pau13 by Ordinanee No.
11322� paseed by the CounQil an.d ap�rove� by �he Mayor Ootober
3, 1958, anc� �e ratified and app�oved by a ma�ority of t�e
° electora o� said City at t�pte e7.eQtion held November 4, 19Z8�
(rov3.ded fox the �.ssu�nae and �ale of ,Ten Million Dollarr� •
�10,000�000) pa� value in arid of Water Works Ponds of said
City for the purpoaes of extending, enlarging; improving, and `
bettering the Water Work� Syetem owned a.nd operated by said
City� and - �
�THEREAS� heretofo re of �ai rl authorize.d bonds the�R,
ha�ebeen is�.ued by said City for sa�d purposea bonds ag r'ega�in$
Eight M3.11ion Five Hundred Tho�tsand �ollara (�6,500�000��
denomina�ed City o� Saint P�ul 't�ater Zdorks Bonds� Series i959�►,
� City of Safrit Paul Wate�r Worka Bonde, Ser3es ig60B, City of
Saint Paul Z�at�r ��orks Bonds� Series 196�.C� and City of Saint
Pau1. Water Worka Bomds, Ser3es i966D, and i� has becom� A�ct�
, is now advisable �n.d neoessary that an additional One Milliora„ �
'Five $un.dred Thoueand Dollara (�1�500,OOd) par value in and
of said bonds be issued and �old �or said purpo�ee� with all
Qonvenient apeed, aa requested by the Bc�ard o� j�ator Cammiseion�r•s
at ita meeting of July 26, 1967; it ia hereby
RE50LVED, That the Counail of the �ity. of �aint Pau1
issue and �ell�'at thia time, One Million �ive Hun�ired Thousand
Dollars (�1,500,000) par va�.ue in and o� said Bonds purs�axi�t�
. to and in aQOOrdanae with, �aid OrdinanoQ No. 11322; that said
bond� �ha�.l be 3n denomination of �1,000� �5�A00, or �i0,000,
�t the option o�P the purahaser; that said bonds ehall bear a
ra�te o� interest not to exaeed six per centum (6;�) per annum
. payable semi—annually on April 1 �nd October i acvording to
coupons to be �ttached to sa3,d bonds; that eaid banda sha11
bear date Oo�ober ir ig67; that said bonde shall be in the
� �orm o� eerial bonds � and a portion thereof eh�.11 be nayable
esoh year commenoing Ootober i, 1966, but none o� said bonds
sh�ll run for a l.onger p�iod than thirty (30) yeare from the
date o� the same; that no annual' inatallmQnt of pxinQipal
of any o� said bonds payable in any oale�dar year a�ter -the
COUNCILMEN Adopted by the Council I9—
Yeas Nays
' Carlson
Dalglish
, Approved 19—
Holland
� Meredith In Favor
Peterson �y�r
Tedesco A gainst
Mr. President, Byrne
�22
i . . �35���
, " , Page 2.
date of the s'a»ie shall exceed five times the ' amount of the
smallest prior installm=ent thereof payable in any calendar
year after the second calendar year; that the principal �
�1, 500, 000 par value �of said bonds shall mature serially
commencing October 1, 1968� over said thirty-year period
on the followiiig dates and in the following amouni;s :
Date of Maturity , Amount
October 1, 1g68 � 30,000. 00
� October 1 , 1g6g 30,000.00
October 1, 1970 30,000. 00
October 1, 1g71 30,000. 00
. October 1, 1972 30, 000.00
October 1, 1973 30, 000. 00 _,
October 1 , 1974 30, 000. 00 -
October 1, 1975 30, 000.00
OctoUer 1 , 1976 �#0,000. 00
� October 1 , 1977 � 40,000. 00
- October 1, 1g'78 40,000. 00
October ;1, 197g 40,000. 00
October 1, 1980 40,000. 00
October 1, 1g81 40,000.00
October 1, 1982 50,000. 00
October 1, 1g83 50,000. 00
� October 1, 1984 50, 000. 00
October 1, 1g85 50,000. 00
October 1, 1g86 60,000. 00
October 1 , 1987 60,000. 00
October 1, 1g88 60,000. 00 .
. � October 1, 1g8g • 60,000.00
; ' October 1, 1gg0 . 60,000. 00
: October 1, 1991 70, 000. 00
' October 1, 1gg2 : 70, 000. 00 �
� � October 1, 1993 r � 70, 000. 00
October 1, sg94 , _ .ZO',000. 00
� • ' October 1, 1995 80, 000. 00
October 1, 1996 � 80, 000. 00
' � October 1, 1997 . 80, 000. 00
# TOTAL �1, 500, 000. 00
' RESOLVED FURTAER, That sealed proposals be received
{ at the office of the City Comptroller in the City Hall and
; Court House in the City of Saint Paul, Minnesota, up to 9:30
i A.M. (C.D.T. ) on October 17 , 1g67 , for the sale of all or none
; of said bonds , after giving due notice �of such sale in the
� manner prescribed by law in the St. Paul Legal Ledger, the
� official newspaper of said City, and in Commercial West, a �
f financial periodical published in the State of Minnesota;
' that each bidder shall be required to accompany his bid by a
� certified or cashier' s check for two (2) percent of the amount
; of the bonds bid for, which shall be forfeited to the City as
f . .
� . . �35��?
. ' Page 3• '
liquidated damages if the bonds are not taken and paid for
when ready for delivery; 'and that the City Comptroller shall ,
at the next meeting after receiving said bids , present the
same to the Council for its action thereon, and that said
bonds shall be offered to the person sa�10 will pay par or bel;ter
therefor, and at the lowest rate of interest not exceeding six
percent (6°fo) ; and
�
RESOLVED FURTHER, That said Water ZJorks Bonds of the
. City of Saint Paul in the amount of One Million Five Hundrecl
Thousand Dollars (�1, 500, 000) par value authorized and provided
� to be sold hereunder, in denomination of �1, 000, �5 , 000; or
� �10, 000, at the option of the purchaser, as aforesaid, shall
be denominated "City of Sa.int Paul Water Works Bonds , �Series
1967E" , and shall be in substantially the following form
which has been prepared by the Sinking Fund Committee and
approved by the Corporation Counsel of said City, and is ,
�
hereby approved and adopted: . '
I "UNITED STATES OF AMERICA
� STATE OF MINNESOTA �
� COUNTY OF R.AMSEY
; CITY OF SAINT PAUL
WATER WORKS BOND '
; SERIES 1967E
� No . . . . . . . . . . . . . . . . �. . . . . . . . . . . . .
F "KNOW ALL MEN BY THESE PRESENTS, That the City of Saint
; Paul, in the County of Ramsey a.nd State of Minnesota,
� acknowledges itself to owe and �or value received he-reby
promises to pay to bearer the sum of . . . . . . . . . . . . . . . : . . . . . . .
� Dollars (�. . . . . . . . . ) on the first day of October, 1g. : . . •
� together with interest thereon from the date hereof until
� � paid, at the rate of . . . . . . .. . . per `centuin per annwu, payable
� -semi—annually on the first days of April and October, in
� each year, as evidenced by and upon the presentation -ar1d
� surrender of the annexed interest coupons as they severally
� become due . Both principal and interest of this bond are
! payable in lawful money of the United States of America
' at the Fiscal Agent of the City of Saint Paul , in either
. Saint Paul , Minnesota, or New York, New York, at the option
of the holder; and for the prompt payment of this bond ,
both principal and interest, at maturity, the faith and credit
' of the City of Saint Paul are hereby irrevocably pledged.
�
` "This bond is one of a series amounting in the aggregate
to the sum of One riillion Five Hun.dred Thousand Dollars
� - (�1, 500, 000) issued by the City of. Saint Paul for the .
; purposes of exteiiding, enlargin�, improving and bettering
i
. . _. . - � 1 ^ " _ • • _ - r�, v .a-—... aF+T
� . • , .
� � - � - - � �35`���
' � . ' . ,• Page 4.
. • , . .
the water�rorl:s syrstem ownecl ancl o�eratecl Uy the Ci�;y of
Saint Paul . Tliis boiid is issuecl pursuan�; to Ordinance
No . 11322, passed by ttic Council of said Ci�;y, �.nd cluly
� signecl, �.t�;es�;ecl, appioved ancl �L1�11S�1CCl in i;he maiiner �
� requirecl by t;he Charter of i;he said City ancl approvecl
, ' by 1;lie electors o� �;tie City o� Saint Paul at the election
� held Noveniber 4, 195s, under and �by aui;hority ^of �a ^duly
. adopted resolution of the Council of the City of Saint
. Paul , and under authority of and in all respects in full
- - • � --� ------- -
compliaiice z�ritli Secl;ion 217 of the Charter o� th.e City of
Saint Paul and such other sections thereof .as may be
applicable thei•eto , and .Chapter 475, Minnesota Statutes
1967 , as amended. '
rrIt is hereby certified and recited that all things ,
, acts and cond itioiis reqiiire d by the Cons�;itutioii and
. La��*s of 1;he State of Niinneso ta and the Charter of said
City to happen and `be done and per�ormed precedent to �
and in tlie issuance of this bond have happened and �
� been done and perfor�iied in regular and due for.m and time
. as required by las,r, aiid that the total indebtedness of
. said City, including this bond, does no� exceed any
. constitutional, statutory, or charter limitation. � �
"IN j►'ITNESS Z�'HEREOF, Tl�.e said City of Saint Paul,
bST its Coui�.cil , has caused this bond to Ue sealed by
the �acsimile of its Official Seal, lithobraphed thereon,
to be signed by the lithographed facsimile signature of
its Niayor, attested by the litliographed facsimile sig—
, nature of its City Clerk and countersigned manlially by -
its Compti°oller, and each of the interest coupons hereto
attaclied to be eYecuted by the lithographed facsimile � ,
i • - - .. . .. . .. . . _ .. .. , ,
: . signatures of said officers , as of the first day of
i October, 1g67 . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
� Mayor ,
Attest : . . . . . . . . . . . . . . . . . . . . . . . . :�- _ .
- City C�.er.k � �
� Countersigned: . . . . . . . . . . . . . . . . . . . . . . . . . . . .
City Comptroller .
"COUPO�T
No. . . . . . . . . . . . . . . . . .. . . . ' �. . . . . . . . . . . . . . . . �
"On the first day of April � . 19. . . , the City of Saint .
October
Pa�l, Niinnesot�a, promises to pay to bearer . . . . . . . . . . . . . . . . . .
� Dollars (�. . . . . . . . . ) at the Fiscal Ageiit o� the City of
�.`` f • •
• . y
�}
L�UPIICATE70�rRINT6R � V'���
CITY OF ST. PAUL FIOENCIL NO.
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DATF _
• Pa�e 5�
4
- ��Saint Paul,, in either Saiat Paul� M3.nnesota� or New York�
New York� at the option of t�e holder, for the intereet
due thAt day on its kf�ter Worke Bond, Seriee 1967Ei tlated as of
� DO�'i0�101' �.� ig67, �O� � i � �� � � • •.� • •
� i � � i ►' �• • • ! • • • • • • • � • • i i • • • • • • • • • i�
� Mayor
Attests , : : . . . . � : . , . . . . . � . . �. � : .,: ' .
City Clerk
Countereigned= � . . . . . :. . . . . . . . . . . : . .:. . . . . . .
City Comptroller ��
• and be �.�t � � '
RESOLVED FIIRTHCR; That each s�id bond shall Ue �ealed by the
f�es3.mile o� the Of�iQial Seal di the City of Saint Paul iithographod
thereon and signed by the lithographed faQeimiie eignature of �the
Mayor, attestQd Uy the lithograp�ed �aoeimile signature of the
City Clerk, and countereigned manually by the City Comptroller�
in a000rdanve with Se�tion 475�.55,. Minnesota Statutes i965, ae
amended, and the interest eou�one theroto attaohed sha11 be
egeouted by the lithographed faoeimile signatureB o� eaid o�fioers,
b�9:6��
COUNCILMEN Adopted by the Council �T 19._
Yeas Nays
Carlson QGT � ���,
Dalglish Approved 19_
Holland
Meredith Tn Favor
�Peterson �y�r
Tedesco A gainst
Mr. President, Byrne
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