Loading...
235284 • , � � ' �352�� �� ORIGIIgAL TO,GITY GLERK - v �. - . CITY OF ST. PAUL FOENCIL NO. - OFFICE OF THE CITY CLERK O CIL RESOLUTION—GENERAL FORM ' PRESENTED BY � COMMISSIONE DA� � FtESOLVED, by the Council of the City of Saint Paul, that pursuant to the provisions of Chapter 460, Laws of Minnesota for i967, Regular Session, and Ordinance No, i3679 of the City of Saint Paul, adopted pursuant to said Chapter �60, there shall be issued and sold general obligation bonds of the City in the par 'value amoun.t oY Four Million Dollars (�4,000,000) for the purpose of procurement by the City of funds in !said amount to be used by the City for the acquisition, construction and repair �of capital impro vement works and projects of the City of Saint Paul o�`ther than the construction, egpansion or equipping o� any •portion of the�Saint Paul Auditorium or Civic Center con.nected thereto,; au:tY�,rized in the Budget of the City of Saint Paul for _the year i967 ; be it RESOLVED FURTHER, That said �onds shall be issued and sold pursuant to the provisions of said Chapter 460, Laws of Minnesota for 1g67, Regular Session,, and in accordance with Chapter 475, Minnesota Statutes 1g65, as amended; that said bonds shall be in the denomination of �1,000, �5, 000 or �10,000 at the option of the purchaser; that said bonds shall bear a rate of interest not to exceed six per centum (6%) per annum, payable semi—annually on the first day of April and the first day of October, according to interest coupons to be attached . to said bonds ; that said bonds shall bear date the first day of October, �g67 ; that said bonds shall be issued and sold by ��. said City of Saint Paul in the manner provided by law; and 'T� that said bonds shall mature serially in each of the years � � and in amounts as follows : � N ' � � � Date of Maturity Amount � , , o � October 1, 1g68 - � 400,000.00 �; � October 1, �969 400�000. 00 • � m October 1, 1970 400, 000. 00 o � October 1, 1971 400,000. 00 � October 1, 1972 �00,000.00 � � October 1, 1973 400, 000.,00 — October 1, 1974 400, 000.00 October 1, 1975 400,000.00 COUNCILMEN Adopted by the Council 19._ Yeas Nays , Carlson � Dalglish Approved 19� Holland Tn Favor �• - •`. � Meredith Peterson Mayor Tedesco A 8a�t Mr. President, Byrne • � ' �22 � : . o _ � � � �����j� . Page 2. October 1, 1976 400, 000. 00 . October 1, 1g�� 400, 000. 00 " TOTAL �4, 000, 000. 00 be it � RESOLVED FUR,THER, That said bonds sh all be in sub�tantially - the following foriv, t��ich has been prepared by the �inking Fun.d Committee and approved by the Corporation Counsel of the City of Saint Paul and is hereby approved and adopted: � "UNITED STATES OP Al��RICA ; STATE OF MINNEaOTA � COUNTY OF RAMSEY F CITY OF SAINT PAUL + CAPITAL IMPROVEMENT BOND � SERIES 1967A . No. . � . . . . . . . . . . . . . •�. �. . . . . . . . . . . . . . . "KNOW ALL MEN BY THESE PRESENTS, That the City of Saint Paul, }iu the County of Ramsey and State of Niinnesota, acknowledges itself to owe and for value received hereby promises to pay to Bearer the sum of . . . . . . . . . . . . . . . . . . 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 ihe first days of April and October in each ' year, as evidenced by and upon the presentation and surrender of the annexed interest coupons as they seveially become due . Both principal and interest on this bond are payable �n 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 full faith aizd credit of the City of Saint Paul are irrevocably pledgsd. � "This bond is one of a series of bonds issued and sold by saict City of Saint Paul , in the aggregate par value amount . of �4,`000,000. 00, authorized by Chapter 460, Laz1s of Minnesota for 1967 , Regular Session, 'for the purpose of the procurement � of �unds in said a�ount to be used by said City for the acquisition, construction and repair of capital improvement zvorks •and projects of the Ci�;y of Saint Paul other than the construction, eYpan�sion or equipping of any portion of the Saint Paul Audiiorium or Civic Center connected thereto , as authorized by said Chapter 460, Laws of Minnesota �or 1g67 , �Regular Session. � . T i , ' "This bon� is issued and sold by said City of Saiilt Paul, "uncle� and by authoi ity of said Chapter 460, Lakrs af Mixiriesota for �967, Regular Session, under and by authority , � i . .- ����l��� - �.. _ ' � � I . ; • � Page 3. �f a duly adopted Resolution of the Council of the City of Saint Paul, an d in full compliance with said Chapter 460, Laws of Minnesota for 1g67, Regular Session, said Resolution, the Charter of the City of Saint Paul , as applicable , and Chapter 475 , Minnesota Statutes �g65 , � as amended. � "It is hereby certified and recited that all things , acts and conditions required by the Constitution and Laws of the State of M�.nnesota. and�the Charter of said City • to Yia:pp�en and be done and performed precedent to and in the� �ssuance of this bond, have happened and have been done and performed in regular and due form and time as required by law, and that the total indebtedness of the said City, including this bond, does not exceed any constjtutional , s;�atutory, or charter limitation. "IN WITNESS WHF�&EOF, the said City of Saint Paul by its Council has caused this bond to be sealed by the facsimile of its Official Seal, lithographed thereon, to be signed by the lithographed facsimile signature of its Mayor; attested by the lithographed facsimile signature of its City Clerk, and countersigned manually by its Comptroller, and each of the interest coupons''•,Yiereto attached to be executed by the lithographed facsimile signatures of said officers , as of the first day of � October, 1g67 . t - , I , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ' Mayor � � Attest: . . . . . . . . . . . . . . . . . . . . . . . . , City Clerk ; � + Countersigned: . . . . . . . . . . . . . . . . . . . . . . . . . . . . j City Comptroller , "COUPON No. . . . . . . . . . . . . . . . �. . . . . . . . . . . . . . . . i ' "On the first day of April � �9. . . � the City of Saint October • Paul, �Minnesota, promises to pay to bearer . . . . . . . . . . . . . . . . . �Dollars (�. . . . . . . . . . . . ) at the Fiscal Agent of the City of SaintiPaul , in either Saint Paul , Minnesota , or New York, New York, at the option of the holder, for interest due that day on its Capital Improvement Bond, Series 1967A, dated �as o� October 1, �.g67, No. . . . . . . . . . . . . . . . � � . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . � Mayor Attest : . . . . . . . . . . . . . . . . . . . . . . . . . . City Clerk � Countersigned: . . . . . . . . . . . . . . . . . . . . . . . . . . City Comptroller " ORIGINAL TO GTY GLERK ro���l�g� � . CITY OF ST. PAUL FOENCIL NO. � f~ OFFICE OF THE CITY CLERK COUNCIL RESOLUTION—GENERAL FORM • PRESENTED BY , � COMMISSIONER � DATF Page 4. and be it FURTHER RESOLVED� 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 li�thographed facsimile signature of the City Clerk, and countersigned ma.n.ually by the Ci�y Comptroller, in accordance with Section 475. 55, Min.nesota Statutes sg65, as amended, and the interest coupons thereto attached shall be egecuted by the lithographed facsimile signatures of said officers ; a.n.d be it FURTHER RESOLVED� That sealed proposals be received in the office of the4:City Comptroller in the City Hall and Court House Building, in the Cit� of Saint Paul , Minnesota, up to 9: 30 o ' clock A.M. (C.D+.T. ) October 17, 1967, for the sale of all or none of said bonds , after giving due notice of said sale in the manner_;prescribed by law, in the St. Paul Legal Ledger, the official newspaper of said City, and in the Commercial West, a financial periodical published in the State of Minnesota; that each bidder shall be required to accompa.ny his bid by a certified or cashier' s check for two per centum (2%) of the amount of bonds bid for, which will be forfeited to the City as liquidated damages if the bonds are not taken and paid for when ready for delivery; that the City Comptroller shall, at the next meeting after receiving said bids, p�resent the same, to the Council for their action thereon; and that said bonds shall be awarded to the person offering the lowest net interest cost to the City, not exceeding six per centum (6d/o) per annum. ��T b 1961 COUNCILMEN Adopted by the Council Yg_ Yeas Nays Carlson �`T 6196a Dalglish Approved 19� Holland � Meredith Favor Peterson J ' Mayor Tedesco A ga�st . Mr. President, Byrne pIiBLISHE9 O�'� � �96� �22 � � ` � � WrLICATE TO PRINTER /��.{,�`f'��(� CITY OF ST. PAUL-- -- - couNCi� ^�" OFFICE OF THE CITY CLERK FILE NO. COUNCIL RESOLUTION—GENERAL FORM • PRESENTED BY COMMISSIONER DATE BESOI,VEDi by the Counoil of the City flf Saint Pauli that pursu�nt to the provisiona of Chapter 4b0� LSS,rn pf � � Minnesota for i96'7, Regular Seasio�.s and Ordinance No� �.3679 �_ o� the Cfty of S�int Pauls adopted pur�u�nt to sa3.c1 Chapter , 460, there sh�ll be 3.eeued and sold general obligation bonds of the City in the par value amount of Four Million Dollars (�4,000,000) for th� purpose o� proQUrement Uy the City o� funds in said a�oun.t to be uaed by the City for the aoquiaitioni conetruction and repair of capital impra vement works and pro�eots o� the City of Saint Paul ���her than the oonatruotion; expan�•ion or equipping of any portion o� the Saint Paul Auditorium or • Civic Center conneeted thereto;, autliQrized in �the Budget of the City of Saint Paul for the year i967 ; be it AESOLVED FURTHEB, , Tha� �sid bondg ehall be iaeued and aold pureuant to the provision� o'f said Chapter 460; Laws, o� Mi.nnegota �or 1g67�, Regula�.^ Se�si.on; and in aocordanee with Chapter �75�, rZinnesota Statutea i965, as amended; that ss�id bond� shall be in the denomination of �1,000� �5,000 or �10�000 at the option o� the purahaeer; that said bonds ehall bear a rate of interest not to exceed siz per centum (6°fo) per annum, payable semi-annually on the first day of April and the first day o� OQtober, aQCOrding to interest coupong to be attaohed to said bonds; th�,t said bonds shall bear date the fi.rst day of Octoberg ig67; that said bonda shall be fesued and sold by said City of Saint Pau1 in the manner provided by law; and that said bonds sha11 mature �erially' in eaah o� the yesrs, and i� amounts as followes � D�te o� Maturity . .Amou�t Oatober 1, i96s � � �00;000.00 Ootober 1i �969 400��000,00 OQtober 1, 1970 �f00,000.00 Oc�tober i, 1971 400,000.00 Oatober 1 y 1972 401���c�0.00 . O�tober �.� 1973 � �r 4�0�.0��,00 Ovtober i, 197� � 400,UOO.aO ootober i, 19?5 400,000:00 - COUNCILMEN Adopted by the Council 19— Yeas Nays . Carlson Dalglish Approved 19� I3olland ' sn Favor Meredith Peterson ', Mayor Tedesco A gainst Mr. President, Byrne �22 � �, , . � . . � . � I ` ' �� �l � . ,��5,��� � . � � , ; � Page 2. i • ' October 1, i976 400,000.00 . . October 1, 1977 400, 000. 00 TOTAL �4,000,000. 00 be it ' ' RESOLVED FURTHER, That said bonds sh all be in sub�tantially the following form, �v�zich has been prepared by the Sinking Fun.d Committee and approved by the Corporation Counsel of the City of Saint Paul and is hereby approved and adopted: . � "UNITED STATES OF AMERICA . � � STATE OF MINNESOTA � � COUNTY OF RAMSEY , ` � CITY OF SAINT PAUL CAPITAL ITIl'ROVEMENT BOND SERIES 1967A No. . . . . . . . . . e . . . . �. . . . . . . . . . . . . . . "KNOS� 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 for value received hereby promises to pay to Bearer tYie sum of . . . . . . . . . . . . . . . . . . . . - 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 annexed interest coupons as they severally become due. Both principal and interest on 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 full faith and credit of the Cit,y of Saint Paul are irrevocably pledged. "This bond is one of a series of bonds issued anci sold by said City of Saint Paul , in the aggregate par value amount of �4, 000, 000.00, authorized by Chapter 460, Laws of Minnesota for 1g67, Regular Session, for the purpose of the procurement � of funds in said amount to be used by said City for the acquisition, construction and repair of capital improvement ' works and projects of the City of Saint Paul other than the � construction, expansion or equipping of any portion• of the Sain.t Paul Auditorium or Civic Center connected thereto, as authorized by said Chapter 460, Laws of Min.nesota for 1g67, Regular Session. , "This bond is issued and sold by said City of Saint Paul, under and by authority of said Chapter 460, Laws of Minnesota for 1967, Regular Session, under and by authority � - } � - . � � . . ��5���'� � Page 3. r . �f a duly adopted Resolution of the Council of the • City of Saint Paul , and in full cornpliance with said • Chapter 460, Las<<s of Minnesota for 1g67, Regular Session, � said Resolution, trie Charter of the City of Saint Paul , � as applicable , and Chapter 475 , Min.nesota Statutes 1965 , � as amended. � "It is �hereby certified and recited that all things , acts and conditions required by the Constitution ancl Laws . of the State of riin.nesota and the Charter of said City to happ�en and be done and perfor►ned precedent to and in. the Zssuance of this bond, have happened and have been done and performed in regular and due form and time as • required by lata, and th at the total indebtedness of the said City, including this bond, does not exceed any constitutional , s;tatutory, or charter limitation. "IN WITNESS Z�IEI3,EOF, the said City of Saint Paul by its Council has caused this bond to be sealed by the facsimile of its Official Seal, lithographed thereon, to be signed by the lithographed facsimile signature of its . Mayor, attested by the lithographed facsimile signature of its City Clerk, and countersigned manually by its Comptroller, and each of the interest coupons hereto � attached to be e�ecuted by the lithographed facsimile �� signatures of said officers , as of the first day of October, 1967 . I i . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ; Mayor i � Attest: . . . . . . . . . . . . . . . . . . . . . . . . . � City Clerk ' Countersigned: . . . . . . . . . . . . . . . . : . . . . . . . . . ` • `.�City Comptroller F "COUPON ; , No . . . . . . . . . . . . . . . . . . �. . . . . . . . . . . . . . . . On the first day of A ril � 19. . . , the City of Saint �� October ' Paul , Minnesota, promises to pay to bearer . . . . . . . . . . . . . . . . . ; Dollars (�. . . . . . . . . . . . ) 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, for interest due that day on its Capital Improvement Bond, Series 1g67A, dated as of October 1, ig67 , No . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . � Mayor � Attest: . . . . . . . . . . . . . . . . . . . . . . . . . . . . City Clerk , , . � � Countersigned: . . . . . . . . . . . . . . . . . . . . . . . . . . City Comptroller " . � . , . �,.., • µl►LICA!TO rRINTER ������-} CITY OF ST. PAUL FOENCIL NO. � • OFFICE OF THE CITY CLERK COUNCIL RESOLUTION—GENERAL FORM ' PRESENTED BY COMMISSIONER DATF _ Page 4. and� be it FIIRTHEFt R�SOLVED� That e�cl� said bond sh�ll be sea,led . by the facsinile o� the O��ia�.al Sea1 0� �he Ci.ty p� Saint Paul lithogrgphed thereo� and signed by the lithographed faosimile signaturQ o� the I�fayor,, attested by the 13tl�ographed faasim�.le s3.gnaturQ of the City Clerk� . and eountereigned manu�lly by thQ City Comptroller, • in aecordance with Section 475.55i. ,Minr.�eso�a Statute� ig6y, as a�ended, . an�l the intereat coupona thereto ' � at-�a��ed shall be egecuted by the li.thographed �acsimile � � eignatures of sa3.d offi.oers; and be it FUI3THEFt RESOLVED, . That eealed propoeale be reoeived, in the o�fice of the�,C�ty Comptrol3er in the City Hall and Court House Building, • in the City of Saint P�►u1, , M3nnQSOta�, up to 9:30 o�clock A.1�I. (C;D.T. ) Ootober 17, 1967,., for the sale o� ' all or none o� s�id bonds , . after givi.ng due notice o� eaid aale in th� manner preseribed by law, in the St: Paul Legal Ledger,, tYae o�ficial newspaper o� said City, and in the Commercial West,� a financial periodical publiah�d in the State o� Minneaota; that each bidder ehall be required to aceompany hi.s bid by a Qertifiod or Qashier' e eheek for twa per eentum. (2�) of the antoun.t o� bonds bid for, whieh will be Forfeited to the City as li.quidated darnages if t�e bonds are not taken and paid �or wh�en ready �or delivery; that the City Comptroller sh�].Z, at �the next meeting a�ter reoefving said bids, present the same to the Couneil �or their ac�ion thereon; and that said bpnds shall be ak*arded to the pex�aon oYfering the lowest net interest Qost to the �ity, not exceeding six per centun (E��) per t�un.um. � ��-� 61367 COUNCILMEN Adopted by the Council 19_ Yeas Nays Carlson �'r 619�i� Dalglish Approved 19— Holland Meredith � Favor • Peterson C� 1- MaYor Tedesco Against Mr. President, Byrne �22