229700ORIGINAL TO CITY C
PRESENTED BY
COMMISSION
Yeas
COU
CITY OF ST. PAUL
M OF THE (CITY CLERK
L /RESQ,L 0014— GENERAL FORM
FIOENCIL NO. 229"700
v WHEREAS, The Council of the City of Saint Paul, pursuant
to the provisions of Ordinance No. 13254, adopted by the Council
and approved by the Mayor June 10, 1966, did by Resolution,
Council File No. 229252, approved June 28, 1966, authorize
the issuance and sale by said City of saint Paul of $2,300,000,
par value of the bonds of said City authorized to be issued
and sold by said City under and by virtue of Chapter 445 „
Minnesota Statutes 1961, as amended, for the procurement by
said City of funds in the sum of $2,300,000 for payment on
account of said City's duly apportii"a obligation for the partial
payment of the cost of that portion of the expansion of the
Sewage System and Treatment Plant of Minneapolis-,Saint Paul
Sanitary District proposed to be constructed in the years
1966 and 1967, and to constitute part of the expansion thereof
proposed to be constructed in its entirety during the years
1963) 1964, 1965, 1966 and 1967, such sewage system and treatment
plant having been and to continue to be established and main-
tained for the collection, treatment and disposal of sewage and
waste materials, used by said City of Saint Paul, jointly with
the City of Minneapolis, and comprising and to continue to
comprise a part of the complete plan of sewage and waste
material collection, treatment, and disposal system of said
Minneapolis -Saint Paul Sanitary District as authorized by said
Chapter 445, Minnesota Statutes 1961, as amended, said bonds
being designated as, "City of Saint Paul Sewage Disposal
System Bonds, Series 1966D'I; and
WHEREAS, Chapter 475,
provides that the governing bod y
general obligations shall, prior
obligations, levy by resolution
tax upon all taxable property i n
upon the tax rolls for each year
and said law also provides that
CILMEN
Nays
Carlson
Dalglish
Holland
Meredith
Peterson
Tedesco
Mr. President, Byrne
Tn Favor
Against
Minnesota Statutes 1965,
of any municipality issuing
to the delivery of the
a direct general ad valorem
the municipality, to be spread
of the term of the obligations,
the tax levies for all years
Adopted by the Counci
19—
Approved 19—
Mayor
a 22
'1
229vo
Page 2.
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,
or a special account in the municipality's regular sinking
fund, for each issue of obligations, and shall irrevocably
appropriate the taxes so levied and any special assessments
or other revenue so pledged to that fund or account; now,
therefore, be it
RESOLVED, That for the purpose of prbviding for the
payment of the principal and interest upon the said $2,300,000
in bonds so issued and sold, when and as the same mature,
and for an additional direct tax in an amount not less than
five per centum (5 %) in excess of the sum required to pay
such principal and interest when the same mature, there is
hereby levied on all the taxable property in the City of
'Saint Paul, in addition to all other taxes, a tax for the
payment of said $2,300';000 of bonds, the following direct
annual irrevocable taxes, to -wit:
.
_
229100
TAX REQUIRED BY
CHAPTER-475, H!NNESOTQi , - (-
:,STATUTE"ao - X966 -i S
BUDGET
TAX FOR i
TAX FOR _
AMENDED, IN EXCESS OF
TOTAL
YEAR
PRINCIPAL
INTEREST,
PRINCIPAL AND INTEREST TAX
4 1967
-
$ 89,700.00
$ 4,485.00
$ 94,185.00
1968
- - -
89,700.00
4,485.00
94,185:00
1969
$ 50,000:00
89,700.00
6,985.00
146,685.00
1970
50,000.00
87,.750.00
61887.50
144,637.50
1971
50,000.00
85,800.00
6,790.00
1422590.00
1972
50,000.00
83,850.00
6,692.50
1402542.50
1973
502000.00
81,900.00
6,595.00
138,495.00
1974
602000.00
79,950.00
6,997.50
146,947.50
1975
60,000.00
77,610.00
62880.50
144,490.50
1976
_60,000.00
752270.00
6,763.50
142,033.50
1977
70,000.00
72,930.00
7,146.50
150,076.50
1978
70,000.00
70,200.00
7,010.00
147,210.00
1979
70,000.00
67,470.00
6,873.50
144,343.50
1980
70,000.00
64,740.00
6,737.00
141,477.00
1981
70,000.00
62,010.00
6,600.50
138,610.50
1982
80,000.00
59,280.00
6,964.00
146,244.00
1983
80,000.00
56,160.00
6,808.00
142,968.00
1984
80,000.00
53,040.00
6,652.00
139,692.00
1985
80,000.00
49,920.00
61496.00
136,416.00
1986
100,000.00
46,800.00
7,340.00
154,140.00
1987
100,000.00
42,900.00
7,145.00
150,045.00
1988
100,000.00
39,000.00
6,950.00
145,950.00
1989
100,000.00
35,100.00
6,755.00
141,855.00
1990
100,000.00
31,200.00,
6,560.00
1372760.00
1991
100,000.00
27,300.00
6,365.00
133,665.00
1992
120,000.00
23,400.00
72170.00
150,570.00
1993
120,000.00
18,720.00
6,936.00
145,656.00
1994
120,000.00
14,040.00
6,702.00
140,742.00
1995
120,000.00
9,360.00
6,468.00
1352828.00
1996
120,000.00
4,680.00
6,234.00
130,914.00
$ 2,300,000.00
$ 1,689,480.00
$ 199,474.00 $ 4,188,954.00
ORIGINAL TO CITY CLERK / /.x-9700
. CITY OF ST. PAUL COUNCIL NO. FdI� •/
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE -
-Wage 4.
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 cf the
said City of Saint Paul, and reimbursement therefor shall be made
when said taxes shall have been received; be it
FURTHER RESOLVED, That there shall be created a separate
sinking fund, or a special account in the sinking fund, for said
obligations 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 County
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 Auditor a certificate that he has registered the ob-
ligations in the tax register as required under the provisions of
Chapter 475, Minnesota .6tatutes 1965, and that the tax levy required
for the purpose has been made; be it
FURTHER RESOLVED, That before the said bonds shall be
delivered 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 475, Minnesota Statutes
1965; be it
FURTHER RESOLVED That such taxes shall be collected and
payment thereof enforced a� 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 principal of said
bonds when the same shall mature; and be it
FURTHER RESOLVED, That in compliance with and for the pur=
poses specified by the pertinent provisions of Chapter 475, Minnesota
Statutes 1965, said special sinking fund in the nature of a special
account in the regular Sinking Fund of said City of Saint Paul hereby
is created. AUG 3 IN6
COUNCILMEN Adopted by the Council 19—
Yeas Nays
Carlson AUG 3 Iffifi
Dalglish A roved 19—
Holland /0
Meredith In Favor
Peterson Mayor
Tedessa A gainst 1966
Mr. 'President, Byrne pDBLIVED AUG 4
22
L - r
A
Aug + 4, 1966.'
. • K � 1. ._ - _ � - - c
Hon. 3C. A. Monicko' `" . • _ ,
County.Auditore_
• ..: Dear Sirs.
Attached hereto ig a certified co reso ion, Council File
229700i adopted by the City CouncI4 n Augu rd.-1966, for the
payment of $2.,100,000 City of Saint a Disposal System '
v_. Bdnda,- Series 1966D. -
In conformance with the of redo. u ion, we would appreciate `
your providing us with a original du pl cat* origirAl certificates
to the. effect that you a entered obligations inr the tax register
and that'the tax levy s been wde. -
-- - Very truly yours, _
City Clerk
hp .
t •rte.. •I '� . �` - _ ` - • - ,Y -_- 'k - - _ _ c
August 8, 1966
First National-City Bank, .
55 wall St.. r
-.New York, New York
Gentlemen:
Enclosed are certificates•of.Eugene onick, amsey County Auditor,_
to the effect -that he'has levied t to pro e for the payment of
principal and interest on the bonds scrib - n the certificates. '
s _ , Very truly yours, _
City Clerk
ng
STATE OF MINNESOTA ) CERTIFICATION AS TO TAX LEVY
AND REGISTRY OF BONDS UPON
COUNTY OF RAMSEY ) COUNTY AUDITOR'S BOND REGISTER
I, the undersigned, being the duly - qualified and acting County.Auditor of
Ramsey County, do hereby certify that there was.filed in my office on the 5th
day of August, 1966, a certified copy of Council File No. 229700 adopted
August 3 1966 by the City /Council of the of -Saint'Paul,' levying taxes
for $2,300,000 City of Saint Paul Sewage Disposal System Bonds, Series 1966D,
as the same fall due and to pay and discharge the principal and interest thereof
at maturity.
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, and that such tax for the payment thereof
has been levied as required by law.
WITNESS, my hand and official seal this day of August, 1966.
EUGENE A. MONICR, County Auditor
By.
E
Entered in Bond
Register
Jas._C. Stroud, Deputy
a• .� _ r - •.• • r• •�_� '" ! , 2297+ ,
.'paga 2 a ''
, c, that i.f ,eolie.cted ^in "full they
_ shall be:: spieeif�.ed:and -su i .._ yr
''`` `L .together -with 'estimated_ abllecti.ons oi: speci7� ass.essiu�nts,. _. " r
'and .btY'e`r. 'eenues, -p] edged= for.' .the = p.ayinsnt' pf sad d obligations t.
prd?duce rat lest' five. per :centui (�' "eacea of t2id
�' amounts, needed:.'ta'.meet , rhen- due "� :_t3ie=prit�C:a1 and`in'tereet;
`.Payments :ori the abli gat ane and' °,said' l4 �r" further provides
`a. that said -•resolution, st 'l.,--a separate sinking 'fund.'
or a apecial eccourit in''tHe.- unicipAlity' regular sinking
futid for- ' esc� pissue ` or,;•obl gatlftsy Wand_ shall . ii'revacably'
apprdpi &t.e the °taxes ny special_ ass;essmeiits' ?`
or otier reveMUe` s'a`.p]_edged"to that fund or =- account; iiovj,,a
' �th,ereforej pe.'i.tA'
purposea of�pr vid_in hi for ,he. D.�'That- for =, fhe', a" ent. of the,: principal -,sn� i:bterest',- VPon'the .paid. 306', 000. ;
P YB!
";• in- bonds.` soi issued e,Yld` sold- _,.when.:.and. a_ s the :'same mature:,.. i
and for, an add; tional direo <tax .in` an amount ',not legs than.
_ i`ie per= oentum; (5.'.x� "sec "s•sofi+s sum°.- �'eq�Tired: >tts pay
such. principal 'ii.nd�';:,itter4'whentie~ sTjne,. mt(tpre,s Thera is,
4
�., hereby_-1evi.ed orb• all tYe�axable property iii= thety of
l.Saint Pauli .In addttions.to, a11. other ;staxgs.i ,,a;,.tax• `-
p yinent 'of' •said ; 300 oo:•at boi�d5 ,they qtr lowing a .sect , .£._
s- • . , . anniia�. ',irrevgcabl'e' taffies! `to -wit r ,F a
z• _- .
! ��. • �' -� rF_ .s, ,I «r, �iJ '' Y'o�' _ {' . } .. A`4 •x � S IY- • "' •+ ' .. • . •� •'•`, _�. "- � F
. t. _, _ _ - .•Y _�`�a, - - •`tY -[ ".• •��. _, Mfr. - f_ •,_ ._ _� - <.
'-_� �._ . .� - `± . ' .:�_', Sf,- - - K __ ` _ ..•fS' - . ,t-y .� •• _ -•} ,'fir r �, � �' •
- = - i - .. '`• _ �'.,.- 'T_.i �• ' � �~r a_ -! , _' ., -, :� I' • • 1 -, ._fit' - `F'• __ ' - _ _ -_ -L'ti' .- .' .. ' i
• - ^ 4 irk r - 'l 1Y f - s • , Y - - J. -
" �.A • .:. t _ • ±� c - _ .. eft ' ,,l +.- - _• _ • - - .. • - • • , r - r j
• ' ^b -� -t! 'V '4• - � - � r., � -- - - 4'r 'µ r ..� - f� F.A . - ,. •F " �. +'- `a. -: - � •.� _(` , ..T - -' :
.: - . - - • k - ',•. � -` 1. .• '; � v -- -_ .. r� �'S• . _ •. • .i ` { �.-
. • •.. _ '�!`_",.. -�. . ''. ►••- � 4 v��a -- -L �: ._''1W- ... v '1 _t _ �v - - ''_ _ .'C 1_;y_ - _- �� - -. iC.r
BUDGET
YEAR
. 229700
TAX REQUIRED BY
CHAPTER 475, MINNESOTA,
_STATUTES.$ -1963, AS
TAX FOR TAX FOR AMENDED; IN EXCESS OF TOTAL
PRINCIPAL INTEREST PRINCIPAL AND INTEREST TAX
1967
-
$ 89,700.00
$ 4,485.00
$ 94,185.00
1968
-
89,700.00
4,485.00
94,185.00
1969
$ 50,000.00
89,700.00
6,985.00
146,685.00
1970
50,000.00
87,750.00
62887.50
144,637.50
1971
50,000.00
- 85,800.00
6,790.00
142,590.00
1972
50,000.00
83,850.00
6,692.50
140,542.50
1973
50,000.00
81,900.00
6,595.00
138,495.00
1974
60,000.00
_- 79,950.00
6,997.50
146,947.50
1975
60,000.00
77,610.00
6,880.50
144,490.50
1976
60,000.00
75,270.00
6,763.50
142,033.50
1977
70,000.00
72,930.00
7,146.50
150,076.50
1978
70,000.00
70,200.00
7,010.00
147,210.00
1979
70,000.00
67,470.00
6,873.50
144,343.50
1980
70,000.00
64,740.00
6,737.00
141,477.00
1981
70,000.00
62,010.00
6,600.50
138,610.50
1982
80,000.00
59,280.00
6,964.00
146,244.00
1983
80,000.00
56,160.00
6,808.00
142,968.00
1984
80,000.00
53,040.00
6,652.00
139,692.00
1985
80,000.00
49,920.00
62 496.00
136,416.00
1986
100,000.00
46,800.00
7,340.00
154,140.00
1987
100,000.00
42,900.00
7,145.00
150,045.00
1988
100,000.00
39,000.00
6,950.00
145,950.00
1989
100,000.00
35,100.00
6,755.00
141,855.00
1990
100,000.00
31,200.00
6,560.00
137,760.00
1991
100,000.00
27,300.00
6,365.00
133,665.00
1992
120,000.00
23,400.00
7,170.00
150,570.00
1993
120,000.00
18,720.00
6,936.00
145,656.00
1994
120,000.00
14,040.00
6,702.00
140,742.00
1995
120,000.00
9,360.00
6,468.00
135,828.00
1996
120,000.00
4,680.00
6,234.00
130.914.00
$ 2,300,000.00 $ 1,689,480.00 $ 199,474.00 $ 4,188,954.00
DUPLICATE TO PRINTER ^oo
CITY OF ST. PAUL CIOUNCIL NO. _
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
-Page 4.
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 cC the
said City of Saint Paul, and reimbursement therefor shall be made
when said taxes shall have been received; be it
FURTHER RESOLVED, That there shall be created a separate
sinking fund, or a special account in the sinking fund, for said
obligations 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 County
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 Auditor a certificate that he has registered the ob-
ligations in the tax register as required under the provisions of
Chapter 475, Minnesota Statutes 1965, and that the tax levy required
for the purpose has been made; be it
FURTHER RESOLVED, That before the said bonds shall be
delivered 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 475, Minnesota Statutes
1965; 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 principal of said
bonds when the same shall mature; and be it _
FURTHER RESOLVED That in compliance with and for the pur=
poses specified by the pertinent provisions of Chapter 475, Minnesota
Statutes 1965, said special sinking fund in the nature of a special
account in the regular Sinking Fund of said City of Saint Paul hereby
is created.
COUNCILMEN AUG 319661
Adopted by the Council 19—
Yeas Nays
Carlson AUG 31965
Dalglish
Approved 19—
Holland
Meredith In Favor
Peterson ��} Mayor
Tedea ar v Against
Mr. President, Byrne
22
STATE OF MINNESOTA ) CERTIFICATION AS TO TAX LEVY
AND REGISTRY OF BONDS UPON
COUNTY OF RANISEY ) COUNTY AUDITOR'S BOND REGISTER
I, the undersigned, being the duly qualified and acting County Auditor of
Ramsey County, do heroby certify that there was filed in my office on the 5th
day of August, 1966, a certified copy of Council File No. 229700 adopted
August 3, 1966, by the City Council of the City of Saint Paul, levying taxes
for $2,300,000 City of Saint Paul Sewage Disposal System Bonds, Series 1966D,
as the same fall due and to pay and discharge the principal and interest thereof
at maturity.
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, and that such tax for the payment thereof
has been levied as required by law.
WITNESS, my hand and official seal this day of August, 1966.
EUGENE A. MONICK, County Auditor
By ;-
//Jas. C. Stroud,':geputy•
Entered in Bond
Register
,� /i�,L