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229703ORIGINA4TO CITY CLERK • 2cj�03 I CITY OF ST. PAUL COUNCIL h ���JJJ OFFIR OF THE CITY CLERK FILE NO. 6OUNC�ESOLUTION— GENERAL FORM PRESENTED BY COMMISSION U NHEREAV, Chapter 475, Minnesota Statutes 1965 vides that the governing body of any municipality issuing general obligations shall, prior to the delivery of the obligations, levy by resolution a direct general ad valorem tax upon all taxable property in the municipality, to be spread upon the tax rolls for each year of the term of the obligations, and said law also provides that the tax levies for all years shall be specified and such th4l 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 percent (5 %) in excess of the amounts needed to meet, when due, the principal and interest payments on the obligations, and said law farther 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 revenues so pledged to that fund or account; now, therefore, be it RESOLVED, That for the purpose of providing for the payment of the principal and interest upon the $115,000 Joint Sewer Study Bonds, issued and sold, as authorized by Resolution of this Council, Council File No. 229250, when and as the same mature, and for an additional direct tax.in an amount not less than five percent (5 %) in excess of the sum required to pay such W incipal and interest when the same mature, there is hereby levied on all of the taxable property in the City of Saint Paa,l, in addition to all other taxes, a tax for the payment of said $115,000 of bonds, the following direct,annual irrevocable taxes, to wit: E APPROVED Asst Corporation Gouhgitt COUNCILMEN Yeas Nays Carlson Dalglish Holland Meredith Peterson Tedesco Mr. President, Byrne ,1 In Favor A gainst Adopted by the Council 19— Approved 19— Mayor 229 703 TAX REQUIRED BY CHAPTER 475, MINNESOTA �,�S.TATUTE'as 1965., AS BUDGET TAX FOR TAX FOR .AMENDED, IN EXCESS OF TOTAL YEAR PRINCIPAL INTEREST PRINCIPAL AND INTEREST TAX 1967 - $ 4,485.00--: $ 224.25 $ 4,709.25 1968 - 4,485.00 224.25 4,709.25 1969 $ 10,000.00 4,485.00 724.25 15,209.25 1970 10,000.00 4,095.00 704.75 14,799.75 1971 10,000.00 3,705.00 655.25 14,390.25 1972 15,000.00 3,,315.00 915.75 - 19,230.75 1973 15,000.00 2,730.00 886.50 18,616.50 1974 15,000.00 2,145.00 857.25 18 002.25 1975 20,000.00 *1,560.00 1,078.00 22,638.00 1976 20,000.00 780.00 1,039.00 21,819.00 $115,000.00 $31,785.00 - $ 7,339.25 $154,124.25 ORIGINAL TO CITY CLERK -- CITY OF ST. PAUL O NCIL NO. ®� OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE be it -Page 3. 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 of 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 entered the obligations 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 CouUy 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 1+75,- 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 and as the same mature; be it FURTHER RESOLVED, That in compliance with and for the purpose specified by the pertinent provisions of said Chapter 475, Minnesota Statutes 1965, s #id special sinking Band in the nature of a special account in the regular Sinking Fund of the City of Saint Paul hereby is created. AUG 31' COUNCILMEN Adopted by the Council 19._ Yeas Nays Carlson .3 1966 Dalglish Ap ved 19— Holland Meredith n Favor Peterson U Mayor Fed stscco Against Mr. President, Byrne PUBLISHED AUG 4 zz j STATE OF MINNESOTA ) CERTIFICATION AS TO TAX LEVY AND REGISTRY OF BONDS UPON COUNTY OF RAMSEY ) COUNTY AUDITOR'S BOND REGISTER - s I, the undersigned, being the duly qualified and acting County Auditor of 3 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. 229703 adopted August 3, 1966, by the City Council of the City of Saint Paul, levying taxes for $115,000 City of Saint Paul Joint Sewer'Study Bonds, 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 3"21 day of August, 1966. Entered in Bond Register EUGENE A. MONICK, County Auditor By Jas. C. Stroud, eputy Hon, E, A. Monick,u_ County Auditor. Dean Sir: Attached hereto is &'certified -cop a ion, Council File 229703, ad ted by the City'COuhai t 3rd. 1966, for the peVmnt of 115,000 Joint Sere Study g, ° In conformance with the . of t ego on, we would appreciate your providing uss with original dupl cafe original certificates- to the effect that you a entered obligations in than taut register, and that the 'tax levy ha been made. r Very truly youra., = " - City Clerk ' hp _ August $, 1�6b !'irst National City__ Bank f -. New Yo k,tNew Mork Gentlemen Enclosed are certificates of L%Wne nick, amsey County Auditors - ' U. the' effect that he has levied s to . pr e'for the paymnt of principal and interest on the bonds cri in the certificates. Very 'trW$ yours'.,,. - City. Clerk ng DUPLICATE TO PRINTER . CITY OF ST. PAUL COUNCIL NO. 229703 3 OFFICE OF THE CITY CLERK - COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER nATF WHEREAS, Chapter 475, Minnesota Statutes 1965 provides that the governing body of any municipality issuing general obligations shall, prior to the delivery of the obligations levy by resolution a direct general ad valorem tax upon all taxable property in the municipality, to be spread upon the tax rolls for each year of the term of the obligations, and said law also provides that the tax levies for all years shall be specified and such th8k if collected in fall they, together with estimated collections of special assessments and other revenues pledged for the payment of said obligations, will produce at least five percent 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 revenues so pledged to that fund or account; now, therefore, be it RESOLVED, That for the purpose of providing for the payment of the principal and interest upon tba $115,000 Joint Sewer Study Bonds, issued and sold, as authorized by Resolution of this Council, Council File No. 229250, when and as the same mature, and for an additional direct tax in an amount not less than five percent (5�) in excess of the sum required to pay such principal and interest when the same mature, there is hereby levied on all of the taxable property in the City of Saint Paul, in addition to all other taxes, a tax for the payment of said $115,000 of bonds, the following direct,annual irrevocable taxes, to-wit: COUNCILMEN Yeas Nays Carlson Dalglish Holland Meredith Peterson Tedesco Mr. President, Byrne In Favor A gainst Adopted by the Counci 19_ Approved 1 19_ Mayor Paz Cam+ ' J , 22970 TAX REQUIRED BY CHAPTER 475, MINNESOTA I�STATQTES., 1965, `AS BUDGET, TAX FOR TAX FOR AMENDED, IN EXCESS OF TOTAL YEAR PRINCIPAL INTEREST PRINCIPAL AND INTEREST TAX 1967 - $ 4,485.00 $ 224.25 $ 4,709.25 1968 4,485.00 224.25 4,709.25 1969 $ 10,000.00 4,485.00 724.25 15,209.25 1970 10,000.00 4,095.00 704.75 14,799.75 1971 10,000.00 3,705.00 685.25 14,390.25 1972 15,000.00 3,315.00 915.75 19,230.75 1973 15,000.00 2,730.00 886.50 18,616.50 1974 15,000.00 2,145.00 857.25 18,002.25 1975 20,000.00 1,560.00 1,078.00 22,638.00 1976 20,000.00 780.00 1,039.00 21,819.00 $115,000.00 $31,785.00 $ 7,339.25 $154,124.25 DUPLICATE TO PRINTER CITY OF ST. PAUL COUNCIL NO. ry FILE OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE be it Wage 3, 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 of 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 "Ih a 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 entered the obligations in the tax register as required under the provisions of Chapter,4752 Minnesota Statutes 1965, and,that the tax levy required for the purpose has been made; be it FURTHER RESOLVEDI That before the said bonds shall be delivered to the purchaser the Council of the City of Saint Paul shall obtain from the Coun ;y 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 and as the same mature; be it FURTHER RESOLV purpose specified by the Minnesota Statutes 1965, a special account in the Paul hereby is created. COUNCILMEN Yeas Nays SD, That in compliance with and for the pertinent provisions of said Chapter 475, sAid special sinking fund in the nature of regular Sinking Fund of the City of Saint Adopted by the Council 19— Carlson `" --- Dalglish -� " AUG � Approved 19— Holland Meredith In Favor Peterson Mayor T.edest-(T Against Mr. President, Byrne Aft za 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. 229703 adopted August 3, 1966, by the City Council of the City of Saint Paul, levying taxes for $115,000 City of Saint Paul Joint Sewer Study Bonds, 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 i By Qc � -r—�G_ J,as. C. Stroud\,,Pjputy Entered in Bond Register sue/& Xt- I