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229110OR11NAL TO CITY-CLERK y - t PRESENTED BY COMMISSION CITY OF ST. PAUL CE OF THE CITY CLERK LUTION — GENERAL FORM 229110 COUNCIL NO. FILE - I' WHEREAS, the City of Saint Paul, by Ordinance No. 11322 passed by the Council and approved by the Mayor October 3, 1951 and as ratified and approved by a majority of the electors of said City at the election held November 4, 1958, provided for the issuance and sale of Ten Million Dollars ($10,000,000) par value in and of Water Works Bonds of said City for the purposes of extending, enlarging, improving, and bettering the Water Works System owned and operated by said City; and WHEREAS, heretofore of said authorized bonds there has been issued by said City for said purposes bonds aggregating Six Million Five Hundred Thousand Dollars ($6,500,000), denomi- nated City of Saint Paul Water Works Bonds, Series 1959A, City of Paint Paul Water Works Bonds, Series 1960B, and City of Saint Paul Water Works Bonds, Series 1961C, and it has become and is now advisable and necessary that an additional Two Million Dollars ($2,000,000) par value in and of said bonds be issued and sold for said purposes, with all convenient speed, as the Board of Water Commissioners of the City of Saint Paul, by its Resolution adopted June 9 , 1966 has found and requested, it is hereby RESOLVED, That the Council of the City of Saint Paul issue and sell at this time Two Million Dollars ($2,000,000) par value in and of said Bonds pursuant to and in accordance with said Ordinance No. 11322; that said bonds shall be in denominations 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 January 1 and July 1 according to the coupons to be attached to said bonds; that said bonds shall bear date July 1, 1966; that said bonds shall be in the form of serial bonds, and a portion thereof shall be payable each year com- mencing July 1, 1969, but none of said bonds shall run for a longer period than thirty (30) years from the date of the same; that no annual installment of principal of any of said bonds payable in any calendar year after the date of the same shall COUNCILMEN Yeas Nays Carlson Dalglish z Holland Meredith _. Peterson Tedesco Mr. President, Byrne In Favor Against Adopted by the Council 19— Approved 19— Mayor za 229110 Page 2. exceed five times the amount of the smallest prior installment thereof payable in any calendar year after the fourth calendar year; that the principal $2,000,000 par value of said bonds shall mature serially commencing July 1, 1969 over said thirty - year period on the following dates and in the following amounts: Date of Maturity Amount July 1, 1969 $ 401000.00 July 11 1970 405000.00 July 11 1971 40,000.00 July 11 1972 50,000.00 July 11 1973 501000.00 July 1, 1974 50,000.00 July 1, 1975 501000.00 July 11 1976 607000.00 July 1, 1977 60,000.00 July 1, 1978 60,000.00 July 15 1979 607000.00 -- July 11 1980 60,000.00 July 11 1981 60,000.00 July 11 1982 60,000.00 July 11 1983 80,000.00 July 1, 1984 801000.00 July 17 1985 80,000.00 July 11 1986 80,000.00 July 19 1987 80,000.00 July 15 1988,= 80,000.00 July 11 1989 80,000.00 July 19 1990 100,000.00 July 19 1991 100,000.00 July 17 1992 100,000.00 July 1, X993 1001000.00 July 11 1994 100,000.00 July 17 1995 1007000.00 July 17 1996 100,000.00 $2,000,000.00 RESOLVED FURTHER, That sealed proposals be received at the office of the City Comptroller in the CitytHU11 and--- Court House in the City of .,Saint Paul, Minnesota, up to 9:30 A.M. (C.D.T.) on July 19, 1966, 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 paper of said City, and in Commercial West, a 220110 Page 3. financial periddical 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 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 who will pay par or better therefor, and at the lowest rate of interest not exceeding six percent (6 %); and RESOLVED FURTHER, That said Water Works Bonds of the City of Saint Paul in the amount of Two Million Dollars ($2,000,000) par value authorized and provided to be sold hereunder,,in denomi- nations of $1,000, $5,000, or $10,000, at the option of the pur-. chaser, as aforesaid, shall be denominated "City of Saint Paul Water Works Bonds, Series 1966D112 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: y._ "UNITED .STATES OF AMERICA `STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF SAINT PAUL WATER WORKS BOND SERIES 1966D No. $ ............... "KNOW ALL MEN BY THESE PRESENTS, That the City of Saint Paulin the County of Ramsey and State of Minnesota, acknowledges itself to owe and for value received hereby promises to pay to bearer the sum of ..................... Dollars ($..........) on the first day of July, 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 January and July, 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 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 Page 4. 229110 the City of Saint Paul are hereby irrevocably pledged. "This bond is one of a series amounting in the aggregate to the sum of Two Million Dollars ($2,000,000) issued by the City of Saint Paul for the purposes of extending, enlarging, improving and bettering the waterworks system owned and operated by the City of Saint Paul. This bond is issued pursuant to Ordinance No. 11322, passed by the Council of said City, and duly signed, attested, approved and published in the manner required by the Charter of the said City and approved by the electors of the City of Saint Paul at the election held November 4, 1958, and said Council's Resolution, Council File No. 2 , adopted and approved June 14 1966, and under authority of and in all respects in full compliance with Section 217'of the Charter of the City of 'Saint Paul and such other sections thereof as may be applicable thereto, and Chapter 475, Minnesota 'Statutes 1961, as amended. "It is hereby certified and recited that all things, acts and conditions required by the Constitution and laws of the State of Minnesota and the Charter of said City to happen and be done and performed precedent to and in the issuance of this bond have happened and been done and performed in regular and due form and time as required by law, and that the total indebtedness of said City, including this bond, does not exceed any constitutional, statutory, or charter limitation. "IN WITNESS WHEREOF, 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 sig -,_ nature of its City Clerk and countersigned manually by its Comptroller, and each of the interest coupons hereto attached to be executed by the lithographed facsimile signatures of said officers, this first day of July, 1966. .............................. Mayor Attest: ....................... City Clerk Countersigned: ..............9.0....0.0...... City Comptroller ORIGINAL TO CITY CLERK 22 911 0 CITY OF ST. PAUL COUNCIL NO. _ OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE - Page 5. "COUPON No. ............... $ ............... "On the first day of JMy 2 19..., the City of Saint Paul, Minnesota, promises to pay to bearer ................ Dollars ($.......... ) at the Fiscal Agent of the City of Saint Paul, in either Saint Paul, Minnesota, or New York, New York, at the option of the holder,_for the interest due that day on its Water Works Bond, Series 1966D, dated July 1, 1966, No. . . ............................... Mayor Attest: .......................... City Clerk Countersigned: ...... ....... .... .. ...... ....►1 City Comptroller if and be it RESOLVED FURTHER, That each said bond shall be sealed by the facsimile of the Official Seal of the City of Sa / lithographed thereon and signed by the lithographed facsimile 101F he Mayor, attested by the lithographed facsimile signature of the City Clerk," and countersigned manually by the City Comptroller, in accordance with Section 475.55, Minnesota Statutes 1961, as amended, and the interest coupons thereto attached shall be executed by the litho- graphed facsimile signatures of said officers. XUN 1- 1966 COUNCILMEN Adopted by the Council 19— Yeas Nays Carlson JUN 14 1966 Dalglish proved 19— Holland Meredith In Favor Peterson I —(/Mayor Tedesco V Against Mr. President, Byrne PUBLISHED JINN 1$ 1966 zz DUPLICATE TO PRINTER 22011 0 CITY OF ST. PAUL FOENCIL NO. _ OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE WHEREAS, the City of Saint Paul, by Ordinance No. 11322 passed by the Council and approved by the Mayor October 3, 1956, and as ratified and approved by a majority of the electors of said City at the election held November 4, 1958, provided for the issuance and sale of Ten Million Dollars ($1,0,000,000) par value in and of Water Works Bonds of said City for the purposes of extending, enlarging, improving, and bettering the Water Works System owned and operated by said City; and WHEREAS, heretofore of said authorized bonds there has been issued by said City for said purposes bonds aggregating Six Million Five Hundred Thousand Dollars ($6,500,000) denomi- nated City of Saint Paul Water Works Bonds Series 195 A, City of Saint Paul Water Works Bonds, Series 1990B, and City of Saint Paul Water Works Bonds, Series 1'961C, and it has become and is now advisable and necessary that an additional Two Million Dollars ($2,000,000) par value in and of said bonds be issued and sold for said purposes, with all convenient speed, as the Board o10 Water Commissioners of the City of Sulat Paul, by its Resolution adopted June 9 , 1966 has found and requested, it is hereby RESOLVED, That the Council of the City of Saint Paul issue and sell at this time Two Million Dollars ($2,000,000) par value in and of said Bonds pursuant to and in accordance with said Ordinance No. 11322; that said bonds shall be in denominations of $1,000 $5,000, or $10,000, at the option of the purchaser; that said bonds shall bear a rate of intefest not to exceed six per centum (6 %) per annum payable sami- annually on January 1 and July 1 according to the coupons to be attached to said bonds; that said bonds shall bear date July 1, 1966; that said bonds shall be in the form of serial bonds, and a portion thereof shall be payable each year com- mencing July 1 19699 but none of said bonds shall run for a longer period than thirty (30) years from the date of the same; that no annual installment of principal of any of said bonds payable in any calendar year after the date of the same shall COUNCILMEN Adopted by the Council 19— Yeas Nays Carlson Dalglish Approved 19— Holland Meredith In Favor Peterson Mayor Tedesco Against Mr. President, Byrne zz .1�• 5 - '� ` -- •. .. - x.- ;'!4'Q:.}'t ti}L ` k.t, �a r d'i *: c a, •'a` "5�c.,, '•. � ��i y t, .. ,' �. _ ., -Rl .. `r. .....s .y... 110 k'-' - y, 'S ^ •. kA 1 F'• wi l.• 1 ' ,, i _ ' _ , _ •� _.a -�� ;• -ter ezeeed'fiYe_`timee. tithe amount of;' theLsmalles�t, pr.tor_ installment. thereof•payable ;il -.any: cahendar =year .after the fourth •al_endar,- y' y -_ year ; - that° the pri iQipal "_ 2�000�000' per vaUe `of, said`' bonds r _ •shall.Ima'tuie, seili' ly commena` ng July li 1969.: over said thirty- s ` ,year, period on the folloi�U dates 4i L:- the ,fbllo� ring mount's s .Date 'of ~Amount ' j• . ,•.. . . _ . - � -. -� �F. �. � • �. ' r- � - 40, 000. • oo Ju1y`1; ;, x.969:, , _ {' . July- l', x:970 ; ;:� _- � 40;.000.30.0. Ju1r ;1 X971= ��. ` : - - : 4.40, 000 !00, %97� : r .:f- _ -° : , . 50',000.00 - • .' "'� , July'1�,_ 197,3Y . ,y`= ;� .., 50'i000.00, v ' _ July - �'�197. :,: _. ' 50,00.0.00 ;July'' 1 "197, ' ``• ' 50- , 000'.00, ; �1July i, '1'1976 _ ; .. ; 60%,000.00, r. luny = X977 :. , °' 60 ooa.0o.= ,1978' :''.ti,, 60,000,00 _ As-1979, 60" ,.000.00- ` July: �,, . 1980' 60-00 0.00 'July •1�, -1981 u:, "' ° �' , :� '< s 60 i 000,:00 " _ ` • -0 •s 'July" 1; _ 1982 = t:, F ` = 60-,000.00 "July 19. 19883. _ S0.066 0 . • - ,� 'July 1 1984 r • , - 000, QQ- July 1; _198 '. _ ;> 2•:'8a,000.00:. ;, , { July •1, 19$6` _r_,.;,`_w 80- ,000..00• . - :July. 1,1,11987- xA". 80,.000:00, July' 1, X9$8- r� :}'• , " Sa,000.00 ': +' 80 000 - July ,-, x.989 ..T .. Viz... _ .4: duly' 1,' 19'90 1.40,.000.00 - July' " �'- '1991 ,�.. , _ 100 i 00o "'00 J1i1y' 1y' 1992 r, 140,00'0.00'- - = - ' �ulY .1 ! 993 100,000 oQ - - " "`-,Tiny `1',. 994',- r,z •.y;; }100",o09':Q0 { '100,000.ob_ a ,Jury i, _-J-996 z 100.000:00 _ - �,d %Q,60,0.00'. - r t_ RE30LVED FURTHER Th%t'�sealed proposals .be- reoelved `at the -office.. of the City.•,Comptroller in the Cty�Iii_ S�1andd -Court House' in the • Cit , of -Saint Paul ` Miinn6sota u to 9 t 0 p. p , . A,.M (C. D: 'T:) on July 19 ` 1966; -for the • sale. of, :all'.'or rione- r..• ; -'of sni8� bonds; - after - gi:Qing' -idu® notice of °such .•sake iii the _ miner preorbed by law in: fhe -3t- .Paul.' -Legal `Ledger.; : the,. _ t�fficial paper of said city' and in Co�aunercial -West' a -' - _ + < _ - C_ 'w D"i •L a! �..�, �i .tt' y�' -!�. _ 1•'['' J � '.i fit' • • Y • . +... x • _ , •$I7 1 ? i~ tip ?4 Ge`- i_*.ft }':+ =� �l� `.. ., o • -r .. ... _ ' `• - - - , r. •� , {- .',_`t ;_ .- .` ' tY _. ;, y, , • F ..1 a Ly ' - ,C- • `. _ v .�- � +'.ra. v�r .e f' is. ". -;R _'',qi:� 5��4 •: re 'S 3 � }. a. .. .. _ . _ _ 'L -.` _+R +.- r`w •r' e.d'i'iZ1: .. _= t��i.f:•� li si'._• _. _ . • - '- •�y.� T_ _ - - - - ., .fin C',t,. _ _ -` - I _, - •t•` _ x — {:y 9 11,0 ; If r y.. Page ♦ 1 ? r ` .financial pperiddica-l.,p11blis i.ed riii''th'e`-State of.'- Minnesota' �w'=f that',e4ch "bidder ;she11 be" reiuire o.a ;' t 4 d t ccompany •his bid by ;,:; a cert fiedor caihiei',:s Cho ck_ ;dr t46--42" perceht;.o£ the - amount--of the..bonds,:bd `£or`, whioh.;'shali'be forfeited to, ` s. "the City as ,liquideit:ed` damages- if;' the .bonds are- -not taken arid-. ; f paid for`,'when -ready for .delivery ;' and,ahat the_.City Comptroller et the . n ®at meeting .after receiving' said - bids, present the a6me' -to -the,-Cpuncil for" its.- action.. thereon, • aq4- that' said, " t` bonds shall be offered'to -'the person who will-pay'par or,.,better- 31 -i _ - therefor aril gat - the, :flow ®st. -:rate' =of � interest, not :exceeding "six peibe- � (6 ) . ;, and • -- 1 - ..[ _ -' . - ?:-s.j ?:'.ij•r }. �. d�•? .r `i' -,•1 4 '� • -_1L' f i -�, a.• }� .4 .. R50LVED.` FORT h a Tag '.: T t s id W ter .k'�rs Ronde of...the _ CityW taint- -Rail in _the `amount- of 'Nd' Million Dollars ($2,0001000) - Z- - _ par value`- authorized `►nd''p ovid�d Yto.3- be`;'soi�( hereunder in denoki- '� nations -.of 41, 0007 '-� �t5 *0�9 ,Q_OQ � t� tiie o Lion of the..pur= t i.r _ r= - _} chaser' ;- `ss aforeagid, shall-,be denominated "City :of Saint ' Paaul Water' :-Works' Borids_�'� gor..iea-�,1966v)4s #ndt-shall��ibe- �:z� s�bstantially _- the'fpiiow ng- •;fprm;.v ioi:'i�a .' rein, -�PriQptred by 'the:., i -bking f nd• ,Committee -and :g'p v ®d by' ' Corporation= Counsel'�of' said- C_ i.ty, and -is .hereby =apprdved - and_.. adopted: : o "UNITED STATES •0F..AMERICA STATE OF MINNESOTA'.. = ,. CITY- 0F. SAINT,.?A L 4, ry a -_ '• .- ;' •- ^- WATER WOAR3 BOLD _ 'r5 ~'• 't. - • ' .u.^ - .SERIES 1966D "RNbW. ALt• �BN. BY THESE- - P'RESFNTS` That' tie Gity o£ ''Saint :Pauli in the - 'County of Rams ey` =and State of'. ,Minnesota -, y �'aaknoxladgo&,,itself to owe and •for -ware ,received hereby y' promises to °pay..to'- bearers -the 'suat of t = Dollarai .0 :.:. s, , : � ::) .: on' the' .first: day o£ _ Ju1yi` 19..." together with inter ®st' -,thereon 'from -,the; date hereof ,until pad id r at tho' rate - o f � .:...', : :' -per centi Per - annum,-: payable. { Sam - annually _on the first-, days 'of -January and :uly, irii- each. year, - as. evidenced by and ;upon the presentation' and " surrender of_ the annexed,,interest coupons s they 'severallyY: `. ' beaorae 'tiue�- 'Both ptinaipal' and interest 'of this bond ire pAYable inilavful- momeyqP the - United States -of Americas -�. a.t ".the - Fiscal Agent of th ®_ City of ` mint' Pa.61 an either 4 �- `- ;Saint Paul; `Minnesa to ' :, or' -dew. Yolk, ,IQe�ir Xork�° gt the option° . - ,af the holder; -arid. for -.`the .promp't p "ayment .of„ this bond;. both ' _ ` t . -'pr n'ipal' and interest y- at matiir,ity,' - the.'faith and. credit =,of: •,-� -- ,' � r •- r ' - t } _ _ -'. `,s -Ri. ;•• - 'i•, r r r • 1r - \F• _ __•r•.. ♦' c . ` r' • - ._i�'. Y - _ ,- ., - ' S ^`r•r - _- '- - - - �r ,} it Ir : - - - _ - .. •.. _ rye : •° _ _ r'1 '4, jam• - -vr _' Pag -8",• _ _ _ _ _ _ .. 'the City' of Saint- Ptia —.ard,her"eby`'irrevocably� pledged.. - .n . n 1s ona - °of °8 Series am6untin - 'in the aggregate,- t'o` the. - 'sum - of. - ro. Miiiion-D'oll-ars ( 2,000,.D00 issued '`by the_ City of S'alzit'` Paul. for. the purposes eatending , eniaarging - ' #mprovin and 'b6tt r - - 6 e ing the_ - ,4aterwojrks system owned and ;operated..by- tha."C1ty` -of Saint, Paul, -- -This .bonds -is .issued pursuant to:- Ordinance $o:, .113221 passed -by °the Council of acid City, '.and ,duly • - : _ sign+�d,' attested approved' and '�iubli "shed : in theaaiiner.; "` - rn; k r 4 re iced bythat• 6harter of rthe3 slid C'ty. -end approved .bythe - electbrs "'oi - 1he-- City•'of .Sa'iiit• Paul .at-the eiection ' held• November 4, _1� 5$,, ;and = �;id :,Counq- i11,s` Res6luti6ri Council—A16 -,No -i� p 4 andx approved June 19661.. rind: iindW'#u .or y "•of , Aiid` in 41-1tt respects in`fu compliance' with:. Section 217 .of, the Charter of 'the City ,of - ° Saint Patin 'rand uc , ,other s idt�.'on5 'triereof i may b a r. , .4 a' lic _gbh- -e: t 'era'to� snit . h`�aptei _475 ,- Minn�sQta •.Statut -i-s �. ; 1961 }lt as-� amended: j = It is hereby . certifi ®d..`and recited that ell things, acts and• -.conditions `required by •the Constitution . and -. ,: laws_of'I the State of Minnesota• and the- _Charter of said ` Cf ty' to - happen and .be done sand Ferfortaed° precedent to. and- in' the issuanca of this bond• have • happ ened - and bin done and. p ertormed _ -"iii regu�.'ar and - -due form ant time_ ` a.s required by law, and that the -- total-, indeb.tedne.ss of said City •in¢ludimg this bonds ,does -not - exceed any T _ ` x =- constitutional; w sta tutory;` or charter limitation. - _ T itTNESS,.WHEREDF3 The:'said` City of =Saint Patil�' by ;its Council, has oau this bond to he- sealed -by r ' " the 'facsimile• of- --its Ofric�ial'Seal, '.lithographed therson�; to be signed by the lithographed facsimile,` signature' Of ^s it IM r,- ettes.ted by. -_the .`lithographed facsimile sip,- - nature of its .City Clark. -•and counter "si'gned 'ii nually by° •its Comptro- 11'er`, . an each- of the - interest -: 'coupons' - hereto_ attached to be executed by: they" lithographed .facsimile - ' sigaatur-es of said-, off16ers -;;,-• th'is first-day of - July.,, 1966. _ , • - _ � • ._ � - • • ' = � " ; - , -• • - ., -' .; ' 0.0 0 ' YAttest . ::,....:...::':.:.{,:.iY.J...: ,r i:•. Y ! , ,..: w. __ ,.. ,.. • , - . .. :,. - City• ,Ci erk -•..- - ..- . _' . -- _ _ ; _ ,- "�- -. •,., - f ,1 • s Courite�rsigned's .:. •... ..:.:...:.:.:.......... �- - City Comptroller . _ t .. � _ .. •_ _ wry.' . •. •. ' "�'•S r .. `.` , <`. - .. i- alt • �' . -- r ' . " `•i• '• •;. - _} ,. DUPLICATE TO PRINTER 229110 CITY OF ST. PAUL COUNCIL NO. _ FILE • OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE Pa6e 5. "COUPON No* ............... "On the first day of lInuary, 1q..., the City "of .Saint July, 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 the interest due that day on its Water Works Bond, Series 1966D, dated July 1 1966, 'No. ............,,. :. . ............................... Mayor Attests .......................... 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 of the Mayor, attested by the lithographed facsimile signature'of the-City Clerk, and countersigned manually by the City Comptroller, in accordance with Section 47 5.55, Minnesota.Statutes 1961, as amended, and the interest coupons thereto attached shall be executed by the litho- graphed facsimile signatures of said officers. COUNCILMEN Yeas Nays Carlson Dalglish Holland Meredith Peterson Tedesco Mr. President, Byrne In Favor .0Against jUN 1 -4 1966 Adopted by the Council 19- 7 ^ ... JUN 10966; ° Approved 19— Mayor OM 22