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2147841 ,� • �'., , '4jo, �J Council Flle No. 214784— Ordinance No. F. Peterson— k„ + - �', r Ori¢inal to-City Clerk � 12569 —By Robert • ±�.L Rte. i An ordinance making provisions r therefor and authorizing the lssuance� C1, by the City of Saint Paul of f Y and -3ale 4� girds of; said City in the park not- tti.e?4cead Three?im -j 1� "` COUNCIL FILE NO.-' PRESENTED BY� ORDINANCE NO.- AN ORDINANCE MAKING PROVISIONS THEREFOR AND AUTHOR- IZING THE ISSUANCE AND SALE BY THE CITY OF SAINT PAUL OF THE BONDS OF SAID CITY IN THE PAR VALUE SUM OF NOT TO EXCEED THREE HUNDRED THOUSAND DOLLARS ($3002000.00), AUTHORIZED BY CHAPTER 353, SESSION LAWS OF MINNESOTA FOR 19559 AS AMENDED, THERETOFORE, AND BY CHAPTER 5569 SESSION LAWS OF MINNESOTA FOR 19639 FOR THE PROCUREMENT BY SAID CITY OF FUNDS IN THE SUM OF NOT TO EXCEED THREE HUNDRED THOUSAND DOLLARS ($300,000.00) NECESSARY FOR THE PAYMENT OF SAID CITY'S SHARE OF THE COST AND EXPENSE OF THE EXPANDING, ENLARGING, MODIFYING AND EQUIPPING•OF THAT CERTAIN INTEGRAL PART OF THE ESTABLISHED JOINT CITY AND COUNTY DETENTION FACILITIES AND THE JOINT CITY AND COUNTY WORKHOLB E OF THE CITY OF SAINT PAUL - AND THE COUNTY OF RAMSEY, AS AUTHORIZED AND PROVIDED BY CHAPTER 3539 SESSION LAWS OF MINNESOTA FOR 19559 AS AMENDED, DESIGNATED AND KNOWN AS "BOYS TOTEM TOWN ". ?` THIS IS AN EMERGENCY ORDINANCE RENDERED NECESSARY FOR THE PRESERVATION OF THE PUBLIC PEACE, HEAL,%H:AND SAFETY. WHEREAS, thereunder and pursuant to the provisions, terms and conditions of Chapter 353, Session-Laws of Minnesota for 1955, as amended, the Joint City and County Detention Workhouse Commission of the City of Saint Paul and the County of Ramsey was created for the purposes of said acts, and said Commission adopted a plan for the acquisition of the site there- for and the erecting, equipping and furnishing of the _now- established Joint City and County Detention Facilities and "µ Joint City and County Workhouse of tthe City of Saint Paul and the County of Ramsey; and said Commission having been hereto- fore and pursuant to the pertinent provisions of Chapter 353, Session Laws of Minnesota for 1955, as amended, theretofore, and by Chapter 556, Session Laws of Minnesota for 1963, dis -• charged and superseded by the Detention and Corrections Au- thority of the City of Saint Paul and the County of Ramsey; and WHEREAS, it is necessary that the City of Saint Paul procure additional funds in the sum of Three Hundred Thousand Dollars ($300,000.00) for payment on account of said City's sha re of the cost and expense of the expanding, enlarging; modifying and equipping of that certain integral part of said Joint City and County Detention Facilities and said Joint City and County Workhouse, designated and known as "Boys Totem Town" and therefor to issue and sell the bonds of .said City in the par value sum of Three Hundred Thousand Dollars (300,000.00), as authorized by said Chapter 353, Session Laws of Minnesota for 1955, as amended, theretofore, and by Chapter 556, Session Laws of Minnesota for 1963; and Yeas Councilmen Nays Dalglish Holland Loss Mortinson Peterson Rosen Mr. President (Vavoulis) Attest: r City Clerk 1M 6-62 X22 Passed by the Council Approved: Favor Against Mayor. 'r )t i, -q w Vr�jJ6 11 _ •t.7 -w �.. r SECTION 1 That the City of Saint Paul issue and sell the bonds of said City in the par value sum of Three Hundred Th-ausand Dollars ($3009000.00), authorized by Chapter 353, Session Laws of Minnesota for 1955, as amended, for the procurement by said City of the necessary additional sum of Three Hundred Thousand Dollars ($300,000.00)jfor payment on account of said City's share of the cost and expense of the expanding, enlarging, modifying and equipping of said integral part of said Joint City and County Detention Facilities and said Joint City and County Workhouse, as aforesaid, designated and known as "Boys Totem Town ", there- under, and pursuant to the provisions, terms and conditions of said Chapter 353, Minnesota Session Laws for 1955, as amended. SECTION 2 '� j That said bonds shall be in the form of serial bonds and the same shall bear date the lst day of the month In which the same shall be sold; that the first installment of said bonds shall mature not later than three (3) years from and after the date of the same and the last.installment of said bonds shall mature not later than thirty (30) years from and after the date of the same; that no amount of prin- cipal of said bonds payable in any calendar year shall exceed five (5) times the amount of the smallest amount of principal maturing in any calendar year ending three (3) years or more " after- the-date of issue of the same; and that said bonds shall be issued and sold by said City, in the manner provided by law. That said bonds shall be in the denomination or denominations of multiples of $1,000, as the Council of said City shall pre- scribe by its pertinent Resolution and shall bear interest not in excess of six per cent (6 %) per annum payable semi- annually according to interest coupons to be attached tg the same; that said bonds shall be in the form prescribed''_ by the Council of said City and approved by its Corporation Counsel; and that said bonds shall bear such interest not in excess of six per cent (6 %) per annum as said City Council shall prescribe, and shall be sold by said City Council for not less than par value plus accrued interest, to the highest bidder therefor, after two (2) weeks published notice of the time and place for receiving bids thereon. That the proceeds from the issuance a nd sale of said bonds as received by said City, shall be deposited by it in a fund of said City designated as "The De- tention and Corrections Authority Fund ", in,the Treasury of �4 i��M2 • �U i i~ 4"i". •,' : rye'' � .r F;•• ♦ 2 7. k t _M, i U. - 2 - WHEREAS, the provisions of said Chapter 353,% Session Laws of Minnesota for 1955, as amended, authorizing > the aforesaid issuance and sale, by said City, of its said bonds in said par. value amount not to exceed Three Hundred.`t Thousand Dollars ($300;000.00), for said specified purposes, ' by virtue of said amendatory statute, Chapter 556, Session ` Laws of Minnesota for 1963, were incorporated therein, to -..' gether with other provisions which, among other things, au- thorize the issuance and sale, by the County of Ramsey, of y the bonds of said County, in the par value amount not to exceed Three Hundred Thousand Dollars ($300,000.00)9 for the procurement by said County of the necessary funds there- for, in the amount of not to exceed Three Hundred Thousand Dollars ($300,000.00), for payment by said County on account.-, ` of its share of the cost and expense of the expanding; en- larging, modifying and equipping of said integral part of said .Joint City and County Detention Facilities and said Joint e� City and County Workhouse, as aforesaid, designated and known as "Boys Totem Town"; and WHEREAS, pursuant to the provisions of said Act,' said Chapter 556, Session Laws of Minnesota for 1963 became effective upon its approval by the Board of County Commissioners of the County of Ramsey and upon its approval by the City•Coun- of the City of Saint Paul, acting severally and incompliance , with the provisions of Minnesota Statutes Annotated, Section 64.5.021, said Board of County Commissioners of the County of - S ` its Resolu- �r Ramsey, having approved the same May 20, 1963, b y :Y tion No. 9 -6838 and said City Council of•said City of Saint Paul having approved the same on June 18, 1963, by,its Resolu- tion, Council File No. 213387, approved the same date; and the County Auditor of said Ramsey County, as Chief Clerical Officer- of said County, having thereupon filed with the Secretary of State of the State of Minnesota, a Certificate in form prescribed by the Attorney General of the State of Minnesota,, stating the essential facts necessary to said approval of said Act by said Board of County Commissioners, among other things, including a copy of said Resolution of approval of said Act, adopted by said Board of County Commissioners; and the City Clerk of said City of Saint Paul, as the Chief Clerical Officer of said City of Saint Paul, having thereupon filed with said'Secretary of State a Certificate in form prescribed by said Attorney General, stating the essential facts necessary to said approval of said Act by said City Council, among other things, including a copy of said Resolution of approval of said Act adopted by said City Council: THE COUNCIL OF THE CITY OF SAINT PAUL DOES ORDAIN: ,7 w 41Z WHEREAS, the provisions of said Chapter 353,% Session Laws of Minnesota for 1955, as amended, authorizing > the aforesaid issuance and sale, by said City, of its said bonds in said par. value amount not to exceed Three Hundred.`t Thousand Dollars ($300;000.00), for said specified purposes, ' by virtue of said amendatory statute, Chapter 556, Session ` Laws of Minnesota for 1963, were incorporated therein, to -..' gether with other provisions which, among other things, au- thorize the issuance and sale, by the County of Ramsey, of y the bonds of said County, in the par value amount not to exceed Three Hundred Thousand Dollars ($300,000.00)9 for the procurement by said County of the necessary funds there- for, in the amount of not to exceed Three Hundred Thousand Dollars ($300,000.00), for payment by said County on account.-, ` of its share of the cost and expense of the expanding; en- larging, modifying and equipping of said integral part of said .Joint City and County Detention Facilities and said Joint e� City and County Workhouse, as aforesaid, designated and known as "Boys Totem Town"; and WHEREAS, pursuant to the provisions of said Act,' said Chapter 556, Session Laws of Minnesota for 1963 became effective upon its approval by the Board of County Commissioners of the County of Ramsey and upon its approval by the City•Coun- of the City of Saint Paul, acting severally and incompliance , with the provisions of Minnesota Statutes Annotated, Section 64.5.021, said Board of County Commissioners of the County of - S ` its Resolu- �r Ramsey, having approved the same May 20, 1963, b y :Y tion No. 9 -6838 and said City Council of•said City of Saint Paul having approved the same on June 18, 1963, by,its Resolu- tion, Council File No. 213387, approved the same date; and the County Auditor of said Ramsey County, as Chief Clerical Officer- of said County, having thereupon filed with the Secretary of State of the State of Minnesota, a Certificate in form prescribed by the Attorney General of the State of Minnesota,, stating the essential facts necessary to said approval of said Act by said Board of County Commissioners, among other things, including a copy of said Resolution of approval of said Act, adopted by said Board of County Commissioners; and the City Clerk of said City of Saint Paul, as the Chief Clerical Officer of said City of Saint Paul, having thereupon filed with said'Secretary of State a Certificate in form prescribed by said Attorney General, stating the essential facts necessary to said approval of said Act by said City Council, among other things, including a copy of said Resolution of approval of said Act adopted by said City Council: THE COUNCIL OF THE CITY OF SAINT PAUL DOES ORDAIN: - 4 - r.F ZM 4J. f'. said City of Saint Paul, and the moneys constituting the pro- ceeds received from the sale of such bonds as the same shall be deposited In said Fund, hereunder, shall be disbursed therefrom for the purposes aforesaid in the same manner as;^:, ,'• other funds of said City of Saint Paul are disbursed but only for the purposes herein expressed, and according to such other procedural requirements in reference thereto as are set out - specifically in -said Chapter 353, Session Laws of Minnesota for 1955, as amended, theretofore, and by said Chapter 556, ; Session Laws of Minnesota for 1963. That the proceeds of the issuance and sale of said bonds, hereunder, hereby are appro- priated thereto and shall be used only for payment on account of said City's share of such cost and expense of the expanding, enlarging, modifying and equipping of said integral part of said Joint City and County Detention Facilities and said Joint City and County Workhouse, as aforesaid, designated and known as "Boys Totem Town ", thereunder, and as authorized by said' Chapter 353, Session Laws of Minnesota for 1955, as amended, theretofore, and by said Chapter 556, Session Laws of Minnesota for 1963, and that the same hereby are irrevocably appropriated therefor and allocated exclusively to said specified purposes. That. said bonds shall be payable in lawful money of the United States of America, at the office of said City's Commissioner of Finance, in said City of Saint Paul, or at the Office of the Fiscal Agent of said City in either Saint Paul, Minnesota, or New York, New York, at the option of the holder, and the full faith and credit of said City hereby are irrevocably pledged for the prompt and faithful payment of both principal and in- terest of said bonds. SECTION 3 That each of said bonds shall be sealed by the facsimile of the Official Seal of said City lithographed thereon and signed by the lithographed facsimile signature of the Mayor, attested by the lithographed facsimile signa- ture of its City Clerk, and countersigned manually by the City Comptroller, and each interest coupon thereto attached shall be signed by the lithographed facsimile signatures of its said Officers. SECTION 4 That said City's proper Officers hereby are au- thorized, directed and required to set aside annually from the revenues of said City an amount sufficient for the payment of the interest on said hereby authorized bonds and the prin- cipal of any such bonds maturing in such year and hereby are authorized, directed and required to make a sufficient tax levy for the payment of the same under and pursuant to said Chapter 353, Session Laws of Minnesota for 1955, as amended, theretofore, and by said Chapter 556, Session Laws of Minnesota for 19631 and under and pursuant to Minnesota Statutes 1961, Chapter 475, as amended; that such provisions of this Section d ' 4 OrlrInal to-City Clerk Q y - PRESENTED BY ORDINANCE � COUNCIL FILE NO. 21 ORDINANCE NO. L2 - 5 - are in addition to the pledge of the full faith and credit of said City for the payment of said bonds and are not in lieu of such pledge." SECTION 5 This ordinance is hereby declared to be an emergency ordinance rendered necessary for the preservation of the public peace, health and safety. SECTION 6 This ordinance shall take effect and be in force from and after•its passage, approval and publication. Yeas Councilmen Nays Dalglish Holland Loss Mortinson 71 14 -T-etepseir CJ Rosen Mr. President (Vavoulis) Attest: City Clerk IM 6-62 22 r lY Passed by the Council OCT 5 1967 " Tri Favor• s =' J �- •�' , Against • . R • J 90T 15 .ppro a Mayo� is v 2n Laid over to 3rd and app d'opt Yeas ay`a Yeas Nays \ i HaigHslf Dalglish Holland Holland Loss (� Loss Mortinson ✓ ✓✓ Mortinson Peterson Peteraoir— piesen- Rosen \1 Mr. President Vavoulis Mr. President Vavoulis I