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215229ORIGINAL TO CITY CLERK t PRESENTED BY COMMISSIONER ,N COU r —i CITY OF ST. PAUL - 'VBLjSMD J� - a� -� FIOr. NCIL NO., OFFICE OF THE CITY CLERK Q�11_ RESOLUTION— GENERAL FORM 215229 uncil File No. 215229 —By Robert F. '�'eterson- IT✓EiEREAS, By Ordinance No. 11575, I,;4ted by the Council and approved Mayor October 1, 1959, and rati- the electors rof the City o! _ ,,.� _ '�i3, T m election held �9•� r(•.until RI 'i?r.::7+(j R:olt•; •t,r: RAF/ .e.yir t.Tw_ WHEREAS, By Ordinance No. 11575, adopted by the Council and approved by the Mayor October 1, 1959, and ratified by the electors "of the City of Saint Paul at an election held November 3, 1959, the Council of the City of Saint Paul was authorized to issue and sell thene- gotiable bonds of the City of Saint Paul of the Par value of Twenty -three Million, Five Hundred Thousand Dollars ($23,500,000) for the following purposes: For the purpose of acquiring school sites and grounds, and constructing and equipping of new school buildings and additions to existing school buildings, and for the purpose of the reconstruction, repair, betterment, remodeling and equipping of existing school buildings; WHEREAS, Heretofore said City, for the aforesaid purposes, issued and sold such authorized bonds aggregating in par value amount Nine Million,Nine Hundred Sixty Thousand Dollars (09,960,000) and no more; and WHEREAS, It is n ecessar at this time that an ® additional Five Million Dollars 05,000,000), par value amount, of such authorized bonds be issued and sold by said :5 City for the purpose of its acquisition of additional funds o necessary for its accomplishment of several= essentiallparts of the several improvement purposes for which such bonds, if o as aforesaid, were authorized to be'issued and sold, to-wit: For the purpose of acquiring school E.ites and grounds, and constructing and equipping of new school buildings and additions to existing school buildings, and for the purpose of the reconstruction, repair, betterment, remodeling and equipping of exist- ing school buildings; therefore, be it COUNCILMEN Yeas Nays Dalghsh Holland Loss Mortinson Peterson Rosen Mr. President, Vavoulis 10M 8-02 Tn Favor Against Adopted by the Council_ 19- 1 \ Approved 19— Mayor 21522 !WW RESOLVED, That the Council of the City of Saint Paul issue and sell at this time such Five Million Dollars ($5,000,000) par value bonds authorized by said Ordinance No. 11575, to be denominated "City of Saint Paul School Improvement Bonds, Series 1963D" be it FURTHER RESOLVED, That such bonds authorized by said Ordinance No. 11575, hereby provided and directed to be issued and sold in the par value amount of Five Million Dollars ($5,000,000), shall be issued and sold in the manner required by law, and that each of said bonds shall be in the denomination of a multiple of $1,000, dated November 19 1963, and bear interest at a rate not in excess of 6% per annum payable semiannually on May 1 and November 19 accord- ing to the coupons to be attached to said bonds; that said bonds shall be serial in form, and a portion thereof shall be payable each year commencing November 1, 1966, but none of said bonds shall run for a longer period than thirty (30) years; and be it FURTHER RESOLVED, That said Five Million Dollars ($5,000,000) par value bonds to be issued and sold for such improvement purposes and to be denominat6d_.as aforesaid, "City of Saint Paul School Improvement Bonds, Series 1963D" shall mature serially commencing November 1, 1966, over said thirty -year period on the following dates and in the following amounts: r I -3- 2:x.5229 Date of Maturity Amount 1966 $100,000.00 1967 1209000.00 1968 1209000.00 1969 1209000.00 1970 1209000.00 1971 1309000.00 1972 1309000.00 1973 1409000.00 1974 140,000.00 1975 1509000.00 1976 150,000.00 1977 160,000.00 X978 1609000.00 1979 1609000.00 1980 1609000.00 1981 1809000.00 1982 1809000.00 1983 180,000.00 1984 2109000.00 1985 2109000.00 1986 2209000.00 1987. 220', 000.00 1988 240,000.00 1989 240,000.00 1994 2609000.00 1991 2609000.00 1992 270,000.00 1993 i 2 6 000.00 Total 5,0009000.00 -That said Five Million Dollars (05,000,000); a�gV ,; ,. value bonds to be issued for school improvements shal b+ ; f *t L .; in-the—following- form, which has been prepared by theSn'ls;�� ,ing Fund Committee and approved by the Corporation Counsel �; of the City of Saint Paul and is hereby approved andis�'.�x�;`�,��,f..: adopted: 9 21.75229 - 4 - "UNITED STATES OF AMERICA STATE OF MINNESOTA a_ COUNTY OF RAMSEY C ITY OF SAINT PAUL SCHOOL IMPROVEMENT BOND SERIES 1963D, No. KNOW ALL MEN BY THESE PRESENTS, that the City of Saint Paul, in the County of Ramsey and State of Minnesota, acknowledges itself to owe and for value received hereby promises - -to pay to Bearer the sum of Dollars ;(' ) on the first day of November, 19.______._, together,with interest thereon from the date hereof until paid at the rate of per cent,per annum, payable semiannually on the first days of May and November in each year as evidenced,,�tZ .qd upon the presentation and surrender �s.• .p-- ---- -, .- o,f�thannee antere$: ' coupons as they severally become due. r.. .�.y,. �r Both principfi al adi t•grest on this bond are payable in law - ful money of �h6t,, h7tted States of America at the office of the Commissioner,,�-di�,,ri lance in the City of . Saint Paul, or 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--- the City of Saint Paul are irrevocably pledged. This bond is one of a series amounting in the ag- gregate to the sum of Five Million Dollars ($5,0009000)9, . is- sued by said City for the purpose of paying the cost of school improvements authorized by Ordinance No. 11575, •� passed by the Council of said City and duly signed, attested, approved and published in the manner required by the Charter of said City, and approved by the electors of said City of Saint Paul at the election held November 3, 1959, and under the authority of and in all respects in full compliance with Section 217 of the Charter of said City of Saint Paul, and such other sections thereof as may be applicable thereto, and Chapter 475, Minnesota Statutes 1961, as amended, and said Council's Resolution, Council File No. adopted and approved �fi_ 5��, / y �-3 It is hereby certified and recited that all things, acts and conditions required by the Constitution and Laws of the State of Minnesota and the Charter of said City to happen and be done and performed precedent to and in the 'A - 2_ ?229 - 5 - issuance of this bond, have happened and been done and per- formed in regular and due form and time as required by law and that the total indebtedness of said City, including this bond, does wt exceed any constitutional, statutory or charter limitations. IN WITNESS WHEREOF, the said City of Saint Paul, by its Council has caused this bond to be sealed by the facsimile of its Official Seal, lithographed thereon, to be signed by the lithographed facsimile signature of its Mayor, attested by the lithographed facsimile signature of its City Clerk, and countersigned manually by its Comptroller, and each of the interest coupons hereto attached to be exe- cuted by the lithographed facsimile signatures of said of- ficers, this first day of November, 1963. Mayor Attests City Clerk Countersigned: Comptroller "COUPON �f No. May On the first day of November, 19 the City of Saint Paul, Minnesota, promises to pay7to bearer Dollars ($ ) at the off ice of the Commissioner of Finance, in the City of Saint Paul,,or 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 of its School.Improvement Bond, Series 1963D9 dated November 1, 1963, No. r Mayor Attests City Clerk Countersigned: Comptroller and be it ORIGINAL TO CITY CLERK . , , I ' r'15229 5229 . CITY OF ST. PAUL FILE NO. NO. OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE _ - 6 - 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 lithographed facsimile signature of the City Clerk, and countersigned manually by the City Comptroller, in accordance with Chapter 422, Laws of Minnesota 1951, and Section 475.55, Minnesota Statutes Annotated, and the interest coupons thereto attached shall be executed by the lithographed facsimile signatures of said officers; and be it FURTHER RESOLVED, That sealed proposals be received in the office of the City Comptroller in the Court House and City /'Hall Building, in the City of Saint Paul, Minnesota, up to ten o'clock a.m. (C.S.T.) November 19, 19639 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 Westq a financial periodical 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) per cent 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, present the same to the Sinking Fund Committee and the Council for their action thereon; and that said bonds shall be offered.--,to the person who will pay par or better therefor, at the lowest rate of interest, not exceeding six (6) per cent per annum. COUNCILMEN Yeas Nays Dalglish Holland �• Loss Mb tinsQa— n Favor Peterson Against _ Mr. President, 10M 6-62 Adopted by the CounciI�T 2 19M 19— OCT 2 4 Approve 19— &dug Mayor dUrLICATE TO PRINTER X15 CITY CITY OF ST. PAUL COUNCIL NO. 229 OFFICE OF THE CITY CLERK - COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE WHEREAS, By Ordinance No. 11575, adopted by the Council and approved by the Mayor October 1, 1959, and ratified by the electors of the City of Saint Paul at an election held November 3s 1959, the Council of the City of Saint Paul was authorized to issue and sell the ne- gotiable bonds of the City of Saint Paul of the Par value of Twenty -three Million, Five Hundred Thousand Dollars ($239500f000) for the following purposes: For the purpose of acquiring school sites and grounds, and constructing and equipping of new school buildings and additions to existing school buildings, and for the purpose of the reconstruction, repair, betterment, remodeling and equipping of existing school buildings; WHEREAS, Heretofore said City, for the aforesaid purposes, issued and sold such authorized bonds aggregating in par value amount Nine Milllon,Nine Hundred Sixty Thousand Dollars ($9,960,000) and no more; and WHEREAS, It is necessar at this time that an additional Five Million Dollars (5,000,000), par value amount, of such authorized bonds be issued and sold by said City for the purpose of its acquisition of additional funds necessary for its accomplishment of several essential parts of the several improvement purposes for which such bonds, as aforesaid, were authorized to be issued and sold, to -wit: For the purpose of acquiring school sites and ggrrounds, and constructing and equipping of new school buildings and additions to existing school buildings, and for the purpose of the reconstruction, repair, betterment, remodeling and equipping of exist- ing school buildings; therefore, be it COUNCILMEN Yeas Nays Dalglish Holland Loss Mortinson Peterson Rosen Mr. President, Vavoulis 10M 6-82 In Favor A gainst Adopted by the Council 19— Approved 19— Mayor IF RESOL Council' `of. the City of Saint = Paul issue and, sell at this . time', such' Five- Million Dollars ($590009000) par value. bonds- authorized by said Ordinance °" • :' No. -11575', to be' r denominated "City , Saint Paul - School t ,of Improvement Bonds, Series 196�V�be it. FURTHER RESOLVED,. That such b6nde authorized by' said-Ordinance-No. 1i575,9 hereby =provided and directed to be issued and sold' in the par value amount -of FIVe Million .. ° Dollars. .($59000;000):, shall be issued and sold.,-in the manner :. required by law,. and that, each of'- said bonds shall -.be in- the 'denominatiot . of . a multiple of $1,000,-• dated November 1963, and bear'` interest at a -fate. not - in, e'acess -of 6% per annum payable semiannually .on _ May 1 and November 1, accord- ing to the aoupons to be attached t. sand bonds; that said bonds, ahall.' be, serial ia' form,.- and a portion- thereof shall be payable, each year 'eomineneirig November, 19 1966,- but none -' - of said -bonds shall. ri�n • for a'_ longer period than thirty (30) years; and, be it } - FURTHER RESOLVED, That said Five,Million Dollars ' 35,.000$OO6) par, value bonds to be issued- 'and sold, .for such .j improv ement purposes and to be .den6zgi.nat6cinas aforesaid, "City or-Saint '.Paul School Improvement Bonder, Series - 1963D"'; : - shall mature serially oomm,encing November 1,.1966,,-over. said thirty -year, period on the` .following dates 'and in the, - • � -. ` , #'ollowin� "smountsi. , _ ' • - - ' ' ' , -; _ " . x.5229 ..: Date .of Maturity J . AMount _ 1966 $1000000.00 1967 1200000.00 ,1968 -120;400..00 ` 1969 120,00(5.'00 - 1970 _ 120,000..00 1971 : 3309000.00 1972 ,,1 300000.00 .1917 T ; ; 140', 000.00 1974 140, 000.00 197 150,000:00 1976 150000.00. -. 1977 i6o }000.00 1978 16o,o0o.00 ' ,1989 Y -- 160,000:00 160,000.00 1981 - 180;000.00 . 1982 _ 180-0000.00 198 - 1800000;00 1984 2100000000 1985` - 210,000.00 . �. '1986- _ 220,000.00 19874 - 220,000.00 1988 4 2400-000400 1989 . 240,000.0.0 . 1990' r -260,000.00 = x;991 . 260,.000,.00' 1992. 270;;000.00 _ = ;. 1.993 2704010,00 Total 000,000.00 ' 'That said Five Million Dollars ($5,000,000) pear : value bonds to be issued for school imppovements -shall be in the 'following form, which has • been prepared by the S&nk. ;ing Fund Committee and approved -by the Corporation Coun$el of the City, of Saint Paul and i:s', hereby-approved and adopted: 215229 "UNITED 'STATES OP AMERICA STATE OF 'MINNESOTA _ ` C OUNTY OF RAMSEY •GITY OF SAINT PAUL ; . -SCHOOL IMPROVEMENT BOND _ r SERIES 1963D No. r , KNOW ALL MEN BY,THESE PRESENTS, that the City 'of , Saint Paul, in -,the - County . of -Ramsey and - State of Minnesota.- acknowl6dgP8,.its6lf, to, owe and for value received hereby :.- promises -to pay to Bearer the sum of , Dollars f$ ) on' the first ' day' of November, 19 , together with nterest-thereon From .,the .date hereof uri it paid at `the' rate of percent per annum, payable _semiannually on the first days of May and November in each year as -- evidenced by and upon-the presentation and surrender of the annexed interest coupons as they severally become-due ' - -Y 1 Both principal and interest -on this: bond are payable in law- ful money of the United States. ' of America et the office of the Commins,1bner of Finance 'lri the, City of Saint Paul;. or at, ; the Fiscal Agent-of the City of Saint. Paul, in either Saint ' `.. Paul, Minnesota, or New Yorki. NW York, at the option of the holder; and for -the prompt payment of.this bond, both • - principal and interests. at maturity;, the faith and credit of the City; of Saint -'Paul are .irrevocably pledged. This bond is one of a -seriesamounting in the ag. gregate to - the sum.- of Five Million Dollars ($5;000;000 }; •i s- - sued by said City, for the purpose of paying the, cost of `- school improvements authorised;by Ordinance.No: 11575; ♦ :: passed by the Council of said: City. and duly sighed; attested,' approved and published in the,manner required by the Charter " ,- -of said City,. and, approved by the electors of said City, of. Saint Paul at the e'lectioi4 held" November 3, 1959; and under - . ' the authority of and in all respects in full compliance with Seotion 217 of the Charter of sai.d.City of Saint -Paul, and -such other sections thereof as'may be applicable thereto, and Chapter 475, Minnesota 5tatute8_ 1961, .as amended; and �.. �..,...�_-. _. said Council's Resolution; . Council File No- 'adopted and. approved" It is hereby certified and recited 'tha-t all things, acts and oonditions- required by the Constitution and Laws _.. of.the State of Minnesota and the Charter of said City to -'happen and be ,done and performed precedent -to and in the 2 �20 issuance -of this', bofid have- heppened and been done and per- formed in regular "and due form _and. time - an required -by law ; and that the .total indebtedness of said' City,. including this, bond ; "does m.t exceed any constitutional; ,'statutory ors charter ltmitatiori$: - INAi�IITNESS 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- sof its Mayor, attested - -by the lithographed facsimile signature of its City Cl.erk,_ and counter.., gned,manual -ly -by its Comptroller, r end each, o.f .the. intterest coupons her.,eto "attached .to -be exe - _ outed by ,the lithographed- facsimile ' =si atures of said of- r. f aeN3 this. first day of'November' 19 3 ti - 'v.. -: • - - : - .. ' , .,,. ' - - ; � . ,. : ` - .Mayor - City Clerk L Countersigneds -4 Comptroller" _ •- _ "COUPON .S •' r x May ,.On the first day of November's .19, the . City ` ��- of ''Saint Paul, Minnesota, promisesfto ay ;to,,bearer - Dollars ( = at, the office of the ' yCommissioner of Finance; in the C'it y of'Saint,Paul, or 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 of,1 is SchoolImprovement. Bond, Series 1963D, dated November -1, 1963,- No._ t .. Mayor - Attest s ' City Clerk 4 ; Countersignedc Comptroller ' ; and be-it - DUPLICATE TO rRINTER 215229 CITY OF ST. PAUL COUNCIL NO. OFFICE OF THE CITY CLERK - COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER _- fl1TF - 6 - 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 lithographed facsimile signature of the City Clerk, and countersigned manually by the City Comptroller, in accordance with Chapter 422, Laws of Minnesota 1951, and Section 475.55, Minnesota Statutes Annotated, and the interest coupons thereto attached shall be executed by the lithographed facsimile signatures of said officers; and be it FURTHER RESOLVED, That sealed proposals be received in the office of the City Comptroller in the Court House and City Hail Building, in the City of Saint Paul, Minnesota, up to ten o'clock a.m. (C.S.T.) November 19, 1963, 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 accompany his bid by a certified or cashier's check for two (2) per cent 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, present the same to the Sinking Fund Committee and the Council for their action thereon; and that said bonds shall be offered .,to the person who will pay par or better therefor, at the lowest rate of interest, not exceeding six (6) per cent per annum. OCT 24 W COUNCILMEN Adopted by the Council 19_ Yeas Nays Dalglish OCT 2 4 1963 Holland Approved 19_ Loss Tn Favor Martiti�'on� Peterson Mayor Rosen �-- Against M�.P- ;�es3dervoul�� font "2