208791ZkIGIA*L TO CITY CLERO ^ -9 ! v PUBLISHED '• � ( -,}s��
CITY OF ST. PAUL COUNCIL p (+�!(i7
OFFICE OF TH [Council 711 ' slur- ZN791 —By James J. sdta Session Laws for 1933, as amended,
Dr,lplis r'� iY «, ) (Chapter 445 Minnesota statutes An-
C NCI S LUTIO fst nf�i IWA164 �oiv, of t] C.� taterl, as,amended)„ said bonds being
":1 ".'a =.:5 aFl :` ^c' «, : r)ty c C Sr tnt 1'$ul' 3ew-
_23aa.cs �-; :,I � .rVVty c-f rin :r- gul-
PRESENTED BY :.r Cj ' SI Csj^ l'32- 46.'CRt -rlto
COMMISSIONER DATE
II3EA , e Council of the City of Saint Paul, pur-
to Me pro ions of Ordinance No. 12224, adopted by the -
gkwilcil and approved by the Mayor June 27, 1962, did, by Resolu-
tion, C. F. 2079859 approved July 12, 1962, authorize tithe is-
suance and sale by said City of Saint Paul of $3,315,000 par
value of the bonds of said City authorized to be issued and sold
by said City under and by virtue of Chapter 341, Session Laws of
Minnesota for 1933, as amended, (Chapter 445, Minnesota Statutes
Annotated, as amended), for the procurement by said City of funds
in the sum of $39315,000 for payment on account of said City's
duly apportioned obligation for the 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 con-
structed in the year 1963, and to constitute part of the expan--_V__
sion thereof proposed to be constructed in its en i.rety during
the years 1963, 1964 and 1965, such sewage system and treatment
plant having been and to.continue to be established and maintained
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
of1the complete plan of sewage and waste material collection,
treatment and disposal system of said Minneapolis -Saint Paul
Sanitary District and for application of the remainder of the
,proceeds of the issuance and sale`of such bonds, if any, in
paymentlof any other duly apportioned obligation of said City of
Saint Paul under any budget of said sanitary district for or on
account of the construction, maintenance and operation of said
sewage system and disposal plant, as authorized by said Chapter
341, Minnesota Session Laws for 1933, as- amended, (Chapter 445
Minnesota Statutes Annotated, as"amended), said bonds being
designated as "City of Saint Paul Sewage Disposal System Bonds,
1962, Series A "; and
WHEREAS, Chapter 475, Minnesota Statutes'1957,
as amendod, provides that the governing body of any muni-
cipality 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
COUNCILMEN Adopted by the Council 19—
Yeas Nays
Dalglish .
Holland pprove " 19—
Loss
' In Favor
Mortinson
Peterson Mayor
Rosen
Against
,
Mr. President, Vavoulis
10M 8-02
208791
- 2 -
of the term of the obligations, and said law also provides
that the tax levies for all years shall be specified and
such that if collected in full they, together with esti-
mated collections of special assessments and other revenues
pledged for the payment of said obligations, will produce
at least five per cent (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 providing for
the payment of the principal and interest upon the said
$3,315,000 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 cent (5%) in excess of the sum re-
quired to pay such principal and interest when the same
mature, there is hereby levied on all of the taxable prop-
erty in the City of Saint Paul, in addition to all other
taxes, a tax for the payment of said $3,315,000 of bonds,
the following direct annual irrevocable taxes, to -wit:
N
- 3 20879.
M
TAX REQUIRED BY
CHAPTER 475, LAWS
OF MINNESOTA 1957,
AS AMENDED 5% IN
BUDGET TAX FOR TAX FOR EXCESS OF PRINCIPAL TOTAL
YEAR PRINCIPAL INTEREST AND INTEREST TAX
1963
$107,737.50•
$ 5,386.88- $
1132124.38'
1964
107,737.50-
51386.88•
113,124.38•
1965
$ 65,000.00`
107,.737.50-
82.636.87•
181,374.37,
1966
65,000.00-
105,625.00-
82531.25'
179,156.25-
1967
65,000.00•
103,512.50•
8,425.62•
1762938.12•
1968
652000.00-
1013400.00-
8,320.00•
174,720.00-
1969
65,000.00-
99,287.50-
83214.38•
172,501.88-
1970
651000.00.
97,175.00•
83108.75•
17010283.75•
1971
65,000.00,
95,062.50•
8,003.12
168,065.62
1972
t 1101000.00
92,950.00=
10,147.50•
2132097.5 0,
1973
1103,000.00
892375.00•
9,968.75'
209,343.75•
1974
110,000.00
852800.00-
9,790.00`
205,590.00'
1975
1102000.00,
821225.00•
99 §611.25•
2012836.25•
1976
1103000.00
785,650.00•
9,432.50•
1981082.50•
1977
110,000.00
752075.00-
9,253.75•
1942328.75
1978
1102000.00
71,500.00,
9,075.00'
190,575.00•
1979
1101000.00
672925.00•
8,896.25•
186,821.25•
1980
110,000.00•
64,350.00•
8,717.50•
1831.067.50•
1981
1102000.00•
60,775.00•
8,538.75•
179 313.75,
1982
160,000.00
57,200.00-
102860.00,
228,060.00•
1983
1603,000.00-
522000.00•
10,600.00-
222,600.00•
1984
1602000.00•
46,800.00'
10,.340.00•
217,140.00-
1985
1605,000.00•
41 }600.00-
10,080.00•
211,680.00-
1986
160,000.00
36y400.00,
92820.00-
2062220.00•
1987
160,000..00,
311200.00-
9,560.00'
200,760.00
1988
160,000.00,
26,000.00
9,300.00-
195,300.00'
1989
160,000.00•
203800.00-
9,040.00,
1891840.00•
1990
160,000.00•
15,.600.00•
8,.780.00•
184,380.00.
1991
1602000.00
10,400.00•
8,520.00
178,920.00
1992
1601000.00•
5,200.00•
81260.00-
173,460.00•
Totals $ 3,315,000.00 $ 2,037,100.00 - $ 267,605.00 • $ 53,619,705.00
OR14'INRL TO CITY CLERK- " • 208 91
CITY OF ST. PAUL COUNCIL NO. 'l1P
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER nATP
BE IT -4-
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 reimburse-
ment 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 in -,
formation 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 obligations in the tax register as required under the
provisions of Chapter 475, Minnesota Statutes, 1957, as amended,
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 1957, as amended; 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 shall mature; and be it
COUNCILMEN Adopted by the Council 19—
Yeas Nays
Dalglish
Holland Approved 19_
Loss
Tn Favor
Mortinson -
Peterson {� Mayor
Rosen
Against
Mr. President, Vavoulis
10M 8-02
ORIGINICL TO CITY CLERK �1./
CITY OF ST. PAUL COUNCIL NNNAAAA NO. CCCC����
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION - GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
M-M
FURTHER RESOLVED, That in compliance with
and for the purposes specified by the pertinent pro-
visions of said Chapter 4.759 Minnesota Statutes 1957,
as amended,:'i1c�� 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.
R
COUNCILMEN
Yeas Nays
Dalghsh
Holland
Loss
In Favor
Mortinson
Peterson
Against
Rosen
Mr. President, Vavoulis
10M 6-62
AUG 2 3 1962
Adopted by the Council 19—
3
AuG 2 1962
ppro ed 19—
Mayor
STATE OF MINNESOTA )
(SS
COUNTY OF RAMSEY )
2DS-79/
CERTIFICATION AS TO TAX LEVY
AND REGISTRY OF BONDS UPON
COUNTY AUDITOR'S BOND REGISTER
�O
19 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 24th day of August, 19622 a certified copy of Council
File No. 208791 adopted August 239 19629 by the City Council of the
City of Saint Paul levying taxes for $393159000.00 City of Saint Paul
Sewage Disposal System Bonds, 19629 Series As dated August 19 19629
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 File No. 385 and that such tax
for the payment thereof has been levied as required by law.
WITNESS, my hand and official seal this 29th day of August, 1962.
Entered in Bond Register this
28th day of August, 1962.
EUGE MONIQC, County Auditor
F1L.ED
'.62 AUG 30 Ph) 11 20
CITY CLERK'S
SAINT p�, L!, ; �, s
• ' F