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200643ORIGINAL TO CLTY CLtRK, . , v ` " CITY OF ST. PAUL FCOUNCIL NO. OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE 10 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 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, Minnesota Laws of 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. COUNCILMEN Yeas Nays DeCourcy Holland bass-- - Mortinson Peterson Rosen Mr. President, Vavoulis aM s.eo Qjo.2 Tn Favor O-Against FEB 2'1961 Adopted by the Council 19- FEB 21961 DUPLICATE TO PRINTER 200643 CITY OF ST. PAUL FILE COUNCIL NO OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE WHEREAS, the City of Saint Paul, by Ordinance No. 11862, bearing its Council Pile No. 199604, duly enacted by its Council and approved by its Mayor November 25, 1960, provided therefor and authorized the issuance and sale by said City of the bonds of said City in the par value amount of Seven Hundred Thousand Dollars ( #740,000.00), authorized by Chapter 685, Session Lars of Minnesota for.1957, for the procurement of the necessary funds, in the amount of Seven Hundred Thousand Dollars ($700,000.00), for payment on account of said City's share of the cost and. expense of flood control in said City and for the purpose, of matching funds allocated by the United States Government for that purpose, thereunder and in accordance with the provisions, terms and conditions of said Chapter 685, Session Lawis of Minnesota for 19573 and WRLAS, it is deemed necessary that said Citys at this time, issue and sell the bonds of said City, in the par value amount of Seven Hundred Thousand Dollars (4700,000.00), authorized by said Chapter 685, Session Laws of Minnesota for 1957] and by said Ordinance No.. 11862, for the purpose of the procurement by said City.of funds,in the amount of Seven hundred Thousand Dollars (4700,000.00),necessary for payment on account of said City's share of the cost and expense of flood control in said City and for the purpose of matching funds allocated by the United Status government for that purpose under the Flood Control Project Plan mentioned in said Ordinance, as the same is now constituted and as the same shall be amended or extended, for the subject proposed Flood Control Project for said City as therein outlined and proposed by the District Engineer,, Corps of Engineers, U.S. Araw, Saint Paul. District, and providing for the construction, maintenance: and operation of such Flood Control Project by the cooperative efforts of the Federal Government and said City, as contemplated and authorized by said Chapter 685, Session Laws of Minnesota for 1957= and in respect whereof said City has given the assurances contemplated by said Ordinance as required to be given by said City to the Secretary of the U.S. Arty as set forth in said Ordinanoe3 therefore, be it COUNCILMEN Yeas Nays DeCourcy Holland Loss Mortinson Peterson Rosen Mr. President, Vavoulis sM a.so 2 In Favor Against Adopted by the Council 19— Approved 19— Mayor RESOLVED, that the' Council, of `the City, of Saint Paul issue- and dell at this 'time Seven Aundred Thousand' Dollars : ($704;000, ©() par value in and of said � boido pursuant to ..arid in ao« ,ordance with. said Qrdinance No 11662 And said .Chapter 685; Segsi.on I;a�ts oi` li.ruiessota for 197; that "Said ' bonds 'shall be in_ .denominations of -One Thousand Dollars- ( 400, 00) each; that' said bonds shall bear, a rate of , interest-not to :exceed - oix per .sent per =annum pay6ble3 semi- annually on September 1 and Maroh'l aecordin6 -to the' interest ooupons 't.o. be Attached to said- bonds; , that, said bonds - shall ' bea.r date the ' 2sst day of- March, 1961; that., said bonds :shall be in-the -form ©f serial bonds' portion of which, ss4a.11 become payable each. year after issue 00mmeh0ing., March 10 1964; that the first Installment 4hall, come due three Y04rO from-the -date of the same and the last .installment - of. Said bonds -- -shall opme dUo in not more than thirty years from ,,such date; that no, annual installment Qf prihdipal- of a -- any of said bonds ,payable in any ezaldndar year after the date. _ Of the same. shall, eXoeed five timeis the amount of the smallest prior installment thereof . payabble in any oaldndar year after the zeaorid - calendar year; that said bonds shall be numbered 49746 to. 5444 snolusive;•and that the principal Seven Hundred Thousand Dollar' (, 700, WO.00) par value of sa�ei t�vndrs- shall mature. .serially �commenoing Maresh -1, -x %40 oven, said thirty year period on the follo�rin dates And in the folloxing amountBt Date of Maturity Bond Numberg Amount _ March -1 � 1964 4974& 49760 $ 15,, 000 - _ Larch _ 10 1965. 49761, +497'7`5 15, 00Q ; M4rch, 1;-1966 49776 49790. 150400 March ,3., 1967 49791 -49805 15j-000 March, 1, 1968---' . -. ,49806 =49820 150040 March 10 1969 . 4982149835 15, 000 Xa , h 1,. 1970 _ 49836 -49850 YS, 000 Larch 1, :971 - 49851 -49870 200000 March 1, 1972 - - 49871,49890 - - 20y000 r Maroh 10 197. 49891 -49910 200000 Mare�h 10 197' 4991149984 20 #Q0o March 1, 1975 49931 - -49950 20, 400 - March 1, 1976 49951 -- 49970 20,800 I�+taroh 1; 1977 49971 -49994 2Q, OQQ , March 1 1978 49991 -50o�o - 30,400 March 1, 1979 50021 -54050 -300000- :March 1a 1980 $0051 -50080 30,000 March 1, 2981 50081- 50110: 300000 _ .rch 1 1982 501],1 -58140 30, 000 Marsh '1, 1983_ 50141= 50170' 300000' -' 200643 Date _.of Maturity _ ' Bond Numbers- _ Amount March 1, 1984" 50171 -50200 30, 000 March 1, 1985 50201 35.x000 March 1, 1986 50236 -50270 35,000 March 3, 1987 5027150305 35,000. March 1, -1988 - 50306 -50340 35, 000 - March 3; 1989 50341- -50375 35, 0 ©0 . . Mar0h:11,,1990 50376 -54410 35,004 March•1; 1991'' 50411 -50445 35 000 ., V00,000 RESOLVED FURTHERS � that aea� ecl proposals be received at . the s ~, office of the�City-Comptroller in the Court House•and City Hall ` in the. City oi' - Saint- Paul, Minnesota:, 'up to ten o_l aloek a.m.- (`C. S. T j on March' 8, 1961,. -for tk a sale -of - all or none' of said bonds, - after giving due notice of suoh -sale in the- manner - -- preseribed,,by-law in the -St+ Paul Legal Ledger; the official newspaper of said City, ` and -1 in Corrmaeireial West, & financial periodical published in the State of Minneobta; _ that each =bidder C" shall be-required -to aocom any his bid by a certified or cashier's, cheek For two per cent (;;, Of the amount. of the bonds -bid for; which shall be forfeited to- the City ••a: liquidated damages if the bonds are not taken up and paid for when ready for delivery; and. that the City Comptroller shall, at the next meeting after receiving.' sake bide, present the some to the Coun'il 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 exaeedirig sit. -per gent (6) Per annum; RESOLED FURTHER. that said City of 'Saint Paul Bonds, -in the ..amount of Seven Hundred Thousand Dollars ($700,000.00) par value authorized and: provided to be aold hereunder in denominations of One Thousand Dollar' ($1.1000:00) �eadh -' as. aforesaid, shall be denominated ' Clty of Saint Paul Flood Control Bounds and shall be in substantially the following Form which has been prepared by the Sinking Fund CoMittedand appr&VOd by the Corpora_ tion - Counsel of said,City, and is. hereby approved and adoptedz 11 UNITED STATES OF AMERICA STATE OF MINNESOTA - COUNTY OF RAMSEY -CITY OF SAINT PAUL FLOOD CONTROL BOND'., NO $1, 000.00 "KNOW ALA, MEN BY SSE 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 2006-43 4 - promises o.pay to boarer.the sum of One Thousand Dollars (�i, 000.00) on the . first' :day of March, 1.9 'together with. intereat thereon from the, date hereof - until.paid, at the rote of . . . . per cent; per annum, payable semiannually on the first day of September and Martha 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 -Mates of America at the office of the Commissioner of Finance in•the City of Sant Paul,or at .the Fiscal Agent of the. City- of Saint Paul,, in either $aint Pau1,�Minnesota, or New York, -Xew York,' at the option of the holder; and for the prompt payment of this bond, both principal and intereat, at maturity; -the faith and credit of- the City Of Saint Paul are hereby rrevocably.pid*d. _ "This .bond la: one of a series amounting in the a gregate: to.- the' sum of Seven Hundred Thousand Dollars (700, 000.00) issued" by ' tYie ' City y of'- Saint Paul -for the purpose of procurement by said City of funds for the -.. paymeht- on ac count of_ said City!. a. share- 0- the cost" and _ expense: of flood. control in the 'City. of -$aint Paul and for. -the purpose of matching funds allocated by the United- - States' Oovernment for that purpose,: thereunder and in accordance. with the provisions, teiins and conditions of Chapter 685, Session Laws of Minnesota far 1957., This bond is issued pursuant to Ordinance No.. 11862, enacted by the Council of said City and duly signed, attested, - approved and published in the manner. required by the Charter of said City,'and authorized by said 'Chapter 6850 Session Laws of Minnesota for 1957, also by Resolution of .said Council, C.F. No: 200643,, passed and approved. February 2, . 3.96 1, .arid under authority Of and in all respects -in _full compliance with Sec-tio4.k7 of the Charter of - -the City of Saint Paul and such other sections thereof as may, be applicable thereto, and Chapter 475, Minnesota Statuteb 1957, as amended. It is hereby certified and recited that all things, acts and condition$ 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- iasuance of this bond have happene&m -A been dons 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 constitut opal, statutory, or charter .limitation. -200648* ` "IN WITNESS W11EREOF „, the' said C$.y -of Saint Paul, • by, its Council- has oaused this bond to be sealed by _ the 'fadsimile of- its Off_icii! Seal, lithographed . thereon to be signed ley the. lithographed facsin4le , signature of its 14ayor-, 'attested .by the lit ho grgphed - - faosimilO signature *f its City Clerk, and Qounter- signed manually by'its Comptroller, and each.of,` the' interest coupons hereto attached to be executed by the lithvgrapYied facgimi3.e - signatures of said. - of'f icqm,' this , first day of March, d Mayor = x Attests Ccuhtersignefl:: - City CQmptrQl1i3r” Ng ,+ on the .first tray of the . C.ity of Saint. Paul .Minnesota, promises'to'pay to,'bearer 2 .. .. Dollars 4f ♦ : . . ) at the office of the Commissioner of Finance �in the City of _ Saint Paul, or at .the Fiscal Agent of the City of Saint Paul; in either Saint Pain; Minnesota., ,or New York$ New York, •at the option of the holder for the interest due that -day on--•_ its City :of Saint Paul Flood - :Control Bond, dated March 1; 1961, NO.,. •. . Mayor Attests s , City Clerk = Countersigne d: . City Comptroller" DUPLICATE TO PRINTER ' CITY OF ST. PAUL FILE NO NO. OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE -6- 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 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, Minnesota Laws of 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. COUNCILMEN Yeas Nays DeCourcy Holland .v,ss _ Mortinson Peterson Rosen Mr. President, Vavoulis SM 5.6D 2 � � b 'z 196' Adopted- by the Council 19- � E b 2 9991 Approved 19 In Favor O Mayor Against