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200645' ORIGINAL TO CITY CLERK CITY OF ST. P r° OFFICE OF THE CI1 / COUNCIL �RESOLUTION-( SCOMMISIIONER OYl �• �� e - �y� �� 1 ' / Council File No. 200646 —By Mrs. Donald M. DeCourcy- i;WHEREAS, The City of Saint Paul, ,py Ordinance No. 11322, passed by the Council and approved by the Mayor October 3, 1958, and as ratified and approved by a ,majority of the elebtors of said City at the election held November 4, 1958, provided for the issuance and sale of Ten Million Dol- lars ($10,000,000) par value in and of Water. Works Bonds of said City for the purposes of extending, enlarging, ��Prpv)11,g•�.� e.Yt�rin +r... �pz 200645 WHEREAS, the City of Saint Paul, by Ordinance No. 11322, passed by the Council and approved by the Mayor October 3, 195$, and as ratified and ap- proved by a majority of the electors of saidOity at the election held November A+, 1955, provided for the issuanc6 and sale of Ten million Dollars ( *10,000,000) par value in and of ITater 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 ITHEREAS, heretofore of said authorized bonds there has been issued by said City for said purposes bonds aggreg=a.ting Five Million, Fivd Hundred Thousand Dollars (45000,000), denominated City of Saint Paul Waterworks Bonds, Series 19598 and City of Baint Paul Water Works Bonds, Series 1960B, and it has become and now is advisable and necessary that an additional One Million Dollars (:61,000,000) 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 February 1, 1961, has found and requested, it is hereby RESOLVED, that the Council of the City of Baint Paul issue and sell at this time One Million Dollars (*1,000,000) 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 each; that said bonds shall bear a rate of interest not to'-exceed six per cent per annum payable semi - annually do September 1 and 4irch 1 according to the coupons to be attached to said bonds_, that said bonds shall bear date the first day of the month in which the same are sold; that said bonds shall be in the form of serial bonds, a portion of -which shall be payable each year after issue; that the first installment of said bonds shall come due one year from the date of the same-and the last installment of said bonds shall come due in not more than thirty (30) years from such date; that no annual installment of princi- pal of any of said bonds payable in any calendar year .after the date of the same shall exceed five times the .amount of the smallest prior installment thereof payable inany calendar year-after the second calendar yeas; that the principal i ;1,0O0,000 par value of said bonds shall mature serially commencing--March 11 19622 over said thirty year period on the following dates-and in the following amounts: COUNCILMEN Yeas Nays DeCourcy Holland Loss Mortinson Peterson Rosen ME President, Vavoulis aM a.eo g,2 ; o- s i s Adopted by the Council 19— Approved 19— In Favor Mayor Against PUBLISHED �lI 200645 Date of Maturity Bond Numbers Amount March 1, 1962 51920 -51939 20,000 March 1, 1963 5191+0 -51959 20,000 March 1, 1964 51960- 51979 . 20,000 March 1, 1965 51980 - 51999• 20,000 March 1,. 1966 52000 - 52019• 20,000 March 1, 1967 52020- 52044 252000 March 1, 1968 5201,•5 -52069 251000 March 1, 1969 52070 - 52094 25,000 March 1, 1970 52095 -52119 25,000• March 1,-1971 52120 - 521" 25,000 March 1, 1972 52145 -52174 30,000 March 1, 1973 52175 -522¢4 30,000 March 1, 1974 52205- 5224' 30,000 March 1, 1975 52235 -524' 30,000 March 1, 1976 52265 -5 ; 30,000 March 1, 1977 52295 -52329 55,000 March 1, 1978 52330 -52364 35,000 :•� • • rmar-4 1-� ; X979 52365 - 52399 : 35, 000 March 1, 1980 521+00 -52434 35,000 March 1, 1981 52435 - 52469 35,000 March 1, 1982 52470 -52509 40,000 March 1, 1983 52510 -52549 • 40,000 March 1, 1984 52550 -52589 40,000 march 1, 1985 52590- 52631,. 45,000 March 1, 1986 52635 -52679 45;000 March 1, 1987 52680 -52724 45,000 March 12 1988 52725 -52769 45,000 March 1, 1989 52770- 52819 50,000 March 1, 1990 52820 - 52869• 50,000 March 1, 1991 52870 -52919 50,000 _. *1,000,000 RESOLVID,FURTHER, that sealed proposals be received at the office of 'the uity e;omptroller'in• the 'Court House and City Mall in the City of Saint Paul, Minnesota, up to ten o'clock a. m. ((;.B.`i'.) on Mkrca 8, 1961, for the sale of all or none of said bonds, after giving clue notice of such sale in the manner prescribed by law in the bt. Paul Legal Ledger, the official paper of said City, and in 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 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 love ,st rate of interest not exceeding six per cent; -2- l . RESOLVED FURTHER, that said Water 'York s in the mount of One Million Dollars ($1,000,000) to be sold hereunder, in denominations of $1,000 denominated City of Saint Paul Water Works Bonds, the. following form which has been prepared by the approved by the Corporation Counsel of said City, No. ..... 2,00645 .a Bonds of the City of Saint Paul par value authorized and provided each, as aforesaid, shall be Series 1961 C, and shall be in Sinking Fund Committee and and is hereby approved and adopted: "UNTl'ED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF SAINT PAUL WATER WORKS BOND SERIES 1961 C "KNOT 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 t bearer the sum of One Thousand Dollars X1,000.00) on the first day of..., 19...... together with interest thereon from the date hereof until paid, at the rate of ...... per cent per annum, payable semi - annually on the first days of September and March, 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-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 Paul, Minnesota., or New York, New York, a.t 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 hereby irrevocably pledged. "This bond is one of a series amounting in the aggregate to the sum of One Million Dollars ($1,000,000) issued by the City of Saint Paul for the purposes of 7,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 the1City of Saint Paul at the election held November 4, 1958, and said Council's Resolution, Council File No.+-200& 5, adopted and _approved February 21 1961,. and under authority of and in all regpe ®ts in full compliance with Section 217 of the ,Charter of the City of Saint Pea, and such other sections thereof as may be applicable thereto, and Chapter 475, Minnesota Statutes 195.7, aGSi affended..- "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 limitations. 3= ORIGINAL TO C17 CLERK f CITY OF ST. PAUL OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM COUNCIL NO. FILE 200645 ' PRESENTED BY COMMISSIONER DATE nIN WITNESS VHERFOF, 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 executed by the lithographed facsimile signatures of said officers, this first day of March, 1961. Attest: City Clerk ............... Mayor Countersigned: . . . . . . . . . . . . City Comptroller" �Wl NO. ..... September "On the first day of March , 19... , the City of Saint Paul, Minnesota, promises-to pay to bearer . . . . . . . . . . . . . . . . . Dollars ($. . . _ . ) 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 Paul, Minnesota, or New York, New York, at the option of the holder, for the interest due that day on its Water 'Vorks Bond, Series 1961 C, dated March 1, 1961, No. .......... Mayor Attest: .1. • City Clerk Countersigned: bo� Comptroller" 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 Njinnesota Statutes Annotated., and the interest coupons thereto attached shall be executed by the lithographed facsimile signatures of said officers. COUNCILMEN Adopted by the CounNIE B 2 9961 19 Yeas Nays DeCourcy Holland Mortinson Peterson Rosen Mr. President, Vavoulis FEB 2 9999 /pproved 19— Tri , Favor f Mayor (/ Against aM 5-60 oREP0 —'+' 200 DUPLLQ4,TE TO PRINTER CITY OF ST. PAUL FILE NO. OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE VHMASp the City of Saint Paul, by Ordinance Flo. 11322, passed by the Council and approved by the Mayor Octob-r 3, 195$, and as ratified and ap- proved by a majority of the electors of srid City at the election held November 1+, 1955, provided for the issuance and sale of Ten Million Dollars (;'10,000,OOO) par value in and of Vater Works Bonds of sFjd City for the °purposes of extending enlarging, improving, and bettering the Water Works Systemp owned and operated by said City; and VHFRrAS, heretofore of said authorized bonds there has been issued by said City for said purposes bonds aggregating Five Million, Five Hundred Thousand Dollars (?'5,500,000), denominated City of Saint Paul Water Works bonds, Series 1959A and City of Saint Paul -Vater Works Bonds, Series 1960B, and it has become and now is advisable and necessary that an additional One Million Dollars (�1 ,9000,000) per value in and of said bonds be issued and sold for said purposes, with all convenient speed, as the Board of Water Commissioners of the City of Saint Paul, by its Resolution adopted February 1, 1961, has found and requested,$ it is hereby RFSOLVFD, that the Council of the City of ;taint Paul issue and sell at this time One Million Doll -rs (Z1,000,000) par value in and of s,id Bonds pursuant to and in accordance with s id Ordinance No. 11322; that said bonds shall be in denominations of X1,000 each; that said bonds shall bear a rate of interest not to exceed six per cent per annum payable serd- annually on September 1 and March 1 according to the coupons to be attached to said bonds; that said bonds shall bear date the first day of the month in which the same are sold; that said bonds shall be in the form of serial bonds, a portion of which shall be payable each year. after issue; that the first installment of said bonds shall come due one year from the date of the same rind the last installment of said bonds shall come due in not more than thirty (30) years from such date; V.-at no annual installment of princi- pal of any of aid bonds payable in any calendar year after the date• of the same shall exceed five times the amount of the smallest prior installment thereof payable in Prey calendar year after the second calendar year; th.t the principal F1,000,000 par value of said bonds shall mature serially commencing March 1j, 1962, over said thirty year period on the followAng dates and in the following amounts COUNCILMEN Yeas Nays DeCourcy Holland Loss Mortinson Peterson Rosen Mr. President, Vavoulis SM E -60 .4i!E3�o.2 In Favor Against Adopted by the Council 19— Approved 19— Mayor 4 • Date of 1Katuritl I. j Bond Numbers r Amount March it 1962 0 51920451939_ 20,0001 March 1; _1963 :. ...; : .519,40 -51959 200000 March 1, 1964 ` 5196,0 -51979 .. 20.,000 March 1, 1965 51980- 51999 20,000- • �- March 1, 1966• 52000 -52019 202000• - Mardi -1, 196'7' 52020 - 52044. 25; 000 March it 1968 _ 52045- 52069 r 25,000. March 1, 1969 52070 -52094 25,000 ' March 1,.1970 52095 - 52119• 25;000 March 1,` 1971- 52120 -52144 25x000 _ March .1, 1972 ' - �. 52145 -52174 30,000 March-It-1573 52175 -52204 30,000 March 1, 1974 52205- 52234• 30,000 'March 1.,•1975 52235 -52264 30,000 March 12 1976 52265 -52294 _ 30,000 Mauch It 1977 52295- 52329 35,000 March 1, 1978 52330 -52364 35,000 1:;'11979 52365 -52399 35,000 . March 1, 1980 524QO -52434 35,000` March 12 '1981 ,52435 -52469 35,000 - March 1, 1982 52470= 52509` 40,000' March It 1983 52510 -52549 40,000 ' March 1, 1984 5250 -52589 40,000 March 1,' 1985 52590- 52634. 45,000 [March 1, 1986 52635 -52679 45,000 ' March 10 1987 52680 -52724 45,000 March 1, 1988 52725 -52769 459000 March It 1989 52770 -52819 500000 March 1, 1990- 52820 -5869 _ 50,.000 March 1, 1991 52870 -52919 50.000 - : t'i 000 P 000 RESOLVED',FURTHER, that sealed propos�ls be received at the office of the City Comptroller in .the Court House and Cite Hall in the City of Saint Paul., .Minnesota, up to ten o'clock a. m. (G.:°.g.) on.krc'� 8,'1961,, for the -sale of all or note of said, bonds, after giving due notic0- •bf such sale in the .manner _ prescribed-by lax in the'.St. Paul, Legal- Ledger, the offioi'sl paper-of said City, and in Commercial -Vest, a financial periodical published in the State ,of Minnesota,; that each bidder shall be required to Ficcompany his bid by a certified or cashier's for two (2) per-'cent of the amount of the bonds bid. for, -check which shall be forfeited to the City -as liquidated damages -if the bonds are - not taken and pei.d for when read for .delivery; and that -the City Comptroller shell, at the next meeting after receiving said bids,- present the same to the • Council for it6 action .thereon, end gist said-bonds• shall lie .offered to the person who will pay par,or getter therefor, and at the lowest rata of interest , not exceeding six per cent; - -2- RFSOtVn' E[1krM'9 that said Vater Forks Bonds-of the _ City of Saint Paul- in the amount of-One,Million Dollars ($1,000,000) par value authorized and provided to bo sold horeunder, in denominations of 91.,,000 each, as aforesaid,*shall be denominated City of Saint Paul dater V6rks Bonds, :Series 1961 C, and shall be in the folloving fora which has been prepared by the Sinking Fund'-Committee and approved by the Corporation Counsel of said City, and is hereby " approved and adopted: _ R "UNITED STATES OF AMERICA ; STATE OF XNNESOTA COUNTY_OF RAMSEY ° ~. CITY OF SAINT _PAUL - - r �FATER WORKS BOND ; SERIES 1961 C - r No. ..,..Y - ;1)000.00 "KNOW ALL .ME'N ,,BY TAESF PRFSENTS, thaf the City of Saint .Paul in the County of Ramsey and State of-Minnesota, acknowledges itself td.owe and for value received hereby., promises to pay to bearer the sud of One Thousand Dollars 1 ",000.00) on the first day of .......,. -.., 19 ...... together with .interest --thereon from the date hereof until paid, at the rate of ...... per cent per annum; payable` semi- annually on the first -days of September-and March,` in "each. year, `.as evidenced. , by an'd upon the presentation: and - surrender of. the annexed interest coupons as -'they severally become du®.' Both principal and interest of this bond -are payable in limful-money of the United Statod'of - Anerica••at the office of• the -Commissioner of Finance -in the City of Saint'-Paulo or at the Fiscal Agent of the City of Saint Paul, in- either Saint Paul, Minnesota, or A'Sw York, New Fork,,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 hereby irrevocably pledged. A ; ' "This bond is one of a atries amounting in the.aggregate•to the -sum of One trillion Dollars (Rl,O0O,000) issued by the City of Bain t 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 purauant "to Ordinance y' No.- 11322; pabded by the Council of said City, and duly - signed, ittestedi approved and published in the manner required by the Charter of the said:Ci and approved by the'eleetors of the QV of 5aint'Paul at the election held Nty November-4, 1958, and.. said - Council's R.es_olutioft, Council File Ho. 200645,` adopted and approved February 2o;. 1961, and under - authority of and in. -ali reaPeats in full compliance = with Section 217 of the Charter of the (;ity of-Saint PfELd1f .d such other sections thereof a may be applicable thereto- end Chapter 475j-Minnesota Statutes 195 -7, as amendesd. _ - "It is hereby certified and recited that all :things, acts and conditions ` required, by the Constitution and laws ` of . the btite-of Minnesota and the 0harter of said City ` to happen and be' done and, 'performed. preaed6atx to and in the is of this bond have happened and been done end:performed.in regular and due form and time as required by lave and that the total indebtedness of said City,'including -this bond, does not exceed any cdnatitutionaip.',statutory, or charter limitations. ; DUPLICATE TO PRINTER 200645 CITY OF ST. PAUL FILE COUNCIL NO. OFFICE OF THE CITY CLERK COUNCIL RESOLUTION - GENERAL FORM PRESENTED BY COMMISSIONER DATE "IN [FITNESS V1HERFDF, 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 executed by the lithographed facsimile signatures of said officers, this first day of March, 1961. Attest: . . . . . City Clerk . . . . . . . . . . . . . . . Mayor , Countersigned: . . . . City * . . . Ci Comptroller" "GOUPON Ito. �F....... Feptember "On the first cosy of March , 19... , the City of Saint Paul, Minnesota, promises to pay to bearer . . . . . . . . . . . . . . . . . . Dollars (9'. . . . .) 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 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 1961 C, dated March 1, 1961, No. .......... . . . . . . . . . . . . . . . Mayor Attestt . . . . . . . . . . . . . City Clerk Countersigned: . . . . . . . . . . . . . . Comptroller" RFSOLVFD 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 —Los s-- In Favor Mortinson Peterson ^ Against Rosen Mr. President, Vavoulis t_ SM z.6o Qo�°2 I �I Adopted by the Coun i �g 2 196 19— FEB 2 I Approved 19 Mayor CITY OF ST. PAUL No. OFFICE OF THE BOARD OF WATER COMMISSIONERS RESOLUTION — ,GENERAL FORM PRESENTED BY Mrs. Donald M. DeCourc Milton Rosen B T Rolland Feb. 1 1961 COMMISSIONER y• pq-rp y RESOLVED, by tho std 01` WatOr 00MI0.01OW45 of UO City of Saint PathA that the ' ouadll of "ltd CIV bo and,horeby iA ieguaated to authorize and pravl40 tor thO les. oo 4nd soloo ,with a4l a e OAt speed, Or* UXIon, DpU a (4 #000* . ) of , the Ten MiXli= 'Dollar (00*600*1000* 0) Water- works Boade of aa$d City* 44thorized by Qjt;r of Saint Paul OrdinanO No. 1,1322s Vdeed by the .COUio; 1 and app ved by tto ftyar 00toh6r 30 195$0 and � tfted approved �?y a. majority sf.` the eledtora Olt vaid pity. at tho'elocu9n held novemior 4,o 1W.0 the proddadb of the 10auanoa,aad e.aie of saiO bonded - tp be iced oxol ivej�y for -extending;. etlarging#, 1Wroving • State of�linnesota ) County of Ramsey ) ss. r City of Saint Paul) a 1 I•,'C. A. Flack, Assistant Secretary of the Board of Water Commissioners of the City of Saint,Paui, do hereby certify that I have compared the above copy of a resolution of'the said Board as informally approved by the Board on February 1, 1961, with the original thereof on file'in my office and that said copy is a true and correct copy of said original and the whole thereof. Witness the seal of the Board of Water Commissioners of the City of Saint Paul this 2nd day of'February, A. D. 1961. Assistant Secretary Water Commissioners Informally Approved Feb. 1, 1961 Yeas Nays Adopted by the Board of Water Commissioners In favor - -- Opposed �� c/ �✓ Q 8 ASST. SECY. A 1M 11 -58 -