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200646I Council File No. 200646 —By Bernard r W T. Holland, the requestf t��� �, u WHEREAS, the City of Saint Paul,1 i `hJ �'.,.GINAOro CITY °CLERK by its Ordinance No. 11905, bearing VV Council File No. 200431, duly enacted " CITY OF ST. PAUL by its Council and approved by its OFFICE OF THE CITY C Mayor February 2, 1961, provided there- for and authorized the issuance and r sale by said City oflthe bonds of said COUNCI RE LUTION —GEN City in the par value amount of Seven Million Three Hundred Fifty Thousand Dollars ($7,350,000.00), authorised by PRESENTED BY Chapter 538, Session Laws of Minnesota COMMISSIONE for 1959, for the purpose of the pro - curemq nt bx,.Opjd ,rAty of J11,107- '­the WHEREAS, the City of Saint Paul, by its Ordinance No. 11905, bearing Council File No. 200431, duly enacted by its-Council and approved by its Mayor February 2, 1961, provided therefor and authorized the issuance and sale by said City of the,-bonds of said City in the par value amount of Seven Million'Three Hundred Fifty, Thousand Dollars ($79350,000.00), authorized by Chapter 538, Session Laws of Minnesota for 1959, for the purpose of the procurement by said City of funds in the amount of Seven Million Three Hundred Fifty Thousand Dollars 07,350,000.00), for the payment of said City's advances to the State of Minnesota, the latter acting in the premises by and through its Commissioner of Highways, therefor and not to exceed the said State's share of the estimated cost of certain State Trunk Highway Projects for the location, construction, reconstruction, and improvement of certain State Trunk Highways within the corporate limits of said City, which advances in said amount of Seven Million Three Hundred Fifty Thousand Dollars ($7,350,000.00) said City agreed to make to said State for said .purposes under and pursuant to several Agreements made by and between them, authorized thereby and in accordance with the provisions, terms, and conditions of said Chapter 538, Session Laws of Minnesota for 1959. WHEREAS, Chapter 538, Session Laws of Minnesota for 1959, according to its pertinent terms, became operative upon its approval by majority vote of the Council of the City, evidenced by said Council's Resolution, Council File No. 192221, adopted and approved the 7th day of May, 1959, and the Certificate of the City Clerk of the City incorporating a Certified Copy of said Resolution, the printer's affidavit of its of- ficial publication, and all other requisite data, filed with the Secretary of State of the State of Minnesota on the 21st day of May, 19599 in accordance with all provisions of the Statutes of said State in such cases made and provided; and WHEREAS, said Chapter 538, Session Laws of Minnesota for 1959, among other things, for the purposes of expediting and facilitating action by the State on any State Trunk Highway Project for location, construction, reconstruction 'or improvement of any.State Trunk Highway, within the corporate limits of the City, authorizers an agreement by and;., between the State and the City whereunder and.whereby the City shall agree, in consideration of the undertaking of any such subject State COUNCILMEN Adopted by the Council 19— Yeas Nays DeCourcy Holland Approved 19 Loss In Favor Mortinson Peterson - } Mayor Rosen Against Mr. President, Vavoulis 'f•rY, ~ sm n.ao sQDD2 - 2 - 200646 Highway Project, by the State, at a time specified in such agree- ment, to advance cash or engineering services, or both, to the State in an amount not to exceed that part of the cost of such State Trunk Highway Project which is to be borne by the State, and whereunder and whereby the State shall agree to undertake and complete such State Trunk Highway Project, and to repay to th'e City the principal amount of such advance, without interest, from the State's Trunk Highway Fund, in cash or by the issuance and sale of bonds, by•the State, under the provisions of Article- XVI,r_ Section 12 _qf its Constitution, in the amount of such advan6e_to the State, in con- sideration of such advance by the City; and WHEREAS, said State, acting by and through its Commissioner of Highways, and said City, under and by authority of said Chapter 538, Session Laws of Minnesota for 1959, made'and entered into that cer- tain original Agreement dated January 25, 1960, and that certain Supplemental Agreement amendatory of said original Agreement, dated November 29, 19609 by and between said State and said City, mentioned in said Ordinance -No. 11905, whereunder and whereby said State did agree to undertakq *:and complete two separate proposed State Trunk Highway Projects M%thin said corporate limits, and to make repayment to said City of the - °principal amount of all advances thereby agreed to be made by said City to said.State, equivalent in- amount to that part of the estimated cost of said two separate proposed State Trunk Highway Projects, required to be borne by said State and representative of fifty per cent (50 %) of such estimated cost, and to make such re- payment to said City by the issuance and delivery to said City of said bonds of said State authorized under the provisions of Article XVI, Section 12, of its Constitution; such advances-by said City being_ thereby provided to be made solely from the proceeds of said City's issuance and sale of its bonds, authorized to be issued and sold for the purposes of such advances, under and by the provisions of said Chapter 538, Session Laws of Minnesota for 1959, in the aggregate par value amount of Seven Million Three Hundred•Fifty Thousand Dollars 079350,000.00), representative of that part of the estimated cost of said proposed State Trunk Highway Projects, required to be borne by said State and fifty per cent (50 %) of said estimated cost, said Chapter 538 providing authorization for the issuance and sale by said City of such bonds for said purposes in an amount not to exceed Eight Million Dollars ($8,,000,000.00); and 200646 - 3 - WHEREAS, it is necessary that provisions be made -for the issuance and sale at this time of One Million Two Hundred Fifty Thousand Dollars 1$19250,000.00) par value of such authorized bonds by the said City,_for the procurement of the necessary funds in said amount by the said City for payment by the said City on account of the aforesaid advances by the said City to the said State for said public purposes under and pursuant to said original Agreement, as amended by said Supplemental Agreement; by and between them, which contemplates and provides, among other things, for eligibility of each aforesaid State Trunk Highway Project therefor and . the grant -of additional financing for the defrayment of theestimated cost of the same, in an amount equal to fifty per cent (50 %) of such cost, by the Federal Government to the State, by authority and pursuant to Chapter 1, Sections 101 to 131 inclusive, Title 23, United States Code Annotated, 1959; V THEREFORE, BE IT RESOLVED that the Council of the City of Saint Paul issue and sell at this time One Million Two Hundred Fifty Thousand Dollars`($i9250,000.00) par value in and of said bonds, pursuant tod &ndnin accordance with said Ordinance No. i1905 and said Chapter 538, Session Laws for 1959; that said bonds shall be in denominations of $1,000.00' each; that said bonds shall bear a rate of interest not to exceed f2,.eper cent per annum payable semiannually on September 1 and March 1 according to the interest coupons to be attached to".said bonds; that said bonds shall bear date the lst day of March, 1961; that said bonds shall be in the form of serial bonds, a portion of which shall become payable each year after issue commencing March 1, 1964; that the first installment of-said bonds shall come due three years 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 principal 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 in any calendar year after the second calendar year; that the principal One Million Two H undred Fifty Thousand Dollars ($1,250,000.00) par value of said bonds shall mature serially commencing March 1, 1964, over said thirty year period on'the following dates and in the follow- ing amounts: -- Date of Bond Maturity Numbers Amount March 19 1964 52920 -52969 $509000 March 1, 1965 52970 -53029 .60,000 March 11 1966 53030 -53089 '60,000 March 1, 1967 53090 -53149 60,000 March 1, 1968 X3150 -53209 609000 March 19 1969 .53210 -53269 609000 March 12 1970 -53270 -53329 60,000 r 2006.6 - 4 - ;Date of Bond Maturity Numbers Amount March 1,'1971 53330 -53389 $609000 March 1, 1972 53390 -53449 .60,000 March 19 1973 53450 -53529 809000 March 11 1974 53530 -53609 809000 March 1, 1975 53610 -53689 80,000 March 1, 1976 53690 -53769 809000 a� March 1, 1977 53770 -53849 80,000 March 1, 1978 53850 -53929 809000 March 1, 1979 53930 -54009 80,000 March 19 1980, 54010454089 809-000 - :March 1, 1981 54090 -54169 80,000 - -Total ........... $1,250,000_ -, RESOLVED Further, that sealed proposals be received at the office of the City Comptroller in the Court House and City Hall in the City of Saint Paul, Minnesota, up to ten o'clock A.M. (C.S.T.) on March 8, 1961, for the sale of all or none of said bonds, after giving due - notice of such -sale in the manner prescribed by law in the St. Paul., Legal Ledger, the .official newspaper of "baid 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' "ate certiified7br- 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 up 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 lowest rate of interest not exceeding fiveper cent (6 %) per annum. '�`l RESOLVED_ Further, that said City of Sant Paul Bonds in the amount of One Million Two Hundred Fifty Thousand Dollars 41,250,000.00) par value authorized and provided to be sold hereunder in denominations of $1,000.00 each, as aforesaid, shall be denominated City of Saint Paul Trunk Highway Bonds, Series No" 1, and shall be in substantially the following form, - which has been prepared by the Sinking Fund Committee and approved by the Corporation Counsel of said City, and is hereby approved and adopted: "UNITED'STATES OF AMERICA STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF SAINT PAUL TRUNK HIGHWAY BOND SERIES NO. 1 ;f No. 511000.00 "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 2'.0,0646 -5- sum of One Thousand Dollars ($19000.00) on the first day of March, 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{severdlly become due. Both princi- pal 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, 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. "This bond is one of a series amounting in the aggregate to the sum of One Million Two Hundred Fifty Thousand Dollars ($192509000.00), issued by the City of Saint Paul for the purpose of procurement_by said City of funds for the payment on account of said City's advances to the State of Minnesota, therefor, and not to exceed the'State's share of the estimated cost of certain State Trunk Highway Projects-for the location, construction, reconstruction and improvement of said. State Trunk Highways within the corporate limits of said City, pursuant to several Agreements made by and be- tween said City and said State, making additional pravts.i.on -for re -. -- - imbursement of the principal amount of such advances by said State to said City authorized thereby, in accordance with the provisions, terms and conditions of Chapter 538, Session Laws of Minnesota for 1959. This bond is issued pursuant to Ordinance No. 11905, 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 538, Session Lafa.s of Minnesota for 1959, also by Resolution of said Council No. 200646, passed_and approved February 7, 1961,. and under authority of and in all respects in full compliance with Section"' 217 of the Charter, of the�.City of Saint Paul and such other sections thereof as may be applicable thereto, and Chapter 475, Minnesota ; Statutes 1957, as amended. °z "It is hereby certified and recited that all,things, acts r 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 re- quired by law, and-that the total'indebtedness of said City, in- cluding this bond, does not 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 r�h. 200646 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. ' Mayor - Attest: ......................... City Clerk Countersigned: ........................... City Comptroller" "COUPON No. .......... $.......... I \A "On the first day of 19 ..:.. , the City of Saint Paul, Minnesota, promises to pay to bearer .................. Dollars ($ ..........) 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 Trunk Highway Bond, Series No. 1, dated March 1, 1961, No. ...... Mayor Attest: .......................... City Clerk Countersigned: ....................... City Comptroller" I :T 200646 ORIGINI,L'TO CITrcLERK t CITY OF ST. PAUL COUNCIL NO OFFICE OF THE CITY CLERK COUNCIL RESOLUTION - GENERAL FORM PRESENTED BY COMMISSIONER DATE - 7 - 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 accord- ance with Chapter 422, Minnesota Laws of 1951, and Section 475.55, Minnesota Statutes Annotated, and _the interest coupons thereto at- tached shall be executed by the lithographed facsimile signatures of said officers. 'FEB 11991 COUNCILMEN Adopted by the Council' 19— Yeas Nays Holland pproved 19— Loss J"T.. Favor Mortinson P- ete�se� � Mayor A gainst Mr. President, Vavoulis PUBLISHFD1 L/ BM 6.60 2 1 1 J, . DUP1fICATE TO PRINTER 064 6 CITY OF ST. PAUL COUNCIL NO OFFICE OF THE CITY CLERK FILE COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE WHEREAS, the City of Saint'Paul, by its Ordinance No.. 11905, bearing Council File No. 2004319'duly enacted by its Council and approved by its Mayor February 20 1961 provided therefor and authorized the issuance and sale by said City of the bonds of said City in the par value amount of Seven Million Three Hundred Fifty Thousand Dollar$ t07,350,000.00_�, authorized by Chapter 538, Session Laws of Minnesota for 1959 for the purpose of the procurement by said City of fund in the amount'of Seven Million Three Hundred Fifty Thousand Dollars ($7,350,000.00), for the payment of said City's advances to the State of Minnesota, the lattbr acting in the premises by and through its Commissioner of Highways, therefor and not to exceed the said Staters share of the estimated cost of certain State Trunk Highway Projects for the location,, construction# reconstruction, and improvement of certain State Trunk Highways within the corporate limits of said City, which advances in said amount of Seven Million Three Hundred Fifty Thousand Dollars.($7l350,000.00) said City agreed to make to said State for said purposes under and pursuant to several Agreements made by and between them, authorized thereby and in accordance with the provisions, terms i and. conditi.one of said Chapter 538, Session Laws of Minnesota for 1959. WHEREAS, Chapter 5381, Session Laws of Minnesota for 1959, according to its pertinent terms, became operative upon its . approval by majority vote of the Council of the City, evidenced by said Council's Resolution, Council File No. 192221, adopted and approved the 7th day of May, 1959* and the Certificate of the City Clerk of the City incorporating a Certified Copy of said Resolution, the printer's affidavit of its of- ficial publications, and all other requisite data., filed with the Secretary of State of the State of Minnesota on the 21st day of May 1959, in accordance with all provisions of the Statutes of said State In such cases made and provided$ and WHEREAS, said Chapter 538,, Session Laws of Minnesota for 1959, among other things, for the purposges of expediting and facilitating actbn by the "State on any, State Trunk Highway Project for location, construction, reconstruction or improvement of any State-Trunk Highway, within the corporate limits of the City, authorizeO an agreement by and between the State and the City whereunder and whereby the City shall agree, in consideration of the undertaking of any such subject State COUNCILMEN Yeas Nays DeCourcy Holland Loss Mortinson Peterson Rosen Mr. President, Vavoulis eM s -eo 2 ------In Favor Against Adopted by the Council 19— Approved 19— 3 Mayor Highway Project'* by the 5.tate, at a- time specified, in such agree- ment; to advance -Dash or.enginaering servioeaj� ar both, to the State = in an ainount not to excQcd =that part of the cost. of -such State Trunk Highway Pro3ect which- is- t6L be borne by the State, and whereunder and,_whereby the State shal-1-agree to undertake a-ad bomplete such State Trunk, Highway kr.o j'ect, and to repay ,to, the; Gity the principal awouut ,,of such advance, without interest, from -the State' a Trunk Highway ' Fund, ,in cash ,br -by the issuances and sale, of bonds, by-the State, under the provisions of - :Article XVI 8ecttft 12 of its Constitution, in the -amount of such tadvance to the - ,State: in con-, sideration of such advance by the City.; end MRFASv said 5tat4pj,: acting by and tkWoughh its Commissioner of - Highways; and,soid City,- under, and by authority of said'Chapter 535,-" SessXon Laws of Minnosotm for x:9,59, rude, and entered into that cer... tali! original Agreement dated January 25, 196 -; 'said that certain SupplementaL Agreement amendatory of said original Agreement} dated November ..29:, ig60,, by and between paid, State -and said City, mentioned in said Ordinance No. .11905., wherounder,and,whereby'said State did _ agree 'too uhdertake and complete two Beporate proposed- State. Trunk Highway Pro-jects, within, said corporate limit' and to' make repayment to said City' of the principal amount of all advanoes thereby .agreed to bb• made ' by said City to said- ,State; equivalent In amount to that part of tho estitasted. cost of_ said ftf separate proposed State gunk ' . High ay f?ro jeatg - requ red to -be borne by $aid, State and representative `off' .t fty br dOU (;50% of such estimated cost, and to make. such re" payment ado said City by the issuance and delivery to 'said City of said bonds of said State authorized under- the,provisions of Article XVIy Section 12,,, of . its Constitution;; such advarices ,by said City being thereby provided . to be made solely from the, proce®dd cif $aid City 0 s i sduanoe and - of 'its bonds,, authoriized to be -issued and sold for the purposes of such advafces, under and by the provisions of said Chapter 5�`.� •Sesaioxi Lags of Minnesota for 159, in the aggregate per valve amount of'-Seven Million Three Hundred Fifty Thousand Dollars 0l,350,000.00��., representative of ,that -port of the estimated cost of is .93 Statd. Trtiink 'Highway prb jec�ts i. required to be . borne • by said State ',,and,' fif'tg der cent, - -( 50%)- .of t "aid,-, estimated cost; .- said Chapter 53$ providing authorization f­Or tYie .issuance and sale by said City of such bonds for said pbrposes in 8h amount not-to exceed Eight Million- Dollars; ($8,000;Y000+00) � and 200: _ T3- WHEREAS, .t.s nece -asry that prov#, ons, be made for the Issuance and- aald- at th is timer of One' Mill, dij Two Hundr I ad Fifty Thousand Dollars sii- 2.5L�.�' i-,230-MO par value of • such authorized.- bonds by the said. City for the procurement. of the necessary funds in ss 4c :amount' by the gaud i ity for payment by the said City on account of thq afore�$ad .adrrances oy the sate C'ty to. the said State for said Public puz`PO060 under and purguant, to.. -aid, prigi.nal Agreement, as amended, by 4014 Outp" l,emontal- ,Agreement,, by and between them,* which.' cori €euplst ®s: a d , r ©v'id ®sO, suaong other things! for .e:ltgtb.il<ity of eaoh • aforesaid State-Trunk-Highway Pro3ect " therefor. and 'ths grant of additional ftnOclrig, for- the defrayment :.cif thd6stillatsd cost bf- the dame j la an amount equal- to fifty per celit. (50% Of- such toot j by th'e Federal OoV Brent to the 'State, by authority •and, pursuant to Chapter ., lea -ti4ns l;Al to- 131 inclusiv'e., Title 93,x, Unitad States Code Annvtatedy. _l959; THEREFORE 0 $F 1T RE8 DEVED -that th® Council of the C'i�y of Saint Pawl issue and.' sell; at this- tite One �MilliontTwo Hundred.. Fifty, z Thousand Dollargi (,$1; 250 #;000. '001 par 'vol.ue `th- and of, said bonds,,- pnr. duant acaor.dance With• sat:d Ordinance N6. 11c; 5 and -said Chapter 538, Session Laws:rfor 1959; that- s'agd bonds, shah be in danot�inations of ~ 1. 040'.00 each).: that , gaid bonds, shall bear, a ,rote of tnteroat � Prot to exceed �f�,vepor ,bent per annum payable semiannually on Septomber l and March 1` acoording to the Anterest coupons' to ''be "attached to'! said bondd4 that said, bonds shall bear date the lot day of Xarahj-`A96l ;- . that said bonds dhall be in the form of - serial bonds j, .a portion, of whioh. shall become payable -each year after issue- comm6nein8 March 1..,, 19.64; that. the first Iftetallment of ;paid' -bonds shall come due , three years from the dente of the ffiame . ands the last . installment of s®ld bonds shall. come ,due in 'not• motet than. thirty (30' ,years from. _guch" cfste; that n4, annual installinent -of priwt -pa'l of -any- of= -s6id bonds payable in any calendar yeer after the ,4to_ -4f the same ;ghall, exceed five times the. amount , of the smallest prior Anstallment thereof' payable in an calendar year, .after' the -sdcond calendar year3, that the 'principal One Milllbn Two _ H undr, ed ,.Elfty Thousand Dollars ( $l;_''250,40).,00)` par _ :value of said bgtida `abal,1. °ma.ture seri a .1y QmmtncIng March 1', 1964 over said thirty year poriod" - the following d-atee- end in the foll OW. ing amountss_ Tate of Bond ' Niat[ri.tt 1 ` H b ®rs. Natoli _1.. x.964 , _ 5�920«52969 t5a,0000 isresh'1,r- 1965. : 5297b- 5.3029 60, 000 March is, 1966` 53030530$9 -609600� March' 1; 1967 5309 ',k-53149 60 .000 Haroh 19. 1.968. 53150 -53209 d0 ,000 - { March. -I,;, 1969 53210..53269:.` .. '66.9000 Mar'oh liv 1. 970--: --43270-33329 = F 64,000 .. 120, '01 Date ,.o f $vn Iaur t �i�b r_ Int Hareh. Xj 1g71 � 533�3G�5'3 89 �6C3��o�: march , 3 R 1972 ` 5339 -, ' 4 .6o_' ooa ' = - M arc?; *x.97 , .53456»535 -8 F(t):' ' larch, 1� 197 5353? 536x9 _ o00 Mardi 1*- - i 7'S 5.,6100 ;5'3 a9 8o';00 E --"I -v ' _ 1 76 , 53690- 53769 8o, 0v '�a3�c97` 5377:a�5,3$9 8o,ovd, - IiArch 1, -,„ l: �4 53856 -5 929 •- 80 €-O{' March �:�- Ng 5 93G'�5 Og , Larch 1,� 15 ]:0:.544 39 • `80 �,0 6 : - x4rch' 3: 19 $1 5 9�' =54.6 : , SE�,..fl40,. • CQta ' OOLM, Further;., urther ' y' , the C se leek pToposalo. 'b�- Mae4ved at the pfF3.ce .bf. the City- Canip.trol & 'fit brie- Court �iatzs :e end .G'' t H 1` 'In tho: Cit. ©f' Sabot. Tai l sr N3uM ta' yy•�� o 6 �''k 01 k A y� �! • YiS7 s :7� Y �- '. ti+vY } up . -to . ©ai Cj% w'c3::Q�i tl i 1'1 �.. {`v K'iJ.1� .L #, ii.•.4 Tt�.yL CJ for. a 296X,'_ the, s ,l0 6f''�i��;�,.' �r- :,.rioi�� - oi",. sa�:� bond:$. .�,sf�er �:giv3n�; : �.ue'; - - -- tottee o suat •:S.A In_than._tgantier presar- bed';by lav4 in -the. Stz:''�ou.l- ..Le tedger�,th"o,ofrid341 •newdpopor, ©f� .,e c�:C�.ty�., gt�, in' tie`,Ctimmera1a1 -West$ - ,.fI:nahoi,a , per o i.c� 1_�;pu'�l .sh►e� :n E c ' Ato `�?�` '�lririeoote: ;,.that a -$Gh 'biddor : '04�ji b+e' r'e% - -r64 td r .o4jpahy � �:s :bid `�y �i:;Ge 'tified �b c�sh�.�ar� ,' _dh "Oki '` 64'. two ;(2�„ ��r ca��' °o�",th&, ama'�r�t ..of they `bonds fora,. whioh �sk elV `be fort6tti d --,..t the city aa` 1�qt id�'�e.d , danages if the :b rhds are ". v ' ttke -a ,up., and 0aid•- for.v6On, ready f-dr del; uor�r�' ;An' - _ -that thy' C3.ty. ,;. fi, pmpt�43: ier; sht�� .l�r•.st +`tY�Q,.,.�iea.�t•> mee��z�.,af��er rocae3,Yr rsa3d' bzds, peeent the ssa t th,e ;C�ia}oi, f�r''ts a.Gtfdr� thereon :ihat;,,,��id� bond6. b 1: a f fered to .t e ' _ s � • 4 h '•pers4hj �r�io "�'��.11 paY spar or.b6.ttuz' erego arid' ' + Me 1oa�es .- 'rata ,':a .hterest not ®ibeeding , f i w gar cent' '�_ Per , annum,* - : IIMSOLVED .PMt tiior f, 'tJd6t., ,paid City. of; 5alpt Psu1 :B,6ndg Im-th6 amount Qfi'�{�ri ° I�?�11i h TVfo uidred,'F y Thous d '�!ol ara._' Sar era .ue' au ari ed ,and - p'royid'O_cd td. be a'g1 . :hgreulh4or.- i�'`cienomihat ona of �:0'OOQ 40 e ah,� as afox'eaaf d, shall be - +donominated Cit3r of saint auk Trunl� . gh�asy : Eond t,r Ssr .ss No. f, and, s�' akl° U�' iii sU stant3alz�` he' fp.l �t n� army � iiah `;b s 'beenrprep�ired day tie 8�,ia�Ing +�`und Cbmi� .ttea a $j approved.by the`,CbrpQratior1: Copnp61 Hof ` eai.d City_ $md.' 11 here,by approved and ad© teci� ' "III iTEj' STATES ',OF 'A104XO4. STATZ' OF HINItSOTA -r COUNTY J F EAMS Y` ' fi$UXX )JIGHWAY, WZ No ..1,000:00 ti "KNOW A'L1 .F EN tY TiiESE PaSENT$'j, that the City of -feint haul, in the County of E6bmsey and 'State a#' �3xineaota ackno�,r�:edge! itself _ to owe and for va�uo ,r�edolved hereby promisaa, to pay -to bearer the , r . , . 1006 sum of One :Thousand 'Dollar'''d j,000060)- on- the first dny.-ci:r March- 19 A tagethor with Anteradt thereon frgA1. the date hereof .anti? paid;, at tote rate: of ,. �....i r i• � : r per -oe�t per .annum . paydbld - semf:. annual - Y on the First days of September, aid March , ,1,n each Y-ea!, . as evidenebd by and, upon the► :p -a', 'tati•pn and sure ®rider of the annexed, interest coupons -•aa they "gov ,6raaily 'become duel Both pi nai. psi and " ii tereat of this bond. are,. payable in i6wful money-of the •. United States :off Amdrtc& `ab the Of b w of tha Corr�irsaionex' - f F3.nanee in the 4ty of saint Paul , or ,at. the: Flo.Q I''.' on' a�f " ke City, _ �. y'vf •. Sant her Saint, Paul:. -T4Aft6.sotay. ° 0r ?dew. `Parka zJow York at tpt,on of the .hold ®r. aid, for °ths pomp.t payment of tiii� bond* both princi.. ai and 3n1drmst� 'at matur:ity,,, the faith _.arid credit of the' City Elf Saint PauX or horeby i,rrevooslal- pledged; "Thin bond. is one of a series 'amounting in they 4agg�egate to the sum of ,one Million, Tiro xundred Fifty }Thouaend Dollars �1',250.4C10.4C.' �:aau.ea by the City of .Spirit �'8n1.. for the purpose ©f' proourement � by seid City of funda for, the peyment -031 account ..of said c..ty a advanoe to the State ,cif ftnnego -te .t�terefor -and not,. . to a ce.eci the Steta *s share 'of ; the e$.t3 ©rued _oust_ o.f. i er a n State Trunk ,H ghway,Projeots for they l�acation,, construetl0j-_ ro6onstruction . +nZ �- MProgsment of ac id State Trunk Highti�ayo «thin the corpgrate Units of 'eald city..- pursuant ,,to eevepal Agreements fade by- ani� ib6 - ` twe01). - s`eid ty rid, s:Aid .�tatef Makl.ng. addltionel: prciv�.oldn for :re- ; imbureement of the prindipal •amount of such 'advrances by $aid State ' to said City eutbPrized ther6v,i, in eoeordand.a with the -provis#., -a,, terms, and condlt3. ans of Chapter 53 i Se$$i,an Lads cif - Ainneeota for 1959.; This bond �:s : ,esie� pursuant to :ard nenc.e No.�_, - 1,9Q5�, enc�ct-ed by the'. Council of said City* and duly • "digned.,, attested. *.,. :approve.d. and Published in the mariner r.oquired by. the Charter ,of said Cityo. amid authorized by said Chapter 5380. Seesiaji, b� 4- of I�i;nriesot$' or, :1.959,f' a]:so b 8esolution of s'a3d Cpuna 1. Noy. 200646- - passQd. anal approved Februpry_ ?j, 1961.0, bud .under aUthority,.of `and in ali respects, In, f.ul1 vampl: ,8nae with section 217, ,of` the Charter of the City Qf: Saint. haul - and such' �►th ®r "e.eotions thereof aa - may -be applicable thereto; and -Chapter .� ... AM,, te, - , . .. _ •; 4 _ ?5 � � M nnesota Statutoo se amende a - _ .. _ = bertIP1 d" iad 'rece3:t d: that' a�:l {thins r :raats� ' g. i and 60nditiOha ro4ui:red by -,the Co'nstibatibh, anal �.swa of the State, of_:, Tlinriesota and the Charter _o:t .said GJ. ty t© happexi, and be sprig. nnd;- a performed precedent to and . in the 1e nuance -bf. thin bond have happened : and been done and perf orme6 i4 regular and due, form end • tiu a as _re-, iiuired by .e .. add' that the total i:ndebtedn.bas of said C,3,tyt �,n... oluciing, this bond - .'does 'not exceed €any . Gonst ;tuti.onal., $tstutoryf Qr charter, - li&tricn. "riN WITNESS WHERE QF; the ,sal.d' city of Saint, paui, by its "Count 111 has caused this bond to= be sealed by the faceiloile Of its Official Seal Zithagraphed thereon- 't4 ,be ,s3.grked by the ,11thographod facsimile $i.gnature of its 14ayor "t a teSte(, by the lithographed. faasimjje 'e3.grtaturd Of ito Clty Clerks. ,and couttei geed manually by i ,oin�itraller; eltd each of the batereet aouppuf hereto attached to b6 .executes: bhy, ,the ithbgrap -hsd fsas t �..e_signatures of said off do �: t iia f� rpt day. of Maroh, 1.961: 14,ayor- Atteott, :'ii i.f 'i�i�.y.i- 4A640,44•' "A i, r • r City .C:erk r.. - Countp ,r7Ign6lL City 'Cmip.tr..ollor ": 110A the fir-st day of .: .: . ,; .9 w... ,R , ; the = City of taint. Patin. y Minn.eoota'� promii�e.s. to pay to bearer' :.... t?:} �f o. :: •a y i .� . r .t + a ..e * k ,s •.: :. f i i . D�1.��iI" t' 1 . i . i s . + -t at the the''- Co tmi _signer' Q Fin Vin`the. C��K ©�'; �af�zt tau];, or at" the F'1ecal Agent .o:`. the City of 'Saint �atkl,; i'6ither "$aiht Fau1 ?- ��Iir�neeota� or ` N6w Yorlt O . 'Nevr York; at, the 'optloA of the holder*: ,for the interest ' _clue 4tltat day ' on, 1'tg ' mrtank Highvaay Bona, Seri es No 1 dated March k- - y :o OF, i.i,*#4y'yi,i460i.4 A#"' y� _ Mayor - Attests "" �::.�.:i`4. r•+� "r y':,c' _ _ - ' , Counter,pignod :.:•: ... .� ::.. ....,., City Comito ler" DU ATE TO PRINTER ? (00�P' CITY OF ST. PAUL COUNCIL NO. OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE pi. 71 q» RESOLVED Further, that each said bond, shall be sealed by the facsimile of the Offiaiel Seal of the City of Saint Paul lithographed thereon and signed by the lithographed facsimile alpature of the Mayor, attested by the, lithographed facsimile signature of the City Clerk and countersign ®d manually by the City Oomptroller in accord- ance with Chapter 422,. Minnesota Laws of 1951, and Sectfton 475.55s Minnesota Statutes Ataotated- and the interest coupons thereto at- tached shall be eXecuted by 6e lithographed facsimile signatures of said officers. COUNCILMEN Yeas Nays Begetwey__ Holland Loss Mortinson P-���-�reea- -i -ose Mr. President, Vavoulis aM a•so 2 n Favor c2 Against Adopted by the CouncilD 7 at 19— Approved 19 Mayor