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204219 ��� • • I •',� ' � , __ Council File No. 204219 — By Milton � 'rORIGINAL�p CITY C�I.ERK ROSEl1— � � WHEREAS,Chapter 885,Session Laws � D � � i ' M - y CITY OF ST. of Minnesota for 1957, as amended by �NO. �`� ��� ' �� �� ' ` � OFFICE OF THE Cchapter 4ss, Session �WS o! Minne- � � € sota for 1961, by its provisions, autho- I rized theh issuance and sale of the COUN RESOLUTIONib°nds of the city of Saint Paul in the aggregate par value amount of One .Million One Hundred Thousand Dollars � PRESENTED BY � � $1,300,000.00), by said City, for the COMMISSIONEa '�"•�+`.��r'��'•t rf,s.���f,h�s,eces;,_ ,'sC � rS �! j} •i1f � —___'—'_ _ __—_ -- • l•�—• � ( . ` . I WHEHEAS, Chapter 685, Session Laws of Minnesota for 1957,, _as amended by Chapter 4�95, Session Laws of � Minnesota for 1961, by its prov-i�sio.ns authorized the is- suance and sale of the bonds o�' the City of Saint Paul in - , the aggregate par value amount of One Million One Hundred � Thousand Dollars (�1,100,000.00) , by said City, for the � procurement by sai�. City of thE necessary funds, in said aggregate amount, for payment on account of said City's 1 share of the cost and expense° of Flood Control ._in said City, and for the purpose of matching funds allocated by the • United States Gover.nment for that purpose, and heretofore % thereunder, and in accordance�with the provisio.ns, terms �� . and conditions of the same, said City�- issued and sold the � bonds of said City, for said public purposes, in the par �� value amount of Seven Hundred Thousand Dollars (d�700,000.00) , �� and �� � , . ,. � • WHEAEAS, Said City of Saint Paul by Ordinance N , No. 12057, bearing its Coun.�il File No. 2038�7, duly enacted ,� by its Council and approved by its Mayor September 27, 1961, provided therefor and authorized the issuance and sale by said � City of additional bonds of said City, in the par value amount , _ � --- ,.Qf Four Hundred Thqusand Doll�r.s�- �00,000.00) , authorized by , • . • said Chapter 685, Session Laws of ,Minnesota for 1957, as j� L amended by Chapter �95, Session Laws of Minnesota for 1961, " for the procurement of additional necessary funds in the . amount of Four Hundred Thousand Dollars (�ZI-00,000.00) , for � payme.nt on account of said City's share of the cost and ex- pense of flood control in said City and for the purpose of ' fE matching funds allocated by the United States Government for that purpose, thereunder, and in accordance with the provisiot� terms and conditio.ns of said Chapter 685, Session Laws of � Minnesota for 1957, ,.as ame.nded by Chapter �95, Sessio.n Laws � of Minnesota for 1961; and � _ . .. . � �� COUNCILMEN � � Adopted by the Council 19— �! Yeas Nays � DeCourcy ; Holland Approved � 19— �gs � Tn Favor � Mortinson Peterson Mayor � Rosen � - --- •-- .� Against � .---� �� _ _ Mr. President, Vavoulis � - -SM G-(il , � 1� • { . � , . . . - ��fl���'� _ 2 _ ' � � I�IEFiEAS, It is deemed necessary that said City, at this time issue and sell additio.nal bonds of said City, in the par value amount of Four Hundred Thousand Dollars ' (�400,000.00) , authorized by said Chapter 685 Session Laws of Minnesota for 1957, as amended by Chapter �95, Session Laws . of Minnesota for 1961, and by said Ordinance No. 12057, for �the purpose of the procurement by said City of additional � funds, in the amoun.t of Four Hundred Thousand Dollars - (�400,000.00) , necessary_for its payment on account of said C�ty's share. of the cost and expense of flood co.ntrol in said City and for the purpose of matching funds allocated by the United States Government for that purpose under the Flood . Control Project Plan mentioned in said Ordinance, as the same is now co.nstituted�Eand as the same shall be amended or exte�ded for the subject proposed Flood Control Project for said City as therein outlined and proposed by the District Engineer; Corps of Engineers, U. S. Army, -Saint Paul District, and�pro- viding for the co.nstruction, maintenance and operation of � such Flood Control Project `by the cooperative effort� of the . Federal Government and said City, as contemplated and author- ' ized by said Chapt�r 685, Ses'sio.n Laws of Minnesota for �1957, as amended by Chapter 4�95, Session_Laws of Minnesota for 1961, and in respect ti�ahereof said. City has given the assurances contemplated by said Ordinance as required t�o be given by said City�,lto the Secretary of the U. S. Army as set forth in said . Ordinance,;, therefore, be it �� " " - . , =-� �ESOLVID,;��That �'the�Couricil of' the- City-�of Sain�. � " � Paul issue and sell at this time Four Hun,dred Thousand Dollars - (�.�00,000:00) p�r� value in and ofRsaid bonds, pursuant to and • i� accordance with said Ordinanc� No. 12057, and said Chapter ' 685,. Session� Laws of Minnesota for 1957, as amended by Chapter._ �95, Sessio.n Laws of Minnesota for 1961; that said bonds shall be in denominations of One Thousand Dollars (�1,000.00) • , each; that said bo.nds shall bear a rate of interest .not to _ exceed six per cent (6�) per ant�um payable semi-annually o.n � April 1 .and October 1 according to the interest coupons to, be attached to said bonds; that said bonds shall bear date the lst day of October, 1961; that said bonds shall be in the form - . of serial bonds, a portion of which shall become payable each year after issue commencing October l, 1.964; that the first � , installment 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 years from such date; that ,no arinual in- ' stallment of principal of any of said bo.nds 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 said bonds shall be numbered 57670 to 58069, inclusive; and that the principal Four Hundred Thousand Dollar�s (�4-00,000.00) � par value of said bonds shall r�ture serially commencing October 1, 1g6�, over said thirty yesr period on the follow- � ing dates and in the followi.ng amounts: ✓ �� 4_ � ' ' • , • , �d��.��� • � � . _ 3 _ Date of Bond - Amoun't MaturitV Numbers Due October 1, 1g6� 57670-57679 � 10;000 October 1, 1965 57680-57689 . 10,000 October 1, 1966 5769o-57d99 � 10,000 October 1, 1967 57700-57709 10,000 October 1, 1968 ' 57710-5771g 10,000 October 1, 1969 57720-57729 10,000 oct�ber 1, 1970 57730-57739 10,000° October 1, 1971 577�=�77�9 10,;000 • October' 1, 1972 5775�-57759 10,000 October 1, 1973 57760-57769 10,000 October 1, 1974� � 57770-57779 10,000 October 1., 1975 57780-57789 10,000 October 1, 1976 57790-5780� 15,000 October 1, 1977 57805-57819 . 15,000 October 1, 1978 57820-5783� 15,000 _ October 1, 1979 57835-578�9 15,000 october 1, 1980 57850-5786� 15,000 . -October 1, 1981 57865-57879 15,000 � � October 1 1g82 57880-5789� 15,000 '_ ; October l; 1983 57895-57909 15,000 � _. •October 1, 1g8� 57910-57929 20,000 . * � ,�October��l, .,1985.r�,.. - 5'1934-579�9-r � 20,000 ' ° . - -� Octo�er� 1, 1986" ��'�� 57954�-57969 20,000 -� October 1, 1987 57970-57989 . 20,000 October 1, 1988 5799�-58009 20,000 � � October l, 1989 5807-0-58029 20,000 October 1, 1990 58030-5��9 20,000 October 1, 1991- 58054-58069 20.000 , A ' " • .•• _ ������� _ 1�.ESOLVED FU�THEFi, That sealed �proposals be received -. at the offiee of the City Comptroller in the Court House and .. � ��.� ,,�.:.City.,Hall i�. �the Cit of Saint Paul,. Minnesota, up to ten o'clock a.m. (C.S.T.�� on October 31,� 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 said City, and in Commercial � • West, a financial periodical published in the S��te of Minnesota; t _Q . -. thati each bidder shall be required to accompany his bid by a • � certified or ,.cash3:er'e check for two per cent (�2�) of the amo�.n.t �..,.�`'",T�` .� �'_' � 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 �r�-�� 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 actio.n thereon, and �tbat said - ' p • � bonds shall be offered to the person who will pay par or • � '";;�� ' -- better therefor, and at the lowest rate of interest not ex- � � �"�- ° � ��ceeding six per cent (6� • � . , ) per a:nnum�, � � ' ,4 � _. ... � . r''� ' • � , �,. !�I�Y ' + - - 7 ; `� L� . .. .. .. __ . .. .Y . � ✓ . r � � � ���2��9 . - �. _ � . gESOLVED FUATHE�, That said City of Saint Paul Bonds; in the amount of_ Four Hundred Thousand Dollars (�400,000.00) par value authorized and provided. to be sold hereunder in denominations of One Thousand Dollars � (�1,000.00) each, as aforesaid, shall be de.nominated City ' of Sa int Paul Flood Control Bonds _� �., .:;� ,' and shall � be in substantially the "folloti�ring form which has been pre-", pared by the Sinking Fur•id Committee and approved by the � Corporation Counsel of said City, and is hereby approved and adopted: r � "UNITED STATES OF AMEI�ICA ' STATE OF MINNESOTA . � � C OIINTY� OF I3AMSEY � ` � C ITY OF `SAINT PAtJL � • FLOOD� CONTAOL BOND -� ...�, - , , r NO. . . . . . . . . . . i� � `�].,OOO.00 "KNOW ALL MEN BY THESE PgESENTS, that the City of Saint Paul in the County_ of. �amsey, and State . of Minnesota, acknowledges itself to owe and for value �received 'hereby promises to pay to bearer the sum of Or�e Thousand Dollars J . . „�, �. (�1,000.00) on the first day of October, 19. . . .- together with ;� - �' � in�erest thereon from the date hereof'�until paid, at the � rate of. . . . . . . .percent per annum, payable semi-annually on the first day of April and October, in each year, as evidenced by and upon the presentatio.n and surrender of the annexed in- terest coupons as they severally become due. Both principal � and interest of this bond ar"e payable in lawful moneg of the � United States of America at the office of the Commissioner of . � Finance in the City of Saint Paul or at the Fiscal Age.nt 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 amounti.ng in. the ag- `' gregate to the sum of Four Hundred Thousand Dollars (��I-00,000.00) issued: by the City of Saint Paul for the purpose of p�ocure- � ment by said City of funds f or the payment on account of said City's share of the cost and expense of flood control in the City of Saint Paul and for the purpose of matching funds al- located by the United States Governmen.t for that purpose, thereunder and;�in accordance wit h the provisions, terms and conditions of C hapter b85, Session Iaws of Minnesota for 1957, as amended by Chapter �95, Session Laws of Mi.nnesota " for 1.g61.. This bond is issued pursuant to Ordinance No. 120�7, enacted by the Council of said City and duly signed, attested, �. , , a�.. .. ✓ , ^ � ._; , . . . . ., . , . � . � ������ . . . _ 5 _ approved an.d published in the manner required by the Charter � of said City, and authorized by said' Chapter 685, Session Laws of Niinnesota for 1957, as amended by Chapter 4�95, �ession Laws of Minnesota for 1961, also by��Eesolution of sa,id Council, C. F. No. 204219 , passed and approved October 5 , 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 �75, Minnesota Statutes 1957, as amended. "It is hereby certified and recited that all things, acts and conditions, required by the Constitution and laws of the State of Minn.esota and the Charter of said City to happen and be done and performed precede.nt to and in the- issuance of this bond have happened and been done and p erformed in regu- lar and due form and time as required by law, and that the total indebtedne�s of said City, including this bond, does not exceed an.y constitutional, statutory, or charter limitatio.ns. "IN WITNESS WHEHEOF, The said City of Saint Paul, �� . by its Council, .has caused this bond to be sealed by the ' facsimile of its� Official Seal, lithographed ther'eo.n, to be signed_.�y the,,lithographed facsimile signature of its _Mayor,` __ ' attested' by the`lith�graphed facsimile signature'� of �its City � Clerk, and countersigned manually by its Comptroller, and each , of the interest coupons h�reto attached to be executed by the lithographed facsimile signatures of said officers, this first day of October, 1g61. • . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mayor Attest.: . . . . . . . . . . . . . . . . . . . . . . . . ; C ity Clerk . , • Countersigned: . . . . . . . . . . . . . . . . . . . . City ,Comptroller "COUPON � � No. . . . . . . . . . � � . . . . . . . . . . . Apr il � On the first day of October, 19 . . . . . �the City of . Saint Paul, Minnesota, promises to pay ta bearer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Doll.ars (�. . . . . . . . . . . . )� 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 for the interest due that day on its City of Saint Paul ; Flood Control Bond, dated October l, 196E1, No. . . . . . . . . . . � . . •� � . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • , :y � � Attest: + . . . . . . . . . . . . . . . . . . Mayor � �� � City Clerk �" Countersigned: . . . . . . . . . . . . . . . . . . . . . . . . . . _ `_3, � � � .,, City Comptroller" �. . . � • J� y/j� ,,,.��,7///���� �` . : � /'�,/� , �ORIGINAL�(O CIiY CLERK . ' � /�1 -'I(„J���� 11 CITY OF ST. PAUL fOENCIL N� "J� �' i - •� � - •• ° OFFICE OF THE CITY CLERK � - i� COUNCIL RESOLUTION—GENERAL FORM . PRESENTED BY COMMISSIONER DATE - � � . — 6 — FiESOLVID FUI�THEFi, 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 �22, Minnesota Laws of 1951, and 1� Section 475•55, Minnesota Statutes Annotated, and the i.n- ' terest coupons thereto attached shall be executed by the I lithographed facsimile signatures of said officers. I I �' . if � �� a . _ . . _ . �� � � �g6� � , oc COUNCILMEN Adopted by the Council 19� Yeas Nays ��� p�� 5 ��'6� - Holland pproved 19— Loss Tn Favor Mortinson � " P�� Mayor gainst ' Rosen ✓ • Mr. President, Vavoulis � �� sM o-ot r w PUBLISHED 0" '� �� �' � i� � � ° _ � ° ' } DU►L�IG^TE TO PRINTER '�� �„ � ' CITY OF ST. PAUL couNCi� Q � � il � � ' OFFICE OF THE CITY CLERK FILE NO. , � COUNCIL RESOLUTION—GENERAL FORM PRESENTED BY COMMISSIONER DATE — WHEBEAS, Chapter 685, Session Laws of Minnesota for 1957, as 8mended by Chapter �95i Session Laws of � ,. Mlnnesota for 1961, by 3,ts proviaions�authorized the is- suance and sale of the bonds of the City of Saint Paul in 'i the aggregate par value amoun.t of 4ne Million On,e Hun.dred , Thousand Dollars (�1,100,000.00) , by said City, " for the procurement by said City of the necessary funds, in said aggregate amount, for payment on acaount of said City's ' share of �the csv�t and expense of Flood Control in said City, and for the purpose of matching funds allocated by the United States Government for that purpose� and heretofore thereunder, and in accordance with the provisioMS, terma and condition.s of the same, said� City%�� issued an8 sol�d the bonds of said City, for said public purposes, in the�par value amount of Seven Hundred Thousand Dollars (�700,040.00) , and Tr]HEAEAS, Said City of Saint Paul by Ordinance ;k No. 12057� bearing its Council File No. 203$47, duly enacted by its Council and approved by its Mayor September 2?� 1961, ,r provided therefor snd authorized the issuance and sale by said = City of �dditional bon.ds of �aid Ci.ty; in the par vslue amount of Four Hundred Thousand Dollars �00,000.00) , authoxized by said Chapter 685, Se$sion Lavrs of Minnesota for 1957, a� amended by Chapter �95, Session Laws of Minnesota for 1961, for the procurement of additfonal necessary funds in the amount of Four I3undred Thousend Dollars (�400�OQ0.00) , for payment on account of said City's share of the cost and ex- pense of flood control i.n said City an,d for the purpose qf matching funds allocated�by the IInited States Governmen� for thst purpose, thereunder, and in aocordance with the provisio� terma and conditions of said Chapter 68�, Session. Laws of Minnesota for 1957, as amended by Chapter �95, Session Laws �, of Minnesota for 1g61; and � ,� COUNCILMEN Adopted by the Council 19— � Yeas Nays � DeCourcy Holland Approved 19— �gg In Favor Mortinson Peterson Mayor A gainst Rosen t Mr. President, Vavoulis � ; s r.t �{;� �� iR ' • � r . y ,{ ` ti _r:`: . ` y ' _ •,} . . ` . . •j �� i .'�., , ' - ~ � . ' - = .,- r, ' ` L_. •�;. `' •- � � .' � � :r�:.�.t , �t�e.•r' , , . ..r,- r ♦ ' _ , - . d� � , • ..�' `. ,l f: i, -, `�`- - � . ' _.� , . , • . ` ',.. ' "' � .. . ; ��/�����, f . , ,�•- p i . ' . _. . � _.. . . ' � ' A ' ' - : . ; � . • � - - � , 1` y� //� .. � ' � - ,Y . a , � - . � � .. . . . � � �/ :.. ��� Tr -Mi� ��� i . . ." �• � • �; J ` �•F:• ' ,�14 "' `.jy.` . �h :!.�!.• C �i.i�` • - Y -�-.. � k 1�, � � • •� r � • � � � 7 • •. � ��, • '"'� �.; y . • +}i-�s. ? ._` � �.T�f�' �-, _ ��- �.r ..j- �.1�-0.� •� , . . �' y „ . � _ r✓�� � • { ��, � .. ._ • ;'__ ..r .c � . ! 0• .. a �•'�,• "; '� ' . S ' - , `,` /� ;�,.•,'�v, . 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' �� _ ,; 9.s �ci� .00ns��.t�.��d axaa.� a°�� �the=�same shsY1- be �m�n8e�l: o�►. e�e'�t��c�ed; � ; � - - - ; � ` =P� f.oz� �'he�,gub�ea�� prt�pA��c��•F,�04d �on.t�ol �o��a`,G �'or,.��id;;�3���' . � , � . . ` ..: -, . . , "a� tMer!ai�. bu�iine,d:. ,�.�i� propos��:-•�y' the. �7�.s��iQ�•Enp;�eer* =' _ � ., .. � -- - ►` ` � - �orps, of- Ezigi'neers;,-�T.. �5:�. .�riny, �air�t- �st�1-Di;����.s� '.�x�� pr4-� . `. �. • ..'�" ,.•, `�� � `, .`�'�.d_in.g for �3�e� �ox�s�ruot3on�� p�gint�n�z�.Qe �nc� operat�o�i o� - - . �2 . . . .` .',:.;`-. ;`•� �- sucM, Fl�Qd :Cor��rbl�-P�o.�e�st._by �he'_�o�►�er��iv� e�`for�s�;pf�he .. . �� ,� , . _ � . .. ,. " F,es�t�r��- �c�v�rz►��n� arid��said C�.ty� a'��.ciori�er4pl�ted a27td• $�xthgx'=, � .f , - .� � : -�-,� - - �• � _ � 1���:�- b�� �4id- Chagt��r��f�8�.,�'�s�$�ior�.��� ,"�f �t�n��ao��.. g�or,.�.9�6.. . �. -� - . 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PAUL COUNCIL ''r" � '� FILE NO. - , OFFICE OF THE CITY CLERK COUNCIL RESOLUTION—GENERAL FORM PRESENTED BY COMMISSIONER DATF � .� 6 �, � HESOLVED FtTB�H�fi, That ea.ch �a�d bona shal]. be �ealed b� �k�e �aesimiZe qf ' the� 0�'f�,c3.al Sea�, pf the C.�.�3� , of �aint Pau.Y �i�hog�aphed thereon and_ s3.gned'by the �.i�hpgraphed facsimile �i�nature of ��e May��! atte�t�d by the 1�.tY�agraphed #'sas�:mile sigr�.a,ture of the City C�erk an.d co�xnte�signed manually "�y �he Ci�� Comptrol�.er i,n aecordance with Chap�er �22� Nl3.nnesota �,aws pf 1951# and Sect�on �75.55� Minnesota .5tatu�es Anno�ated, and the in.. terest ooupons therie�o a�tac�hefl �ha�;1 be eaecuted 'by the litho�raphed �'acs�mila slgnaturQS oF �aid officers. , . � � �E „ �G� � �F� �i COUNCILMEN Adopted by the Council 19— Yeas Nays , �e�� `�9�°� � Holland Approved ��'� � 19— Loss � �?—In Favor � , Mortinson , �_ ��� , � Mayor . A gainst . R,osen Mr. President, Vavoulis � SM G-(il