205232ORIGINAL TO CITY CLERK
PRESENTED BY
�OMMISSIONE
COU
CITY OF ST. PAUL
OFFICE OF THE CITY ,r
NO 5232
COUNCIL
FILE
Council File No. 205232 —By Bernard T.
Holland —
Resolved, That this Council, being
duly advised in the premises, finds that,
by reason of unforeseen and excessive
claims which have accrued as charges
against the same, the City funds ap-
propriated therefor and credited to the
Judgment and Compromise Fund 29 A 1,
are inadequate to properly protect the
nnhlle interests. and there has been
Resolved, That this Council, being duly advised in the premisesl,
that, by reason of unforeseen and excessive dlaimla which have accrued as
against the same, the City funds appropriated therefor and credited to t1
ment -and Compromise Fund 29 A 1, are inadequate to properly protect the
interests, and there has been created and now exists a sudden and unfore'
emergency, on such account; that to meet said emergency it has become anc
necessary that, pursuant to Section 206 of the City'Charter, the City bol
temporarily, flat. to exceed the sum of $41,22'1.36, to be credited to said
ment and Compromise Fund 29 A 1; that the Mayor and the Comptm ller be ai
hereby are authorized and directed for the purpose aforesaidj to borrow,)
the City rs behalf,--not to-exceed the sum. of $41,221.36, and to execute al
liver to the party or parties making such loan, the promissory note of ti
in the same principal sum, payable to such party or parties, bearing int
not to exceed five percent per annum, and payable within one year after
date of such lao% the said sum to be credited as aforesaid to said Judg",
and Compromise Fund 29 A 1, subject therein to disbursement for the purpc
of said emergency and the particular purpose of said Fund. I
Yeas 11 Nays
DeCourcy
Holland
Loss
ITn Favor
Mortinson -
Peterson 0
-.^- Against
Mr. President, Vs
8M a•so .94M.
Adopted by the
f inds
charges
e Judg
ub it
een
is
Judg -
A
in
Id de-
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x t
the
Lent
s es
DEC 2 0 bi
it 19—
20
19—
Mayor
PUBLISHED
�rzrr
DUPLICATE TO PRINTER
CITY OF ST. PAUL COUNCIL
OFFICE OF THE CITY CLERK FILE
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONI
Resolved, That this Council, being duly advised in the promises{ finds
;R that; by reason of unforeseen and excessive dlaime vh.ich have accrual as charges
against the sane, the City funds appropriated therefor and credited tote Judg-
ment and Compromise Fund 29 A 16. are inadequate to properly protect thg ublic
interests, and there has been created and now exists a sudden and unfore een
emergency, on such account; that 'to meet sold emergency it has become $n is
necessary that, pursuant to Section 206 of the City Charter, the City bo row,
temporarily., net to exceed the sum of $414221.36,, tQL be credited to. said iJudg-
menu and Compromise ]fund 29 A l; that the Mayor and the Cotaptm ller be a4d
_ hereby are authorized and .directed for the purpose aforesaid, to borrow, in
the City's behalf, not to exceed the sum of $41,.221.36,, and to execute a� de-
liver to the party or parties making such loan,, the promisoory note of the City
in the same principal sum, payable to such party or parties, bearing interest
F not to exceed five per cent per annum, and payable wiehin one year sifter 'the
date of such 1hon, the said sum to bo croditod as aforesaid to said Judg>ent
and Compromise rand 29 A 1, subject therein to disbursemeent for the purposes
of said emergency and the particular purpose of said Fund. �
k
DEC 2 0 961
COUNCILMEN Adopted by the Council 19—
Yeas Nays i
DeCourcy�4i
Holland Approved ; 19—
Loss n Favor
Mortinson r
Peterson
Rosen
Against
Mr. President, VaTva is—
,F
am 5-60 -4910-'2
Mayor