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203906 . — , � Council Flle No. 20390�By Robert F. SRIGINAL TO CITY CLERK Peterson— /� WHEREAS, by Council Flle No. , ` 101844, being Ordinance No. 7652, ap- V3��S ' � , , � • -• - • CITY OF $T. coun u utao ized the sale of$2 205,pi0�0 NO. _ � OFFICE OF THE CI par value of the bonds of �the c�� of ` COUNCIL E OLUTION— he sn�e offthe Clty of Saint�PauYl af _ . ' the cost of that portion of the system - PRESENTED BY � for the collection, treatment, and dis- COMMISSIONE posal of sewage and waste matter, !used by the City of Saint Paui jointly - ----- — with the City of Minneapolis a�'—^�-' ing a part pf thr.--T-� . WHEAEAS, by Council File No. 10184�, being Ordinance No. 7652, ap roved� November 6, .193�, the City Council authorized the sale of �2,205,000 par value of the bonds of the City of Saint Pau,l, �'or the purpose of payi.ng the share of the City of Saint Paul of the cost of that portion of the system for the collection, treatment, and disposal of sewage and waste matter, used by the City of Saint Paul jointly with the C3.ty of Minneapolis and forming a part of the complete plan of the sewage collection and treatment system of the Minneapolis- Saint Paul Sanitary District; and . � • WHEEEAS, pursuant to such authority the Council by ges�lutio.n Council File No. 1020�4, approved November 13, 1935, issued and sold �1,000,000 par value dE the bonds of the City of Saint Paul for said purpose; and WHEEEAS, pursuant to such authority the Council by Aesolution Council File No. 107881, approved July 2, 1937, ' issued and sold ��00,000 par value of the bonds of the City of Saint Paul for said purpose; and WHE�EEAS, pursuant to such authority the Council by Hesolution Council File No. 109778, approved January 11, 1938, issued and sold �18�F,000 par value of the bonds of the City of Saint Paul for said purpose; and _� , WHEAEAS, pursuant �to such authority the Council by " l�esolution Council File IJo. 153867, approved September 27, 1950�� issued and �sold ��75,000 par value of the bonds of the City of Saint Paul for said purpose, and , WHEAEAS, pursuant to such authority the Council by �esolution Council File No. l93'�66, approved August 28, 1959, issued an.d �sold �150,000 par value of the bonds of the City of Saint Paul for said purpose, and _ � WHEgEAS, the remaining �296,000 par value of the bonds of the City of Saint Paul authorized to be issued and • sold for the purpose aforesaid, under said Ordinance No. 7652�, COUNCILMEN Adopted by the Council 19— Yeas Nays - DeCourcy IIolland Approved 19— Loss In Favor Mortinson , Peterson Mayor A gainst Rosen . • Mr. President, Vavoulis � �• 5 M (j-(i 1 � . � , . . - . 2��39�� �.. .- . _ 2 _ , approved November 6, �935, in no part have been issued or sold and it has become and is necessary to issue and sell �296,000 par value constituting the entire remainder of Such authorized bonds of the City of Saint Paul for said purpose to procure moneys necessary for said City's payment of its accrued and unpaid apportioned share of � capital expenditures f or additional capital improvements and additiox�s to said sewage collection and treatment system of said Minneapolis-Saint Paul Sanitary District, made neces- sary to insure an increased capacity of the same necessitated by an increased volume of sewage and waste material now being collected and treated by the same and forming a part of its aforesaid complete plan for sewage collection and treatment, therefore be it fiESOLVED, that additional bonds of the City of Saint Paul authorized by said Ordinance No. 'j652 be sold in _ the mann.er provided by law, .in the amount of Two Hundred . Ninety-six Thousand Dollars (�296,000) par value,. �said bonds to be in denomination of �l,OQ0 each, _to be dated Octobe���l,"_� �. 15E1, to besr interest at, a rate not exceeding f ive per cent (5�) per annum, payable semi-anrivally on ApriT 1 and October .l according to the interest coupons to be attached to said bonds; � saicl bonds shall be serial and a portion thereof shall be payable each year commencing October 1, 196�, the third year after the date of the same, but none of said bonds shall run for a longer period than thirty ye ars after the dat� of the same. Said , bonds shall be designated as "Sewage Disposal System Bonds, � Series No. 8", and the numbers of said bonds and the dates on which said bonds shall mature and the amoun.ts that shall mature annually over said period shall be as follows: l:, ^.y .__��� . ' —_--.a. 'w • ' r �a' . .� ' . " —.t , 1 . � . � . - . � � � . . 2�3��� �,. i` t . - _ _ 3 _ Date of • ��- - - • � � • - � -� • - - Maturit.y Bond Numbers Amount Due October 1, 196� 58270-5827�� � 5,000'� October 1, 1965 58275-58279� . 5,000/ October 1,' 1966 58280-58284 5,000 � October 1, 1967 58285-58289 5,000/ Qctober 1, 7.968 58290-5829� 5,000� October 1, 1969 58295-58299 5,000� - October 1, 19�0 58300-58304� 5,000� October 1, 1971 583�5-5831� ' 10,000 October 1, 1972 58315-5832� 10,000� , October 1, 1973 58325-5833� 10,000� October l, 1974� 58335-583� 10,000� October 1, 1g75 583�5-5835� 10,000 . October 1, 1.976 58355-58364 10,000� October 1, 1977 58365-5837� 10,000� October 1, 1978 58375-5838� 10,000� October 1, 1979 58385-5839� 10,000� October 1, 1g80 58395-58�4� 10,000, October 1, 1981 58�5-58�1� 10,000/ October. l, 1982 58�15-58�29 15,000� October 1, 1983 58�30-58�� 15,000� October 1, 1984 58��5-58�59 15,000� �- � October 1, 1g8� 58�60-5847� 15,000j . October 1, 1986 58�75-58�89 15,000 , October 1., 19$? 58�90-58504� 15,o0Q� - october 1, 19$$ 585�5-5851� 15,000� ', october 1, 1989 58520-5853� 15,000� October 1, 1990 58535-585�9 15,o0oj . October 1, 1991 = " 5855�-58565 16.000 �__ " _. _. „_ ` �296,000 - , - ,-r.�.._.- That said bonds shall be in a form later to be determined. That such form of said bonds shall be prepared by said'`� City's Sinking Fun.d Committee, approved by Chapman and Cutle 'r, its Bond Counsel, approved by its Corporation Counsel and adopted by its Council. $ESOLVED FUBTHEA, that sealed proposals be re- ceived at the office of the City Comptroller, in the Court House and City� Hall Building in said City of Saint Paul, up to ten o'clock A._ M. (C.S.T. ) on Octoberc.31,.��961, 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 Saint Paul Legal I,edger, the official paper of said City and in the Commercial_West, a financial periodical published in the State of Mixinesota. Each bidder shall be required to � accompany his bid by a certified or cashier's check for. two per cent (2�) 'of the amount of `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. ORIGINAI TO CITY CLERK �o�J��s �' CITY OF ST. PAUL couNCi� "" ' �� � ' ~ OFFICE OF THE CITY CLERK FILE NO. "�� COUNCIL RESOLUTION—GENERAL FORM • PRESENTED BY " � COMMISSIONER DATE " . — � -. I - The City Comptroller sha11 at the next meeting after receiving said bids, present the same to the Council for its action thereon. The said bonds shall be offered to the person who will pay par or better therefor, at the . lowest rate of interest, not exceeding five per cent (5,�) . SEP 13 `� COUNCILMEN Adopted by the Council 19— Yeas Nays . S E P � 3 °� ' ' DeCourcy Holland proved 19— Loss Tn Favor � ' Peterson n - � Mayor Rosen A gainst ���/ Mr. President, Vavoulis P�I'L'�� � �. aM G-(il ' DUPLICATE TO PRINTER . /o,��] $� • . • CITY OF ST. PAUL couNCi� M �� i r OFFICE OF THE CITY CLERK FILE NO. _ . • COUNCIL RESOLUTION—GENERAL FORM PRESENTED BY COMMISSIONER DATE WHEAEAS, by Council F3.le No. 10184�, being Ordi.nanae No. 7652, ap roved November 6, 1935, the City Council authorized the sgle of �2,205,000 par value of the bonds of the City of Sairit Paul, for the purpose of payin� the share of the City of Saint Paul- of the aost of that portion of the system for the collection, treatmer�t, and di.aposal of sewage and waste matter� , used by the City of Saint Paul �oi.ntly with the City of ►� Minneapolis ar�d forming a part of the complete plan ot' the sewage collection and treatment system of the Minneapolis- Saint Paul Sanitary District; and WHEIiEAS, pursuant to such au�hority the Counc3.1 by � fiep�lution Council File No. 10204�4, approved November 13, 1935, issued and sold �1,000,000 par value o� the bonds of the City . of Saint Paul for said purpose; and WHII3EAS, pursuant to auch authori�y the Council by Resolution Coun.cil File No. 107881, approved July 2� 1.937, issued and sold �500,000 par value of the bonda of the City of Saint Paul for said purpose; and WIiEEEAS, purauant to such authority the Council by . l�e�olution Counci,l File No. 109778, 8pproved January 11, �93a, � issued and $old �18�y000 par value of the bonds of the City of Sain.t Paul �or said purpose; and 4JHEHEAS, pursuant to such authority the Council by " $e�olution Council File No. 153867, approved September 27, 1950� is�ued and sold �75,000 par value of the bonds of the City of Saint Paul for said purpose, aud WHEAEAS, pursuant to such suthorit�r the Council by� 8esolution Coun.cil File No. 193766, approved August 28, 1959, issued and sold �150,000 par v�lue of the bonds of the Ci�y of Saint Paul for said purpose, and WHE�3EAS, tho remaining �296,000 par value of �he bonds of the City of Saint Paul authorized to be issued and sold for the purpose aforesaid, under said Ordinance No. 7652�f', COUNCILMEN Adopted by the Council 19— Yeas Nays DeCourcy Holland Approved 19.— �sg In Favor Mortinson Peteraon Mayor A gainst Rosen Mr. President, Vavoulis � sM (i-(il � � -` , . ; , ' � �r . , , ' � - � ,. ,. . - . •' . - - �. _ `aa: . , . , , • . . , •c.. • , _ , �3 . 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".g�tah :au�hori�ed �bari�s of .��io e.i,��°b�' �Sa�.n� Paul �f�5r ��aid. - _ , - . :- ..,'" ,-' pu�Pose �o �roeur� mone�rs- nBQes�ax�� !"-�� sa�d C f,ty''g � . �, -: � � - ���; �aymer��:,of �.�s acs��ued'amd.ui�pai�, eppaF�l�x��d ��iar�3 �f`'� �` -- . . ���" , . . - � � . �apSta�, e�.Pez�i��tur�s- f or adc��.��.ona1 cap��a� 3.�pravem�nt� and . � .� �� � • " . � -' addit�.�tim"s �ta said �t�wa,ge 'amllec�lbri, az��� tr.�a�w,�n� :sy��am� o� � '� . " .. - : ��ai�. t�3a�ea�o�.is.-���� Paixl 3ax��.�a�y D�:s�rict, tria8e x�e�es� � - � . ; `� �- � ��.,.. . � �ary �Q itieure �an, 3,ncz�e�ged'�apaa�.�y �o�' :��ie �e�is i�t�ae�sit�►tt�d: : �- � . � � � _- � , _ : by a�i, i�ar.e.a$�d _�Q�.n�ie �o� �se�age anc�� �aste� mater.���. �.ow bein� - - � - �, � . � .: : colle��ed a�,d tr�a��d= t�� �he� same'.ax�d 'foz�m�:�.g a par� =of i�s , - - � ' °a�'or��a�d:_¢b�apla�¢ pZa�, �'or �ei�a�;e,coller�tioz� a,r�d -tr�a�menti, . ;� , . . 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" - � - ° - �,' '.�'}a acccir�,3.�g to`�he, .i.ri�e�e$� �couQca�.�_ ��to, be`r���ac�ied �c�� sa3.d tiond�� -. _; . _ . ` � .. : � sai�a �?oz�d� ��all. .be 's.er�a1� and �a �aQr}:ion.. �hex°�o�'�ishall �be ��ays��.��� � �; � . . . ., t' �e�ciki'year:-�ommer�.c#:ng` �Oc�q'b�r�.3,f .�96�}-�-, �h� �hir8 �rEar �aft�r ti�e � � - _ - .. � �', d�ite cSf`�he""same�,..,bu� nafie, o�� �a�.d bonds sh�ll. _r�n�for a �v�ger- . .. . . � . , °.- . � �eriod ��han �hi��.y,�y�srs�af'�er the'd��e��Qf th,e sacqe��_ � Said - -, _ ', ' . - . . . , , � " bOridS� Shal�; �]e:.C�.88�;�llt�te�.'�88� "S�vdl3gt3 :D18pv13a1 •r.►�''yi#�eul BO�ids� ¢ - . ' ' � � , • . , , � . .=-S�ries �I�o����'8".; end"the �umber�� of, ea�.d' ba�d's.axtd.;�he dat�s �or� i � . '�:. •`_ � -�_ , � � �rhi��h',�eid bonda:� ah�l1 zria�Lire �and th�..am4tln�� .�h�:t �Yie11 u�8�u��- ;,' � , - - ; , .� ` . ,_ 'annu�lly o�r�r� �aid:���erfoc� shal�. 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' .,- : oatobe� 1;: 1 4• , _ " �0 0 _ � ` ' � : � - _ � . , � ' OC�01�6Y` 1.� - a.s��: '. '-'S$�.,r',���$�, 5 „' `,_ 3. . , 000 - ; "�._ _ ' , - . • "� , r , _, �.y . . , . . ' � ' , �i.., ' � ... 1 " ' i ' �* '• 'r � ' .r ' • _f, ' ,% . - ' . . 3• ..1` ' "F". • � ' �• s� ,' .S � •r� � �,1/�/�'oO�s.P , � i . ' - ' ' • 't'-t _,a''^ „ . ., - � . , . . � � . :�"'� ' ' .1M1;.� . a_ . " ' 4 ' .� _ , � N .. . • ' ,_ � , ` . , , . ',� _ ` '' ,_ .' .. - '- `d' � • `.' ;' ,;. . I ` C, t, I ' ' , , .�- '` That- said, '�or�ds�" �ah�il],_�be �iri-'a for�m� later: �o' be . �� . - _ , . .. ' ' ' ' dst�rmined:_ - �ha� :such� �or:m of eai�. 'bo�ids aha�.l ;'pe� prepared� ��f . � � ` � ' -� � ,"` ,by.��a id G ity'$ �Siriking� Fux�d� C omm�:tt���,� appr'c3ved•,by=Chapman_ ., � L .:` :� :��.: � k � �� � ` ' �nd Cutler; i�s: �on�.. .�auMeel, � approv�d by', it's'a�orpdration _' ; `_ _ . �, . .• ..y.-.;,-"Coun�el �and�8dop.ted ,by its_�Coiinai�. -t`. , . ._ . . . _ -- . -. . ,. . � .� ,, .' -. .� ' :l� � .=:,.- . � � Y �_ � . .' . '. ��'��?ESQ�FED_FtJgTH$�i� 'th�t�sealed 'p,rciposals .he�` re-Yd _ -_ � .� `, . - -_ - _ . •�ceiv�d"at.��tk�e of`t'�ce of the �it.y Comp�r�ller,_�'in the Court� ° � y _ 9 -- . - ,� ., � I�ouse, and City �Iall Buil.ding" i�i said `Ci�y` of Sa#:nt Faul;. . � - � ` � � _ - ...,� � .� �� to �en�' otclQc�� A. .�4.. (C.S,T;)_ on. 0c��btie�a�1;��96�., for - � ,, � - , , - . `�� � ' � t �tha's&1Q of�a17:� .o�^, none"of .�,�8�.d bonds .t�fter givi,u� ,due, � , - � ,'� = :�'�,� � . �. �- not�.ce :c��'• such��sale in�`th��_manner -presar3bed by 'lAw, ��.n, t�e -� _� . � ' . .- � i "' •Sa1�nt Pau1��Le�;�1 Ledger,r tMe �off,icial"paper,_of-=,said-�City� and �°�- _ . . - � �-' '� ' -. ���in thE Commeraial 't�Teat; a financial per�:odical� ,pub�.isY�ed i�i'� .' . . . ` r -'�, � ' _'��-'.� . --the, 5ta�e of ��Minnesota. ' �ach �,b�.�d�r sha11� be� requ3.�ed to , - , �� = . _�. ,. .- accompany�b�s bid�.by :a.,-aer��.fied� or aa�Y�ier's ahe�k for' twa. ' ` . � , . � � � ��''� � � � ��,per_ ce�t._ (2�) ��;Af the �mou�t.�ko�' �•bonds` b��d foY�, 'irrhicY�, sha11.. be � :�,_ . _ "� ,- � �•� •. '.�'brfeite�. to the���Ciby ,ae' liquidated c�amages,�,�if:�the bonc�s' are � , .,,;._ 'a� � : . . - �� _ ; - r - . �'.no� te�en -anc�,paid'��for �her�. ready� for_ delivery._:`� � . � ' . . _ , ' , _ , . ,. �; `' x, ' * _ �; , `' ., - ., -. _. , ., ; '� .. p `* ` . , � , ; -- - ,� .' - . •• . .�' ' , ,f _' . '_ 'i�_ �, _ . , • '� V. -i''_ ,'.. , . . .� . . ' .. . , _ I �_ .�. i' , , 's , _ . , . ', : _ ... . , 4 . . , , _ y . � - *- , • ti;: ' :� '3� +#• {' .` ' � , _ . _ , , _ • ` ' . c , ' ' .-. - ` • -. , — � � .. ' � �, �• ' , r' . _ _. � � . ` , o.. .} _ `_. - ' ' _. ' — . . ,: - ' — - _ . .— ' °— - —•— ' - - '°�= — • — "" • ` "- ., . . . - -- ' DUPLICATE TO PRINTER r �0���� • - � CITY OF ST. PAUL fOENCIL NO. - - OFFICE OF THE CITY CLERK . - COUNCIL RESOLUTION—GENERAL FORM ^ PRESENTED BY COMMISSIONER DATF � � � . The City Comptroller shall at the next meeting after receiving eaid bids, present the same to the Council for its action thereon. The said bonda shall be offered to the person who wi.11 pay par or better therefor, at the lowest rate of interest, not exceeding five per aent (5�) , � COUNCILMEN Adopted by the Coun�c1i7'- – 3 a96� 19— Yeas Nays DeCourcy ��P � � P���' Holland Approved 19— Loss Tn Favor .�e�i�ee� � Peterson Mayor A gainst ftosen Mr. President, Vayoulis aM G-61