199734Council File No. 199734 —By Miltonfi�
CITY ORIG11t�AL TO COY CLiRK ` CI OF Rosen—
Resolved, By the Council of th
1 1 City of Saint Paul, upon due considee NCIL `-r
r- NO.
ation of the report of the Commissi-)ner
OFFICE OF TH of Public Works and due investigation
in COUNCIL RESOLUTI I determined the premises, that it is found and
ermined that there has arisen and
now exists an urgent and necessitous
PRESENTED BY situation and condition in respect of
COMMISSIONE necessary Flood Co, in„ thg, ^.sty
e� s mac_. - } _M_
1
RESOLVED, by the Council of the City'of Saint Paul; upon due
consideration of the report of the Commissioner of Public Works and due
investigation in the premises, that it is found and determined that
there has arisen and now exists an urgent and necessitous situation and
condition in respect'of necessary Flood Control, in the City of Saint
Paul,.requiring immediate provision for increased flood control
facilities therefor which constitutes a sudden and unexpected emergency
wherein the funds of said City provided therefor have become and remain
inadequate for the protection of the public interests; nd that
supplemental to the funds of the City available therefor d supplemental
to any funds from any other source available therefor i will be
necessary that the City forthwith borrow and make available for payment
of its expense necessarily to be incurred in properly protecting the
public interests, in the premises, by the procurement and establishment
of such additional flood control facilitied making adequate provision
therefor in meets such emergency, the su of not to exceed Two Hundred
Thousand Dollars (200,000);
RESOLVED FURTHER, that the Mayor and City Comptroller hereby
are authorized, pursuant to Section 206 of the City Charter, in behalf
of the City, to borrow temporarily said sum of not to exceed, Two Hundred
Thousand Dollars ($200,000) necessary, together with all other funds
available therefor, properly to meet such emergency and protect the
public interests therein, and to make, execute and deliver to the party
or parties making such temporary loan, a promissory note of the City
therefor in the principal amount of such temporary loan and not to
exceed the sum of Two Hundred Thousand Dollars ($200,000), and bearing
interest thereon at not to exceed six per cent per annum until paid
and payable within one (1) year from and after the date of such temporary
loan;
RESOLVED FURTHER that
Thousand Dollars ($200,0003, upon
shall be deposited to the credit
created and designated as "Flood
borrowed sum of not to- exceed Two
COUNCILMEN
Yeas Nays
DeCourcy
Rolland
Loss
Mortinson
Peterson
Rosen
Mr. President, Vavoulis
sM s -0o '1!i 2
said sum of not to exceed Two Hundred
n such authorized borrowing.of the same,
of a special fund. of the City hereby
Co trol Project Fund" and that such
Hundred Thousand Dollars ($200,000)
-�' In Favor
Against
Adopted by the Council 19—
Approved 19
Mayor
199734
ORIGINAL TO CITY CLVRK
CITY OF ST. PAUL COUNCIL NO.
OFFICE OF THE CITY CLERK FILE
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
and any additional funds available or made available therefor
by grant or otherwise are hereby appropriated therefor and made
chargeable with the City's necessary expense in meeting its
said emergency.
Countersigned:
City Comptroller
COUNCILMEN
Yeas Nays
DeCourcy
Holland
Loss
Mortinson
Peterson
Rosen
Mr. President, Vavoulis
SM E -60 2
n Favor
Against
A]
NOV 18 low
Adopted by the Council 19-
1tOV 181980
A.
Mayor