200172ORIGINAL TO CITY CLERK
PRESENTED
COMMISSI,
CITY OF ST. PAUL FILE NO NO
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
{
200172
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 appropriated therefor and credited to the Workmen's
Compensation Fund, 31 G 1, are inadequate to properly protect
the public interests and there has been created and now exists
a sudden and unforeseen emergency on such account; that to meet
said emergency it has become and' is nearmsary that, pursuant to
Section 206 of the City Charter, the City borrow, temporarily,
not to exceed the sum of $879000.00, to be credited to said
Workmen's Compensation Account, 31 G 1; that the Mayor ;?and the
Comptroller be and hereby are authorized and directed,'for the
purpose aforesaid, to borrow, in the City's behalf, not to exceed
the sum of $87,000,100, and to execute and deliver to the party
or parties making such loan, the promissory note of the City,of
Saint Paul in the same principal sum, payable to such party or
parties, bearing interest not to, exceed ftyp per cent per annum,
and payable within one year after the date of such loan, the said
sum to be credited as aforesaid to said Workmen's Compensation
Account'31 G 1, subject therein to disbursement for the purposes
of said emergency and the particular purposes of said Fund.
Council File No. 200172 —By Robert F.
Peterson —
Resolved, That this Council, being
duly advised in the premises, finds
that, by season of unforeseen and
excessive claims which have accrued .
as charges against the same, the City .'
funds appropriated therefor and cred- '
ited to the Workmen's Compensation;
Fund, 31 G 1, are inadequate to prop-'
erly protect the public interests and
there has been created and now exists j
a sudden and unforeseen emergency
r :09 +y
11
i
COUNCILMEN
Yeas Nays
DeCourcy
Holland
Loss
n Favor
Mortinson
Peterson
Against
Rosen
Mr. President, Vavoulis
sM 6.60 q8102
Mil
r
r
Adopted by the Council 19-
n1:P 2 2 120
DUPLICATE TO PRINTER ?0QT72
. _ CITY OF ST. PAUL COUNCIL NO. 111.... iiii��� fj�� �////
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
FESQLVED, that this Council; being duly advised in the
premises, finds that# by reason of Unforeseen and excessive
claims which have accrued as charges against the samey the City
funds appropriated therefor and credited to the Workmen's
Compensation Fund, 31 G 1 are inadequate to properly protect
the public interests and there has been created and now exists
a sudden and unforeseen emergency on such account$ that to meet
said emergency it has become and is neaw nary that$ pursuant to
Section 206 of the City Charter, the City boxrowf temporarily,
not to exceed the .sum of $87000.00, to be credited to said
Workmen's Compensation Account, 31 6 1; that the Mayorgang the
Comptroller be and hereby are authorized and directedy for the
purpose aforesaid, to borrow, in the City0s behalf, not to exceed
the sum of S879000�:00, and to execute and deliver to the party
or parties making such loans the promissory note of the City of
Saint Paul in the same principal sum, payable to such party or
parties, bearing interest not to exceed f y_r per dent per annum,
and payable within one year after the date of such loan, the said
sum to be credited as aforesaid to said Workmen's Compensation
Account 31 G Z, subject therein to disbursement for the purposes
of said emergency and the particular purposes of said Fund..
COUNCILMEN
Yeas Nays
DeCourcy
Holland
Loss
Mortinson
Peterson
Rosen
Mr. President, Vavoulis
EM 5.80 OSW2
3E, 22r
Adopted by the Council 19—
Approvepici 19—
Favor
n Mayor
y Against