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190798PF-777.1KRK PRESENTED COMMISSI r - CITY OF ST. PAUL OFFICE OF THE CITY CLERK CO C RESOLUTION - GENERAL FORM �u DATE Whereas, a sudden and unexpected emergency has ari the Council specifically so finds and expresses herein, tha funds appropriated for the year 1959 for Minter Street Blain activities have become inadequate, not only to sand icy str plow and remove snow from City streets but also to stockpil and salt needed for sanding-ivy streets and to place in rea snow plowing and snow removal equipment in addition to othe needed to keep the streets in safe condition for winter dri and that emergency borrowing under Charter Section 206 is n necessary to secure the funds needed to do this work and pr to protect the public interest and the lives and safety of inhabitants of the City of St. Paul, Resolved, That the Mayor and Comptroller, be and hereby authorized and directed to borrow a sum not to exce Hundred Seventy —Five Thousand Dollars ($275,000.00) and to and deliver to the party or parties making the loan a prom note payable to such party or parties bearing interest at not exceeding five per cent per anntk, said note to be pay one year from date of execution thereof, and be it Further Resolved, That the funds so borrowed be ca to the Emergency Minter Street Maintenance Fund, Code 13—K, the said fund to be expended only for the purpose of remevi and cindering icy streets. COUNCILMEN Yeas � Nays e cy ond Orti OII Tn eterson Favor -�osen inkel Against . President, Dillon 5M 5.58 2 Adopted by the 190798 n, and the is and sand ness work ng, ly y are Two 0TY e edited all of bo snow j A N , 0 1359 Q 9 Mayor MV al i. , :. ... is > µ �r r t. _. . •fir ��a off 15 A • Rw r • .i t.. 'C .. .. " , _ - tr a�'r ARK r',�i P-7