190366ORIGINAL TO CITY CLERK
i'
PRESENTED BY
COMMISSION
CITY OF ST. PAUL
OFFICE OF THE CITY CLERK
NL, RESOLUTION — GENERAL FORM
COUNCIL 1 � �'J66
FILE NO•
Council File No. 190366 —By Joseph E
Dillon, mayor —
Resolved, That this Council, bei�
: -, advised a-. the premix is .`
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 necessary that, pursuant to
Section 206 of the City Charter, the City borrow, temporarily,
not to exceed the sum of $39,501.69, 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 $39,501.69, 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 four per cent per annum,
and payable within one year after the date of such loan, the said
sum to be credited asaforesaid 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.
�F
COUNCILMEN
Yeas Nays
Holland
Mortinson
Peterson Tn Favor
Rosen
Winkel .Against
Mr. President, Dillon
5M 5 -58 2
Adopted by the Cou DEG 23 1958 ncil 19
DEC 23 1958
PUBLISHED _ f -P - -0 7- 51"
,DUPLICATE TO PRINTER
PRESENTED BY
COMMISSION
19( )366
CITY OF ST. PAUL FILENCIL NO.
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION -- GENERAL FORM
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 Morkments
Compensation Fund, 31 G 1, are inadequate to properly protect
the public interests and these has been created and now exists a
sudden and unforeseen emergency, on such account; that to meet
said emergency it has become and is necessary that, pursuant to
Section 206 of the City Charter, the City borrow, temporarily,
not to exceed the sum of $39,501.69, 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 $39,501.69, 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 four per cent per annum,
and payable within one year after the date of such loan, the said
sun to be credited asaforesaid 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.
COUNCILMEN
Yeas Nays
,D�
Holland
Mortinson
Peterson
Rosen
Winkel
Mr. President, Dillon
5M 5.58 cQW2
n Favor
Against
DEC 23 1958
Adopted by the Council 19—
DEC 2 3 1958
Approved 19—
Mayor