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185030 Original to City Clerk 4.77 • . - "® CITY OF ST. PAUL COUNCIL NO. .y OFFICE OF THE CITY CLERK NCI 'RESOLUTION— ENERAL FORM PRESENTED BY COMMISSIONER , , DATE a 'f — By Vli;t: RESOLVED, tha this Council, being duly advised in the premises, finds that unforeseen and additional legislation, affecting and providing for substantial increas s in City Officer's salaries, enacted by the Minnesota State Legislature at it 1957 Session, has resulted in the creation of an existing sudden and unfo eseen emergency wherein the City funds appropriated therefor have become and are inaderuate to properly protect the public interests; that to meet said emergency it has become and is necessary that, pursuant to Sec. 206 of the City Charter, the City borrow temporarily the sum ofd $5 500 1,414, to be credited to City Fund 1 A-1, City Officers' Salaries; that the Mayor and the Comptroller be and h reb y are authorized and directed, for the purpose aforesaid, to borrow, in the City's behalf, the said sum of $5,500 and to execute 114-* and deliver, to the par or parties making such loan, the pro• ., • t no e o the City, in the same principal sum, payable to such party or parties, bearing interest not to exceed 4 per cent per annum and payable within one year after the date of such loan; . that upon the making of such loan the said sum thereof shall be credited, as of esaid, wholly, to said City Fund, 1 A-1, City Officers' Salaries, subject therein to disbursement for the purposes of said emergency and the particular purposes of said Fund. Countersigned and Approved: ity Comptroller OCT 311957 COUNCILMEN Adopted by the Council j95 Yeas Nays () I 19c DeCourcy Holland Approved 195_ In Favor Mortinson 41� Peterson n Mayor J'Against Biel Mr. President, Dillon PUBLISHED 1/- a - 's 7 5M 2-57 ,_, 2 Duplicate to Printer 'WV CITY OF ST. PAUL COUNCIL ' OFFICE OF THE CITY CLERK FILE NO. COUNCIL RESOLUTION-GENERAL FORM PRESENTED BY COMMISSIONER DATE RFSOLVFD, that this C"uncil, being duly advised in the premises, finds that unforeseen and additional legislation, affecting and providing for substantial increases in City Officer's salaries, enacted by the Minnesota State Legislature at its, 1957 Session, has resulted in the creation of .:,n existing sudden and unforeseen emergency wherein the City funds appropriated therefor have become anda.re inadequate to properly protect the public interests; that to meet said emergerry it hrs become and is necessary that, pursuant to Sec, 206 or the City Charter, the City borrow temporarily the sun of. t5 500 7'4 to be credited to City Fund 1 A-1, City Officers' Salaries; tht the ltayyor and the Comptroller be and hereby are authorised, and Cirected, for the purpose aforesaid, to borrow, in the City's behalf, the said sum of x5,500 and to execute and deliver, to the party or p rties -caking such loan, the y rom sor; note of the City, in the same principal sum, payable to such party or parties, bearing interest not to exceed 4 per cent .)er annum and payable within one ye r after the dat= of such loan; and/ that upon the making of such loan the said sum thereof shall be credited, as aforesaid, wholly, to said City Fund, 1 A-1, City Officers' Salaries, subject thc,rein to disbursement for the purposes of said emergency end the particular purposes of s'id Fund, Countersigned and Approved: City Comptroller OCT 311967 COUNCILMEN Adopted by the Council 195— 1 ,� . Yeas Nays , jc ;-) DeCourcy Holland Approved WARM in Favor Mortinson - Mayor Peterson Wine1 Against Rosen Mr. President, Dillon SM 2-57 „ "2