182179 •
Original tap Clerk 182.179
CITY OF ST. PAUL COUNCIL NO.
OFFICE OF THE CITY CLERK
•
•"U IL RESOLUTION-GENERAL FORM
Akir
PRESENTED BY
COMMISSIONE Alt DATF
ton-- ,
B�
k`so' b, Ordinance No. 10135, adopted by the Council and approved by
the Mayor Septem.- •, 1953, and ratified by the electors of the City of Saint Paul
at an election held November 3, 1953, the Council of the City of Saint Paul was
authorized to issue and sell the negotiable bonds of the City of Saint Paal of the
par value of Thirty-eight Million, Nine Hundred Fifty-six Thousand Dollars
($38,956,000.00) of which not to exceed the following amounts were to be issued for
the following purposes:
(1) For the purpose of acquiring school sites and grounds and constructing
and equipping new school buildings and additions to existing school buildings, Eight
Milli: ni:.Fi4e1Hundred Theiisand Dollars ($8,500,000.00).
(2) For the purpose of reconstruction, repair, betterment, remodeling and
equipping existing school buildings, Two Million, Five Hundred Thousand Dollars
($2,500,000.00).
(3) For the purpose of acquisition, construction, reconstruction, and bet-
terment of streets and bridges, Twelve Million, Two Hundred Thousand Dollars
($12,200,000.00).
(4) For the purpose of acquisition, construction, reconstruction and bet-
terment of sewers, Eight Million, Three Hundred Sixteen Thousand Dollars
($8,316,000.00).
(5) For the purpose of acquisition, and construction of housing facilities
for garbage disposal equipment, One Hundred Twenty-five Thousand Dollars ($125,000.00) .
(6) For the purpose of acquisition, construction, reconstruction and bet-
terment of the Public Safety Department building and outlying substations and equipping
the same, Five Hundred Thousand Dollars ($500,000.00).
(7) For the purpose of acquisition and construction of a building to house
the Health Department and equip the same, Two Hundred Thousand Dollars ($200,000.00).
(8) For the purpose of acquisition and betterment of parks, playgrounds,
park and playground buildings and the equipping of the same, One Million, Five Hundred
COUNCILMEN Adopted by the Council 195_
Yeas Nays
DeCourcy
Holland Approved 195_
Marzitelli
___In Favor
Mortinson
Peterson Mayor
Rosen Against
Mr. President, Dillon
SM 247 2
1_ _179
Thousand Dollars ($1,500,000.00).
(9) For the purpose of acquisition, construction, reconstruct on and
betterment of street lighting equipment, Seven Hundred Fifty Thousand Do ars
($750,000.00)j
(10) For the purpose of reconstruction and betterment of the !public
auditorium Three Hundred Fifty Thousand Dollars ($350,000.00).
(11) For the purpose of acquisition, construction, reconstruc ion,
equipment and betterment of the public library and branch libraries, Three
Hundred Fifteen Thousand Dollars ($315,000.00).
(12) For the purpose of acquisition, construction and equippii_ of a
civic educational center to house museums and art galleries, One Million Seven
Hundred Thousand Dollars ($1,700,000.00).
(13) For the purpose of acquisition, construction and equippi g of a
civic athletic stadium, Two Million Dollars ($2,000,000.00).
WHEREAS, heretofore the aggregate of Seventeen Million, Seven .undred
Thousand Dollars ($17,700,000.00) par value of such authorized bonds hay- been
issued and sold by the City of Saint Paul for the purpose of its acquisition
of funds necessary to its accomplishment of several parts of the improve ,1ent
purposes for which such bonds as aforesaid were authorized to be issued : .d sold,
to-wit:
For the purposes set out in subdivision (1) above the sum of : ve
Million, Eight Hundred Five Thousand Dollars ($5,805,000.00) ;
For the purposes set out in subdivision (2) above, the sum of one
Million Ninety-five Thousand Dollars ($1,095,000.00);
For the purposes set out in subdivision (3) above, the sum of `our
Million, Three Hundred Eighty-one Thousand Dollars ($4,381,000.00) ;
For the purposes set out in subdivision (4) above, the sum of one
Million, Five Hundred Sixty-eight Thousand Dollars ($1,568,000.00) ;
For the purposes set out in subdivision (5) above the sum of 0.e
Hundred Twenty-five Thousand Dollars ($125,000.00);
For the purposes set out in subdivision (6) above, the sum of inety-
eight Thousand Dollars ($98,000.00);
For the purposes set out in subdivision (7) above, the sum of r •
Hundred Thousand Dollars U200,000.00) ;
For the purposes set out in subdivision (8) above, the sum of one
Million, Sixty-four Thousand. Dollars ($1,064,000.00) ;
For the purposes set out in subdivision (9) above, the sum of "even
Hundred Fifty Thousaand Dollars ($750,000.00) ;
-2-
I8' x79
For the purposes set out in subdivision (10) above, the sum of Two
Hundred Twenty Thousand Dollars ($220,000.00);
For the purposes set out in subdivision (11) abovelc the sum of One
Hundred Eighty—six Thousand Dollars ($186,000.00) ;
For the purposes set out in subdivision (12) above, the sum of Four
Hundred Sixty—eight Thousand Dollars ($468,000.00);
For the purposes set out in subdivision (13) above, the sum of One,-
Million, Seven Hundred Forty Thousand Dollars ($1,740,000.00);
and which heretofore authorized, issued and sold bonds in such aggregate par
value were issued and sold by said City in several forms, four forms for the
purposes set forth in subdivisions(1) and (2) above, in the aggregate p value
sum of Six Million Nine Hundred Thousand Dollars (1.,900,000.00) and ent tied
"School Improvement Bonds, Series No. 1," "School Improvement Bonds, Ser es No. 2,"
"School Improvement Bonds, Series No. 3," and "School Improvement Bonds, Series
No. 4," respectively, and four forms for the purposes set forth in subdi "sions
(3), (4), (5), (6), (7), (8), (9), (10), (11), (12), and (13) in the agg egate
par value sum of Ten Million, Eight Hundred Thousand Dollars 010,800,00 .00)
and entitled "General Improvement Bonds, Series No. 1," "General Improve ent Bonds,
Series No. 2," "General Improvement Bonds, Series No. 3," and "General I provement
Bonds, Series No. 4," respectively; and
WHEREAS, it is necessary at this time that an additional Five Ilion,
Six Hundred Sixty—three Thousand Dollars (g5, 663,000.00) par value of s ch
authorized bonds be issued and sold by said City for the purpose of its cquisition
of funds necessary to its accomplishment of several additional parts of everal of the
improvement purposes for which such bonds as aforesaid were authorized t be issued
and sold, to—wit:
For the purposes set out in subdivision (1) above, the sum of
Million, Fifty Thousand Dollars ($2,050,000.00);
For the purposes set out in subdivision (2) above, the sum of One
Hundred Fifty Thousand Dollars ($150,000.00);
For the purposes set out in Subdivision (3) above, the sum of 0' e
Million, Seventy Thousand Dollars ($1,0701000.00) ;
For the purposes set out in subdivision (4) above, the sum of 0 e
Million, Two Hundred Thirty—six Thousand Dollars ($1,236,000.00);
For the purposes set out in subdivision (6) above, the sum of F ur
Hundred Two Thousand Dollars ($402,000.00);
For the purposes set out in subdivision (8) above, the sum of ee
Hundred Sixty—five Thousand Dollars ($365,000.00) ;
For the purposes set out in subdivision (10) above, the sum of ne
Hundred Thirty Thousand Dollars 0130,000.00);
-3-
. 182. 179
For the purposes set out in subdivision (13) above, the sum of Two
Hundred Sixty Thousand Dollars 0260,000.00); and
'WHEREAS, the financial accounting for other City of Saint Paul departments
is separate and distinct from that for school purposes, it is advisable hat such
additional bonds in the par value sum of Five Million, Six Hundred Sixty three
Thousand Dollars 05,663,000.00) be issued in two forms for the purposes set out
in subdivisions (1) and (2) in the par value sum of Two Million, Two Hun. ed Thousand
Dollars 02,200;000.00) to be entitled, "School Improvement Bonds, Serie- No. 5" and
for the purposes set out in subdivisions (3), (4), (6), (8), (10) and (1:) above
in the par value sum of three Million, Four Hundred Sixty-three Thous- d Dollars
(43,463,000.00), to be entitled "General Improvement Bonds, Series No. 5 ; therefore,
be it
RESOLVED, that the Council of the City of Saint Paul issue and sell at
this time such additional Two Million Two Hundred Thousand Dollars ($2,200,000.00)
par value School Improvement Bonds and such additional Three Million, Foe Hundred
Sixty-three Thousand Dollars ($3,463,000.00) par value General Improvement Bonds
authorized by said Ordinance No. 10135; be it
FURTHER RESOLVED, that such additional bonds authorized by Ordinance No.
10135 in the aggregate amount of Five Million, Six Hundred Sixty-three Thousand
Dollars ($5,663,000.00) par value to be sold in the manner provided by l w, said
bonds to be in denomination of $1,000.00 each, to be dated April 1, 1957, bear
a rate of interest not exceeding six per cent (6%) per annum payable se . annually
on October 1 and April 1, according to the coupons to be attached to sai. bonds;
that said additional bonds shall be serial in form, and of the Two Milli.n, Two
Hundred Thousand Dollars ($2,200,000.00) par value of such bonds issued or
School Improvements, a portion thereof shall be payable each year commen ng
April 1, 1960, but none of said bonds shall run for a longer period than r0 years,
and shall be numbered 11151 to 13350 inclusive, and of the Three Million, Four
Hundred Sixty-three Thousand Dollars ($3,463,000.00) par value of such bolds issued
for the purposes of General Improvements, a portion thereof shall be pay:.le each
year commencing April 1, 1960, but none of said bonds shall run for a lo :er period
than 30 years, and shall be numbered 13351 to 16813 inclusive; and be it
FURTHER RESOLVED, that said additional $2,200,000.00 par value .f the
bonds to be issued for the purposes of School Improvements, shall mature :erially
commencing April 1, 1960, over said thirty-year period on the following d:tes
and in the following amounts:
Maturity Date Bond Numbers Amount Maturing Date Bond Numbers Amount
April 1, 1960 11151-11185 $ 35,000 April 1, 1971 11726-118!.
$ 75,000
1961 11186-11220 35,000 1972 11801-118 5 75,000
1962 11221-11255 35,000 1973 11876-119'0 75,000
1963 11256-11300 1 . 45,000 1974 11951-120 5 85,000
1964 ' 11301-11345 45,000 1975 12036-121.0 85,000
1965 11346-11400 55,000. 1976 12121-122.5 85,000
1966 11401-11455 55,000 1977 12206-12 •0 85,000
1967 11456-11520 65,000 1978 12291-123.0 100,000
1968 11521-11585 65,000 1979 12391-124.0 100,000
1969 11586-11650 65,000. 1980 12491-125.0 100,000
1970 11651-11725 75,000 1981 12591-126.0 100,000
—4
i`?1'. 9
(Cont.) Maturity Date Bond Numbers Amount
1982 12691-12800 $ 110,000
1983 12801-12910 110,000
1984 12911-13020 110,000
1985 13021-13130 110,000
1986 13131-13240 110,000
1987 13241-13350 110,000
$2,200,000
and that said additional $3,463,000.00 par value of the bonds to be issued for
the purposes of General Improvements, shall mature serially commencing April 1, 1960,
over said thirty-year period on the following dates and in the following amounts:
Maturity Date Bond Numbers Amount Maturity Date Bond Numbers Amount
April 1, 1960 13351-13406 $ 56,000 April 1, 1974 14604--14733 $ 130,000
1961 13407-13462 56,000 1975 14734-14863 130,000
1962 13463-13518 56,000 1976 14864-14993 130,000
1963 13519-13588 70,000 1977 14994-15138 145,000
1964 13589-13658 70,000 1978 15139-15283 145,000
1965 13659-13743 85,000 1979 15284-15428 145,000
1966 13244-13828 85,000 1980 15429-15588 160,000
1967 13829-13928 100,000 1981 15589-15748 160,000
1968 13929-14028 100,000 1982 15749-15908 160,000
1969 . 14029-14128 100,000 1983 15909-16083 175,000
1970 14129-14243 115,000 1984 16084-16258 175,000
1971 14244-14358 115,000 1985 16259-16433 175,000
1972 14359-14473 115,000 1986 16434-16623 190,000
1973 14474-14603 130,000 1987 16624.-16813 190,000
g ,463,000
That said $2,200,000.00 par value of the bonds to be issued for School
Improvements shall be in the following form, which has been prepared by t `ISinking
Fund Committee and approved by the Corporation Counsel of the City of Sai 'Paul and
is hereby approved and adopted:
"UNITED STATES OF AMERICA
STATE OF MINNESOTA
COUNTY OF RAMSEY
CITY OF SAINT PAUL
SCHOOL IMPROVEMENT BOND
SERIES NO. 5
No. $1,000.00
KNOW ALL MEN BY THESE PRESENTS, that the City of Saint Paul, in the County
of Ramsey and State of Minnesota, acknowledges itself to owe and for value received
hereby promises to pay to Bearer the sum of One Thousand Dollars ($1,000.0 ) on the
first day of April, , together with interest thereon from the date he eof until
paid, at the rate of per cent per annum, payable semiannually on he first
days of October and April in each year as evidenced by and upon the presentation and
surrender of the annexed interest coupons as they severally become due. B th principal
and interest of this bond are payable in lawful money of the United States of America
at the office of the Commissioner of Finance, in the City of Saint Paul, o at the
-5-
187. 1'79
Fiscal Agency of the City of Saint Paul, in the City of New York, State of New York,
at the option of the holder; and for the prompt payment of this bond, both principal
and interest, at maturity, the faith and credit of the City of Saint Paul are
irrevocably pledged.
This bond is one of a series amounting in the aggregate to the -um of Two
Million, Two Hundred Thousand Dollars ($2,200,000.00), issued by the City for the
purpose of paying the cost of acquiring school sites and grounds, constru ting
and equipping new school buildings, and additions to school buildings, au horized
in Council File No. 165231, Ordinance No. 10135, passed by the Council of said
City and duly signed, attested, approved and published in the manner req ' red by
the Charter of said City, and approved by the electors of the City of Sal t Paul
at the election held November 3, 1953, and under the authority of and in
respects in full compliance with Section 217 of the Charter of the City o Saint
Paul, and such other sections thereof as may be applicable thereto, and C•apter 475,
Minnesota Statutes 1953, as amended.
It is hereby certified and recited that all things, acts, and cinditions
required by the Constitution and Laws of the State of Minnesota and the Charter of
said City to happen and be done and performed precedent to and in the iss■- ice of
this bond, have happened and been done and performed in regular -and due- fprm and
time as required by law and that the total indebtedness of said City, including
this bond, does not exceed any constitutional, statutory, or charter limitations.
IN WITNESS WHEREOF, the said City of Saint Paul, by its Council has caused
this bond to be sealed by the facsimile of its Official Seal, lithographer; thereon,
to be signed by the lithographed facsimile signature of its Mayor, attested by the
lithographed facsimile signature of its City Clerk, and countersigned man : ly by
its Comptroller, and each of the interest coupons hereto attached to be e.ecuted
by the lithographed facsimile signatures of said officers, this first day of
April, 1957.
Mayor
Attest:
City Clerk
Countersigned:
Comptroller
COUPON
No.
April,
On the first day of October, , the City of Saint Paul, Mi •esota,
promises to pay to bearer at the office of the Colu• ssioner
of Finance, in the City of Saint Paul, or at the Fiscal Agency of the Cit of Saint
Paul, in the City of New York, State of New York, at the option of the holier, for
interest due that day on its School Improvement Bond, Series No. 5, dated .pril 1, 1957.
No.
Attest: Mayor
Countersigned:
City Clerk 4 Comptroller"
182179
That said $3,463,000.00 par value of the bonds to be issued for General
Improvements shall be in the following form, which has been prepared by the Sinking
Fund Cconmittee and approved by the Corporation Counsel of the City of Saint Paul and
is hereby approved and adopted:
"UNITED STATES OF AMERICA
STATE OF MINNESOTA
COUNTY OF RAMSEY
CITY OF SAINT PAUL
GENERAL IMPROVEMENT BOND
SERIES NO. 5
No. $1,000.00
KNOW ALL MEN BY THESE PRESENTS, that the City of Saint Paul, in the County
of Ramsey and State of Minnesota, acknowledges itself to owe and for val - received
hereby promises to pay to Bearer the sum of One Thousand Dollars ($1,000.10) on the
first day of April, , together with interest thereon from the date ereof until
paid, at the rate of per cent per annum, payable semiannually on the first
days of October and April in each year as evidenced by and upon the presentation and
surrender of the annexed interest coupons as they severally become due. Both princi-
pal and interest of this bond are payable in lawful money of the United States of
America at the office of the Commissioner of Finance, in the City of Saint Paul, or
at the Fiscal Agency of the City of Saint Paul, in the City of New York, .tate of
New York, at the option of the holder; and for the prompt payment of this bond, both
principal and interest, at maturity, the faith and credit of the City of •aint Paul
are irrevocably pledged.
This bond is one of a series amounting in the aggregate to the =um of
Three Million, Four Hundred Sixty-three Thousand Dollars ($3,463,000.00), issued
by the City for the purpose of paying the cost of general improvements au horized
in Council File No. 165231, Ordinance No. 10135, passed by the Council of said
City and duly signed, attested, approved and published in the manner req red by the
Charter of said City, and approved by the electors of the City of Saint P.;ul at the
election held November 3, 1953, and under the authority of and in all res,,ects in
full compliance with Section 217 of the Charter of the City of Saint Paul and such
other sections thereof as may be applicable thereto, and Chapter 475, Minnesota
Statutes 1953, as amended.
It is hereby certified and recited that all things, acts, and conditions
required by the Constitution and Laws of the State of Minnesota and the Charter of
said City to happen and be done and performed precedent to and in the issuance
of this bond, have happened and been done and performed in regular and due form
and time as required by law and that the total indebtedness of said City, 'including
this bond, does not exceed any constitutional, statutory or charter limit .tions.
IN WITNESS WHEREOF, the said City of Saint Paul, by its Council has caused
this bond to be sealed by the facsimile of its Official Seal, lithographer' thereon,
to be signed by the lithographed facsimile signature of its Mayor, attested by the
lithographed facsimile signature of its City Clerk, and countersigned manually by
-7-
1.8179
its Comptroller„ and each of the interest coupons hereto attached to be executed by
the lithographed facsimile signatures of said officers, this first day o April, 1957.
Mayor
Attest:
City Clerk
Countersigned:
Comptroller
COUPON
No. r
On the first day of October, , the City of Saint Paul, _i�nnesota,
promises to pay to bearer at the office of the ommissioner
of Finance, in the City of Saint Paul, or at the Fiscal Agency of the Ci r► of Saint
Paul, in the City of New York, State of New York, at the option of the holder, for
interest due that day on its General Improvement Bond, Series No. 5, da =. April 1,
1957. No.
Mayor
Attest:
City Clerk
Countersigned:
Comptroller"
and be it
FURTHER RESOLVED, that each said bond shall be sealed by the facsimile
of the Official Seal of the City of Saint Paul lithographed thereon and signed by
the lithographed facsimile signature of the Mayor, attested by the lithog ached
facsimile signature of the City Clerk, and countersigned manually by the ity
Comptroller, in accordance with Chapter 422, Laws of Minnesota 1951, and ection
475.55, Minnesota Statutes Annotated, and the interest coupons thereto at ached
shall be executed by the lithographed facsimile signatures of said officers;
-8-
Original to O y clerk ,
CITY OF ST. PAUL FIOENCIL N 181• 1.7a
•
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DATF
RESOLVED FURTHER, that sealed proposals be received in the offilCe of
the City Comptroller in the Court House and City Hall Building, in the Ci • of
Saint Paul, Minnesota, up to ten o'clock a. m. (C. S. T.) April 10, 1957, for
the sale of all or none of such issue, according to the purpose of such b.nd, after
giving due notice of said sale in the manner prescribed by law, in the St Paul
Legal Ledger, the official paper of said City, and in the Commercial West, a finan-
cial periodical published in the State of Minnesota; that each bidder sh:I be
required to accompany his bid by a certified or cashier's check for two (') per
cent of the amount of bonds bid for, which will be forfeited to the City :s liqui-
dated damages if the bonds are not taken and paid for when ready for deli'ery;
that the City Comptroller shall, at the next meeting after receiving said bids,
present the same to the Sinking Fund Committee and the Council for their -ction
thereon; and that said bonds s}A11 be offered to the person who will pay .ar or
better therefor, at the lowest rate of interest, not exceeding six (6) pei cent
per annum.
AOR 31957
COUNCILMEN Adopted by the Council 195_
Yeas Nays
i ►R 31S
DeCourcy /
Hulla��d Approve• 195_
1ClarzlLeuz In Favor
, OF �• /-
Mortinson �Z - 1 Al•v
Peterson 0 Mayor
Rosen Against
Mr. President, Dillon
PUBLISHED 5.1-
5M 2-57 02
-9-
: 97
lerinat by' Oreingne. SO. 11• , adopted by the Council 0kod srproeqd bi
the mayor gap e? 90 , 9' ' dt tod. ratified thft electora of the City or Itkit, 'Paul
at an election held November 3# ,510 the Omemil of the C.1,ty o*' (Inlet- Paul 'Inc
authorised te it*nill. tole sell_ the t(PPO ble bones of the City of $4tat P6A.11 of to
r r velum of Thi rt t t Killion, iiine gun tired riftY.,alr Thout4ed tolIt. ,z
(t,$*10,6,001.00 of vtleb not to exceed *gloving ng a d its e to be isued: for
the folleving 3u eer a
(l) for the purpose of enquiring school sites grounds -end �e ruc
mad * 1n nee' a of ;, in , dl lmm to em.eti **beet buildings, light
gtilliChiriveiEendred stand Dellara ($$$.500,00 .00),
('`) rer the purses* of reconstruction, repair, betterment, re-m ii*V 014
eluispies existing atheel buildinge, Tvo Xillion, rive ' ,d a Thousand Doll r
(3) or the VurPose of actIktsition, construction, reconstruction, and hem
torment of :Arent* s .. d - ' # 'Twelve Million, Tec Hundred Thousand
(4) ?or tho PerPose of sequisition, conetmuction# reconstruction and bed
,fie. . .of *avers, Yight rillion, Three Emodred *ixteen Thoon4n0 Donate
('ti,Th , r )*
(1) ller the purpose. of gulei t . , and-construction of homin(014,00,7=4,a0).
ff- ti .
f a e disposal t, 7 ive Thousand tellers
n acquisition, trusties,
** nt of the r*blie SeretrPoPqmilomettikaldime n sibetstiono *quipping
the exam*, rive Hundred, .. l iars (t$00, ` ,00 .
(1) Ter the purpose of acTaisition and Construction of a building; to house
the reei e r t tad y: it ,r . asset ? o r e T1'41 e n D 1' r ($200, .0')).
(ft) For the pines of acquisition 1: of pork*, rl ' 'ie un do,
perk a d Tom' ed b ll t-34* end the . fi° mS off° t'k eo . , O,n* i l on, l * Hundred
I 8t179
Thousond Dollnrs (t10500,00D.00).,
(1) For the purpose of acquisition, oonotruction, recottotructio, and
botternent of street lightiog oquipmont, t2even Hundred Fifty Thous ond Dollera
(Pi5o,,Doo.00)/
(10) For the purpooe of reconstruction and bettersont of the putt
auditorium Three Hundred Fifty Thoaeond Dollere ($150,000000).
(Ii) or the purpose of acOnioltion, conotruction, reconstructitto
oquiPment and bottoroont of the public libtory and brooch libraries, two*
Hundrod Fifteon Thauttod Doll (C1150010.00),
(12) For thy purpose of atrlatition, construction nod *Vining or a
eimie motional center to boo * 1140eUMS and art gollorloa, One Million, even
Nondred Thoosond Dollars (111700,000,00))
(13) ?or the purpooe o ocouisition, constroetioo and *Oar-14*e of a
civic athlotic etadiu*, Toco Million Dotlor ($2,000,000Atc/0)4,
MAUS, heretoforo the oogregste of Sevontoon Million, Devon R ,drod
Thousand Dollaro (f17,7000000,00) per value of ruch authorised boude havo olpen
issued wad oold by the city of drat A421 for the purpose of its ttoquisition
of funde noconsory to it accomplishitent of several palls or the improveo, -t
purpooes for which rums bonds as aforooaid were authorioed to be issued on., sold,
to-vitt
For the purposes *et out in subdivision (1) above, the sum of Flea
Aalliott, tight Hundred Five Thouoond Dollar* 05,805,000,00);
For the purposes set out in subdiviaion (2) above, the tom of On
Million WineNrofive Thouoond Dollors ( 1,095,(0040);
?or the vorooiee oet out in oubdiviolon (3) ebove, the SIM of Po
Million, Three Hundred Fightroone Thousood o1Iaro ( 4,341,000,00) ;
Tar the purpooes set out in subdivioion (4) above, the eum of On
Million) Five Hundred Sixtrotight Thouooed Dolloro (4'1,568,000,00);
For the purposes sot out in subdivioion (5) above the woo of One
Hundred Toent
yofive Thousand Dollors (a25,04r,00);
For the purposes eet out in oubdivieion (6) above, the sum of rile esti-
eiRht Thoumand Dollar (1140000.00);
For tbo purposes set vat in subdivision (7) above, the sum of . -
Sultdred Thousond Dollars (T200,0000.00);
For t 2urpoeee oat out in oUbdivieion ( ) above, tho ono of On
Millittn, Sixty-four Thousand Dolloro (U10640000400);
or the purposes slat out in sUbdivioion (9) obey*, the aum of re
Hundred Fifty Thoutoond Dollars (P750,000.00);
oo.
18!...179
JoeFor the purposes set out In oubdivieion (10) eboe, the oo of H.
Hundred Twenty Thousand Pollarl (4220,000.00);
For the purposes set out in so4Eivialon (11) above; the sue of 0e
Hundred Fiebtoosio Thid Dollore (W6,000.00);
For the purpoees set out in subdivision (u) above, the sum of F ur
Huodred. oto....eight Thousand Bollaro ( 461,000.00);
For. the purposes set out in eubdivision (13) shove, the sum of One
Million, Saloon Hundred Forty Than d Dollars ( 10740,000,00);
and vhich heretofore autborieed, issued mad gold bonds in such Aggregate p
vele* 'etre leeued aud sad b)' ode City in several forms, four to for t
purposes eet forth in eubdivisions(1) and (2) above, in the eggregate per value
sum of Sin Killion Hine Hundred Thoueand Dollars (46,900,000000) end entitled
oSehool Ipprovement Donde, Serial No. 1, *School Improvesent panda, Series No. 240
"School I m p r o v e m e n t Hoods, Series .No 1* and aSehool Improvement oads„ o ries
No, h, resPeotiveart and four forms for the PurPoaes set forth in subdivi lone
(1), (4), (5), (40), (7), (5)0 (9), (10), (11), (12)„ and (11) io the *ger At,
per velue sum of Ten Million, Tirbt Hundred Thousand Dollars (410,-1,4)000, )
anti entitled *Comerel Improvement Honda, Series No, 1,* ..°0-emerel Improvement Holds,
111,74,5 No, pta 00onere1 luprovement Ronde, Series Ko, 3,4 and Qenera1 InProvanont
Sonde, Series No 4,* respeetively; end
varraSo it ie necessary at this ti,‘4 that an additional live mi lions
ris Finnered Sixty-three Thousand Dollare ($5, 663,000000) par value of ens
authorised bonda U. issued *s4 1014 hy *44 City for the purpose of its a01;. uleition
of funds neceemory to its accouplisheent of several eedttioutl arte of aelaral of the
improvement purpose* for vhioh snob hood/ as efOreeeid vere authorised to be losued
and mold, toomitt
For the purposes set out in sUbdivition (1) above, the sum of ,-
Nillio , ?iftf Thousand Dossers ($2,( 50„000.00);
For the purposes set out in subdivision ( ) oboveip the sum of One
Hundred Fifty Thouxeod Moller e (e150,000.00) ;
nor the purposes set out in tjubdivision ( ) above, the sum of One
Million, Seventy Thoasend Dollars (01,070o000000))
,
For the purposes set out in eubdivision (A) above, the sum of One
Million, Too Hundred Thirtyosix Thouaand DoIlere (t1,236,000,00);
For the purposes set out in al:Wadi-vision (6) above, the sum or Tout
Hundred Tvo Thousond Dollars (01404000,00);
FOr the purposes oet out in subdivision (8) above, the s of 1 e
Hundred Sixty-fie Thousand Dollop* ( 165,000,00)o
For the purposes set out in subdivision (10) above, the sun of 0
Hundred Thirty Thou send Dollero- (S110,000.00);
-3-
18` .
Par the purposes set oat in subdivision (11) above, t sum of Tvo
Runeree St sty Thousand liars 260000n.0 'I); and
E �AS„ the financial saco ntin for other City of Saint Peal departments
is separate snd distinct from that for school purposes, it is Advisable that such
additional bones in the ;gar value sun of ril/.4 Million,
,11Traegold ropers (15,66,00000 00) be iesaed in t+ o forms for the parp°s .,s set out
in subdivisions (1) end (2) in the pair value sum of Tuo Kllion, TWO Htuldred Thousand
Dollars (t2,21-4-1000.00) bn entitled, ' chool Improvement emen ►nr s, Series Bo. 5s and
for the purposes es ist out in subdivisions ( ), (4), (6), ( ), (10) And (1 3) above
t. .$n the par value isiUM of Three Killion Pot Hundred Sixty-three o * er
( , , s0), be entitled 'G ne- ,
improvement nth, Series- Now 5 therefore,
be it
PSSOLVPD, that the Council of the Cif' of Seint Psul issue and cell at
this time such additional Ivo Killion Hundred Thousand Dollars ( 2,,a , 00)
per value 3choel Improvement Bonds and such a Million, rourriundre4
Sixty-tie Thousand Dollars tw 46 , 00. value General Improvement . nor
authorized by said 0>^+di* aa.iee o. 101151 be it
• Wr fBROWNED,. ice . such ddi do a 1 bonds authorised by Ordinsuce 004
10135 In the agrregivte amount of 'iv. Million, ''i.x nxz : Sixty-three Thousand
11 re (V;06630000.00) pay" value to be gold in the sewer Provided br law, said
hoods to be in denomination of 't1,000.00 each, to be dated April ,1, 1957, boor
e rate of interest not esceeding, sib Per cent (6: ) per amnia payable semisnanally
on October 1 end April 1, tocora, to the coupons to be attached to said midst
that osid addition.' bonds Shall be serial In form, sad of the Tee Millie*, tvo
Ren red Thousand Dollars ( 2420 *000. ) ear value of such bonds issued for
$mil /sprovesents, A Portion thereof shall be payabie each r *. t ending
April`1, 1960, but noes of said bonds shell ran for aa. longer period than 30 ye rs,
and Million Shell 11151 to 13 inclusive an of the �r+ s ��
Rundred Sixty-three ol an t Vo11 (01,461,000400) per rains of such band* 11$1 +
for the purposes of General Is Provoseots, u portion thereof shall be paYahlasseb
year commencing April 1, a 0, but tons of t bonds eh run r for . loser e
than 30 ra , and shell ben . bred 1Y351 to 16g13 inc lusir.; end be it
1 B'# i ? N!'soLvrp that said additiooal 412,200,000*00 Par vela of
bonds be issued for the Purposes of "ohoo1 Improvements, sal mature scriollr
oungetnelo9 April 1, 1960, over said thirty-Tear period on the fbIloving dntes
and in the fnllovin amountet
Neturitv Date o y NUMbers wry ogn Ant ty Date l f Amount
Aril 1, 1960 11151.1.1195 t 35,000 April I, 1971 11726-11900 75,0
1961 1118641220 15,000
1972 11901-11975 75,0
1962 1122141255 1 35,000 1973 11976 u950 /5,000
1961 11.1 31 5, , 1974 3.3953.-1243:35 eS,0
1964 11301-11345 45,000 1975 12036-12120 $5,
1%5 11346-U400 55,000 19% 121214-U45 95,
1966 11401-114 55,E 1977 1246-12290 95,E
1967 11456-11520 6 5,000 1979 lZ29l l 100,000
1969 115 1-U, 65,000` 1979 12391.14490 100,000
1969 11 -.Il 65,000 1990 12491-12590 100,000
1970 11651-11725 75,000 1991 12591-12690 100,0
.1!i2179. ..,
(Cont.) ttf I ., zit
3.982 1269142 00 $ 110,000
19a, 1 ,4.01-42910 110,
1984 1291i 1 0
20 110,0 `
1985, 11021-1,130 110,000
1986 13131-13;.:40 110,000
1987 1324143350 110.000
egad that said tdditionel 13,463,000.00 par value of the hoods be issued for
the purposes s of Otnern1 1e provem nts, shell nature serially a ei April 1, 1960,
over said thirty-year ert on the follevinF dates iod in the follovio9 imennts:
Nativity' t h b Wit. ,, ad, i. ` ,
All 1, 1960 1)351--13 $ 56,000 il 1, 1974 1460444713 47. 300000
1961 13407 13462 58,E 1975 14714.-14663 30,004
1962 114614/316 56,0 19% 1486444993 30,0
1963 1/51943588 70,000 1977 1499445138 145,000
1964 13589-11658 770 000 197* 15139-15281 5281 .,125,
1965 1.1659.1.3743 85,000 1979 1528445x` 5,03
1966 1144443828 63,E 1960 15429455dg 60,E
1967 1382943928 100,000 1901 1518945748 160000
1968 1192944028 100,000 1982 15749-15908 60,E
1969 14029-1412$ 100,000 1983 15909-16081 75,
1970 1412944:743 119, 1984 108446 175,
1971 1424444356 115,000 1"a,'5 16 9163 175,000
1972 14359-1,4471 115, ioa6 16431046423 ,,. *
19 144/4-14603 130,000 1987 166446913 . P
, ,k3,*4:s.
That said $2,2000000.00 par value of the bonds to be issue for 1
1mpro ent shall 11 b in the fo11e 1 form, a bi a huu been pre p r by the inking
d Committee and ,approved by the Corporation Counsel of the City of Saint &u1 end
is hereby .approved ane Aopteth
e' IN1*` D STATES OF OMPICA
3 .. 1 F asuman
COUP or RAM
;
CITY SAINT :.A
CC 0 , a BOND
No.
m ALL MIS PI Tatar, PRZSYM, that the City of Saint Pau., in the Count,'
of Ramsey mod Stet of Minnesota, asohno'r1ec! ee itself to owe and for value received
hereby promises to pray to Bearer the sum of One 'Thousand ally (4,000.00) ft the
first day of April, ..,_.. __, together vith interest thereon from the date hereof until
paid, it the re±t€: of per cent par annum, payable semiannually on the first
il ya of October end April in each year u evidenced by ind epos the presentation and
surrender of the Annexed interest coupons ss they severally become duo. Bath principal
end interest of this bond ‘re Payable in Inufel money of the United States of AeHriee
et the office of the Cqmmiteioner or Finance, in the City a t Saint Paul, or et the
nasal Ai ' of the City o" Saint, Panl* it the City of Neu York* State of New Fork*
at the option of the holder; and for the prompt payment of this bond* both Trincipal
mad interest* at maturity* the- frAth and credit or the City of Saint Paul ..
irrevocabl ledead*
This bond ix one of a series amounting in the aggregate to the s • of To
ui
Million* Two Hundred Thousand. Dollar o 012,2001000.00)0 issued by the City f r the
Purpose of paying the cent of iwtairing sehtva tli*.e$ god ffrouode, ometruet. ag
and equiPPlog new.sehool buildings* and additions to school buildings* authorised
in COUACil File NO, 1652314 Ortnanom ge* 10135* aseed by the Connell of said .
City and duly signed* attested* approved and published i4 th* manner required by
the Charter of said City* and approved by the clector of the City of Seitt Paul.
at the election held November 14 19534 and under the authority of and in all
respects in full compliance with Section 0.7 of the Charter' of the City of taint
7eul* and such other sections thereof to may be applicable thereto* end ChapterH47.5*
Minnesota Statutes 1954 es amended*
It is hereby certified sue recited that all things* seta* tad cone-Ulan*
required by the Constitution and Laws of the State of Miancepta and the Charter of
said City to happen and be done and performed precedent to and 10. the I-Seamans of
this bond* have happened, and been done sag. performed in regular uad due tar e and
time as reqUired by law and that the total indebtedness of said City* including
this bond* dose not costae any constitutional* statutory, or charter limitations*
IN VITNESS VSTRSOF0 the odd City of Saint, Paul, by its Council* hies cause
Try
this bond, to b* sealed by 00 feet-Ione of i10' i3ffiolul Soga, tiAllogritfhed there
to he signed by the lithographed facsimile- signature of its Mayor* attested . the
lithographed. facsimile sigrotare Of its City Clerk* and counteraiyaed *canal. 7 by
its Comptroller* sad each of the interest coupons hereto attached to be emanated
by the lithographed facsimile signatures of said officerz* this first. day of
Aril, 1957*
. .
Mayor
Attestt
el t7 01**
Contersigned:
Coaptroller
COUPON
mo.
April*
On the first day of Ottobero ......,0 the City o Saint Paul* NinneaCte,.
promises to pay to bearer : at the office of the Commissioner
of Finance* in the City of Saint Pent, or at the Racal AteAcy of the City of Saint
Paull in the City of Nov Tort, State of Maw York* at the option of the bolder* for
irtereet due that day on its School Improvement pond* cerise Mo4 51 datedlpril 1, 1957*
.......................mpAroommall... .....101110.41000110**
Attesit Mayor
Couatersignede _ . , i
, . . , -. .,.. .
City Clerk e Conntiollers
1179
That said S1,463,000.00 pax Tame of the bonds te ba issued " r .et; r .
Improvements atoll be is the follel4ne form, orb, ,cad has been prepared by th inks.;.
Fund Committee itt 41141. aPpra 6 by tea Corporation CounSel or than City of Sainti Psi And
is herrby approved and Adopted;
STS T7 OF Fa
CO 's' 07 VAESST
of y: 07 tla° PAS
CINTPAZ IR O M , SOS
uIM t rt O. 5
OY ALL Mrx EY TRVT Pltrf.TNTet th t- 't 1p Cit7 of Z i t- Pots., in the C amt
of !legacy snd St at . of Ainnesot30 acknowledges ttae1f to eve 446 for value r caeit*d
hereby r t ses t o pay to nearer the sum of Ore '"bo::g a d Dollar& ( ,
f .r*t t$1y of April, ., together itb interest thereon frog the date hereof until,
odd' et• the mete of per cent per annum, payable semiannually o the first
days of October and APril in each year es freibraete by end mpon the presentation end
surrender of th Wined interest pons 65 they severally berme due. gr rt Act,+.
r
pal and interest or this band are payable in 1t 1u money of thio United Stites of
Amerita at the office of the Commissioner f" Finance, in the City of Saint Fes, or
at the Fiscal Agency of the City of Saint Paul, i. a the City of tiev York, Scans of
em !ork �t the option of the bolder; aaas° for the prompt t 'payment this �, boy.
principal and i: t erest, at n*t rittr, thc faith and ere i.t of the City of Saint Paul
ere irrevocably pledged.
This bond is one of a series amounting
In the aggregate to the a or
Three Million, Four +a xth 'three Thousand Dollars (i`" , 3,
by t City' for the purpose of <e4ii. the coat of general improvements easts a z orised
in Council r110 No. 165231, Ordinance No. 10115, passed by the Council of id
City and duly reds attested, approved en published in the manner required by the
Catr of said City, and approved the slattern f t City of Saint P at
election bold November 1, 195,, and under the authority of and in all reap cftts in
217 of the t etl
tort compliance nth Section u �� Cha::rter of the C� of .� i , lond such
otter sections thereof se may be applicable thereto, and Chapter 475, Minnesota
Statutes 11511 t: Amended.
It t ; hereby certified and recited t^ t All things, Acts, ant conditions
ree:mir d by the Constitution tt el Oaa a of the State of tin eaote and the Ch ster of
said Ci. . to happen to be dune and performer' precedent to and i tine, issuance
of thie hoes luvlv pan d anti, been ?one and perform d in regular And due form
tad time es re<mired bylaw and that the total indebtedness ess of s c: CitY, ,noluding
this bond, does not emcee any constitutionals statutory or charter lied limit4tions.
ig viTSFSC vRtPliCro the slams City of Stint ?suit hy its Council has caused
this bond to be sealed by the facsimile of its Official Seal, lithographedl thereon,
to be signed by the lithographed fa-simile signa,ture of ita Royer, attested by the
lithographed facsimile signature of its City Clerk, And countersigned 1441113341,7
.7.
.1e.)179.
its Comptrollet$4 and each of the interest coupono hereto atteohnd to be everted to,7
the lithographed facsimile signatures o said officers, this firt 4.0.7 of April, 1957,
Mayor
Attests
City clort
Countersignedi
Comptr011et
COUPON
No,
OTI the first day of APT11, tho eittr of $aint Paul Minnesota
October, '
promises to pay to bearer At the *frit* of the Commisaionar
of Pins:noel in the City of Saint Paul, or at the ;)!Isca Av,,':ney of the City of Saint
Paul, in the tit Of new York. State of Wow York, at the option of the holder* for
interest duo OA fltuy on its lateral Improvement Bond, reties No4 54 dated April
1957.
Xerit
Attest*
City- Clerk
CoIntersignadt
Comptroller"
for.0, be it
1111111,ra gEgOLV7T4 thtt etch gala. bond shell be sealed by the fecsieile
of the Official $041 of the City of Seitt Paul lithe reon and signed by
the lithographed feentmile signature of the Mayor, ettented by the lithograpbed
fahnimile siOnature of the City Clerk, and .40intied manually by the City
414ptrollers in eocordenee with Chapter 4224 taws of Minnesota 19510 and. $00 .00
47N*554 Minnesota etatutts Annotated" and the interest coupons thereto Att e:. ed
shell be exeetitee by the lithegraphod facsimile hignturei of gait! *Moor ;
. `):i '9
AVM ?0,1117P, thet seulse repo s451* be received to the f of
the City Croeptreller it the Court N*Ugt -n nntl Citr nsil 0011Siti, it kh4 Oi *f
oio 'soli : oot up . o'clock m 1* i 1 �, 1 W7, f r
* 4410 of 411 or nortg. of fluff istue, Ling to the pose of rush
' od} e
hi
tip or *A eel* tie. mentor b �I i 1110 *t Foul
rol dg , �*t ' 1 of e fi i x sod i..�the r . Vests * fi
(4441 periodt 1. ed is thr rte tteti of YEitmeitoto; lk 440N Ulte7or oh411
Tet rod to ofteoopogy hie hie br PA tertified O sehierts cheek for two ( ) D o
t off` s *w f 1 �, «� gb if be torfi t 4 o ° i 1 " f»
dated demise's i the ere - . for r0 del ''
thei Vhe Clty Comptroller troller * €.t thm m0%0 144,0tim c tor T*evaiwing sole b ¢s,.
or*oent the same to the *t oictiu- rooe 0seittes sod tho Council or their otion
thereon; 44ed th,-,t i d offere4 to t :. , P vi 1. or
)ooti or therofor# Ott tb* lovest rete or inter ~w, not e/eseding ti
APR 3 1957
___6 :7"- 0 APR 3 197