179915 Orion"aI to City Clerk
• ORD NAi � 179915
k' t
PRESENTED BY *1- w. y r F'w NO. gaq
/ / , iirj/ /
AN ORD ' N .Y.. .A l( ; ' 01111%0490[�,, I OI NG FOR THE ISSUANCE OF
SIX MILLION LOLLARS $6, 1W1 , 0, PAR VALUE OF THE BONDS
OF THE CITY 0 SAINT PAU MIUE§OLA -- POII--`T` • ' - - • ' • THEREOF BY THE
ELECTORS OF THE CITY OF SAINT PAUL, FOR THE PURPOSES OF EXTENDING,
ENLARGING, IMPROVING AND BETTERING THE WATERWORKS SYSTEM OWNED AND
OPERATED BY THE CITY OF SAINT PAUL, MINNESOTA. THIS IS AN EMERGENCY
ORDINANCE RENDERED NECESSARY FOR THE PRESERVATION OF THE PUBLIC PEACE,
HEALTH, AND SAFETY.
WHEREAS, THE BOARD OF WATER COMMISSIONERS OF THE CITY OF SAINT PAUL,
MINNESOTA, DID, ON THE 3RD DAY OF OCTOBER, 1956, PASS A RESOLUTION
RECITING THE NECESSITY FOR RAISING ADDITIONAL FUNDS FOR THE PURPOSES OF
EXTENDING, ENLARGING, IMPROVING AND BETTERING THE WATERWORKS SYSTEM OWNED
AND OPERATED BY THE CITY OF SAINT PAUL, AND ESTIMATING THE PROBABLE COST
OF SUCH IMPROVEMENTS AND ENLARGEMENTS AT THE SUM OF
SIX MILLION DOLLARS ( $6, 000, 000. 00) AND REQUESTING IN SAID RESOLUTION
THAT THE COUNCIL OF THE CITY OF SAINT PAUL AUTHORIZE THE ISSUANCE AND SALE
OF SIX MILLION DOLLARS ( $6, 000, 000. 00) PAR VALUE
OF WATERWORKS BONDS OF SAID CITY FOR THE PURPOSE OF EXTENDING, ENLARGING,
IMPROVING AND BETTERING THE WATERWORKS SYSTEM OWNED AND OPERATED BY THE
CITY OF SAINT PAUL, MINNESOTA, AND REQUESTING THAT THE SAID CITY COUNCIL
SUBMIT THE QUESTION WHETHER SUCH BONDS SHOULD BE ISSUED IN SUCH AMOUNT TO
THE ELECTORS OF SAID CITY OF SAINT PAUL, MINNESOTA ; AND i
WHEREAS, SUCH RESOLUTION OF THE BOARD OF WATER COMMISSIONERS OF THE
CITY OF SAINT PAUL, MINNESOTA, HAS BEEN DULY PRESENTED TO THE CITY COUNCIL
OF THE CITY OF SAINT PAUL, MINNESOTA ; NOW, THEREFORE
THE COUNCIL OF THE CITY OF SAINT PAUL, MINNESOTA, DOES ORDAIN :
SECTION
THAT IT IS EXPEDIENT THAT THE CITY OF SAINT PAUL, MINNESOTA, ISSUE AND
SELL THE NEGOTIABLE BONDS OF SAID CITY IN THE SUM OF
SIX MILLION DOLLARS ( $6, 000, 000.00 ) PAR VALUE, FOR THE PURPOSES OF
EXTENDING, ENLARGING, IMPROVING AND BETTERING THE WATERWORKS SYSTEM OWNED
AND OPERATED BY THE CITY OF SAINT PAUL, MINNESOTA .
BEFORE ANY BONDS SHALL BE ISSUED, THE ISSUANCE THEREOF, SHALL BE
APPROVED BY A MAJORITY OF THE ELECTORS OF THE CITY OF SAINT PAUL, MINNESOTA,
AT AN ELECTION IN SAID CITY ON THE 6TH DAY OF NOVEMBER, 1956, THE BALLOT
FOR SAID ELECTION SHALL BE IN SUBSTANTIALLY THE FOLLOWING FORM :
I u,
1r ?= OFFICIAL BALLOT
fo BOND ELECTION
a\ Z CITY OF SAINT PAUL, MINNESOTA
1 �
1 NOVEMBER 6, 1956
� ty
�y SHALL THE CITY OF SAINT PAUL, MINNESOTA, ISSUE BONDS IN THE AMOUNT
LL• v OF SIX MILLION DOLLARS ( $6, 000, 000.00 ) FOR
I =r THE PURPOSES OF EXTENDING, ENLARGING, IMPROVING AND BETTERING THE
`� WATERWORKS SYSTEM OWNED AND OPERATED BY THE CITY OF SAINT PAUL,
liMINNESOTA, THE PROCEEDS OF WHICH BONDS SHALL BE EXPENDED FOR THOSE
PURPOSES AND NO OTHER .
Yeas Councilmen Nays Passed by the Council
DeCourcy
Holland
Marzitelli In Favor
Mortinson
Peterson Against
Rosen
Mr.President (Dillon)
Approved:
Attest:
City Clerk I Mayor
IM 6-56 Apo 8
, original' City Clerk
179915
.
ORDINANCE
COUNCIL FILE NO.
PRESENTED BY ORDINANCE NO. /o 8'419
YES
No
SECTION 2
SAID BONDS SHALL BEAR DATE THE FIRST DAY OF THE MONTH IN WHICH THEY
ARE SOLD. SUCH BONDS SHALL BE IN THE FORM OF SERIAL BONDS, A PORTION OF
WHICH SHALL BE PAYABLE EACH YEAR AFTER ISSUE. THE FIRST INSTALLMENT SHALL
COME DUE IN NOT MORE THAN THREE (3) YEARS FROM THE DATE OF THE BONDS AND
THE LAST INSTALLMENT SHALL COME DUE IN NOT MORE THAN THIRTY (30 ) YEARS
FROM SUCH DATE. No ANNUAL INSTALLMENT OF PRINCIPAL OF ANY BONDS PAYABLE
IN THE THIRD OR ANY SUBSEQUENT YEAR AFTER THE DATE OF SUCH BONDS SHAL4
EXCEED FIVE TIMES THE AMOUNT OF THE SMALLEST PRIOR INSTALLMENT THEREOF
PAYABLE IN ANY YEAR AFTER THE SECOND YEAR .
THE COUNCIL SHALL FIX, BY SUBSEQUENT RESOLUTION, THE DENOMINATION OF
SUCH BONDS AND THE DATES OF MATURITY THEREOF, AND MAY IN SUCH RESOLUTION
PROVIDE THAT SUCH BONDS SHALL BE REDEEMABLE AT PAR AND ACCRUED INTEREST
AT SUCH TIMES AND UPON SUCH PUBLISHED NOTICE AS MAY BE DETERMINED. SUCH
BONDS SHALL BEAR INTEREST AT A RATE NOT IN EXCESS OF SIX PER CENT (6%)
PER ANNUM, PAYABLE SEMI —ANNUALLY, AND BOTH PRINCIPAL AND INTEREST SHALL
BE PAYABLE AT THE OFFICE OF THE COMMISSIONER OF FINANCE IN THE CITY OF
SAINT PAUL, MINNESOTA, OR AT THE FISCAL AGENCY OF THE CITY OF SAINT PAUL,
MINNESOTA, IN THE CITY OF NEW YORK, STATE OF NEW YORK . THE FAITH AND
CREDIT OF THE CITY OF SAINT PAUL, MINNESOTA, ARE HEREBY IRREVOCABLY
PLEDGED FOR THE PROMPT AND FAITHFUL PAYMENT OF BOTH PRINCIPAL AND INTEREST
OF SAID BONDS. THE PROCEEDS OF SAID BONDS ARE HEREBY APPROPRIATED AND
SHALL BE USED SOLELY FOR THE PURPOSES OF EXTENDING, ENLARGING, IMPROVING AND
BETTERING THE WATERWORKS . SYSTEM OWNED AND OPERATED BY THE CITY OF SAINT
PAUL, MINNESOTA.
SECTION 3
THE COUNCIL SHALL NEGOTIATE AND SELL SAID BONDS FROM TIME TO TIME,
IN SUCH AMOUNTS AS IT MAY SEE FIT, UPON SUCH NOTICE AND IN SUCH MANNER
AS MAY BE PRESCRIBED BY LAW, AT NOT LESS THAN PAR AND ACCRUED INTEREST,
TO THE HIGHEST RESPONSIBLE BIDDER OR BIDDERS, AND THE PROCEEDS THEREOF,
INCLUDING ANY PREMIUMS REALIZED THEREON, SHALL BE CREDITED TO AND PLACED
IN THE FUND OF THE BOARD OF WATER COMMISSIONERS OF SAID CITY.
SECTION 4
THE BOARD OF WATER COMMISSIONERS OF THE CITY OF SAINT PAUL, MINNESOTA,
IS HEREBY DIRECTED, ORDERED AND REQUIRED TO SET ASIDE ANNUALLY FROM THE
REVENUE OF THE WATER DEPARTMENT OF THE CITY, A SUFFICIENT AMOUNT TO PAY
THE INTEREST ON SAID BONDS AND THE PRINCIPAL OF ALL BONDS MATURING DURING
SUCH YEAR . THIS PROVISION IS IN ADDITION TO THE PLEDGE OF THE GENERAL
FAITH AND CREDIT OF THE CITY OF SAINT PAUL, MINNESOTA, FOR THE PAYMENT
OF SAID BONDS AND IS NOT IN LIEU THEREOF,
Yeas Councilmen Nays Passed by the Council
DeCourcy
Holland
Marzitelli _._ In Favor
Mortinson
Peterson Against
Rosen
Mr.President (Dillon)
Approved:
Attest:
City Clerk Mayor
11.1 6-56 0050 8
&iguiai to City Clerk
ORDINANCE 179915
COUNCIL FILE NO.
ffr
PRESENTED BY ORDINANCE NO.
06
SECTION 5
THIS ORDINANCE IS HEREBY DECLARED TO BE AN EMERGENCY ORDINANCE
RENDERED NECESSARY FOR THE PRESERVATION OF THE PUBLIC PEACE, HEALTH,
AND SAFETY.
SECTION 6
THIS ORDINANCE SHALL TAKE EFFECT AND BE IN FORCE FROM AND AFTER
ITS PASSAGE, APPROVAL, AND PUBLICATION, AND UPON APPROVAL BY THE VOTE
OF THE ELECTORS AS PROVIDED BY LAW.
SECTION 7
THIS ORDINANCE SHALL BE PUBLISHED BY THE CITY CLERK AT LEAST ONCE
IN THE FOLLOWING NEWSPAPERS PUBLISHED WITHIN THE CITY OF SAINT PAWL,
7.• MINNESOTA ; ST. PAUL PIONEER PRESS, ST. PAUL DISPATCH, AND THE SAINT
PAUL LEGAL LEDGER . SUCH PUBLICATION SHALL TAKE PLACE NOT LESS THAN
TEN ( 10) DAYS NOR MORE THAN FIFTEEN ( 15 ) DAYS BEFORE SAID ELECTION .
IT SHALL ALSO BE POSTED BY THE CITY CLERK AT LEAST FIFTEEN ( 15 ) DAYS
BEFORE SAID ELECTION IN THREE (3 ) PUBLIC PLACES IN EVERY ELECTION
DISTRICT, ONE OF SUCH PLACES IN EACH OF SUCH ELECTION DISTRICTS TO BE
THE PLACE OF HOLDING THE ELECTION THEREIN . SUCH ORDINANCE AS SO POSTED
AND PUBLISHED SHALL BE PRECEDED BY A NOTICE IN SUBSTANTIALLY THE FOLLOW-
ING FORM :
NOTICE OF BOND ELECTION
CITY OF SAINT PAUL, MINNESOTA
NOVEMBER 6, 1956
NOTICE IS HEREBY GIVEN THAT AT THE ELECTION TO BE HELD IN THE CITY
OF SAINT PAUL, MINNESOTA, ON NOVEMBER 6, 1956, THERE WILL BE SUBMITTED
TO THE ELECTORS OF SAID CITY FOR APPROVAL, THE ISSUANCE OF BONDS OF
SAID CITY FOR THE PURPOSES AND IN THE AMOUNT SE FORTH IN THE FOLLOWING
ORDINANCE. THE POLLS FOR SAID ELECTION SHALL OPEN AT 7:00 A.M. , AND
BE KEPT OPEN CONTINUOUSLY UNTIL 8 : 00 P.M. , AT WHICH TIME THEY SHALL
CLOSE.
OCT 2 0 '
Yeas Councilmen Nays Passed by the Council
DeCourcy
Holland SO
Peterson Tn Favor
eters san
P Against
Rosen
Mr.President (Dillon) App . OCT 9 0 i9„
Attest: ,
Vt. soi\9.,.
�j� City lerk Mayor
1M ems 8
PUPLISIJEED O o
CITY OF ST. PAUL NO. 4P99 OFFICE OF THE BOARD OF WATER COMMISSIONERS
•
RESOLUTION—GENERAL FORM
PRESENTED BY COMMISSIONER MAR R Z I TELL I DATE SOT• S,, 1956
_
WHEREAS* TOE SONONLTSNO ENOiUEEIIR• FERN OF BLACK & TUTOR WWI
RESERTLY EMPLOYED OY TOE BOAR, TO MAKE A SOMPREHENSITE *TOOT OF TOE
SUPPLY* PYR$FiSATION* POMPON* ANOIIIOTRIOUT$01 SYSTEM OF TOE WATER
DEPARTMENT* AND
WREREAS* SOON DTOOT AND REPORT MARE RE;•MitEIRATIONO FOR CERTAIN
BETTERMENTS OROENTLY NEEIEO AT TEAT TIME* MOOT OF WNt5N OETTERMENT$ HAVE
NOW SEEN COMPLETED AIR TOE *ALANU OF MIIMI* WILL OE COMPLETED IN 1957,
ANI
WOEREAB, SWSN STEADY AM# REPORT SASE RECOMMENDATIONS FOR CERTAIN
OTHER OETTERMENTS ifILOR IT WAS TIER ESTIMATED WOOLS ME IEUIRt, 'MOOT 1965
IN ORDER TEAT TOE S*PPLY AND SYSTEM MAY BE CONTINUER ADE*VATE FOR THE
ANTICIPATED ORSITO OF TIE CITY UNTIL ADIWT 1975, Al.
WOEREAO, RINSE TIE REOEIPT Of SWOW REPORT SO 1954, tT NOW APPEARS
TWAT TIE OONTT#WED SNOW?* OF TOE CITY AND TOE BE$ANDO FOR WATER FOR SOTO
INDUOTR1AL AND SDMESTIO USE MAKES . IT APPARENT TWAT SEVERAL OP TOE REOOII
SERIES IMPROVEMENTS SNOWI.1 OE STAITER AO OM AS POSOIILE ANi TEAT OTNER,
OF TOE RECOMMENDED IMPROVEMENTS WILL RE RmU1REO EARLIER THAN 190S* IN
•ROER TO MORE A RAFE ARO ADER*ATE WATER BUPPLYN AND
•
WHEREAS* TOE ESTIMATED COST POR TIE SAID ASDIIT$ONAL BETTERMENTS
RE*U$REI TO ASSIRE SIRS ADEl*ATE WATER RIPPLY FOR ISSESTlO* $ND*OTRIAt.
AND FIRE PROTECTION P*RP•SEO Si ESTIMATES TO SE APPROxtMATELY SIX
MILLION DOLLARS ($8*000 000.)0) a NOW TOEREFORE RE IT
RESOLVED, THAT TOE BOARD REQUEST TIE CITY BO!#SOi,. Of TOE CITY OF
SAINT PAUL. TO A*TNORIIEE TOE ISOUADSE OF AND SALE OP silt s#444010
DOLLARS ($6,000,000.00) PAR VALUE OF NESOT$AIL.E IONOS Of TIE CITY
OF SAINT PAWL FOR TOE PIRPOSE OF E*TENDI'I* AND AODINO TO ITO SUPPLY WORK**
STATE OF MINNESOTA
COUNTY OF RAMSEY ) SS
CITY OF ST. PAUL
I , C. A . FLACK , ASSISTANT SECRETARY OF THE BOARD OF WATER
COMMISSIONERS OF THE CITY OF ST. PAUL, DO HEREBY CERTIFY THAT I
HAVE COMPARED THE ABOVE TYPED COPY OF A RESOLUTION OF THE SAID BOARD
AS ADOPTED BY THE BOARD ON OCTOBER 3, 1956, WITH THE ORIGINAL THEREOF
ON FILE IN MY OFFICE AND THAT SAID COPY IS A TRUE AND CORRECT COPY
OF SAID ORIGINAL AND THE WHOLE THEREOF .
WITNESS THE SEAL OF THE BOARD OF WATER COMMISSIONERS OF THE CITY
OF ST . PAUL THIS 3RD DAY OF OCTOBER, A .D. 1956.
ASSISTANT SECRETARY
•
1st v 4 1 2n b
•
Laid over to
3rd and app Adopt 0 y0
YeasNays Yeas Nays
DeCayFe� DeC cy
Holland Holland
Maryiteoi a '/� .
- bI ortinson �orti
Peters / / eters V
osen osen i/
Mr. President Dillon r. President Dillon
17;)9j.