180062 Original to City Clerk
. . &1062
CITY OF ST. PAUL F cIL NO.
OFFICE OF THE CITY CLERK 4t.
/% CIL RES•) UT • GENERAL)FORM .�
PRESENTED BY ,� � //
COMMISSIONS /= -al./All , �j/L _ L DATF
WHEREAS, by C+ ii File No. 179636, being Ordinance No.
10832, approved Oc • •er 3, 1956, the City Council authorized
the sale of $500,000.00 par value of the bonds of the City of
Saint Paul for the purpose of paying the cost of thetshare'
of the Cagy ::of Saint Paul relative to the completion of the
State Capitol Approach, the buildings and the grounds thereto;
not, therefore, be it
RESOLVED, that the bonds authorized to be sold by Ordinance
No. 10832 be sold in the manner provided by law, in the amount
of $500,000.00, said bonds to be in denomination of $1,000.00
each, to be dated November 1, 1956, bear interest at a rate not
exceeding 6% per annum, payable semi-annually on May 1st and
November 1st, according to the coupons to be attached to said
bonds. Said bonds shall be serial in form and a portion thereof
shall be payable each year, commencing on November 1, 1959, but
none of said bonds shall run for a longer term than thirty years.
Said bonds shall be designated as "Capitol Approach Improvement
Bonds - Series No. 4" and the numbers of said bonds and the
dates on which said bonds shall mature and the amounts which
shall mature annually over said period shall be as follows:
Date of Maturity Bond Numbers Amount
November 1, 1959 9651 - 9655 $ 5,000.00
November 1, 1960 9656 - 9660 5,000.00
November 1, 1961 9661 - 9665 5,000.00
November 1, 1962 9666 - 9675 10,000.00
November 1, 1963 9676 —9685 10,000.00
November 1, 1964 9686 - 9700 15,000.00
November 1, 1965 9741 - 9715 15,000.00
November 1, 1966 9716 - 9730 15,000.00
November 1, 1967 9731 - 9745 15,000.00
November 1, 1968 9746 - 9760 15,000.00
November 1, 1969 9761 - 9775 15,000.00
November 1, 1970 9776 - 9790 15,000.00
November 1, 1971 9791 - 9810 20,000.00
November 1, 1972 9811 - 9830 20,000.00
. 1.K 362
November 1, 1973 9831 - 9850 $ 20,000.00
November 1, 1974 9851 - 9870 20,000.00
November 1, 1975 9871 - 9890 20,000.00
November 1, 1976 9891 9910 20,000.00
November 1, 1977 9911 - 9930 20,000.00
November 1, 1978 9931 - 9950 20,000.00
November 1, 1979 9951 - 9975 25,000.00
November 1, 1980 9976 - 10000 25,000.00
November 1, 1981 10001 - 10025 25,000.00
November 1, 1982 10026 10050 25,000.00
November 1, 1983 10051 - 10075 25,000.00
November 1, 1984 10076 - 10100 25,000.00
November 1, 1985 10101 - 10125 25,000.00
November 1, 1986 10126 - 10150 25,000.00
$500,000.00
The said bonds shall be in a form later to be determined,
which form shall be approved by Chapman & Cutler, bond counsel,
and which bond form shall be approved also by the Corporation
Counsel of the City of Saint Paul; all proceedings herein to
be in compliance with Chapter 475, Minnesota Statutes 1953,
as amended, and be it
RESOLVED FURTHER, that sealed proposals be received at
the office of the City Comptroller in the Court House and
/i Cit Hall uilding in said City of Saint Paul, up to 10:00
clod A. , November 14, 1956, for the sale of all or none
` r,- of said bonds, after giving due notice of such sale in the
manner prescribed by law, in the Saint Paul Legal Ledger, the
official paper of said City, and the Commercial West, a
financial periodical published in the State of Minnesota.
Each bidder shall be required to accompany his bid by a certi-
fied or cashier's check equal to two per cent (2%) of the
amount of bonds bid for, which shall be forfeited to the City
as liquidated damages if the bonds are not taken and paid for
when ready for delivery.
-2-
Original to City Clerk )0 62
CITY OF ST. PAUL COUNCIL NO.
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION-GENERAL FORM
PRESENTED BY
COMMISSIONER DATF
The City Comptroller shall, at the next meeting after
receiving said bids, present the same to the Council for its
action thereon. The said bonds shall be offered to the person
who will pay par or better therefor, at the 1west rate of
interest, not exceeding six per cent (6%) . rer
COUNCILMEN Adopted by the CounACT 1 8 1956 195_
Yeas Nays
NpeCourcy CPT '�` ''�`_i hl
Holland Approved 195_
Marzitelli r f t
MortinsonIn Favor �-
I 'eterson Mayor
�' °Rosen -Against
Mr. President, Dillon.�}�eyj. PUBLISHED/o ,s-6 5M 8.88 2 •�_ v �� �'V •
/ ' ate/
ev-.07 44
33 11.3 0
62 to Printer i �
CITY OF ST. PAUL COUNCIL L Na
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DATF
WBEEEAS, by Council File No. 179636, being Ordinance No.
10832, approved October 3, 1956, the City Council authorized
the sale of $500,000.00 par value of the bonds of the City of
Saint Paul for the purpose of paying the cost of thetssiare.:i.cn.
of the City oT Saint Paul relative to the completion of the
State Capitol Approach, the buildings and the grounds thereto;
not , therefore, be it
RESOLVED, that the bonds authorized to be sold by Ordinance
No. 10832 be sold in the manner provided by law, in the amount
of $500,000.00, said bonds to be in denomination of $1,000.00
each, to be dated November 1, 1956, bear interest at a rate not
exceeding 6% per annum, payable semi-annually on May 1st and
November 1st, according to the coupons to be attached to said
bonds. Said bonds shall be serial in form and a portion thereof
shall be payable each year, commencing on November 1, 1959, but
none of said bonds shall run for a longer term than thirty years.
Said bonds shall be designated as "Capitol Approach Improvement
Bonds - Series No. 4'* and the numbers of said bonds and the
dates on which said bonds shall mature and the amounts which
shall mature annually over said period shall be as follows:
Date of Maturity Bond Numbers Amount
November 1, 1959 9651 - 9655 $ 5,000.00
November 1, 1960 9656 - 9660 5,000,00
November 1, 1961 9661 - 9665 5,000.00
November 1, 1962 9666 - 9675 10,0047.00
November 1, 1963 9676 - 9685 10,000.000
November 1, 1964 9686 - 9700 15,000.00
November 1, 1965 9701 - 9715 15,000.00
November 1, 1966 9716 - 9730 15,000.00
November 1, 1967 9731 - 9745 15,000.00
November 1, 1968 9746 - 9760 15,000.00
November 1, 1969 9761. - 9775 15,000.00
November 1, 1970 9776 - 9790 15,004.00
November 1, 1971 9793 - 9810 20,000.00
November 1, 1972 9811 9830 20,000.00
COUNCILMEN Adopted by the Council 195
Yeas Nays
DeCourcy
Holland Approved 195_
Marzitelli
Mortinson _In Favor
Peterson Mayor
Rosen Against
Mr. President, Dillon
5M 6-56 2
H62.
\7 .„.0
November 1, 1973 9831 - 9850 $ 20,000.00
November 1, 1974 9851 - 9870 20,000.00
November 1, 1975 9871 - 9890 20,000.00
November 1, 1976 9691 - 9910 20,000.00
November 1, 1977 9911 - 9930 20,000.00
November 1, 1978 9931 - 9950 200000.00
November 1, 1979 9951 - 9975 25,000.00
November 1, 1980 9976 10000 25,000.00
November 1, 1981 10001 - 10025 25,000.00
November 1, 1982 10026 - 10050 250000.00
November 1, 1983 10051 - 10075 25,000.00
November 1, 1984 10076 . 10100 25,000.00
November 10 1985 10101 - 10125 25,000.00
November 1, 1986 10126 - 10150 25,000.00
4500,000.06
The said bodds shall be in a form later to be determined,
which form shall be approved by Chapman & Cutler, bond counsel,
and which bond form shall be approved also by the Corporation
Counsel of the City of Saint Paul; all proceedings herein to
be in compliance with Chapter 475, Minnesota Statutes 1953,
as amended, and be it
RESOLVED FURTHER, that sealed proposals be received at
the office of the City Comptroller in the Court House and
City Hall Building in said City of Saint Paul, up to 1000
o 'clock A.M. , November 14, 1956, for the sale of all or none
of said bonds, after giving due notice of such sale in the
manner prescribed by law, in the Saint Paul Legal Ledger, the
official paper of said City, and the Commercial West, a
financial periodical published in the State of Minnesota.
Each bidder shall be required to accompany his bid by a certi-
fied or cashier's cheek equal to two per cent (2 ) of the
amount of bonds bid for, which shall be forfeited to the City
as liquidated damages if the bonds are not taken and paid for
when ready for delivery.
-2-
Duplicate to Printer '! fi,
CITY OF ST. PAUL COUNCIL NO.
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DATF
The City Comptroller shall, at the next meeting after
receiving said bids, present the same to the Council for its
action thereon. The said bonds shall be offered to the person
who will pay par or better therefor, at thet rate of
interest, not exceeding six per cent (6%).
•
1 9 1956
COUNCILMEN Adopted by the Council 195_
Yeas Nays
DeCourcy 1-71
Holland Approved 195_
Marzitelli
Mortinson in Favor _
Peterson Mayor
Rosen Against
Mr. President, Dillon
5M 6-56 2
-3...