207626f 1
_ original to City Clark
ORD
PRESENTED BY
1
').until File No. 207026— Ordinancd y.
x2?24 —By Robert F. Peterson— !•
Iqn ordinance authorizing and l;
�ng for the issuance and sale by.
of Saint Paul of Sewage Dis'.E
2
in Bonds, 1962, Series A, of,
P Saint, Paul, in the aggi-61L FILE NO.
ue amount of X3,315,000 <' .
I—; - Chapter 347' 'Ti
''N,,M',._, :.-,.-ORDINANCE NO.
207626
AN ORDINANCE AUTHORIZING AND PROVIDING FOR THE
ISSUANCE AND SALE BY THE CITY OF SAINT PAUL OF
SEWAGE DISPOSAL SYSTEM BONDS, 19629 SERIES (A,
OF SAID CITY OF SAINT PAUL, IN THE AGGREGATE
PAR VALUE AMOUNT OF $3,315,000.00, AUTHORIZED
BY CHAPTER 341, MINNESOTA SESSION LAWS FOR 19339
AS AMENDED; CHAPTER 4459 MINNESOTA STATUTES
ANNOTATED, AS AMENDED, FOR THE PURPOSE OF THE
PROCUREMENT OF FUNDS IN SAID AMOUNT FOR APPLI-
CATION IN PAYMENT OF THE DULY APPORTIONED OBLI-
GATION OF SAID CITY OF SAINT PAUL FOR THE PAY-
MENT OF THE COST OF THAT PORTION OF THE EX-
PANSION OF THE SEWAGE SYSTEM AND TREATMENT
PLANT OF MINNEAPOLIS -SAINT PAUL SANITARY DIS-
TRICT PROPOSED TO BE CONSTRUCTED IN THE YEAR
1963, AND TO CONSTITUTE PART OF THE EXPANSION
THEREOF PROPOSED TO BE CONSTRUCTED IN ITS EN-
TIRETY DURING THE YEARS 1963, 1964 AND 19659
SUCH SEWAGE SYSTEM AND TREATMENT PLANT HAVING
BEEN AND TO CONTINUE TO BE ESTABLISHED AND MAIN-
- TAINED FOR THE COLLECTION, TREATMENT AND DIS-
POSAL OF SEWAGE AND WASTE MATERIALS, USED BY SAID
CITY OF SAINT PAUL JOINTLY WITH THE CITY OF
MINNEAPODIS, AND COMPRISING AND TO CONTINUE TO
COMPRISE A PART OF THE COMPLETE PLAN OF SEWAGE
AND WASTE MATERIAL COLLECTIOIT,TREATMENT AND DIS-
POSAL SYSTEM OF SAID MINNEAPOLIS -SAINT PAUL SANI_
TARY DISTRICT AND FOR APPLICATION OF THE REMAINDER
OF THE PROCEEDS OF THE ISSUANCE._AND SALE OF SUCH
BONDS, IF ANY, IN PAYMENT OF ANY OTHER DULY AP-
PORTIONED OBLIGATION OF, SAID CITY OF SAINT PAUL,
' 'UNDER ANY BUDGET OF SAID SANITARY DISTRICT, FOR OR
ON ACCOUNT OF THE CONSTRUCTION, MAINTENANCE AND
OPERATION OF SAID SEWAGE SYSTEM AND DISPOSAL PLANT,
AS AUTHORIZED BY SAID CHAPTER 341, MINNESOTA SESSION
LAWS 1933, AS AMENDED ( CHAPTER 445 MINNESOTA STATUTES
ANNOTATED, AS AMENDED). THIS IS AN EMERGENCY ORDI-
NANCE RENDERED NECESSARY FOR THE PRESERVATION OF THE
PUBLIC PEACE, HEALTH,.AND SAFETY.
WHEREAS, under and by authority of Chapter 341,
Minnesota Session Laws for 1933, Minneapolis -Saint Paul
Sanitary District was established and thereafterth.e Board
of Trustees of said Sanitary District prior to the con-
struction or operation of the Sewage Disposal System of
said Sanitary District, under and by authority of said f
Yeas Councilmen Nays
DeCourcy
Holland
Loss
Mortinson
Peterson
Rosen
Mr. President (Vavoulis)
Attest:
City Clerk
1M 11-61 22
Passed by the Council
Approved:
Mayor
Tn Favor
Against
207626
- 2 - /�7 � -,? ��
Act, did adopt the Comprehensive Plan and Program of
Procedure and Work, of sd.d Sanitary District, for the
collection, treatment and disposal of sewage and waste
materials of said Sanitary District, and thereunder and,
in accordance therewith, as modified prior to April 9,
1962, among other things, said Sanitary District did
construct and has since maintained and operated the
Sewage System and Treatment Plant, for said purposes, and
WHEREAS, said Board of Trustees of said
Sanitary District, on April 19, 1962, under and by au-
thority of said Chapter 341 Minnesota Session Laws for
1933, as amended; Chapter 445, Minnesota Statutes Annotated,
as amended, by its Resolution No. 956, a copy whereof is
herewith filed and incorporated herein by reference, pro-
vided therefor and effected the modification of said Com-
prehensive Plan and Program of Procedure and Work, of said
Sanitary District,,designated "Project I -10 ", as adopted
November 13, 1933, and as then amended, so that thereby
provision has been made for the expansion of said Sewage
System and Treatment Plant ,of said Sanitary District,
during the years 1963, 196 and 1965 at an estimated and
probable cost of $21,710,000.00, such expansion to involve
capital additions to said Sewage System and Treatment Plant
which shall provide additional capacity of said Treatment
Plant and increased facilities therein for secondary treat-
ment of sewage and waste materials by the high -rate activated
sludge process, among other things,all.as more particularly
appears from' -said Comprehensive Plan and Program of Pro-
cedure and Work as modified by said Resolution No. 956;
and said Board of Trustees of said Sanitary District, by
said Resolution No. 956, having further provided for the
construction of a part of the aforesaid subject expansion
of said Sewage System and Treatment Plant, in the year
1963, at an estimated and probable cost of $79182,000.009
and therefor thereby having further adopted its "Capital
Additions" portion of the Budget of said Sanitary District
in the same amount and thereby and therein apportioned
the said "Capital Addition ".amount $7,182,000.00, for pay-
ment as follows: $3,283,74.7.56 for payment by said City of
Saint Paul and $3,898,552.4.4 by the City of Minneapolis,
under and by authority of said Chapter 341, Minnesota
Session Laws for 1933, as amended; Chapter 445, Minnesota
Statutes Annotated, as amended, and -
WHEREAS, the Council of said City of Saint Paul
by its Resolution, C. F. No. 207616, approved June 12, 19629
has in all things approved said Resolution No. 956, of said
Board of Trustees of said Sanitary District, and acts and
proceedings of said Board of Trustees, thereby represented,
and has determined that the most appropriate method for the
financing of said apportioned - obligation of said City of
Saint Paul on account of said "Capital Additions" Sanitary
District 1963 Budget portion, in regard to payment on account
3- 207626
of the portion of such expansion of said Sewage System and
Treatment Plant to be constructed during the year 1963, is
the issuance and sale of Sewage Disposal System Bonds of
said City authorized by Chapter 341, Minnesota Session Laws
for 1933, as amended; Chapter 445, Minnesota Statutes An-
notated, as amended, and accordingly determined to - employ
such method of financing therefor, and directed the Cor-
poration Counsel of said City to prepare a proper form of
Ordinance for the issuance and sale of such Sewage Disposal
System Bonds, in the par value amount of $30159000.009
authorized to be issued and sold by said City, for said
purpose and similar purposes,.!-bq, said State Statutes, as
amended, and provided;., among other things, that the pro-
ceeds of the issuance and sale of such bonds thereunder
shall be,applied to the full payment of said City's obli-
gation on account of said apportionment to said City under
said "Capital Additions" portion of said Sanitary District
1963 Budget, for and on account of the part of the subject
expansion of such Sewage System and Treatment Plant provided,
as aforesaid, to be constructed in the year 1963, and for
the application of the remainder thereof, if any, to said
City's obligations otherwise under any Budget of said
San2ary District, for the construction, maintenance and
operation of said Sewage System and Treatment Plant as the
same shall be apportioned to said City, according to said
State Statutes, as amended; and
J WHEREAS, the,bonstruction, maintenance and opera-
tion, by said Minneapolis - Saint Paul Sanitary District, of
J said Sewage System and Treatment Plant; ' of said Sanitary '-
District, for the collection, treatment and disposal of
sewage and waste materials, of said Sanitary District,
which embraces both said City of Saint Paul and said City
of Minneapolis, for the joint use of said Cities, and the
aforesaid expansion of said Sewage System and Treatment
Plant and apportionment of the estimated and probable
cost of such expansion, are authorized under and by said
Chapter 341, Minnesota Session Laws for 1933, as amended;
Chapter 445, Minnesota Statutes Annotated, as amended, it is
now the intention of said Council of said City of Saint
Paul, and it is now found necessary and determined by said
Council that it is urgent and necessary to issue and sell
.at this time Three Million Three Hundred Fifteen Thousand
Dollars ($3,315,000.00), par value,of such Sewage Disposal
System Bonds of said City of Saint Paul, for the purposes
heretuAbove set forth, and to provide for the fixing of
the details and description of the same and to provide for
the levy of taxes therefor and the pledge of the full faith
and credit of said City of Saint Paul for the payment of
the same;
NOW, THEREFORE, THE COUNCIL OF THE CITY OF
SAINT PAUL DOES ORDAIN:
I
20,762,6
SECTION 1
That the City of Saint Paul shall issue and sell
the Sewage Disposal System Bonds of the City of Saint Paul
in the par value amount of Three Million, Three Hundred
Fifteen Thousand Dollars ($3,315,000.00), authorized by
Chapter 341, Minnesota Session Laws for 1933, a-s amended;
Chapter 445, Minnesota Statutes Annotated, as amended, for
the purpose of the procurement of the necessary funds for
the payment of the proportion of the cost of the construction
during 1963 of a part of the proposed expansion of the Sewage
Disposal System of Minneapolis -Saint Paul Sanitary District,
due from said City of Saint Paul, and apportioned to said
City for payment, on such account, under and by the "Capital
Additions" portion of the 1963 Budget of said Sanitary Dis-
trict, under and by the pertinent Resolution of the Board
of Trustees of said Sanitary'District No. 956, adopted
April 9, 1962, as certified by said Board of Trustees of
said Sanitary District to the Council of said City of
Saint Paul; such expansion of such Sewage Disposal System
of said Sanitary District having been the subject of the
modification by virtue of said Resolution of said Board
of Trustees No. 956, adopted April 9, 1962, of the Com-
prehensive Plan and Program of Procedure and Work for the
collection, treatment and disposal of sewage and waste
materials of such Sanitary District, duly adopted by said
Board of Trustees of said Sanitary District, by its Resolu-
tion on November 13, 1933, as the same had been theretofore
_modified,__and. .said gesolution_No. .956 having made provision
for the construction of such expansion of such Sewage Dis-
posal System at an estimated and probable total cost of
Twenty -one Million, Seven Hundred Ten Thousand Dollars
($21,710,000.00) and for the construction of the aforesaid
part of such proposed expansion of such Sewage Disposal
System during the year 1963, at an estimated and probable
cost of $7 182,300.00 thereby apportioned for payment as
follows: 63,283,747.56 by said City of Saint Paul and
$3,898,552.44 of the City of Minneapolis, under and by
authority of said Chapter 341, Minnesota Session Laws for
1933, as amended; 'Chapter 4.4.5, Minnesota Statutes Annotated,
as amended. That said Sewage Disposal System Bonds of the
City of Saint Paul hereby authorized to be issued and sold
shall be designated "Sewage Disposal System Bonds, 1962,
Series A. "; and that the proceeds of the issuance and sale
shall be applied first to the full payment of said,appor-
tioned obligation of said City of Saint Paul under said
"Capital Additions" portion of said 1963 Budget of said
Sanitary District and in respect of the payment of the cost
of the construction of the part of such proposed expansion
of such Sewage Disposal Plant provided as aforesaid to be
done in the year 1963; provided that the remainder thereof,
if any, may be applied in payment of any other duly ap-
portioned obligation of said City of Saint Paul, under any
Budget of said Sanitary District, in respect of the cost
X0
4'U
- 5 - /-2 W �
of the construction, maintenance and operation of said
Sewage Disposal System of said Sanitary District under
and by authority of said State Statutes, as amended.
SECTION 2
That said bonds shall be authorized by resolu-
tion of the Council of said City of Saint Paul, and shall
be in the form of serial bonds and the same shall bear
such date and mature at such times as such resolution shall
prescribe, provided that the first installment of said bonds
shall mature not later than three (3) years from and after
the date of the same and the last installment of said bonds
shall mature not later than thirty (30) years from and after
the date of the same; that no amount of principal of said
bonds payable in any calendar year shall exceed five (5)
times the amount of the smallest amount of principal ma-
turing in any calendar year ending three (3) years or more
after the date of issue of the same; and that said bonds
shall be issued and sold by said City of Saint Paul, in
the manner provided by law. That said bonds shall be in such
denominations as the Council shall prescribe by such resolu-
tion and shall bear interest not in excess of five per cent
(5 %) per annum payable semiannually according to interest
coupons to be attached to the same; that said bonds shall
be in the form prescribed by. the Council of said City and
approved,by its Corporation Counsel; and that said bonds
shall bear such interest as said City Council shall prescribe,
and shallIbe sold by said City Council for not less than par
value plus accrued interest, to the highest bidder therefor,
after two weeks' published notice of the time and place for
receiving °bids thereon,. That the -i. proceeds from the issuance
=- -and - sale of "said bonds, as received -by_ said City, shall
deposited by it in the Sinking Fund of said City or in a
Special Fund of said City and allocated thereto and subject
to the disbursement only for the purposes aforesaid. That
the full faith and credit of said City of Saint Paul hereby
are irrevocably pledged for the prompt and faithful payment
of both principal and interest of said bonds and the proceeds
of the issuance and sale of said bonds hereby are appropriated
and shall be used solely for the purposes set forth in
Section 1. That said bonds of said City of Saint Paul
shall be payable in lawful money of the United States of
America.
SECTION 3
That each of said bonds shall be sealed by the
facsimile of the Official Seal of said City lithographed
thereon and signed by the lithographed facsimile signature
of its Mayor, attested by the lithographed facsimile sig-
natLue,,of its City Clerk, and countersigned manually by the
City Comptroller, and each interest coupon thereto attached
shall be signed by the lithographed facsimile signatures of
its said Officers.
- 6 _ 2 ; 762
SECTION 4
That said City's proper officers hereby are
authorized, directed and required to set aside annually
from the revenues of said City an amount sufficient for
the payment of the interest on said hereby authorized bonds
and the principal of any such bonds maturing in such year
and hereby are authorized, directed and required to make
a sufficient tax levy for the payment cf the same under and
pursuant to the provisions of Chapter 475, Minnesota Statutes
1957, as amended. That such tax levies for all years shall
be specified and shall be such that if collected in full
they, together with estimated collections of other revenues
pledged for the payment of said obligations, will produce
at least five per cent (5 %) in excess of the amount needed
to meet, when due, the principal and interest payments on
said bonds. That each such tax levy shall be by resolution
of the Council of said City, which shall, among other
things, irrevocably appropriate the taxes thereby levied,
for payment, when due, of the principal and interest of said
bonds. That such provisions of this Section are in addition
to the pledge of the full faith and credit of said City for
the payment of sad bonds and are not in lieu of such pledge:.`.
SECTION -5
That the principal and interest coming due prior
to the receipt of the proceeds of said taxes shall be paid
when due, out of the general fult s of said City
of Saint Paul, and reimbursement therefor shall be made
when said taxes shall have been received. And the City
Clerk of said City of Saint Paul is hereby instructed to
file in the office of the County Auditor of Ramsey County,
Minnesota, a certified copy of this ordinance, together
with full information regarding the bonds for which this
tax is levied, and the City Clerk is hereby ordered and
directed to secure from the County Auditor a certificate
that he has entered the obligations in the tax register as
required under the provisions of Chapter 4.75, Minnesota
Statutes 1957, as amended, and that the tax levy required
for the purpose has been made. Before the said bonds shall
be delivered to the purchaser, the Council of the City of
Saint Paul shall obtain from the County Auditor and deliver
to the purchaser, a certificate of the County Auditor
that the .issue has been entered on his register and that a
tax has been levied as required by law, in.accordance with
the provisions of Chapter 475, Minnesota Statutes 1957, as
amended. Such taxes shall be collected and payment thereof
enforced at the same time and with and in like manner as
other taxes of the City of Saint Paul, and when collected
shall be used solely for paying the interest and principal
of said bonds when and as the same shall mature.
Vriplhel to City Clerk
L;
ORDINANCE
207626
COUNCIL FILE NO.
PRESENTED BY ORDINANCE NO. 1'�9 2 5L
-7-
SECT ION. 6
This ordinance is hereby declared to be an
emergency ordinance rendered necessary for the preserva-
tion of the public peace, health, and safety.
SECTION 7
This ordinance shall take effect and be in force
from and after its passage, approval, and publication.
Yeas Councilmen ays
Holland
Loss
Mortinson /
,. ee�rro
Mr. Presiden , .
Attest • ,
��
V City Clerk
1M 11-81 22
Jun 27 UZ
Passed by the Zneil
-In Favor
Against
� uN 71962
Approved:
A®titif Mayor
DupNeate to Printer
i
PRESENTED BY
ORDINANCE
COUNCIL FILE NO
ORDINANCE NO.
207626
AN ORDINANCE AUTHORIZING AND PROVIDING FOR THE
ISSUANCE AND SALE BY THE CITY OF SAINT PAUL OF
SEWAGE DISPOSAL SYSTEM BONDS, 1962, SERIES A,
OF SAID CITY OF SAINT PAUL, IN THE AGGREGATE
PAR VALUE AMOUNT OF $3 315 000 00, AUTHORIZED
BY CHAPTER 341, MINNESW AESSION LAWS FOR 1933,
AS AMENDED; CHAPTER 4459 MINNESOTA STATUTES
ANNOTATED, AS AMENDED, FOR THE PURPOSE OF THE
PROCUREMENT OF FUNDS IN SAID AMOUNT FOR APPLI-
CATION IN PAYMENT OF THE DULY APPORTIONED OBLI_
GATION OF SAID CITY OF SAINT PAUL FOR THE PAY-
MENT OF THE COST OF THAT PORTION OF THE EX-
PANSION OF THE SEWAGE SYSTEM AND TREATMENT
PLANT OF MINNEAPOLIS -SAINT PAUL SANITARY DIS_
TRICT PROPOSED TO BE CONSTRUCTED IN THE YEAR
19631 AND TO CONSTITUTE PAST OF THE EXPANSION
THEREOF PROPOSED TO BE CONSTRUCTED IN ITS EN_
TIRETY DURING THE YEARS 1963, 1964 AND 19659 .
SUCH SEWAGE SYSTEM AND TREATMENT PLANT HAVING
BEEN AND TO CONTINUE TO BE ESTABLISHED AND MAIN-
TAINED FOR THE COLLECTION, TREATMENT AND DIS_
POSAL OF SEWAGE AND WASTE MATERIALS, USED BY SAID
CITY OF SAINT PAUL JOINTLY WITH THE CITY OF
MINNEAPOLIS, AND COMPRISING AND TO CONTINUE TO
COMPRISE A PART OF THE COMPLETE PLAN OF SEWAGE
AND WASTE MATERIAL COLLECTION TREATMENT AND DIS-
POSAL SYSTEM OF SAID MINNEAPOLIS -SAINT PA'GL SANI_
TARY DISTRICT AND FOR APPLICATION OF THE REMAINDER
OF THE PROCEEDS OF THE ISSUANCE AND SALE OF SUCH
BONDS, IF ANY, IN PAYMENT OF ANY OTHER DULY AP_
PORTIONED OBLIGATION OF, SAID CITY OF SAINT PAUL,
UNDER. ANY BUDGET OF SAID SANITARY DISTRICT, FOR OR
ON ACCOUNT OF THE CONSTRUCTION, MAINTENANCE AND
OPERATION OF SAID SEWAGE SYSTEM AND DISPOSAL PLANT,
AS AUTHORIZED BY SAID CHAPTER 3419 MINNESOTA SESSION
LAWS 1933, AS AMENDED (CHAPTER 445 MINNESOTA STATUTES
ANNOTATED, AS AMENDED). THIS IS AN EMERGENCY ORDI-
NANCE RENDERED NECESSARY FOR THE PRESERVATION OF THE
PUBLIC PEACE, HEALTH, AND SAFETY.
WHEREAS, under and by authority of Chapter 341,
Minnesota Session Laws for 1933, Minneapolis -Saint Paul
Sanitary District was established and thereg.fer the Board
of Trustees of said Sanitary District prior to the con-
struction or operation of the Sewage Disposal System of
said Sanitary District, under and by authority of said
Yeas Councilmen Nays
DeCourcy
Holland
Loss
Mortinson
Peterson
Rosen
Mr. President (Vavoulis)
Attest:
City Clerk
IM 11-61 zz
Passed by the Council
Approved:
Mayor
Tn Favor
Against
:.. 2 7626
Acts did adopt the.Cgmprehensive Plan and Program of
Procedure and Work, .- of- ,std Sanitary District, for the
collection, treatment And disposal of sewage aria waste
t materials of- said Sanitary District, and thereunder. and
In accordance therewith, .a$ modified' prior to April 9,,
1962., among'other things #,said Sanitary District did
construct and.has since maintained and'..operated the.
Sewage 'System. and Treatment Plant, for-aid purposes! and =
WHER9AS ,' said Board of Trustees of - said
Sanitary DistrictL fln.'.April -.-%q 19629 %Under and by au-
thority .of said pter 341 Mnnesota Session LaN:a for _-
: 1933# ae amended; Chapter 4 5, I�iRnesota StatUtei- Annotated,
as amended,, . by its_ Resolution No.. 956, • a..00py whereof Is
herewith filed and ;ineorporated'herein by reference, 'pro-
vided• "therefor "and effected the modification of said Com- - ;
prehensive, Plan -and Pr.ogra.m of -Procedure and, Work,, of said
Sanitary District, designated "Project I- YC "'�;aa edopted
November.13, 1933, -and as then amended, so that thereby
providion has been: made ;fbrsthe expansion of said Sewage. _-
;Syatem =.and Treatment Plant" 'of _said'Sanitary District,
during the years 196), -196.4 and 1965 - at an estimated and
proba le,cos,t_,of 021,.710,000.00,,such,ei ansion'ty involve
5
capital additions =to said Sewsge,System and Treatment Plant,
whi0, shall .provid :e -additional Capacity of said. Treatment
-Plant and increased•' facilities therein tor secondary treat-
ment- of d6woge 8 d= caste :`materials by "the high -rate activated
_ sludge • prbce,8s,'. 8mong % other'- things, all as more particularly
- __appears from'.said Comprehensive Plan and Program of Pro-
cedure and Work, a$ modified -by said Resolution No: 956;
and said Board of Truoteee of said Sanitary District# by
Baia- Resolution No. 9$6, , having further provided for the
construction : -'of a -Part of the aforesaid subject •expansion
of said Sewage, System and-- Treatment: Plant,- in the year
1963, at an estimated and r probable cost of - $7;182,.0fl0.00,
•and therefor thereby having-further- adopted its' "Capital
Additions" portion-of the-'Budget of said Sanitary District
It the same amount and thereby and therein apportioned '
the said "Capital Addition,"` amount -7,182 #000:00# for pay
went -as follows; ,$3i283i74'7.56;.for payment by said City-of
.Saint Paul and X3,8989552.44 by-the City .of Minneapolis,
under and by authority of said Chapter- 34'1,, Minnesota
Session'Laws for, 1933# as amended; Chapter 445, Minnesota
Statutes- Annotated, a$. amended, •and R
WHEREAS;. the Council of said City of, Saint Paul
by its Resolution, Ci F,, NO,, 207616, .approved -Nuns 12, . 1962 }
has in ell - things approved .said Resolution No., =9569 of- said
Board of Trustees of said Sanitary District,,and acts and
proceedings of said Board of Trustees, thereby represented#
and has determined that the most 'appropr,i_ate method for the • .
financing of• . said apportioned obligation of said City of
Saint Paul -on account of saidy*'Capital Additions" Sanitary
District-1963 Budget portion, in regard to_paymett on account :
_ 3 0762,
of the portion of :sucYi 'expansion of said Sewage System and
Treatment Plant to "be constructed during the year 1963, is."
" the issuance -and sale'of Sewage Disposal °System Bonds of
said City .authorized by Chapter.341°, Minnesota'Session Laws
for 1933' :, as' amended; Chapter. -4451 Minnesota Statutes An
notated, as. amended, .:and, aocordingly.. determined to emp,7 by
such method of financing therefor, and direoted the Cor-
= porition _Counsel of , said City to prepare a proper 'form of
-Ordinance for :the issuance- and sale of -such Selvage Disposal
System. Bonds,,•'in the par value amount of $3015,000.00,
authorized to be issued, and' sold by said City,, for said
purpose,and. similar purposes,clby said State "Statutes, -,as
-
--amended* and provided,,, among' othsr things, . that' the pro-
ceeds of the issuance axed' sale • of - such bonds thereunder.--
shall'be',appli.ed •to the" full payment of said City's obli '
gatioxi on account of= said• apportionment to said City under
sa "C.$pital-Additiots" portion of said Sanitary District
.: 19 3 Budget, for - -and on account of the part of the subject
expansion of such . Selvage System and Treatment- -Plant provides,
as aforesaid.v' to be_ o.onotructed .in .the: year. 1963, and for
the application of the-remainder thereof-, if any, `to said
City's obligatio%s otherwise under any- Budget.of said,
Saniary. District, for the. eonstruction - ma.intenanee and"
operation of said Sewage- System, and Treatment- ,Plant as -_the
same shall be apportioned to said Cityo,according to said
State Statutes- as amended; -and
WHEREAS'
construction.:maintenance and,opera,
tion,, by said Minneapolis- Saint Pain Sanitary District,; of •
-said Sewage System :and Treatment Plant 'of said Sanitary
District, for the` collection-, treatment and disposal, .of-
sewago _.end waste materials, of said Sanitary • District,
which ombraces both said ..City of Sail%t - Paul and said City
of Minneapolis, for the joint use of said_. Cities; and the
aforesaid.expansion of said Sewage System and Treatment.
.Plant and apportionment of the estimated-end probable
cost of'-such expansion,. are'. authorized` under and by said 1
Chapter 41,'- Minnesota Session Laws for 1933, as amended; °
T . Chapter`
S,.Minnesota Sta.tute.$ Annotated, as amended, it,is-
now the,'intettion of Said Couriot of said City -of • Saint
Paul, and it is n6W Found necessary -and .determined by said."
Counoil ;that- - it - -'is urgei
-SECTIO /
That the City of .Saint, Paul shall.- issue and sell..
the Sewage, Disposal System Bonds of. City, of Saint Paul ,
in the'pa.r value amount of Three Million, Three Hundred
Fifteen Thousand Dollars. ($3015000-009, authorized by_ _
Chapter 341,, Minnesota Session-Laws for 1933,,a0 amended ;
Chapter 445, Minnesota •Statutes- Annotated' as amended' for
the purpose of the procurement of the necessary funds.for
the payment of the proportion of the cost of the construction.
.during 1963 of a - part. of.,- the proposed expansion of the Sewage -
Disposal'System of Minneapolis - Saint Paul Sanitary.Distrieti
sus from said City of Saint Paul:, -and apportioned to- said
city for -ppayments-on such account, under and by- the "Capital
Additions portion of the 1963 Budget, of said Sanitary Did-
trice, undor and by the pertinent Resolution of -the Doard
of Trustees of said Sanitary District No. 956, adopted
April '9, 19629 as certified by said Board of . Trustees of
said 'Sanitary Distri.ot to the Council of said. City of
Saint Paull such expansion of such.-Sewage Disposal System
of said Sanitary District having been -the • sub ject of the
modification by:virtue of said Resolution of said Board
of Trustees, J%Oi 956-, adopted April '.9,. 1962, "of the Comte,
prehensive ,Plan and Program of Procs+edure and Work ,,tor' the _
collpation, treatment and disposal of sewage and waste.
materials, of 6u6h Sanitary -Dietriot, duly adopted by said
Board of Trustees'of said Sanitary District,, by its Resolu=
tion on November 13'9 1933, as the same had been theretofore
modified., and said Resolution No, 956 having :made provision
-for the oonstru4tion .of such, expansion of such Sewage Dig-.--
posal System at an estimated and probable total cost of
Twenty -one Mill on9 Seven Hundred Ten Thousand Dollars
($21,710#400,00) - and for the construction, of the aforesaid
part -of ouch proposed expansion.of such Sewage Disposal.
' System "dur ng•the.year-1963. -at an estimated and probable
.post of-87 182 300.00 thereby - apportioned for yment -as
foil-ONO:. • 63, 23,747.56 by .said -City of Saint. Paul and
.�3,g98 55?':44 of the City of Minneapolis, -under and by
authority of ' said Chapters 347.9 Minnesota _ Session Laws for`
1933, As amended ;. Chapter 459 Minnesota Statutes - Annotated,
as amended: That said• Sewage Disposal: System_ Bonds of the ,f
City of -Saint Paul.hereby authorized to be issued and sold
shall be designated- "Sewage Disposal System Bonds 1962,
Series A"; and that -the proceeds of,the'i.ssuance•and sale
shall be`,app,lied first to the.full- payment of said appor
boned obligation of said City of Saint Paul under said
"Capital.Additions" portion of said-1963 Budget of',said
Sanitary—District and in-respect of the payment ; of the cost
of the construction of the part of such proposed expansion
of suoh Sewage Disposal - Plant- provided as aforesaid to . be_
done in the year 1963; provided -that the remainder_ thereof,
if any, may be applied in payment of -airy other . duly, , ap-
portioned portioned of said- City of Saint Paulo under , any ,
Budget of-said Sanitary District! - - `respect of the cost
' .. - - , - _ � •, __ -tie a `•, a• '• - ' s, y � ..
C = - 20`92
-of the construction- maintenance -• and ,operation of said /
Sewage Disposal Sys ;em of `said Sanitary District under
and .by.- authority of said- State Statutosf as .amended.-
SFCTION
That, said I)dnds shall tva authorized 'by iesolu,:
tion. of the Council of ',said City of Sari 'Pauli 'and shall
' be � in the fo'rm.- of . serial bonds and the same shall bear
such date and-mature at such times as such resolution shall
prescribe, proVJd ed that -the, first installment-of said- bonds
shall mature not later than-three '(3) years from and after
the, date of the' same and 'the last installment- of said bonds
shall mature not later than thirty, (301 years from and after
r the date of the same; that no amount of principal of said
bonds, payable in 'any calendar year '.shall exceed five (5)
times 'the amount of the ; smallest amount of Trin'cipal ma,-
taring •i n any calendar -°year ending three (3 ,,years or
after, . the date of `Issu i? of the- same; - and that said bonds
•
shall, :•be- issued and sold -by ' said' City of , Saint Paul, in
` he manner _'provided by _law,,, That said bonds ' shall be in such ;
denominations as the Council. shall prescribe py 'such resolu-
tion and shall-,bear interest not In,exaos& of five per cent
..0 5 %)••'p'er annum ,,payarble semiannually according -to interest
k ; caupoma to be 4ttaohed,.to ".the sane; that said bonds shall
.be• in "the "form pkes6r1b6 Eby_ the Council of; said City and
- approved -by its Corporation' Counpel; end that said .bonds
i shall', bear suph ;, interest,•as -asaiid Ctty .Coundll shall re�soribe,, =
and - 'shall] be .sold by:,said C.itq Council for hot-leas Uan par
value ' plus ]a orued int ®#rest # to. th® highest bidder therefor*
after two: -weeks' - :published notice of the time and place for
receiving bids _thereon. That the-proceeds from the issuance
and sale of said bonds* as-received by said City#`shall be
deposited by It in the Sinking_ Fund of said- City or in a
Special Fund . of sa d%Ci,ty and allocated ' thereto and subject
-_ to the disbursemo-mtcaly for the ,purposes aforesaid. That -
the full faith and credit ; of' said City-of Saint .Paul hereby r
are.irrevocably _ pledged"for the prompt•anal faithful.payment
of both° principal ;and interest of -said--bonds and -the. proceeds
of the .issuance and sale . of . said bonds hereby are appropriated
and-shall be, used-solely for 'the purposes set forth 1n
section. l.. That .said bonds cif said City of ' ,Saint Paul
` - shall be .payable: in - lawful money of,* the United States of
America. -
$' SSC_TION'
That each of said 'bonds shall-be sealed by the
fact
mile of .the; Off3,cial Seal .of .said' City lithographed
thereon -aid signed by-.the lithographed faceirniile signature,
of- its Mayor,, attested- by the, lithographed- facsimile sig.,
natufmof ita City..Clerk, and countersigned manually by the
City C- omptroller, and each - interest coupon thereto attached
shall be - signed_ by tho lithographed 'fadsiinile, signatures, of
its roald _ Officers.
2 .
'that said City4 a -" proper `4iP�.oers - hereby are..
sutho i:s+ed;, directed and required to set aide annually
from. the revenues of. said. City- an amount suff oient for
the payment of -the - interest -,On mid hereby Guth -zed bond+
and- the principal of any shah bonds maturing in such year
and 'her.•ebyla-re• authorized.,. directed and "quirod to ,rake
a suffioiert tax levy for txa payment d the same under and
pursuant: to,, the pr6visIo4s of Chapter .4 ?5,; Mi,nneso' to Statutes
1957: - as amended, That such "x, levies for all years shall
be specified and 'shah be,- such that -if • oolleoted _.in full,
they' tOgethOt with estiMated collections of other revenues
pledged: for , tho payment of 0a.1d. obligatioas, vill produce
at least f ive--,per . cent (5 %) • in excess of the-amount needed
to Meet* when, due,: the.` principal and- interest poyments on
said •bands,- T, at .eaoh auoh- tax levy. hshall' be by resolution
of the - C'ouhpil of said City xhioh shall # -amotg other
thi0gs# irrevocably' appropriate the taxes thereby levied.
for payment.,, when -due. of the, principal and interest of said •
bonds,. That such provisions of this :Section are in additt6n:-
-to the pledge off' the full faith and ared'it of said qty for
the paprent of sdci bands giant are not in l#.eu of` such pledged;
' SgeTION -1.
That• the principal and interest ooming clue prior
to the receipt of the proceeds .of said taxes, shah, be paid
Promptly when due, .out of the general Tufd s of said City
.,Of Saint Paulo _o ld reimbursement therefor shall be made
when said taxes shall have bee�a recaivei, And tk�e City
` Clerk of said- City of Saint Paul Ur hereby instructed to
file, in the offlee of' the- Countyg Auditor of Ramsey County,'
MI=evota #, a certified copy of this 'ordinance,, together
with full intormatiodn' regarding the boW s for which this
tax is 16viedt. and the City Clerk is' hereby cr dered and
directed to : ecaurer from the Caurxty Auditor a certi rtoate
than Yoe has entered the obligations . in the -tax register as
requirdd. under the provisions of Chapter- 4' Xinneiota ,
Statutes 1957; as amended,, -.ond that Ue ' tax levy required
r for tho purpose hao been mado.. Betere the said bonds shall
bo -deliv ®rod to the: purehdeer the' 'Counail of the City of
Sa,tnt Paul shall obtain from the County, Auditor` and- deliver
to the purohaser, a certificate of the Count�t Aud�.tor,
that the.- iaane •has :been '.entered on his register 'and. that a
tax-has been �.evi+ed as ro.quired by law in acaoxdance with-
the provisions o#' Chapt�rr _ ?5o Mirmes Statutes 1957 as,
ame�ided. Such taxea ih6ll be aolleatod, and payment. thereof
enroroed at the dame time and with and in' like manner as
other taxes of the -- Gtty Of Saint Pate. and when 0o13.octed
shall be used solely. for pq ying the J.nlerest and •principal,
of- ,said. bonds when and �as the .same shall mature.
Duplicate to Printer
PRESENTED BY
ORDINANCE d(l�'j
COUNCIL FILE NO. 0 + 6
— 7 —
SECTION 6
ORDINANCE NO.
This ordinance is hereby declared to be an
emergency ordinance rendered necessary for the preserva-
tion of the public peace, health, and safety.
SECTION�7
This ordinance shall take effect and be in force
from and after its passage, approval, and publication.
Yeas Councilme
Holland
Loss
Mortinson
Peterson
Rosen
you is
City Clerk
jus 27 1962
Passed by the .Council
Tn Favor
A gainst
Approved: JUN 2 7 1992
Mayor
Ilk
zi /�
_ 2 -
-y r
2n (�
. Laid over to '/--,-)z
3rd and app `� 7/ o dopte
Yeas Nays Yeas Nays
alglish
Dalglish
/�f1I
"N Holland
Holland
Loss
'\Mortinson S
Mortinson
Peterson
Peterson
Rmt: s
Rosen.
r. President vavoulis
t�