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<br /> <br /> . "",:,,;,;:,~:.;.t. :'.,!. '~:~'f',::fi'~,'~t:~? '-l.. 't.<,'i'~7'~{;::'.'~:2-~"'\'~ ~'4:~{':)Y':~''';<';': <br /> . ..,." ". <br /> ',. ..... <br /> Extractof M1mrt.. fIf *.tt", <br /> ,Cif the Vill:1. COu",U of <br /> The Village Arden Hilh. <br /> Iblll"Y County, 'Minnesota. <br /> Held October 12, 1"9. <br /> . P\Jl'Iuant t" due call and notice thereof. '. regu1.~ <br /> . " -. <br /> . ' .' " .' , . <br /> . ..eeting of the Vllhg. Council of the Village of Arden Mi!!a. <br /> Minnesota wa. duly held at the Village Hall in said villap <br /> on the 12th day of October, 19~9, at BIODo'cloek P;M. <br /> The following MlI1bers wel'8 pre.ent I All <br /> and the following were absent: None <br /> . <br /> . Me.ber Crepeau introduced and 1IIOved the adoption of the <br /> following l'eS01UtiOIU <br /> RESOLUTION FORmE ISSUMCE OF SANITA!\Y SEWER <br /> IMPROVEMENT BONOS SERIES A . <br /> <br /> WHEREAS contracts have heretofore bnn entered into for the <br /> o -. " -, - - . <br /> . '. . <br /> construction of sanitary sewlr iarprovelll8nts at an aggregate pJ:ice of <br /> . <br /> $64,049.00 and for additional work to be performed under' a eoopeutlve <br /> agre8lllent with thl Village of RoseviUe at an estimated cost of ~ <br /> . . <br /> $35,000 to the Vil:lage of Arden Hills, and other additional expense. <br /> necessary to be incurred in cqnnectlon with the.. iarprovelll8nts are <br /> utilll8ted at S24,!lOo.oo,llaking a total of S123,549, of whlch SUIII <br /> it 16 e.timated tc be necessary for the VIllage to borrow $120,000 at <br /> this t1ae, punuant ~o Minnesota Statutes 19~7, Chapter 429, <br /> . NOW THEREFORE BE lTRES01.VlD. by the Vlllage ci Arden Hills, <br /> . Mlnnesota: <br /> 1. The improvement hereinabovI described shall be financed <br /> by th& l8$uancl of lt1prove"nt b~.md. pledging tl1e full faith and <br /> <br /> c1:edit of the Village and shall hereafter be referred to as Sanitary <br /> Sewer Improvelllft1\t ,No " , 1. A .eparate 1!IIProv8Illent fund is henby <br /> . . <br /> established for such .l.prov..ent which shall be called Sanitary <br /> . Sewer IlllJ>rovlment No. 1 Fund. The proceedS from the sale <br /> . ,of improv...nt bonds here.in provided for and froll the collectiona <br /> of speclal assenments for the lmprovement and any other JIOneys <br /> ---- <br />