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CC_Minutes_1949_0315
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CC_Minutes_1949_0315
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7/17/2007 8:45:08 AM
Creation date
1/31/2005 1:59:31 PM
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Roseville City Council
Document Type
Council Minutes
Meeting Date
3/15/1949
Meeting Type
Regular
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<br />II <br />Continuation, Minutes of Meeting March ISth,1949 <br /> <br />55 <br /> <br />------------------------------------------------ <br /> <br />WHEREAS, said question was submitted at theeiection duly held for said <br />purpose in said Village on January 25th,1949,and <br />WHEREAS,issuance and sale of said bonds was approved at saið election by <br />more the four-fiths (4/5ths)of the voters voting at said election and <br />WHEREAS, said Council by resolution approved January 4th provided that the <br />Council of the Village of Roseville should, by subsequent resolution, fix the <br />denomination anð form of said bonds and date of maturity thereof, <br />NOW, THEREFORE, BE IT RESOLVED, THAT the bonds authorized to be sold by said <br />resolution be issued and sold in the manner provided for by law in the amount <br />of $l5,000.00;said bonds to be in denominations of $500.00 each to be dated <br />Februar.y 15,1949 and bear interest at the rate not to exceed 5% per annum, <br />payable semi-annually on August 15th and February IS Iff each year according <br />to the coupons to be attached to said bonds;said bonds shall be serial but <br />none shall run for a longer term than (6) six years and shall be numbered 101 to <br />130 inclusive. The dates on which said bonds shall mature and the amounts <br />which shall mS.ture over said period shall be as follows: <br />Date of maturity Bond No. Amount <br />2/15/5I IOI to 106 inclusive $3,000.00 <br />2/15/52 107 to 112 " $3,000.00 <br />2/15/53 Il3 to lIB tI $3,000.00 <br />2/15/54 119 to 124 " $3,000.00 <br />2/1,/55 125 to 1)0 " $3,000.00 <br />Said bonds shall be in the following form which is hereby approved and adopted: <br /> <br />] <br /> <br />/I' <br /> <br />~:, <br /> <br />~-~-_..._----_.- ---. <br /> <br />~__.____.__._.__.,_____.__...__.._..____.m.. _..___' ~. _._ <br /> <br />~"~ <br />
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