CC_Minutes_1952_1216 - Laserfiche WebLink

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Continued Page 3. 'þ 1~":1 ') ~.' f ~ & I..,; wi thout option of prior pa:lment. The said certificrltc3 shall be payable as to both principal and interest at the American National Bank of st. Paul. 2. The cert.tficetes and interest coupons to be issued hereunder shall be in sub!"tantially the folloì'!ing form: UNITED STATEf- OF AMEHICA STATE OF MINNESOTA COUNTY OF RA1ŒEY VILLAGE OF ROSEVILLE tJo. $1,000.00 FIRZ ANn STREET EQUIPMENT CERTIFICATE OF IN;JEB'rEDNESS KNOW ALL HEN B~ TIŒSE PRESENTS That the Village of Roseville, Ramsey C01.mty, Minnesota, cert:i.fies that it is indebted, and for value received promises to pay to bearer, the sum of ŒŒ THOUSAND OOLLAHS on the second da~r of January, 19 , and to pay interest thereon from the date hereof until paid, at the rate or per cent ( 1~) per annum, interest being payable on the second day of January, 1954 and semi-annually thereafter on the first day of Jul~r and the seconct day of .Tanuary in each year, in accordMce with and upon presentation and surrender of, the interest coupons hereto attached as they severally becoDe due. Both principal and interest are payable at the , in any coin or currency of the United states of America whJ.<;h at the t:~me or-- payment is legal tender for public and private debts. This Certificate of Indebtedness is one of an issue in the total principal amount of $38,000.00, all of like date and tenor, except as to maturit~r, which Certificate has been issued pursuant to and in full conform ty with the Constitution end laws of the state of Minnesota, includini; section 412.301 M.S.A., for the purpose of providing money for the acquisition of fire and street equip- ment for the Village. This Certificate constitutes a general obligation of the Village, Anò to provide moneys for the prompt and full payment of said principal and interest when the same become due the full faith éUul principal and interest when the same become due the full faith 2nd. crerli t of said 1rillage have been ffild are hereby irrevocably pledged. IT IS HEREBY CERTIFIED AND RECITED that all acts, conòi tion~ and things required b~l the Con~ti tution and laws of the State of M:Lnm~sota to be òone, to happen, and to be performed precedent to and in the issuance of this Certificate of Indebtedness have been done, have happened and have been performed, in regular and due form, time and manner as required b~r lAw, and this Certificate of Inrlebt- edness together with all other debts of the Village outstanding on the date hereof and the date of its actual issuance and delivery, does not exceed any constitutional or statt~tory limitation of indebtedness. IN V'nTNEGS WHEREOF, The Village of Roseville, Har:lsey Count~r, Minnesota, by its Village Council hæ3 caufìed this certificato to be executod in its behalf bJr the signatures of the Hayor and the Village Cler1)::, and has cau~eè the inter- est coupons to be executed and Ruthenticated by the facsimile signatures of said officers, all as of Jan11ary 2, 1953.