Laserfiche WebLink
<br />- 3 <br /> <br />Reso. _!?.Q <br /> <br />Maturity Years <br /> <br />Serial Numbers <br /> <br />Interest Rates <br /> <br />1958 - 1968 <br />1969 - 1911 <br /> <br />1 - 359 <br />360 - 600 <br /> <br />4.39% <br />4.70% <br /> <br />Each of said bonds shall bear interest at the additional rate of One and ten <br />hundredths per cent (1.10%) per annum from January~1958 to January 1 1959, <br />to be evidenced by a separate set of interest coupons designated as 1"~1l coupons. <br />Interest on said bonds shall be payable July 1, 1958, and semiannually thereafter <br />on January 1 and July 1 of each year. Both principal and interest shall be <br />payable at The First National Bank of Saint Paul, in St. Paul, Minnesota, and <br />the village hereby agrees to pay the reasonable and customary charges of said <br />paying agent for the receipt and disbursement thereof. <br /> <br />.3. Said improvement bonds shall be in substantially the fOllowing <br /> <br />form: <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF RPW1SEY <br /> <br />VILLAGE OF ROSEVILLE <br /> <br />SANITARY SEWER IMPROVEMENT roND <br />SERIES C <br /> <br />No. <br /> <br />$1,000 <br /> <br />KNOW ALL MEN BY THESE PRESENTS that the Village of Rosevil1e, 8 duly <br />organized municipal corporation of Ramsey County, Minnesota, acknowledges itself <br />to be indebted and for value received promises to pay to bearer the sum of ONE <br />THOUSAND roLLARS on the 1st day of January, 19 ,or, if this bond is prepayab1e <br />as stated below, on a date prior thereto on whICh it shall have been duly called <br />for redemption, and to pay interest thereon from the date hereof until paid or <br />until this bond, if prepayable, has been duly called for redemption at the rate <br />of per cen ( %) per annum, plus additional interest on said <br />principal sum. at the rate or-- per cent (~) per annum, from <br />19___to , 19___. Said interest is payable on July 1, 195B, and <br />semiannually thereafter on January 1 and July 1 of each year, interest to maturity <br />being payable in accordance with and upon presentation and surrender of the <br />interest coupons appurtenant hereto, which coupons are in two sets, one set <br />representing interest at % per annum to maturity, and the other set, desig- <br />nated as "BII coupons, representing interest at_% per annum from <br />19 to ,19 . Both principal and interest are payable at <br />- , in - , in any coin or currency of the United States <br />of America which on the respective dates of payment is public tender for private <br />and public debts. For the prompt and full payment of such principal and interest <br />as the same become due the full faith, credit and taxing powers of the Village <br />are hereby irrevocably pledged. <br /> <br />This bond is one Gf an issue in the aggregate principal amount of <br />$2,600,000, of which Series A in the amount of $1,000,000 and Series B in the <br />amount of $1,000,000 have heretofore been issued and sold. The bonds of this <br />series are all of like date and tenor except as to serial number, interest rate, <br />maturity and redemption privilege, and are issued by said Village for the purpose <br />of defraying expenses incurred and to be incurred in the construction of an <br />improvement designated as nSanitary Sewer Improvement No. 1" of the Village of <br />Roseville, and are issued purSU8.:1t to a nd in full conformity with the Constitution <br />and laws of the State of Minnesota thereunto enabling, including Minnesota <br />