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Resolution No. .l:1.- Adopted June 21, 1949 "\{HEREAS, the Council of the Village of Roseville by resolution approved, March 15th, 1949, authorized the issuance of ~~15,000.00 !par value of bonds by the Village of Roseville for the purpose of obtaining cash to purchase additional fire equipment for the fire Dept. of said Village; RESOLVED, that said bonds in the amount of $15,000.00 in demominations of $500 each dated February 15, 1949 shall forwith issue to bear interest at the rate of 1.60% per annum payable semi-annually on August 15th and February 15th in each year and to mature serially on February 15 in the years and amounts as follows: $3,000.00 in each of the years of 1951 to 1955. both inclusive; R}~SOLVED, further, that the bonds shall be prepared under the direction of the Village Clerk and the President and Clerk, together with the Village Treasurer. are authorized and directed to sign said bonds and to affix the Village Seal thereto and to cause the interest coupons to be executed and authentecated by the written, printed, engraved of lithographed facsimile signatures of said officers and said bonds when fully executed shall be delivered by the Treasurer to the purchaser thercof upon receipt of the purchase price and said purchaser shall not be obliged to see to the proper application thereof; RESOLVED, further that the Clerk and Treasurer are authorized and directed to prepare and issue to the purchasers and to the attorneys approving said issue. certified copies of all proceedings. and records relating thereto and to the right, power and authority of the Village to issue the same and said certified copies and certificates shall be deemed to be representations of the Village as to all matters therein stated; RESCLVED, that the full faith, credit and t;:,xing powers of the Village shall be and the same are hereby and irrevocably pledged to the prompt and full payment of the principal and interest of each and all of said bonds as the same become due; RESC'LVED, further, to provide monies for the payment of said principal and interest, there is hereby levied upon all of the taxable property of the Village a direct annual ad valorum tax which shall be spread upoJll the tax rolls and collected with and as part of other general property tc~es in said Village for the years and the amounts as follows: lfear Amount of Levy 1949....................$3,300.00 1950... ....... ........... .3,350.00 1951.................... 3,400.00 1952.................... 3,450.00 1953.................... 3,500.00 Said tax shall l:;e irreJpealabVe as long as any of said bonds are outstanding and uppaid provided that the illage reserves the right and power to reduce the levies"in the manner and to the extent permitted by Sect. 475.26, Minnesota 0tatutes. RES(JLVED, further, that the Clerk is hereby authorized and directed to file a certified copy of this resolution with the County Auditor of Ramsey County, together with such other information as he shall requi~, and to obtain from said County Auditor a certificate that said bonds have been entered on his bond register and that the tax requi~d by law for the pay- ment of said bonds has been levi~d.