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7/17/2007 9:07:01 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
41
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<br />Resolution No. 41 <br /> <br />J <br /> <br />Adopted December 16, 1952 <br /> <br />A RESOLUTION PROVIDING FOR THE ISSUANCE OF $38,000.00 FIRE <br />AND STREET EQUIPMENT CERTIFICATES OF INDEBTEDNESS AND LEVYING <br />A TAX FOR THE PAYMENT THEREOF <br /> <br />BE IT RESOLVED by the Village Council of the Village of Roseville, <br />Minnesota as follows: <br /> <br />1. The Village shall forthwith issue its negotiable coupon general <br />obligation certificates of indebted ness in the aggregate principal amount <br />of $38,000.00, to be 38 in number, numbered from 1 to 38, both inclusive, <br />in the denomination of $1,000.00 each dated January 2, 1953 bearing <br />interest at the rate of one and eighty hundredths per cent (1.80%) per <br />annum, payable January 2, 1954 and semiannually thereafter on July 1 and <br />January 2, of each year and to mature serially on January 2 in the years <br />and amounts as follows: <br /> <br />$5,000.00 in each of the years 1954 to 1956 <br />both inclusive <br />$10,000.00 in the year 1957, and <br />$13,000.00 in the year 1958, <br /> <br />without option of prior payment. The said certificates shall be payable <br />as to both principal and interest at the American National Bank od St. Paul. <br /> <br />2. The certificates and interest coupons to be issued hereunder shall <br />be in sub stantially the following form: <br /> <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />VILLAGE OF ROSEVILLE <br /> <br />N o. <br /> <br />$1,000.00 <br />FIRE AND STREET EQUIPMENT CERTIFICATE OF INDEBTEDNESS <br /> <br />NOW ALl, MF,N BY THESE PRESENTS That the Village of Roseville, Ramsey <br />County, Minnesota, certificates that it is indebted, and for value received <br />promises to pay to bearer, the sum of <br /> <br />ONE THOUSAND DOLLARS <br /> <br />On the Second day of January, 19----, and to pay interest thereon from <br />the date , <br />in any coin or currency of the United States of American which at the'time <br />of payment is legal tender for public and private debts. <br />
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