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<br />special assessments) and capitalized interest, annual sums appropriated to the Water <br />Improvement Bond Sinking Fund not less than 5% in excess of the amounts required to <br />meet each year when due the principal and interest payments on all bonds now and <br />heretofore issued for this improvement, an ad valorem tax is hereby levied upon all <br />of the taxable property within the corporate limits of the Village, in the amount of <br />not less than $ 10,000 to be spread upon the tax rolls of each of the years 1963 <br />to 1982, inclusive) the proceeds of which are hereby appropriated to the Water Im- <br />provement Bond Sinking Fund, together with the collections of such special assess- <br />ments after the improvement is completed and the cost thereof paid. The full faith <br />and credit of the Villege is pledged for the prompt and full payment of the principal <br />of and interest on the bonds, including any additional bonds issued to complete pay- <br />ment of the cost of Water Improvement No. 62-1, and the Village covenants and agrees <br />with the holders thereof that it will do all acts and things required for the levy <br />and collection of said special assessments, and of any taxes required by law, by <br />reason of the issuance of such additional bonds) all as more fully set forth in said <br />resolutions dated November 7, 1962. <br /> <br />6. The Village Clerk is hereby authorized and directed to file a certi- <br />fied copy of this resolution with the County Auditor of Ramsey County, together with <br />such other information as he shall require, and to obtain from said County Auditor a <br />certificate that said bonds have been entered on his bond register. <br /> <br />7. The officers of the Village and the County Auditor of Ramsey County <br />are hereby authorized and directed to prepare and furnish to the purchaser of the <br />bonds and to the attorneys approving the legality of the issuance thereof certified <br />copies of all proeeedings and records relating to said bonds and to the financial <br />affairs of the Village, and such other affidavits, certificates and information as <br />ma~ be required to show the facts relating to the legality and marketability of the <br />bonds as the same appear from the books and records under their custody and control <br />or as otherwise known to them, and such certificates, certified copies and affida- <br />vits, including any heretofore furnished, shall be deemed representations of the <br />Village as to the correctness of all statements contained therein. <br /> <br />Passed February 25, 1963. <br /> <br />Mayor <br /> <br />Attest: <br /> <br />Village Clerk <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded <br /> <br />by <br /> <br />, and upon vote being taken thereon, the following voted <br /> <br />in favor thereof: <br /> <br />-8- <br />