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Last modified
7/17/2007 9:09:22 AM
Creation date
4/23/2005 5:25:46 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
785
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<br />a.ble in 20 installments of principal with taxes levied in the years 1963 to 1982j <br />inclusive, collectib1e in the respective succeeding years, with interest at the rate <br />of 5% per annum on the balance thereof from time to time unpaid. For the purpose of <br />providing, with the estimated collections of said special assessments and of taxes <br />and special assessments and other funds heretofore appropriated to the Water Improve- <br />ment :Bond Sinking Fund J annual sums for said fund not less than 5% in excess of the <br />amounts required to meet each year when due the principal and interest payments on <br />the bonds of this Series 4 and those now payable from that fund, and ad valorem <br />taxes hereby levied upon all of the taxable property wi thin the cor:pora.te limits of <br />the Village, to be spread upon the tax rolls of each of the years 1963 to 1982, in- <br />clusive, in the following respective amounts: <br /> <br />Year Amount Year Amount <br /> - <br />1963 1973 <br />1964 1974 <br />1965 1975 <br />1966 1976 <br />1967 1977 <br />1968 1978 <br />1969 1979 <br />1970 1980 <br />1911 1981 <br />1972 1982 <br /> <br />The proceeds of said tax levies are hereby appropriated to the Water Improvement <br />Bond Sinking Fund, together with the special assessments collected for Water Improve- <br />ment No. 63-3 after that improvement is completed and the cost thereof paid. The <br />full faith and credit of the Village is pledged for the prompt and full payment of <br />the principal of and interest on the bonds of this Series 4, and the Village cove- <br />nants and agrees with the holders thereof that it will do all acts and things <br />required for the levy and collection of said special assessments and taxes. <br /> <br />S. 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 <br />with such other information as he shall require, and to obtain from said County <br />Auditor a certificate that said bonds have been entered on his bond register. <br /> <br />6. 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 legali~ of the issuance thereof certified <br />copies of all proceedings and records relating to said bonds and to the financial <br />affairs of the Village, and such other affidavits, certificates and information as <br />may 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 /> <br />_ 1 ()_ <br />
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