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Last modified
7/17/2007 9:09:34 AM
Creation date
4/23/2005 5:29:40 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
927
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<br />Extract of ~ linutes of Peetinp- of' the <br />Villa,ere Council <br />Villape of Roseville <br />County of R::1msey <br />State of \'innesota <br /> <br />Pursuant to due call and notice thereof a special meetiner of <br /> <br />the Village C01.IDcil of the Villare OC Roseville, Ramsey C01.mty, },linnesota, <br />was duly held in the "i11are Hall at 2701 North Lexinp:ton ,Avenue, St. Paul, <br /> <br />Honnesota on [''anday, the 30th d;:ty of ~1arch, 1964, at 5:00 o'clock <br /> <br />P I,A <br />.; . <br /> <br />The fa 11 owimr, members were present: Mayor Cedarholm, <br />Trustees Curley, Goodrich, Grauel and Shields <br /> <br />:md the followinr- were absent: None <br /> <br />~ember Curley <br /> <br />introduced the followinp: resolution and <br /> <br />moved its adoption: <br /> <br />RESIlLIJTION NO. 927 <br /> <br />RESOL1JfION REGARDING REDPfPTION nF :1UNICIPAL <br />BUILDpJr REVENIJE BOt\1J)S <br /> <br />;:HIEDEAS $ 220,000 municipal bui 1din,a; revenue bonds were issued <br /> <br />to finance a mlmicipa1 liquor dispensary buildino:, said issue mCJ,turincr <br /> <br />$5,000 in 1957 throuo:h 1961; $10,000 in 1962 throu~1 1967; $15,000 in <br /> <br />1968 throuph 1972; and $20,000 in 1973 throurh 1975; and providing that <br />bonds maturinp in the years 1973 through 1975 may be callable on November 1, <br /> <br />1960 or any interest payment date thereafter; and all other bonds of said <br /> <br />issue maturing after I\Jovember 1, 1965 will be subiect to redemption ('mel <br /> <br />nrior payment on November 1, 1965 or any interest pa)nnent date thereafter; <br /> <br />all in inverse order of serial numbers at par and accrued interest plus a <br /> <br />rremiuY'1 eqmt1 to one year's interest on such bond at the coupon rate of <br /> <br />four percent (4%) for the year immediately followinp- the date of redemption; <br />
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