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Last modified
7/17/2007 9:10:08 AM
Creation date
4/25/2005 11:54:27 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
6569
Resolution Title
Accepting bid on sale of $1,600,000 General Obligation Improvement Bonds, Series 9 providing for their issuance and levying a tax for the payment thereof
Resolution Date Passed
10/31/1977
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<br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />RAMSEY COUNTY <br />CITY OF ROSEVILLE <br /> <br />No. <br /> <br />$5,000 <br /> <br />GENERAL OBLIGATION IMPROVEMENT <br />BOND, SERIES 9 <br /> <br />KNOW ALL MEN BY THESE PRESENTS that the City of <br />Roseville, Ramsey County, Minnesota, certifies that it is <br />indebted and for value received promises to pay to bearer <br />the principal sum of <br /> <br />FIVE THOUSAND DOLLARS <br /> <br />on the first day of November, 19 and to pay interest <br />thereon from the date hereof until the principal is paid <br />at the rate of <br />percent ( %) per annum, payable on the first day of <br />November, 1978 and semiannually thereafter on the first <br />day of May and the first day of November in each year, <br />interest to maturity being represented by and payable <br />in accordance with and upon presentation and surrender of <br />the interest coupons hereto attached, as the same severally <br />become due. Both principal and interest are payable at <br /> <br />or any successor paying agent duly appointed by the City, <br />in any coin or currency of the United States of America <br />which at the time of payment is legal tender for public <br />and private debts. <br /> <br />All bonds of this issue maturing in the years <br />1988 to 1997, both inclusive (bonds numbered 151 to 320, <br />both inclusive), are subject to redemption and prepayment <br />at the option of the City in inverse order of serial <br />numbers, on November 1, 1987 and on any interest payment <br />date thereafter at par and accrued interest. Published <br />notice of redemption shall in each case be given in ac- <br />cordance with law, and mailed notice of redemption shall be <br />given to the bank where said bonds are payable and to any <br />registered holders, provided that published notice alone <br />shall be effective without mailed notice. Holders desiring <br />to receive mailed notice must register their names, addresses <br />and bond numbers with the City ~1anager. <br />
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