HomeMy WebLinkAboutResolution 68-53RESOLUTION
CITY..Cel~bia Heights~ Mi.m. nesota
WHEREAS, THE City Of_ Col~b.ia Neigh_tm. ~.
has iss~d and s~ld bonds dated, 2/1/69 ,in ~he amount of
~. 100,00~...00 exclusively for the purpose of establishing,
l~cating, relocating, constructing, reconstructing er imprev-
img its Stats-Aid Highways or streets in accordance with law.
WHEREAS, SAID City has irrevocably pledged t.
the Si~king Fund from which said obligations are payble, that
amount of their future State-Aid allotments as is permissible
by law and needed to pay ~be principal and interest thereon:
which principal payments shall be mede from the regular con-
struction account of such State-Aid Fund and the interest pay-
merits shall be made from their regular State-Aid Maintenance
account, all as detailed herein:
PRINCIPAL PAYABLE INTEEEST PAYABLE
1970
1970 2/1 4,370.00
1970 82/~1 1,975;00
1971 10,000. O0 1,975.00
1971 i~ 1,765g00
1972 10,000 o 00 1,765~ OO
1972 1,55 .oo
1973 10,000.00 1,555.00
1973 8/1 1,345o00
1974 2/1 10,000.00 1,345.00
1974 8/1 1,135.00
1975 2/1 10,000.00 1,135o00
197% 8~1 910 o00
1976 2/1 10,000.00 910.00
1976 28~/1 685.00
1977 10,000.00 685.00
1977 82~ 460.00
1978 10,000.00 460°00
1978 82~ 230.00
1979 10,000.00 230.00
NOW THEREFORE, BE IT RESOLVED$ That the Commissioner of
Highways be and is hereby requested to keep a bond record in
his office for the_ Cit~
Columb .~a. Heights., Minnesota
BE IT FURTHER RESOLVED: That the Co~issioner of High-
ways be and is hereby requested upon receipt 8f ~ resolution
to anaually certify to the State Auditor the s~ of money re-
quired for the principal and interest payable on said bonds~
RESOLUTION
- - -
PASSED THIS 3Oth.
OFFERED BY Jeska
SECO~O~O ~,
ROLL CALL All A~es
DAY OF
Secre~/~ thy ~~
pro tern
~ECEMBER 1969
CERTIFICATION
I hereby certify that the foregoing Resolution is a
true and correct copy of resolution presented to and adopted
by the City of Columbia Hei~.hts , Minnesota,
at a duly authorized Special meeting thereof held on the
:..~. day of December~ .... , 19 69 , as shown by the
minutes of said meeting, filed in the office of the City
Clerk of theCity of Colmabia Heights.