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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.