HomeMy WebLinkAboutResolution 33-26City Treasurer has this day been duly sut~orized to
sell $.~000.00 ~ergency Debt Certificate,to be dated the ![th day of September
bear interest at Zhe rate of six per cent nor m~_num,apyab!e at the
mat~.urity of said Certificate,and both princinal and interest to become ~ue
mhd payable on tLe let day of December,1134,and
;~EAS,there is sufficient money in the Si~ing Fund to tgme care of
the deckhands *¥ ~ d is
~.~ereon,an it des~rcable and beneficial to the
City of Columbia Heig]~ts,lliunesota,to invest moneys in the Sinking
?mud in said ~ EmerEency Debt Certificate.
I¢O,W T~OPE,BE IT ~$OLVED by the City Council of the City of Co!u~foia
Melghts that $5000.00 be transferred from the Sini~ing Fund and investet~
in said Dnergency Debt Certificate. Unon the maturity of said Certificate
the ~mount thereof smd interest is to be returned forthwith ~a to ~'
Sinking ~nd.
~rther Resolved that the City Treasurer be and she hereby is
authorized and directed to n'~ke the necessary tra~usfer and investment
in accordance with this Resolution.