HomeMy WebLinkAboutOrdinance 104 .... " ~ ra!nance authorizing
Be~nS~x .~ Ordin~dace emtit!ed,
by the Oity Treasurer of $ ~~~ ~nerj~ency D~bt
the
C~srti ....
~lO~e.
V{hereas owi~!6 to She excessive delinquency in the
r~oei~ ~
o~s frd~ ~s.~es and other so-~ces, one receipts
taxes and other so~ces have fop such unforseen causes
become insufficient for tho orGinary expenses ~ the City and
City is without funds to carry om ~nd pa~ the cost of City
Govern~ent ~
T}IS COI2~C!L, hereb3; and ~er this pre~ble declares
that an emergency exists fop the i_rEediate preservution of
t~s ?ublic peace {~nd sa!cry and that in order to
meet such emergency it is neo~ssary to pass Ordinance ?o.
as an emergency ordina~ce.
P~_~Ssed by the Council, J~:.nuary ~/~ 1933.
}~ayor
AY 'OR D !iT ~,'TCE 351TrHOR i Z i!f G ~ ~
_~H~ S~,%E BY T~ CITY
RM~RG~TCY DEBT
The City of Columbia Heights does Ordain:
Section 1. That the City Council of the City ct~
Col~uabik lieights, Kinnesota, does hereb~ authorize the
sale by th.; City Tr,sasuz'er of ~7.~ ~._~-~~ Emera'enc'/
D~bt
Certificate, to be dated the 2~dev o-r Jc.nua~y, ~_953, to
bear in~erest at the rate of slx }per cans Der an:tun,
interest to be sayable at she maZurity of saia Certificate,
to be in nuzaber one (1), c~nd shall be payable as to both
principal and ins_rest at the Central ~{_tionat B:~nk, and sh~l
mature on July I, 1933.
That said certificate shall be in substantially the
foliowiag form:
Ho. i
IilYITED STATES d,P PY.?~RICA
ST~TE 0P N!i?ESOTA .
COLq?~f OF fG~OKA
CITY OF COLDU~IA ~I,GHTS
This is to cer~zf~ that t}.~e City of Coiu~bia Hei~'hts,
in the County cz Anoka and State of "~.~ ~ is indebte~
to aha ret value received ~ereby }romlses to p~ to the
ben, ret hereof on the !st day of Juiy~ 193~, the s'e~ of
~~ ~ a.t she Central National Bank~ with interest
~He~eon from the date hereof ~til o~.id at the rate of six
per cent per ann~ upon pre~s~.~ation and surrencer of this
o :BP t ii _oats.
This ,¢crtific"te for ~ is m.sued by sa~d City
Col~bia Heights, ~{innesota to .Brovide~ for temeorar7 deficiencies
in the revenues of said City, the ;:'eoeipts from taxes amd other
~ o':' insuf~ zo!ent
sourcea havinG from unforseen causes bec .... ~e ~' ' zor
the ordinary expenses of the City ::~nd ~ is issuea nursuant
to the Charter of the s~:..id City and She Consti~ut~on :.nd laws
of the St:.te of Ninnesota there.%to enabling and in full
conformity thor :with, in accordance with the -provisions of
I~ zs hereby ,~ezti led and Recited t~t all e.~ous, conditions
C~a~ ~er of said City._~*-*-:~a b~*~ the
and things requires by the ~ -~
Consitution and laws of the Stateof },{inmesota, to have been
done, to have haDpened :~nd to have been 2er~.~moa precedent to
and in issuance of t~is certmz_c__te have been done, have
and ha~e been eerformed in regular and due form, tim~-~s and
manner, and that this certificate, touether with all other
indebtedness of the said City outstanding on tho date hereof
does not exceed any constitutional, statutory or charter
limi%ation of indebtedness.
In Witness whereof, said City of Col,~ibma ~ights, :dno~:
b~. · ~ -- ~ ~ ~ ,-
Co'~ty, }"innesota, ~ zts ,~o~mo~, ~R.s causea this cersifioate
to be executed in its behalf by hhe }~ayor aRd Clt~ ......
countersigned by the Citz* Clerk, cna sealed wish its official
-' --+~-ate to be dated as of the ~-~
S~aA~ :..i~ has caused this
d~:~y of J~.~nuary, 19'.33.