HomeMy WebLinkAboutOrdinance 127 ~~ O~ to e~oesai~e de~inquenc7 tn the reoeipta t~ ~e.
~: It ia nece~e~ to ~~te~ ~n t~e ~cip~
Store to ~ve ~ re~en~ to ~e up for lo.~ of reve~ from
~~ ~e O~ty of Ool~_~i~ ~i~ts ~s ente~ ~to a
~OV~i~ a pre~se~ f~ its ~ci~&I L~r Store, which Lea~e
oas to ~ ~ l~h ~ of ~er. 1935; ~,
~~ It t. neCe.~ to or,er ~e f~t~ea for the
~r St~e at on~ ~ o~r tO CO~ o~ratt~ w~n t~
at~ta to ~, ~ ~ao tn order t~t ~e ~r ~tore ~e ~n operation
~IS O~OIL ~, ~d ~r this preamble ~es t~t ~ ~-
gen~ e~sts for ~e ~ate prese~ation off ~!ic pete
and that in or,er to prom~tl~ meet ~rach emergenc~, it is necees~ tO
Pas~e~ ~o~er ~, 1935.
Off ere6 ~: ~eve~son,
Seoonde6 b~: Wohlfor~.
'Section 1. ~t the Oit~ ~er be, ~ he hereb~
enter into a contract with the E. ~. Nelson Store
Oo~ of 1~ V~ ~en St. N. E. ~ea~lis, for the f~i~ of
a b~ ~d f~ee for the ~eip~ ~r Store in accor~ee ~$ the
· ME~Y D~BT OERTI~ZCATE.
T~E 0ITT OF 00LIY~IA ~ZGHTS DOES 0~N:
~ecticn 2. ~at the 0ity Coune~l of the City of Col?~.~i~ Heights,
~ate of a~ per e~t ~r ~ ~terest'' te be ~a~le at t~ ~t~tF of s~ Oer-
t~i~te, to Be in ~er one (1), ~d ~1 ~e ~bte ~ to ~th princi~
interest a~ the C~tral Natic~ ~, ~ the City of Mi~eapolts, Mt~esota,
That sai~ certi£ic~te ,hall be in iubltantiall~ the following form:
~TED STATES OF AMERICA
S~A~E OF M~ESOTA
Cl~f OF
NO. 1.
This ia to certLf]~ that the Cit~ of '0olumbi~ Heights, in the 0c~nt¥ of
~ an~ Sta~e of ~e~ota, ia ~te~ ~ ~ for ~ reeeive~ ~re~
~te hereof ~il ~i~ at t~ rate of l~ per cent ~r ~ upon presentatibn
~ a~r~r of this Certifficate.
This Oertiftcate for $_ ~5.00 !e issue~ 'm~ sai~ City of Oo~mmbia Heights,
~eeot~, to provide for te~r~ d~iet~ciee in the
receipts from t~es ~ ot~r eo~cea ~ from ~orzeen ca, es ~eco~ in-
~fiei~t for the o~~ e~enae~ Of t~ City ~ i~ ~e~ ~~t to t~
t~r~ e~Ii~ ~ in ~1 CO~O~t? therewith in ~cor~Ce with t~ provisions
It is here~ 0ert~fied an~ Recited that all acts, con~ition~ an~ t~ r~
~e~ ~y the ObeYer of a~ 0ity ~ ~ t~ Consti~tion ~ ~s of t~ State of
M~eso~, to ~ve ~en ~, to ~ve ~e~ ~d to ~ve been pe~o~, prece~nt
to ~ in is~ce of ~h[~ oe~ift~te ~v~ been=~ne. ~ve ~ene~ ~ ~ve ~een
gear ~th ~1 ot~r indeD~e~ess of the ~ Oit~ ou~st~ng on the ~te ~reof
~oe~ not ~cee~ ~ Consti~tio~, st~tuto~ or o~rter li~tatton of in~ebte~s~.
In Witnes~ whereof, sai~ City of 001umbia Heights, .~z%o]~.~ County, Minnesota, by
its Co, oil, ~s eau~e~ this certificate to be exe~te~ in its
~ City ~er, ~ co~tersi~ ~y the Cit~ Clerk, ~ se~ed with its offio~
· e~, ~ ~s c~u~ed this oert~ic~te to ~e ~te~ aa of ~he .... :..~ of . .
~ectton 3. ~t this ~o~f~ate ~1 be ~te~ ~ be~lf of s~ 0it~
~r, ~ co~tersi~e~ by ~he 0it~ Cl~r~ ~ ze~e~ with offict~ s~l of sai~
Clt~ ~ the f~l faith, cre~t ~ ~so~CeS of eai~ Oit~ s~lI
i~evocab~ ple~ed to the p~t ~ f~l~ p~ent of both princtp~ ~ interest
of sai~ cert~icate ~n it becomes d~.
SeCtion 4. That the 0fry Treasurer be a~[ she hereby is authorize~ an~ &irectAd
to sell aai~ certificate at not less than par value an~ a~z~ue~ i~terest.
2ecticn 5, That this Council-here~j~ ~ecla~e~ that an emergen~ ~sCs for t~
p~t i~ce of ~ ~rgen~ ~t Oertiffi~te owi~ to the fa~t t~ receipts
from t~es ~ othe~ so~e's ~Ve ~rOm ,~*orseen ea~es beco~ ins~ficien~ for the
e~ase~ of ~
Section 6, That this or~iz~uce 'b~ necessary for the ime~i~te preservation
the public peaCe, h~alth an~ .~a~etM is hereby declared to be ~n emergenc~
Of£eredbz~verson
Roi1 call- A~es: Severson, Miller, Wohlford, Tema.
Offe~e~t b~
Roll oall - ,~,t Severson, ]~a$~et$., i~ohlford~, Temp.
the ~s ~her~n, ~ tt t~ ~ei~le ~ benefiei~ to the Oity of Ool-
~ia ~i~ts, ~sota, tO invest ~e~a in the Sl~ ~t ~ aait ~ergency De~t
Oe~t~icate.
~ ~~~ BE IT ~$O~ ~ t~ Oity Co.oil of t~ City of Ool~bia
Height~ t~t ~5.00 be eol~ to the
~T~ ~~ t~t' t~ Ott~ Trea~r ~e and she ~re~ ts au~ze~
~d ~cte~ to ~ the neoesz~ tnves~nt in ~cor~ce ~th ~is Resolution.