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HomeMy WebLinkAboutOrdinance 141 0ouncilman ~'~''~~ered the following preamble and ordinance and the same ~ras read in full: ~ereas, this Council did by Ordinance No. 137 duly authorize the issuance of $18,500.00 Certi~icates of Indebtedness~ ~d Whereas, it is now found necessary to change the date of issue and ~e date of maturity of Said Certificates. This Council hereby and under this preamble declares that an emergency exists for the immediate preservation of the public peace and safety and that In order to pro~t!y me~t such emergency It is necessary to pass 0rdinance~ No. /~ , ss an emergency ordinance. Adopted by the Counc~l ~ , . ~.yor Filed and Recorded with me this Secreta~of the Council /. ORDINANCE N0. An Ordinance Amending Ordinance No. 137 Relating to the Issuance of Certiflcste of In- aebtedness of the City of Columbia Heights, Minnesota. The City of Columbia Heights does ordain: Section !. That Ordinance No. 137 adopted by this Council J~y 27th, 1937, be and the same Is hereby amended so that the date of $18,500 Certificates authorized by the aforesaid Ordinance shall be October I, 1937 in place of August 15, 19~7. T~t said Certificates shall bear interest at the rate of 3~ per annum, payable semi-annually on the First ~ys of ~mrll and OctoBer in each year and that the ma- turlty date of said Certifloates s~a!! be October 1st In each of the several years from 1938 to 1947 In place of August 15th. -1 - Section 2. That this Ordinance shall take effect immediately upon its passage. Passed by the Council Mayor Filed and Recorded with me this Councilman ed ~he adoption of by the following vote: the ordinance ~,as adoot ed - 2 -