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HomeMy WebLinkAboutOrdinance 149RESOLUTION A Resolution Determining to M~ke the Following Local I:~orovement to be Known as Local Improvement ~o. Being the LocJ1 Improvement of Certain Streets in the City of Columbia Heights by th~ Application of a Tarvia Surface ~hereto. THE CI_TY OOL~CIL OF THE CITY OF OOLD~,~IA HEIGHTS HEREBY RESOLVES: Section 1. The City Council of the Oity of Columbia Heights hereby de- termines to ra~:e the followin~g local improvement, to be known as Local Improve- ment No. , to-wit, the ~oplication of Tarvia to the ~urface of the following streets in the City of Columbia Heights: ~ ~ 0,*~ 1. Tyler Street from 37th Avenue to 39th Avenue 39th ~¢enue Trom Central Avenue to Van Buren Street 3. Fifth Street from 42nd Avenue to ~4th Avenue Sixth Street from 42nd Avenue to 44th Avenue Sixth St~-eet from ~Oth Avenue to 42ud Aven~ue Van Buren Street from $Tth Avenue to ~Oth Avenue 42nd Avenue from Central Avenue East to snd including Lot 9, Block 4, Reservoir Hills Seventh Street from 41st ~enue to 42nd Avenue 4~rd Avenue from Central Avenue east to and including Lot 41, Block 2, Reservoir Hills Section ~. That the City Manager be directed to estimate the cost of said improvement and to draft a list of the several lo~s and parcels of land fronting upon and adjacent to such proposed ~mprovement which are benefited thereby, together with the names of the owners of the serveral parcels, as nearly as can be ascertained; further,.tb~t the said City Manager report back to the City Council upon the said improvement as soon as may be. Dated this ~ day of ~ :.. Secretly ~/the Co~cil Roll Call: ~es PREA~,~E TO ORDINANCE NO. !~ ~'~$_ereas, it is necessary, pursuant to Section VV of Chapter 8 of the City Charter for this City, to issue its Certificates of Indebtedness to defray the expense incurred or to be incurred in making Local Improvement No. ; and Whereas, said section provides that the ordinance for the issuance of s~ch cer~ficates may be passed and enacted as an emergency ordinance; 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 promptly meet such emer- gency it is necessary to pass Ordinance No. 14~ as an emergency ordinance · Adopted by the Council August 9th, 1938. Seco=deal byg Wohlford ~ .... - }~Fayor Roll Call: Ayes: Bentzen, Pritchard, Wohlford, Bassett Nays: Eone ORDINANCE NO. 14~ An Ordinance Authorizing the Issuance of Certificat~ s of Indebtedness in the Amount of ~4100.00 to Defray the Expense Incurred or to be Incurred in ~,iaking Local Improvement No. , and Fixing the Term Thereof. The City of Columbia Heights does ordain: Section 1. That this Council hereby finds and determines that there was heretofore duly and legally ordered to be made a certain local improvement, known and numbered as "Local ImDrove- ment No " and that the expense incurred or to be inctlrred in · , the making of said improvement is the sum of ~4100.00. Section ~. That in order to defray the expense incurred or to be incurred in the making of said local improvement it is nec- essar~ at this time to issue the City's Certificate of Indebted- ness in the amount of ~4100.00, and this Council hereby determines to issue such certificates in said amount. That said certificates ~~ /~', 1938, shall bear interest at the shall be dated rate of ~--per cent~per annum, payable semi-annually on the days of and ~ ~ ~/in each year, and shall be pay- able as to both principal and interest at the Columbia Heights State Bank, in the City of Columbia Heights, i~innesota. Section $. That said certificates shall be numbered, and in denominations, and bearing maturing dates as follows: Section 4. / That said Certificates of Indebtedness and the coupons thereto annexed shall be in substantially the following form with the necessary variations as to numbers, denominations and maturities, which said form is hereby approved and adopted: IEfITED STATES OF Ai~ERICA STATE OF igINI~ESOTA COU!,~TY OF ANOKA CITY OF COLU~,[BIA HEIGHTS CERTIFICATE OF INDEBTEDNESS Know all men by these presents, that the City of Columbia Heights, Anoka County, i~innesota, certifies that it is indebted and for value received hereby promises to pay to bearer, the sum of ....................... Dollars (~ ........... ) on the ...... day of ............. , 19..., together with interest thereon from the date hereof until paid at the rate of ..... per cent per annum, payable semi-annually on the ...... day of ................ and ............. in each year, in accordance with and upon presenta- tion and surrender of the attached interest coupons as they sever- ally become due. Both principal and interest of this Certificate are payable at the Columbia Heights State .Bank in the City of Colum- bia Heights, I~innesota, in lawful money of the L~nited States of America and to provide moneys for the prompt payment of such prin- cipal and interest as the same become due the full faith, credit and resources of said City of Columbia Heights have been and are hereby irrevocably pledged. This Certificate of Indebtedness is issued by said City put- s-cant to and in full conformity with the Constitution and laws of the State of }~iinnesota and the provisions of the Charter of said City thereunto enabling, and is issued for the purpose of defray- ing a part of the expense incurred or to be incurred in the making of a local improvement in said City, all as described and set forth by Ordinance No. 14~ of said City duly passed and enacted on the 9th day of August, 1938. It is hereby CERTIFIED and RECITED that all acts, conditions and things required by the Constitution and laws of the Sta.te of ~linnesota and the Charter of said City to have been done, to have happened and to have been Derformed precedent to and in the issu- ance of this Certificate of Indebtedness have been done, have hap- pened and have been performed in regular and due form, time and manner as required by law, and that this Certificate of Indebted- ness, together with all other debts of said City outstanding on the date hereof, does not exceed any constitutional, statutory or charter limitation of indebtedness. in Testimony V,~ereof, the City of Columbia Heights, Amoka County, i~[innesota, by its City Council, has caused this Certificate of Indebtedness to be signed by its I.,{ayor and City ~;!anager and countersigned by its City Clark and sealed with the seal of said City amd the interest coupons hereto attached to be executed and authenticated by the facsimile signatures of the .~4ayor and City ~.~anager and has caused this Certificate of Indebtedness to be dated as of the ..... day of ............ , 1958. ~a yor City of Columbia Heights, ?~innesota Countersigned: City Clerk City Manager (Form of Coupon) ....... .......... of-/. ......... ( 19... the On the ..~ . day City of Columbia Heights, Anoka County, .~i[innesota, will pay to bear- er at the Columbia Heights State Bank, Col~mbia HeiSts, L~innesota, the sum of ...................... Dollars, being the semi-annual installment of interest then due on its Certificate of ~debtedness, dated .,~; .............. , 1938, No ............... ~ ~ayor City L~anager Section 5. That said Certificates of Indebtedness shall be signed by the ~gayor and City ~[anager and countersigned by the City Clerk and sealed with the seal of said City and that said interest coupons thereto attached shall be executed and authenticated by the printed, lithographed or engraved facsimile signatures of the ~iayor and City l¥[anager. Section 6. That the fullifaith, credit and resources of said City of Columbia Heiglats be and they are hereby irrevocably pledged to oprovide moneys for the prompt payment of the principal and inter- est of said certificates as such prinoipa! and interest respectively become due. ~ Section 7. That said Certificates of Indebtedness be used in making payments on contracts for the said improveinent and if the moneys received from assessments levied for such improvement are insufficient to meet the payment of principal and interest of same, the Council shall provide the moneys for such payment. Section S. That this Ordinance shall take effect immediately upon its passage. Passed by the Council August 9th, 1988. Roil ¢~li ~ ~ .... Roll Call i.~[ayor Secretary to the Co~nci!