HomeMy WebLinkAboutOrdinance 14Sr~ '~rt~ 'v' 0-~ MINNESOTA )
') ss
I, WM. LEI,TOM Tzeasu~ ez
of the 0ity of COLL~B!~A_~IGHTS , do hezeb: certify
that the amom%t of indebtedness outstm~ding against the
Ci'~ of COLg~BIA HEIGHTS
the st~m~ of
consisting of the following:
in said Oo'~mty and St~, e is
IN 5IITNESS WH;~EOP, I have heze~mt~set my
h~d this ....... day of 'DEO~{BER 1922.
day of
Subscribed and sworn to before me th.is
DECEMBER 1922.
~,~ 0olmnission expires
No z'a~'y -P'~o !To '
ANOEA Oounty
I~INNESOTA
CERTIFICATE ;2~D AFFIDAVIT OF $IGNATUt~ES
- ), ss
cOUNTY OF ANOKA )
WE HEREBY CERTIFY, that we did officially sign the
$ 20,000 Certificates of THE CITY OF COLU~{BIA HEIGHTS, ANOKA COUNTY, STATE
· OF MINNESOTA?~dated DECEMBER 1, 192~, and numbered from ONE to TWENTY, both
inclusive, being then and now the duly Chosen qualified and acting officers
indicated therein, and authorized to execute the same.
We do hereby further' certify that there is no litigation
of any nature pending or threatened, restraining or enjoining the issuance and
delivery of said bonds; or the levy ~and collection of the taxes to pay the
priucipal and interest; or in any manner questioning the proceedings and author-
i%y by which same is made or affecting the validity of the bonds thereunder; and
That neither th~ corporate existence nor boundaries of
said CITY OF COLUMBIA HEIGHTS, nor the title of the present officers to their
respective offices, is being contested.
_.,/~_ Done and delivered at COL~{BI A HEIGHTS , MINNESOTA
this/~---d. ay of DEC~ER, 1922.
..~ .[~..~SIG;~ATURES: OFFICIAL TITLE:
STATE OF MINNES(~A !
SS
COUNTY OF ANOKA )
.................. . .y
, ~ ' , y q 1 lied ~d acting
officers o~ s~i'd~ CI~ ~ COL~IA HEIGHTS , M~N~OTA, and hold the offices
indicated by the titles appended %o ~heir res~c%ive signatures on the _$20,000
Certificates referred %o, dated DEC~{BER 1, 1~22, -
~ftant further says on oath tb~% he has ex~ined one of the Certificates
.... .,
Subscribed and ~orn to be, fore me this /~ ~ay o~DEC~Ek, 1922.
. N~tarY Public
~0~ CO~Y, EINNES~A.
STATE O~ ~s/mso~A )
q~u~ltfied stat1 aCt~in~--OIe~k b~' ~J:~ ~%~" of COL~BIA HEIGHTS
ce~lZy-~-a~--~'~--~V ~cunell-OZ ,~ai~: Oily "~'s ComPOsed o~
foll~iz~ who were elected, and w~ te~me expire ~cao~ding
to date set opposite theiz zespective ~mes:
! fm-the~: ce~fy ghat the said~¢i~ ~s an oi~ioi~
is tbs ozz~a~ n~spape~, I ~e~ ce~ziZy Zh~Z'
~S a popul~tiOn of mbcut, ~0o0 people. ~ fuz~ ceZtify
t}m,t maid ~ity Was o~ganiz~ /~ ,~ . p~-
law, I E~o~ ce~y ~ ~e is no litigation p~d~g
e~ 2~ea~ened qu~stion~g the ~ight~ ~ t~e m~be~s of the
City C~n~il to ~ei~ ~e~.~[~ positions on the cmncil
of the offflce~s tc ~h~i~ ~s~ee~ive orifices, no~ is ~he~e ~y
litigation pendi~ e~ ~h~ eate~ed te ~est~ain the i ss~nc e
~y ~oposed bonds, no~ the l~Y of a t~ to p~ the
d!n witness whereof Ih ave h~e~ set ~ ~nd this
Columbia Heights, Minnesota.
, 192£.
Minutes of meeting of the 0ity Council of the City
of Columbia Height s. A~oka 0ounty. ~linnesota.
A . ~meettng of the 01ty Council of
the 0ity of Columbia Heights. Anokm 0ounty. Minnesota was duly held
pursuant to legal notice on the__ . day of 1922
at o'clock .... M with members present as follows:
Members present Members absent.
.offered the following ordinance
~RGENCY ORDINANCE NO...
"AN Ot~DIt~ANCE AUTHORIZING AND DIREOTING ~
ISSUAtVOE AND SALE OF EMERGENCY OERTZFICATES
01~ INDEBTEDNESS OF THE CITY OF COLUMBIA HEIGHTS
IN ~tE AMOUN~ OF ~ .,,
~HEREAS, because :of the unusually rapid and unforseen growth
of the 0itY dur~lng the present year ~he expenses of the City have been
increase~ in the sm,ant of $20.000 over and'above the amount appropriated
therefbr ~hrough the budget and the receipts from taxes and other sources
have become inmlfficient to meet the ordinary expenses of the 0ity to
the extent of said smount and the City is now without means to carry on
~ p~y the cost of' 0ity government and
WHEREAS, the Council hereby fluds and determines and declares
that by reason of the foregoing ma emergency exists,
NOW, THEREFORE, the City of Columbia Heights does ordain:
SECTION 1
~hat the City off Columbia Heights, Anoka County, ~inuesota
does hereby direct the issuance 0f its emergency debt certificates in
the aggregate amount o f $20,000, to be dated as of the 1st day of Decem-
ber, 192E, to bear interest at the rate off 6% per annum, interest payable
at maturity of said 0ertificates, to be ~4mbered from one to twenty, both
numbers inclusive, to be callable on thirty d~vs notice and to absolutely
mt~zre on the 1st day o£ December, i~E3, said 0ertificates to be signed
in behalf of said City by the Mayor and attested by the City Clerk and
sealed with the official seal of said City.
SECTION ~
That said Certificates shall be in substantially the following
form:
STATE 0 F MINNESOTA
CITY OF COLUMBIA HEIGHTS
E~ERG~CY CE~IFICATE OF INDEBTEDNESS
NO.
.... icoo
THIS IS ~0 CERTIFY TM~T THE City of Columbia Heights,
in t~e County of Anoka and State of Minnesota, for value received hereby
promises to pay to bearer the sum of $1000 at the Me~r~-~['[tan National Bank,
Minneapolis, Minnesota upon surrender of this Certificate of Indebtedness, on
the lat ~ay of December , 19~S', with interest thereon from date hereof until
paid at the rate of $% per annum, interest payable at maturity and for the
prompt payment of the principal and interest of this Certificate the f~ll
faith, credit and resources of said 0ity are hereby irrevocably pledged.
This 0ertificate is subject to call on thirty days notice after May 1st,
THIS OEBYIFICATE is one of a series of twenty Oert-
lficates of like amount, effect and tenor all issued by the City of Columbia
Heights, for the purpose of providing for temporary deficiencies in the rev-
enues of the City dme to unforseen causes to cover current expenses for the
year 1922, and is issued pursuant to the City 9harter of said City and Emer-
gency Ordinance No. 14, passed by the 0ity Council of said 0ity on the 8th
day of December, 192E and pursuant to a~d in full conformity with the t~s
and constitution of the State of ~innesota now in force.
IT IS HEREBY CERTIFIED that all acts, conditions and
things required by the 0ity 0barter and the laws of Minnesota to have been
fully compled with~
IN WITNESS WEh~EOF said City of 0olumbim Heights, Anoka
Couaty, Miaueeota has caused this 0erti£icate to be signed by its Mayor,
attested by its 01erk smd the coz~orate seal attached thereto and has
caused this ~ertificate to be dated am of the 1st day of December 1922.
Nayor
Attest:
Olerk.
That a tax sufficient to redeem all such Certificates at
mturtty shall ~e levied as required by the Otty Charter.
SEOTION 4,
That ~hc City Treasurer is hereby instructed to negotiate
the sale of said Oertificates at not less than par and accrued interest.
SECTION §.
That this ordinance being necessary for the immediate
preservation of the public peace, health and sa£ety an~emergency
is declared and this ordinance shall take effect and be in force on
and after its first reading and passage.
Attest
Clerk
moved that the emergency defined and
~eclared tn the preamble to said ordinances be agreed to ma~t declared
to exist, On roll call upon the adoption of this motion members of the
Council voted as follows:
....... moved the adoption of the ordinance
and the same w~s put upon its passage and the vote thereon was as follows:
The ordinance was then deeiared to be psssed an~ adopted.
STATE 0 F ~INNESOTA)
) ss
COUNTY OF ANOEA )
, being the duly elected,
Qualified and acting Olerk of the Oity of Oolumbia Heights, ~oka
Oounty, Minnesota ~ ~reby certi~ ~a~ ~he foregoing is a t~e ~d
~ect ~py of the minu~es of the City Co~cil of said Ci~ at ~hetr
~eting held on t~ ..... day of
-- ~ . , 1922 in the
~tter of the Is~ance and sale of ~he$ ~.~rgen~
Cer$tfi~tes of Indebtedness of said Ci~.
~ %~I~ESS ~F I her~nto se~ ~ ~nd and affix the
o~ictal se~ of my or, ce this ~_~y of
1922.
Oi~ y 01erk
SEAL