HomeMy WebLinkAboutOrdinance 250 PREA}iBLE
PREAMBLE TO 0RDINANC~, #.~/~BEING AN
O~INANC~ ~MTITL~D, "A~~ANCB
AUTHORIZING THE SA~ BY ~ CI~
CERTIFICATE." '
WHEREAS, it became necessary to properly carry on the
functions of Municipal Government of the City of Columbia Heights to
obtain additional road equipment, and
WHEREAS, there are insUfficient monies in the city treasury
to pay the costs thereof and the city is therefore without funds to pay
for said equipment:
THIS COUNCIL hereby and under this preamble declares an
emergency exists for the preservation of the public safety and that in
order to promptly meet said emergency it is necessary to pass Ordinance
~as an emergency ordinance.
.Seconded bY:__~ /~_~/~~_~,'
Roll Call:
AYeS
NAYES
S c e ry to the~CoUnc~ )
1949.
Mayor
ORDINANCE NO. ~ ~
THE CITY OF COLUNBIA HEIGHTS DOES ORDAIN:
Section 1. That the City of Columbia Heights, Minnesota does
hereby authorize the sale by the City Treasurer of~;~-fl~mergency
debts certificate, to be dated '.;~-~.. ~/./~/~ ~ , to--bear interest
at the rate of...~. % per annum, interest to be payable at the maturity of
said certificate, to be number One (1), and shall be payable as to both
p~in~Ip~l ~nd Interest ~t the 0olumbia Heights State Bank in the City of
Columbia Heights, Ninnesota and shall mature on the ~day of~Z~ /~
That said Certificate shall be in substantially the following
form.
hTUMBER
D OLLA RS
UNITED STATES OF AMERICA
STATE OF MINNESOTA
COUNTY OF ANOKA
CITY OF COLUNBIA HEIGHTS
EMERGENCY CERTIFICATE OF INDEBTEDNESS
THIS IS TO CERTIFY THAT THE CITY OF COIUMBIA HEIGItTS, in the
County of Anoka, State of Minnesota, for value received hereby promises
Si at the
to pay bearer the sum of ~a · .
Co!umb Heigf~ts, ~inneso~'a, upon surre~de-~ o£' th'is
Cer~i~'fca~e'"ot' Indebtedness, on the , with interest thereon
from date hereof until paid at the r'ate of~ per cent per annum, interest
payable at maturity and for the prompt pay~of the principal and
interest of this Certificate the full faith, credit and resources bf said
City of Columbia Heights are hereby irrevocably pledged.
IN WITNESS WHEREOF said City of Columbia Heights, Anoka County,
Minnesota has caused this Certificate to be signed by its Mayor and City
Manager and countersigned by the City Clerk and sealed with the seal of
said City, and has caused this Certificate to be dated as of the
19 .
Attested:
City Manager
'city Clerk
It is hereby certified and recited that all acts, conditions
and things required by the Charter of said City and by the Constitution
and Laws of the State of Minnesota, to have been done, to have happened
and to have been performed precedent to and in issuance of this
certificate have been done, have happened and have been performed in
regulation and due form, time and manner and that this certificate,
together with all other indebtednesses of this city outstanding on the
date hereof do not exceed, any constitutional, statutory or charter
limitation of indebtedness.
IM WITNESS WHEREOF the~City 'of Columbia Heights, State of
Minnesota, by its council, has caused this certificate to be issued
in its behalf by its City Nanager and ~ayor and couutersigned by the
City Clerk and sealed with the seal of said city, and has caused this
Certificate to be dated
Section IT. That"this certificate shall be executed in
behalf of said City by the ~ayor and City Nanager and countersigned by
the City Clerk and sealed with the official seal of said City and the
full faith, credit and resources of said City shall be and hereby are
irrevocably pledged to th~erfo~mance and full payment ~of both principal
and i~nterest of said certificate when it becomes due.
Section III. This Ordinance being necessary for the immediate
preservation of public peace, health and safety hereby declares to be an
emergency ordinance and shall take effect immediately upon its passage.
Passed this ~ day of ~
Roll Call: Aye/~~
Naye s ~~~
Nayor