HomeMy WebLinkAboutOrdinance 516 (2)NUMBER
UNITED STATES OF AMERICA
STATE OF MINNESOTA
COUNTY OF ANOKA
CITY OF COLUMBIA HEIGHTS
DOLLARS
EMERGENCY CERTIFICATE OF INDEBTEDNESS
THIS IS TO CERTIFY THAT THE CITY OF COLUMBIA HEIGHTS, in the
County of Anoka, State of Minnesota, for value received hereby prom-
ises to pay bearer the sum of $165,000.00 a~ the Columbia Heights
State Bank, Columbia Heights, Minnesota, upon surrender of this
Certificate of indebtedness on the rate of 4 per cent per annum,
interest payable at maturity and for the p~ompt payment of the
principal and interest of this Certificate the full faith credit
and resources of said City of Columbia Heights are hereby irrevoc-
ably 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 16th day of March, 1961.
Attested:
City Clerk
City Manager
It is hereby certified and ~ecited that all acts, conditions
and things required by the Charter of said City and by the ~onstitu-
tion 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 beeh performed
in regulation and due form, time and manner and that this certificate
together with all other indebtedness of this City outstanding on the
date hereof to not exceed any constitutional, statutory or charter
limitation of indebtedness.
IN 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 Manager and Mayor and countersigned by the
City Clerk and sealed with the seal of said City, and has caused this
Certificate to be dated March 15th, 1961.
Section II. That this certificate shall be executed in behalf of
said City by the ~aypr and City Manager 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 the performance and full payment of both principal and
interest 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 13th day of March, 1961
Offered by: McCline
Seconded by: King
Roll Call - Ail Ayes.
Secretary to City Council