HomeMy WebLinkAboutSept 29, 19360~IOIAL PROC~DINGS
Special meeting cal~d to order Sept. 29th at the City Offices at 8 P.N. All members
present.
The 0ity Council of the City of Columbia Heights, Anoka County, Minnesota, met on the
29th day of Se0t. 1936, at 8 P.M. in said City. TbS ~eeting w~s called to order by the
Ma,,or and u~oon roll call the following members were found -
Present - Bassett, Niller, Se~erson, Wohlford, Te~.. Absent -
Thereupon Councilman Wohlford, introduced the following resolution and mc~d its adoption:
Whereas, this City ~ms heretofore determined to ref~tud all its .outstanding bonds exceot its
City H~ll Bor~ds which wer~ sold directly to the State, and ~ere~s, ~ll oi~ said bonds so
proposed to be retired have been retired except $6,000.00 5 3/5~ Waterwork~ bonds and
$16,000.00 6~ Refunding Bonds, and ~erems, it now a~?'~.e~.rs theft t~e Sta~e of Min~esota holds
in one of its Trust Funds the ~16,000.00 Refunding ~onds which ere purch~.~sed at a y~eld
basis of 5~, and ~ereas the City cmn save a great ~e~.l of money at this time by re-our-
chasing s~id ~16,000.00 Refunding Bonds ena 5~ yield bmsis. Now ~he~efore, Be it Resolved
by the City Council of the City of Columbia Heights, ~nok~ County, Min~.~esot~, that the City
Treasurer be and she hereby is authorized and directed to ourchase from the State of Minne-
sota if possible, such $16,000.00 Refunding B~nds at ~ 5% yield basis, and the money nec-
essary to ~ay the oremium and interest thereon is ~ereby approoriated from the Sinking
~h~nd. Adopted by the Council Se0tember 29, 1936.
Mary Edwards ~*.~v Te~=
M~yor
'Secret~ry to the Council
Cotu~cilman Niller seconded the motion to adopt said resolution and upon roll call the
same w~s adopted by the fol.~owing vote: Ayes: Bassett, ~iller, Severson, Wohlford, Tema.
Na~vs: None.
.~he City Council of the City of Col~bia Heights, Anok~ County, ~innesota, met on. the
29th d~ of Sept. 1936, at 8 P.M. in said City. ~ne meeting was called to order by the
Na~or and upon roll c~l the following members were found - Pr~.~sent: Bassett, ~iller,
Severson, Wo~lford, Tema. ~bee~: None.
Thereupon Councilman Wohlford, inteoduced the following resolution ~ud moved its adoption:
Whereas, this City did under d~.te of July l, 19~9, duly authorize and issue $12,000.00
5~% Refunding Bonds and by ordinance adopted June ll, 1929, did levy a tax for the payment
of said bonds, which tax w~s certified to the County Auditor on June l?, lC~29, and ~nereas
this City did under date of June l, 19~0 duly authorize ~d issue $49,000.00 6% Refunding
Bonds and by ordinance adopted N~ 16, 1930, did levy a t~m for t~e 0a~ent of said bonds,
which tax was certified to the Co~uty Auditor on ~ay 28, 19S0, ~ud '~ereas, arrangements
have been made for the refunding of all of said bonds and oayment there£or in cash by means
of..a loan from the State Board of Investment and t~e St~.te will levy t~xes directly for the
p~ment of the new bonds, Now, Therefore, Be it Resolved by the City Council of the City of
Columbia Heights, A~oka County, ~inneeeta, that the tax her~tofore levied for the aforesaid
$1.~,000.00 Refunding Bonds and $49,000.00 Refunding Bonds be and the s~e is in all things
recinded and annulled and the C~..unty Auditor be an& he hereby is authorized and directed
to strike said t~x from ~he rolls. TLat the City ,,~lerk be and s~.e ~ereby is authorized and
directed to transmit a certified copy of tLis resolution to the Co~n~ty Auditor.
Adopted by the City Council, Sept. 29, 1936.
Mary Edwzrd~
Secretary to the City Council
M~'or Peter Tema ,
Co'oa':cilm,~'a Bassett seconded_ t?.e ;~mtion to ~.dc,ot said resolution ~u~d u!:or~ roll call
the s~..ue w~s adopted by tl~e following vote:
A~-es: B~.cset~, l,!il!er, ~everson, Wohlford, Ten~a. Nays: None.
The Cit.¥ Council of the City of Co!umbi~ KeigLts, Lereby resolves: Tha~ the attached
assessment roll for the surf,~.cing dj' 5tl~ St. from 4~th Ave .~. E. to ~_2°nd Ave. N. E.
and Gould Ave 'I~rom Central Ave. to' Reservoir Blvd.. be tr~:~smitted to the Co~uuty Audi-
tor for collection. T;'~at ~he City Clerk be ~utl-~.or~zed ~.'~ directed to so tra~usmit in
accord~'~ce wit!~ this resolutio:~_. ~ Of'fered by Severso~,, seconded by '~fhhlforc~
Roll c~ll - ~Jes: B~:.ssett, l~il!',_~r, Sew. rsou, W~lford, Te~r~. l,~y~: ?the.
~,'~notion to adjourn 'o~.~ Sever.~of.., seco~:ded by Woi~lfor~l.
Secre~.~-S to .~llCouncil