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1982 <br />EXTRACT OF MINUTES OF MEETING OF THE <br />VILLAGE COUNCIL OF THE VILLAGE OF FALCON HEIGHTS, MINNESOTA HELD <br />ON SEPTEMBER II , 1963 <br />Pursuant to due call and notice thereof, a REGULAR <br />meeting of the Village Council of the Village of Falcon Heights, <br />Ramsey County, Minnesota, was duly held at the Council Chambers <br />in said Village. on SEPTEMBER it 1963, at~_o'clock F .M. <br />The following members were present: <br />HAROLD C. iVILSEN C. F'. STONE <br />GEORGE J. SHAVOR ~;~ILLIS I~~ARKENTIEN <br />and the following were absent : b~l . i~ . M o R T E N s o N <br />Member ~~II~LIS ~~IARKENTIEN introduced the following resolu- <br />tion and moved its adoption: <br />RESOLUTION PROVIDING FOR THE ISSUANCE AND SALE OF WATERMAIN <br />AND SANITARY SEWER IMPROVEMENT BONDS OF 1963 <br />BE IT RESOLVED by the Village Council of the Village of Fal- <br />con Heights, Minnesota, as follows: <br />WHEREAS, the Village Council of said Village has heretofore <br />determined to construct sanitary sewer, watermain and street im- <br />provements, and <br />WHEREAS, the Village Council has entered into contracts for <br />the construction of said improvements, <br />NOW THEREFORE, BE IT RESOLVED by the Village Council of the <br />Village of Falcon Heights, Minnesota: <br />1. The Village shall forthwith issue its negotiable coupon <br />eneral obligation bonds in the aggregate principal amount of <br />180,000, to be 180 in number, and numbered consecutively from 1 <br />to 180, both inclusive, in the denomination of $1,000 each, dated <br />October 1, 1963, and to bear interest from the date thereof until <br />the principal is paid at the rate of three and ten hundredths per <br />cent (3.100 per annum on all bonds maturing in the years 1965 to <br />1973, both inclusive, at the rate of three and forty hundredths <br />per cent (3.~+0~) per annum on all bonds maturing in the years 197 <br />to 1978, both inclusive, at the rate of three and fifty hundredths <br />per cent (3.500 per annum on all bonds maturing in the years 1979 <br />to 1981, both inclusive .and at the rate of three and sixty hun- <br />dredths per cent (3.60~~ per annum on all bonds maturing in the <br />years 1982 and 19$3, payable October 1, 196+ and semi-annually <br />thereafter on April 1 and October 1 in each year, plus additional <br />interest, represented by a separate set of interest coupons, at <br />