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RESOLUTION RESOLVED by the Village Council of the Village of Falcon Heights, Minnesota, as follows: 1. It is necessary and expedient to borrow money, there not being funds available therefor in the public treasury, for the purpose of obtaining funds for the construction of a combination village hall and fire hall, in the amount of X40,000.00, or so much thereof as may be necessary, and that the village issue and sell its negotiable coupon bonds in the said amount of X40,000.00, or so much thereof as may be necessary, said bonds to mature serially and to be in such d®nominations as the Council may hereafter determine, and to bear interest at a rate not exceeding six per cent. per annum, all of said bonds to be issued for the aforesaid purpose, for the payment of which bonds the full faith and credit of the village shall be, and is hereby, pledged, laid issuance and sale of said bonds to ~~ be submitted to the voters of said village at a special village election to be called and held on the 26th day of April, 1949. 2. That it is necessary and expedient to borrow money, there not being funds available therefor in the public treasury, for the purpose of obtaining funds to purchase fire equipment for the village, in the amount of X5,000.00, or so much thereof as may be necessary, and that the village issue and sell its negotiable coupon bonds in the amount of 5,000.00, or so much thereof as may b® necessary, said bonds to mature serially and to, be in such denominations as the Counci may hereafter determine, and to bear interest at a rate not exceeding six per cent. per annum, allp.of said bonds to be issued for the afore.. said purpose, for the payment of which bonds. the full faith and credit of the village shall be, and is hereby, pledge d, raid issuance and sale of said bonds to be submitted to the voters of said village at a special village election to be called and held on the 26th day of April, 1949.