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T1~+.7VLU1'1191Y ~~UH 'rte 1SSUANOL'~ OF TAX ANTICIPATION ~ ~- <br />CERTIFICATE OF INDEBTEDNESS AGAINST THE FIRE <br />PROTECTION FUND FOR THE PURPOSE.OF FINANCING <br />THE PURCHASE OF FIRE EQUIPMENT FOR THE VILLAGE <br />~F FALCON HEIGHTS, MINNESOTA. <br />BE IT RESOLVED by the Village Council of the Village of <br />:Falcon Heights, Minnesota, as follows: <br />1. It is hereby d®ter~nined that it is advisable, expedient <br />and necessary to issue a tax anticipation certificate of indebtedb` <br />ness against the Fare Protection Fund For the purpos® of financing' <br />the purchase of fire equipment for the Village. <br />2. For this purpose th® Village shall issue, negotiate and <br />Bell its tax anticipation certificate of indebtedness in the amot;u~ <br />of X10,000.00 to bear interest at the rate of 2~ per annum, said <br />interest to be payable six months after the date of the certificate <br />and on January 15, 1951, the said principal ~ ount and accrued <br />interest thereon to be payable'on or before January 15, 1951, the <br />Village having the privilege of making pay meets on account of prin- <br />cipal at any time in multiples of X500.00. <br />3. The certificate to be issued hereunder shall be in sub- <br />stantially the following form; <br />U1~ITED STATES OF AMERICA <br />.STATE OF ~3INNESOTA <br />COUNTY OF RAMSEY <br />VILLAGE OF FALCON HEIGHTS <br />X10,000.00 TAX ANTICIPATION <br />CERTIFICATE OF INDEBTEDNESS <br />KNOW ALL MEN BY THESE PRESENTS that the Village of Falcon <br />Heights, Ramsey County, Minnesota, certifies that it is indebted <br />and for value received h®reby promises to pay to <br />or order, the sum of <br />10,000.00, on or before Jana-ary 15, 1951, and to p~gr interest <br />thereon from the date hereof until paid, at the rate of 2f per <br />annum, interest being payable six months from date and on January <br />15, 1951. The Village is to have the privilege of making payments <br />on account of principal at any time in multiples of X500.00. <br />This tax anticipation certificate of indebtedness has b®en <br />issued pursuant to and in full conformity with the constitution <br />and th® laws of the State of Minnesota, under Sec. 412,261 M.S.A., <br />against taxes levied in 1949 for the Fire Protection Fund and not <br />yet collected. The proceeds of this certificate shall be used for <br />the Fire Prote~tan Fund in payment for fire equipment for the said <br />