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1990-085 Council Resolution
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1990-085 Council Resolution
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Last modified
1/25/2016 1:48:08 PM
Creation date
1/25/2016 9:21:59 AM
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City Council
Council Document Type
Resolutions
Meeting Date
12/10/1990
Council Meeting Type
Regular
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6.3% for $17,500.00 Certificate due <br />6.4% for $17,500.00 Certificate due <br />6.5% for $17,500.00 Certificate due <br />6.6% for $17,500.00 Certificate due <br />6.7% for $18,500.00 Certificate due <br />January <br />January <br />January <br />January <br />January <br />1, 1992 <br />1, 1993 <br />1, 1994 <br />1, 1995 <br />1, 1996 <br />to the Firstar Stillwater Bank in the form of single typewritten <br />fully registered Certificates of Indebtedness, bearing interest <br />as set out herein, all interest payable on July 1, 1991, and <br />January 1 and July 1 thereafter to maturity. Such Certificates <br />shall mature serially on January 1 of each year commencing <br />January 1, 1992. <br />Such certificate shall be in substantially the follow- <br />ing form: <br />UNITED STATES OF AMERICA <br />STATE OF MINNESOTA <br />COUNTY OF ANOKA <br />CITY OF LINO LAKES <br />No. R-1 $ 17,500.00 <br />Equipment <br />Certificates of Indebtedness <br />KNOW ALL MEN BY THESE PRESENTS That the City of Lino <br />Lakes, Anoka County, Minnesota, acknowledges itself to be <br />indebted and for value received hereby promises to pay to <br />Firstar Stillwater Bank, Stillwater, Minnesota or registered <br />assigns, with option of prior payment, the principal sum of <br />SEVENTEEN THOUSAND FIVE HUNDRED DOLLARS on the 1st day of <br />January, 1992, in such coin or currency of the United States of <br />
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