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1992-136 Council Resolution
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1992-136 Council Resolution
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1/25/2016 4:30:21 PM
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1/25/2016 3:41:22 PM
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City Council
Council Document Type
Resolutions
Meeting Date
12/14/1992
Council Meeting Type
Regular
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3.75% for $100,000.00 Certificate due February 1, 1994 <br />4.15% for $ 50,000.00 Certificate due February 1, 1995 <br />to the Firstar Bank of Minnesota in the form of single <br />typewritten fully registered Certificates of Indebtedness, <br />bearing interest as set out herein, all interest payable on <br />August 1, 1993, and February 1 and August 1 thereafter to <br />maturity. Such Certificates shall mature serially on February 1 <br />of each year commencing February 1, 1994. <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 $100,000.00 <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 Bank of Minnesota , Lino Lakes , Minnesota or <br />registered assigns, with option of prior payment, the principal <br />sum of ONE HUNDRED THOUSAND DOLLARS on the 1st day of February, <br />1994, in such coin or currency of the United States of America <br />as at the time of payment shall be legal tender for the payment <br />of debts due the United States of America and to pay interest on <br />
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