HomeMy WebLinkAboutResolution 2284CITY OF MOUNDS VIXWI M'vNKS0TA
ItEwl'UTION No, 12#4
'10ING A HOWWTION AUTHORIZINCI ANP hwApq)jN(l TliF
L3 p;trjVjj:.jp4C lilie y0f
a"?- of; AN I - _ -1. tMh, TFRMFh
c-OVINANTS PINI) DifigOl-lorls Poo $4,000,000
JEjtT Wyms,
TAX Gn_NF.RjkL_ OfILWATION Tk-!- lNCRKM
114SA, AND pixtIOING FOR THP SIKCURITY THRAPOV
p t TAX tgr
.-Remmianti
NO, 1 WiTHIN ITS ravF%0pMvmT DI"THI-1- Wul 1
fit tT l(z"'3_'VtD By IliB, CITY cou'.4m M -.Hg 07 THE
cjtiy OR mcutiDs VIVw' MINN& . t -.Tl, PoLL-OW01
40TA
_00ion-
tot
of her# 0 off adwiff
I (the ;urtlutt -waded-
fpata(apo i4opted a Tax lhapilMopt yinanalhS Plun f0f
ThcIPUtt Wh 'I't-7Z
toIM
Alm
ra m w-00-0-
0 ifr " �1= tw_- 44 Aft - W__
V114mI- t W_
mu
Ipmed. Alu
Ca v
tell
4"m
wnnil-m# Itiku ati. lk d#WAb*4_b_l_Irw
virp"
IWIAL"k—lar blik* ill th, atnaklia
havt boon *nmlnoa Me
Alinig bid$ for thl aldl Of
ttt tau r sild- 91 -
*rod I �60�tjj#.�
Id 4?0
(Atiaahtdl
242, Aft@r considering the bids received, the City of Mounds view Me
1#19 of jht, 66,you,000 Trxable Genaral obilgfttion Ifiii
'IffuW) haylby awards tf-
Int-Forment WMAI, UP1411 1918A (the ITIonds") 10 (tile
,,pjrohkj;vp") an I,* bi4dtr iffering lowebt r1i'l Int'$rrst cort UY It" 10
uperit.,tv the ficindr. at a Pritm Of S t" tho JR10
pit,
itilepl!N't at the rater, per annuin fW forth W&W.
doilviiiry, tho fir--nn4.. o over I
Thf, Cler'k-AdMinilltrillcur (if 110 1"'jap in dirnated tri rutum tile- good faith aheek 00
u a
Ayfntu at - Bunds, MCI
-Puj'uh&"r--P*ftd14l*- AM t- f Ahm, Qum t"
j the ullpitineligNI bidderss.
Lg, _The jillutter Shgil ig I.
g tho 3 da to the a#
W ragsto PrInGIP&I AMIGUM f
T01y riiijistered bondt W100 -ow
Wt J001114
Th - a g �ftdh �hojj b# in r- .1 Flu itiplr- tlareof Pot
o"ominatmirim of $5,000 or f'ri In r. 161 u V.1 I
ps - n f F9 An
Of d 111414 Msturitvt A nu. b t d to
opwapda 0mr rt"gstjisnaef 4n.- t bsr1-Ftmemt-Ft-ttW**t*b.-**t forth bolowu
I# pilq ofi #1#0
h F#hytjgry� I u.T-.d / Auirulit I! August 1,
MgtUpo on P 4-rlj_llf� I-ifl thill Y@*
P-6- anal M-mu-4640%,rWal
XW AM=
wd- Ogg
1193 250,000 109? 675:000
-OW__ -&A R -MA
144
111W *DVIUUU
fit for Febli
AP7 ty
7--
64-11 be -Ov"Ilt RVIK-21AWW
OF-: W A-1
*U[OFs� end
i _00bW
L
E2 No d
14
Intoroot th on. 1, a
ItIod-rods flort- did- ore
Imat to- soar I
vt at- or NOR- P1101111111119111 Gam.
41 of v Apt- 4_1 OR- it: mr. Unt- -
for Wo
--y-ble -_U_W -ammu- mpo� %lion at t1tv
iw -Wulf __W Im
Vr I tend- ownem Immot- -on each
malled- notice w
ameb-18W leir, small AP -dikaft at thorAg"Im Iftafted-Po last buslao"
W.- -.10, jr" d-" — -her --7-
-toy- prior to the lato"It P#Ymvnt dowto thf.- registered- holder TIM -4 j
add"u- u It &Win an the bo . nd rooster fit the 4ING Of bVII1381111 On the 15th day
(Whoth - of . a not & 11111151110W coy) of the dolandap- mop.1h next prootdiiTtheAnterest
lootio" 2i ARWA.
Tr , jh;L,,j no in -.%jj1)st-0Wy -.hs full6willf (OrMw Wilh the
i . 110r.d. - F.
Vhj'1fijj(jiiz� fi& -L �UMP N'"Mt7f-'rl rftte of '"Pr"t A" "S"' nf
c r jy Fille(i im
UNITU) KATE5 0? AMEHICA
-.- I - PSCYT A
,TATF Or' MINN
(FIFI"y' (7)k IMOUNDS VIEW
Not R.
TAX
Maturity
Februory 1, 038
princl Pat -krrou"It
The City of Moundt View, Minnygots.(the "City"), for valu-. revelved, hflffb�
ft"flat-Abot At It MOW& an raby proffillbs tO PLR7,tQ the NglIt"Od Ow""
0. hc
Me � -
# aullirns, um
-avit Ufan- the. orturithlifin. "a 32"lAd". horw to
L11144 b i. an
R
yon IMF- of
—4-14-wely —4-�
--(d 0 MOW ativiAld In
llftwy- I
th-A-taq.-ruasminim. prim -0- mv. Pay* W-0
lz_ z
MOW'
-j#-04 �A
rt
lie top wthe-intsfur
NAF 4141111:7
An
LIE,
Y
A!!r such:
**w�= Nrth�
MV11200 Qf- WAO- Vw -POI& ku— "i
sit or- P --
rortuty �t4 - - hj*jjjj",p%% in a t -c at�jjd
�t Is U -MA 4. wou"40+eVe *4
to moo
won at the- opt a o w In$- and-- afly� Inter"t
matar"jiv im lot WAM" wwsw?!,7i
a
HAD the Registrar Mid to
neiles at rademplion wit 60 v by flmt-0114.- in#
-th"Oriattm-ownefor and- hat, ."demption-will be-publishod In the mum?
idit by utmeacts statuto Chapter 471, So defeat In MOO notlas W—
iff"t the validity of the gall for redemption of any Bond,
-T-subl' Gino?sj #�bjlptton Tax IfteremeAt
-018-00% of -like
L'Lwtff and tenor except for number, !L.tarest rate, drta at qIiieority
milid r*JamiAlcm rrivilegef and is issued for the purpose of providing funds to
hnnnf�t of otherwist pijy pvhliv i:hbm purmpnt - M Inne-sotil
-sumee, Fleuti-tit 180,124 tj -6-.1�4, of Devompmant !M!1!ric� No, i nvaminico r-ly
the City par-LI&FIt 16 'M�r-jnt8uj& !ittlifit
111 1 - as, SeWillix 469.124 to 469.iU, jind pumiam
to Ali *dthoriving reio' vitio he '!;U luilon") adopted i�y 'ho N+y Cou-tifffl of t�e
City or Jarwary 11, IOBJ, iind pursw4nt tt) jind In full confeitmitv with in@
tuflon AM JOY ji, the 01fitf -of MinnEr-10ta. 'noudific fix4tutett
Ghapter 476 and. AsufJone 471 9.174 to 4400 70.
Tan Randn of this mviaiii artrity")* (rom 10# Tivabif apnerfil Ohilptition
Uxljimmm TioHL ftrid$_14#111A Vurtil of the C.-ity (the "Bond P'UW) to WhIshham
"on pi#dgmd acrIAM tax If-foref-lielit generstm froir Tax Inerament Development
WAM"t Ht, I of the CRY. All Uxable prooe7ty With!n the Cit is Also_ji;::,'4ct
J
t*x" re"
'r"--tffA**-tO
Otterg If needed f6P this Pu"*, without )IMUTiOn of rate at Mount. The
-mpummir M-0-M-dw 44- K -#K -O U -1116-t- MY— W_ -6-44 id-i-A-7—
As proolded In the Haddolution, and sublac.1 io mirtAll,
"F1 book cify -!IV Imot for that purpose
Ii! #inuiPV afflOsi bf tat R*4NImtrmr# by the reff - Imrsd owinor heisof In person or
in
or Wftft- a W""Wn- Instrument it transtm I&TIO1616" -to--tu
NOW ha -rallatersid
t
rarp- rVQ to
respopt-jo- jugh traft8flin it i -wil L- 6T -
Ot by
WV VOUMMI
31MV
go Wily Im W_
1111.1A
Rot -An;l*
-A' MOV4.- MIA 11011. t
U d xU
mg!
-A wmd rA#mr -hit-IW
the- ROW
to
v -C
*t4v . red 'by.�th an tita WAV kvM "t 16-U the 6VUffintisota- t4 bit dant
V—saQW111 W" m mnalm
of bNOMO-Ob""10- untlLth
CartIfleale of Authentleation horean shall have bten tnonually siptd- by a Person-
authorlsed to sip on behalf of this loglatrar.
M -11441,11M WHIR1014- The City- ot Moundt: View, Minnesota has omed-
tbl# Vorid tO boa $xtcuted, with tLi taosimilo sipaturos of Its Mayor and Its Clerk-
1VO;r, it #1 " Diiju of "riginal issue opeoif 1*4 above.
THE CITY OF MOUNDSVIFW, MINW90TA
RV
%favor
C UtTIFICAT" OP AUTHRINTIC4TION
mie of 1ju somm desorlb"- in tho W-Tfwln rn�
r
WG iM#4
---7
wt Ow iw
. -.494-
--- "Oporz 9 wh Nt".
di b#,-
SWOM-l" mu �w.. ---_Mwv wo
"Vons. of the majut stock 50n0--ln- OVOPY- PWUNION withcut
AUAW
jilly
---m—unsr- ld at
(Forin r' COWN,010)
Cj',jtT!t?1('ATF AIR TO 1,FrAj, rPlN101v
Donald F. Pawity, Clark-Adminixtriticr Pt MQuO4 VIO-W, %!"PaRttlftj
noroby cartify that ury! for th'! dfite lifiv, thio �Dovr- is it full, 4,r--* #nd oompored
o'-Upi 1"I legal n Ile.
tu j,t� �pon z4,ollvery of 'he tondfl rnd !v novv fin NO
itillem-An. Wili(lb %tit de- 1vt
Orrm City of Mounds View
as aviy j -f itif Rondo insued hvrru�der shal) remairn
As. joriv,
I -
JutAta-Mig, the 141YO Phill QAUAG tO b* JO, - it th of the
§-&ffl __ jueh—rewmablie rogulatleafts AS - tht -
of 0 d
b4li-114-Ragiftfor 0411 provide for thv rollotratlon Cn 0
HandA,
--taid R-osistrar, Trarmfo -A,. Spout to
to ir -ant and PsYlAC AjOt
Uyefj surrender . tot, trag of iny 13ond with a Witten Instrument of
of aq � -_ � kj-�
"OR tritar, v" execut a he rylWoroA
-aw
los"t
A
-on- —_
and r, Hia: n"111 0C no CIPJIFF
_.I4:A#gl1jjV sh" sutht
Me "9-
T,
f -6, 1
-i-SAderad: Most the riori to. tigheirsed fir- An- 4
W. ft 0--i W"M __i, q! 19
whinthorAOMDOUPY Ot7 40111HUYffir IFNI.- AND
FRFO
h exaftsing
A berimn-1111[UNItin
Pik t%_
A� tirroft IV
-as- adant.to the exerelse,
WHO. Tno-11811-
days no
Sna during the r(teen (16) xt preatding the We
Out-61-a-VIL-C-Pled ridefoptiort of -Sand- Mm Issusp-
and the 1- strip shian not w PeoNed to make jiny transtitr -9? exthunp- of ant- -
Interval an 4 - nq Bond which Is payable, and Is punctually pall or- duly:
ppevidp'47sr, an anv jntgpqjt Claymont date #hill be paid to the perofm In whose
4MO that 9*nd* (or one of Marc. Nondg fop. WhIon gush: Wnd was exoranged) is
Of.. bull.n.1.21 A the PA-e-1-d-infUJOUS, __A"nd- July-
�whIchj�bjs,_but �jj* not
4wmay W- id--
c)r dkily placovidild top, on any injervat payrritint dntfr shviii; forthwith pen" ts be
pfly,lble to tho registo-rftc, t�ojdtr nn 1he �'#IPVAPI FARK01fir rrobrd datil,R0101V by
;1
virlij, rif rut -h ho.,,vr 11jivIi-,or Lioej� ,unri haiepri atid buch defflulleed ItaftleSt IT&Y U0
-d tly thft Ignuar IU Ind persoll in wt-toje r.jtme �ueh Nqtid is rv�!Mvvrw c M# elbfil�
of buqiho4a -jn a special ro!vorrdl dinta wablishad by the Reirittrar for MO Payment or
web dpfuuItUdl ifilarrat. Sunjoel lo the forfifulnir piuvivivoul; of powtArraph, 64,01
B*f.d d#llvtr@d under this RevoluVor, upon transfer of or in exc-hange for or in Hall
---of- any oAh#r Hood AhMIL :--.= all "Ie ritmk to- 14derpst o'-f.r'Itu anti i;npfi40j VK to
"Gruef which war* wagried toy riucti othev fiond twd oat h such Bond Rho', bear
7U8,Ft-il trom -.u--h dt re that rtit "'r Lmir- "r f 1,0*#- in- Intor#0 wh*4 fissult frotfl. Won -
As to any Bond. the issuer firld the 110911trAr and th#)r lierpootive
Sa-h ir, ;1j disowurn, mA.
y r.n. trent the perscin. 11A whitat no"
tile Marpt for the tim bting- shall be regiotorisr, as the 040106 ownct th#r#Of for
Ft-wst?" nor their
A. a 0 a t An the eon tfWYf P A if —a?- O'na—C-060—tof-th I
YMVt
log -of smy. ouch fland. shall be made only, to or v"n the order of We'roll
"nor thr re-cG �yut- w-�Ji eeglatratj Ort nay D* 0'arildd 69 -M-vd pravidg& -All tualt
to. simist A --the
T and .4al chug&
such. Bond.- to the extwit of the SUM Of ou M1 40 owd. . . I - 7
4-w-rend-amild--t the - aftv,-and the
"!to and-- 0M
K#VHr#r. rqvvlyv VVM#r*t to- th4lr, Wisfootlot it the 405MOMMY
114#llvgr*d to the lasuaraild thv 114pttfor- -
-jugh- asit.tft at- lonaffiffly— MAY to MOM I V97 st- as MMM
_111414C 0SAkfieftAt"O &-VGn `w-!UNw1—A#t- Avue-,ft AXIOU"t-Sr.
Y_
surb 002% Of- MWIN Will I new #91nd; 4111 Itki fii&444
JIM
Will
raqul" to= sov4p aw tax 011 L4041%MW
Iffuedi pursuant U,
�Qf� _Wn- done
J� -orst
Affiti i�
Z,
ho"ev, --ar OW tK*+
J0
MW
—410 MY- C41 we r anduw
The+ Vt4vjjjoftg-of this- laetjon� #pe- jx#jv#j"- gM: shall prooludw (A*- the extent
16WIM - —wb#twg- 611plow 011 dth POSPI """Plaeswent of Papa
.—N-M-MiNkta wMA
0-r-mjiflialodo: destrayedi. lovtf- or stollin DoRdSt
The BOW! shall be INHUtod bY the P011160tivs faMIM110-81thsturGe Of
Moyo Administrator in oft forth ih the forw 01 bonat Tne bdai gi
r thel CWW
Ingor-111W.-be-omitted-frowth# Rohde as permitted by law, The text of-ths
gpjfq�rrl., of M
Approving legg, opillit-41 a y1olm&S
us bond obunselt AhAll be printed on the revOrit 910* Of #&Ph ijond arw thAkil I be
Certified by the fan jmjl# @jUjatury vf the Clark -Administrator, Wham Held 80n4s
i � 0 d ce
shall have Wait duly oxamite-d And authentloated 4 The Re-gl3irfir Iti fiv- F An
o 1he Pjre.hmqrr optin pi4yrnent of
with ihil 01001,,11011, jr� - Rome -P vdired I
the, purclMwe prito., Owl IN- cj *he (-ierV-_8dm1rdMrMhr dFlivT'Pud 10 It"'
afir I riot ,." bound
Puraftlar thifror SriAll be Ft N., 4ej, 0 1 7
111%tgnce; an J)f- Purut ? shol,
tf, Sea �wn trio gopliLlAtIOn Of �hc purchfieff IT106:cp "'l -hi Bondw shall fib! bf vi".1d Mr
tit
anv pirpose until auth".itiAlitild 61, 11�f RegiSt"
A. r)), The Of f 1 al!ll Slim' 0 M, CMA I't it -1 M, - t w on M# wi Eh The (_ l#Tk--
-he furtildt.'
.led to ithIS Mteting, 1# h#r4tbv j1pp,aved. and Ifig
-AdMAIRIMOU -pro ____ __ - - - - r , __ F -1 . . . . .. __
fr,fjr#6f to !)vGRpjh4jtjV6 Diddefs cr loolloOt is M46 wrid-
1# th# 1-nme Few#$ to tne Rod# 11W the 'iAlt- -.1mrsGi.
4.03. if ii
,Uon officers find the lat-wit to be accuratf, thO Minvor and tho
&ufNr1"4 ind dj�4t_cjte, to rt.4rj�*;lj to ine Purahater at the
410#Mg st. **ttlfl@jjt* that, to too best a . the knowlicifft Of 9UQh 6MUSN, the
dt "tuist ""Avof olagoll-tnd 414-nott-at the: fifft"I
161,44at-o"Mit-to Mwofty,
to- make Ah"to
which thoy wep* rn&40, not Mibleadfin-9L _11AT011
alrotlMstntivel undef
W piridift((--quenti-enifit-th#--30( - t
'WIF-65 40
- ftr payrn"t 0 "Irar'AT-ation of the Inuer or
I i�f the tiontle, or th
—Mb4nolt a (11140M at th9.*WrW_tM Mtykf and jh# C)*rk-kdMlnjjftpator
i:iismits VW deliver _18 tho AL1400"161 bidder sul
lbati4ito ;&1ltM4rt for x"& d
that
d, "fiflaw a
im-wareximilty -of-as T16ft416-_
d.60101
W Nat ot this
laws, d� 1W
A
97= W tlw
RIF
14111- ha
-I W -IMM
Or
_jn4oW okud- fillado PUMA#- TrOM—MG 0IM13- F-UR111- ilia ift;-Ift 1�
hi"--b4oh. wa pox Am tw x4var
t,%ho,
tww_ 5� rty� In- this., 1"met, In o1st
f4 lo-Afoo! ikft 0% Tabita
.he
W woobt-ftme
be oroolted to 'he cor I AGODUnt, ftom
%..I- left
6611tigets hisrot0fort lot and all othor nostil Iflourfed ad to be
thit-lidnd- authorized- Ifl- -Min"010ts. AtItut6st-000tt"t 4741650�4019-17.11lt
subdlvtftn tr arid- Minflytots statutesi lottlons 449,124 to 1341.
-4 4
Debt - ft . There is hereby pIgflXtLj grici 1 ' rl#re #hall he urvilitod
to the Meb-t-firvial Account (A) fill unused discount line. moo'ruod Interest r8O*Iv*d
"Olvery E';ld PLVT-!Iep.*, rnr Ithf; Vnildti, �b) It, "C!11011 A�Wj livroui,
imed frf m ht- N! I Ow" P*dIltd, '�j the "aymer.'.
prino-11pul of jund interest or, the Rulady, unY taxes ley'ed for Tfc- psymem -of tbe
flonds, and rrva"o-rd epritmid f.-f-ot any other wireas AVAIIAbld And pledged 2n ORY
prinoipal, pemium, ir any, 4nd i.qLi%est ,n the Bonds, (jj) to be U�ikd- to
rmonfluil of t1'.X -romment Rtid -trier
11itprost- on the HU-nds- pri0r, to Ihe
TCs pnki jAht tervion nm the Randy, atid (d) all ftinds ren-ifilrillng In
tps CiLpital Acuumi1 aftirf cN61`_11_ViMI!Y'1'1! G, 1010 projout Ar.d Olytgant of the C*gtj
werteff The aeot 9*6000 Aaa-0unt harelln areati:d &hali Lit 6136d 8011ally to Puy
Orty-Iffivol Off Premium, If any. ifid IMPOR Ott tile Ofma RW any Other powel
otilittfiticin -4 - �zhlr= f -win bald DOW
x increment bg.Ws %eraaftor ls4uad are made ps - ah alrer
on dlt3hariire ef T�v 13
gervloo Apauu., except the' up wnda and wit dv
Ondlyll 0- addItIont 80movi- the JOUN 11tay WO *ny remaining iunds In- int, 1j"t-
I "-r lot Aacaunt to reimburse the Isiusp its rmided Above.
-for th* pa#t(law- In
aston tile MO -1 d# Abor-e-IfFiverab
linvive- upon- Ali At the
In t&x whlcj� shall be spread upon th - a qr Polls and
prooltrty t
- - Fl- OtVjf -&Sir, 1A �sarff Ta-twif I "if
001460ted With- and 0 part 6
yous and In the Amounts 41 1011OW61
Ain _j1d
I A-
Irrmy VIA
-to AM-
thVIT
Ipal of
and Interest reipwIvely become
06unt ai drth*A"*�—
rid- -mrodift.- _. 4-j"—
I- such other "Pat
Bond, Fund. _U such
interest +*at m t n 11 r 0
�nlnp from the- Invest ant of MOn Y I + th - 4 Itel
Amunt -and the- Debt ftryleg Aceount a%U- be depatted In the respective
49 OR -A
tre
-that.
11A
Irrmy VIA
-to AM-
thVIT
Ipal of
and Interest reipwIvely become
06unt ai drth*A"*�—
rid- -mrodift.- _. 4-j"—
I- such other "Pat
Bond, Fund. _U such
interest +*at m t n 11 r 0
�nlnp from the- Invest ant of MOn Y I + th - 4 Itel
Amunt -and the- Debt ftryleg Aceount a%U- be depatted In the respective
I a directed to keep on flie in his
6.04. The City Finanof, D I poet or-Tre &surer
office ;=ta�bulativn of the datol and amounts vt the prifiElpfill firG Intorv-0 Payrnants
Of the prinvipal Sne Intsir"t psymrn*A to become due
Ired in 'he bl-wl Fur'd
)-Ilrip f-,tim tht- Rond eunti, tintl of dle alaii a rel�
omen yow In order V) Ljnrc-v,' 111F iaxwt, ;eiicta nur;u1nnt iu t1lis
Rept,lution for rollpiction the fojjpy.qt�g year.
S#otinr Al. M A # 9 1 WA Me _Gj r.
0 -0 ry
soi-, The C,ark.-AdlAtnimtrator I# nel-Ow outhorheod anu dlrffQ%vd I r- Ftl - - _.
opy or pululu*10n.. 4 -pd. to Cokul-to th-t Pf Mp t u. rm fliad In- the. bf firk 01 Irlo
ottj&t, Informatlen as such kildROF may
ki Y t4ifthtf Vit
CMU" wal loati - that tut Itams flivo
FM.UI
Irg, jind ter oMain tubm IRO tOUntV Atitilt" a C
- b4an dritered upor, r1li boncl register, and thr ke- 000vin" Ift thig F011u'utlen hol�
oil MOIUO.--
uLp ftrij autharlind drid difffft0d to prlp%M Md
-0 MA locams- at the faher FolOwFiR t -G,* titia p6wow Ifut authoday- in
FA tit now
to IUUW thw 11caldt W Ithl-tV thfil )t-"W#W 7r 0 n W "M
L'attif.
M-wor-by -#fq* Oust
Uer "to trio f Nou atated. fharoin.
7_7
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it by# it-.- . TO
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it low
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