CC MINUTES 05221975 - Laserfiche WebLink

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I UNITED STATES OF AMERICA STA'iE OF MINNESOTA COUNTIES OF HENNEPIN AND RAMSEY CITY OF ST. ANTHONY CERTIFICATES OF INDEBTEDNESS IJo, KNOW ALL MEN I.Y THESE PRESENTS that the Cit Anthony, Hennepin and Ramsey Y of St . itself to be indebted and forCvalueerecMinnesota, acknowled-;fes bearer the sum of ed Promises to Pay to bearer e THOUSAND DOLLARS on the 1st day of without option of prior payment, and r to pay interest on said principal sum front the promises said principal sum be paid at the rate of date hereof per annum u_,ti� Payable on May Per cent ( %) ing on May P lbl y 1, and November 1 of each year, CO-";enc- anc] payable in accordanceest withoandturon�� being represented l�y Of the interest coupons hereto attached . preSentation and sup-r interest are Both principal and nClc"r payable at the • Minnesota, in any coin or currencyin which on the respective dates Of °f the United States of America Public and private debts . Payment is legal rica such principal and debts .stFor the prompt f tender for p -oe t and full Payment of faith the same become due the full credit and taxing powers of the Cit cably pledged. y are hereby 1 irrevc- This certificate is one of an issue of principal amount, all of like date and tenor except$30, 000 aggre�,ate rate, serial number, and maturity as to inter-c��t Purpose of Purchasing date, issued by said City for the to resolutions dux , a street sweeper, and is is ty C s,�ed pursuant conformity with the Constadoptiaubionhand 1lawsopf cil and in full thereunto enabling, the State of Minnesota IT IS HEREBY CERTIFIED AND RECITED that all acts con- ditions and things required b State of Ind things y the Constitution and laws oftheperformed to be done, to exist, to happen and to be order to makecitent theto and in valid and binding of this certificate i_i7 City according to its terms have beengdoneerdp Obligation of tie happened and have been performed in regular and due form,Vetim and manner as so required; that prior to exist, a direct, annual the issuance hereof e ad valorem tai; has been all taxable property in the Cit duly levied upon • at least 5% in excess of sums suff�cicnit Years ar�� hereon and the in amounts Principal hereof as the same respectively rest become due, and additional taxes, will be levied upon all such Property needed for such purpose, rate or amount; and that the p<- P y without limitation as to 'lot cause the indebtedness of said Ci of this certificate did tional or statutory .paid City to exceed ally constitu- � limitation.