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Resolution 1373
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Resolution 1373
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7/8/2008 7:46:00 AM
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6/24/2008 3:37:58 PM
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<br /> n <br />'t: . ) <br />~ . <br />" <br />, <br /> powers of the said city hav~ been and are hereby irrevocably <br /> pledged. <br /> This Certificate is issued for the purpose of purchasing fire <br /> equipment for the City, and is authorized by a duly adopted <br /> resolution of the City Council of said city, dated <br /> and is issued pursuant to and in full conformity with the <br /> Constitution and Laws of the State of Minnesota thereunto enabling, <br /> including Minnesota Statutes, Section 412.301. <br /> IT IS HEREBY CERTIFIED AND RECITED, That all acts, condi tion~i <br /> and things required by law to be done, to exist, to happen and to <br /> be performed, precedent to and in the issuance of this Certificate <br /> have been done, do exist, have happened and have been- performed in <br /> regular and, due form, time and manner; that a direct, annual, <br /> irrepealable ad valorem tax has been, duly levied by said city in <br /> an amount sufficient to pay the interest on this Certificate when <br /> it falls due, and also to pay and discharge the principal install- <br /> ments hereof on their respective due dates; and that this Certi- <br /> ficate, together with all other existing indebtedness of itaid city" <br /> does not exceed any constitutional or statutory limitation <br /> indebtedness. <br /> IN WITNESS WHEREOF, said city has caused this Certificate <br /> to be executed in its behalf by its Mayor and Manager, and the <br /> official seal of t.he city to be affixed hereto as of <br /> ATTEST: <br /> _~eJkOW1> <br /> Vernon C. Pederson, Clerk-Treasurer <br /> 4. Said Certificate shall be executed on behalf of the city <br /> by the signatures of the Mayor and Manager and the official seal <br /> of the city shall be affixed hereto. The full faith, credit and <br /> taxing powers of the city shall be and they are hereby pledged to <br /> the full and prompt payment of the principal and interest of said <br /> Certificate as they respectively fall due. <br /> 5. ~or the purpose of paying the principal installments of : <br /> and interest on said Certificate as such installments and interest <br /> respectively become due, there is hereby levied a direct, annual <br /> Ad Valorem tax upon all of the taxable property in the city for <br /> the years and in the amount as follows: <br /> YEAR AMOUNT <br /> 1974 ~-2:~,,9~'~. 39 <br /> 1975 f.' '....: '.: ;:: ..:: ,-~ <br /> $'25-; 8'75 ~ 59 <br />
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