Laserfiche WebLink
<br />.. <br /> .. \ <br /> , , . , <br /> RESOLUTION NO. 935 <br /> Extract of Minutes of Meet1ng of the <br /> VillaJe Council of the Village of New Brighton, <br /> Ramsey County, Minnesota <br /> Pursuant to due call and notice thereof, a regular <br />meeting of the Village Council of the Village of New Brighton, <br />Minnesota, was duly held at the Village Hall in said village, on <br />Tuesday, the 27th day of April, 1971 at 8:00 o'clock P.M., C.S.T. <br /> The following members were present: <br /> t~ Bromander <br /> Fisher <br /> Morris <br /> Moen <br />and the following were absent: I' Rebelein <br /> * * * * * * * * * <br /> Councilman ( Fisher introduced the following <br />resolution and moved its adoption: <br /> RESOLUTION TO ISSUE AND SELL.$600,000 <br /> TEMPORARY IMPROVEMENT BONDS OF 1971 <br /> BE IT RESOLVED by the Village Council of the Village of <br />New Brighton, Minnesota, as follows: <br /> 1. The Village Council deems it necessary and expedient <br />to issue and sell $600,000 general obligation negotiable coupon <br />Temporary Improvement Bonds of 1971 to finance the costs of the <br />following local improvements: I <br />Improvement No, Total Estimated Cost <br /> 71-3 $186,781.90 <br /> 71-4 66,257.60 <br /> 71-5 95,964.77 <br /> 71-11 52,382.10 <br /> 71-16 55,398.60 <br /> 71-18 65,253.48 <br /> 71-19 76,428.49 <br /> Total $598,466.94 <br />consisting of acquiring, opening and widening street right-of-way, <br />grading, graveling and surfacing of streets and installation of <br />curb and gutter, sanitary sewer, water main and storm sewers on <br />various streets in the Village under Chapter 429, Minnesota Statutes, <br />said bonds to be dated June 1, 1971, to bear interest payable <br />December 1, 1971 and semiannually thereafter on June 1 and December <br />1 until maturity at the rate or rates designated by the successful <br />bidder, and to mature on June 1, 1974, all bonds being subject to <br />redemption at the option of the village at any time on or after <br />Dedember 1, 1973 at pa~ and accrued interest. Both principal and <br />interest shall be payable at any suitable bank designated by the <br />purchaser within 48 hours after the award of sale of the bonds, and <br />the bonds will be in such denominations as may be specified by the <br />purchaser. <br />