HomeMy WebLinkAboutCity Council Resolution 1965-003Pursuant -to due call and notice thereof, a regular meeting
of the Village Council of the Village of Plymouth, Minnesota, was
held at the Village Hall at 13800 State Highway No. 55 on the
4th day of January, 1965, at 7:30 o'clock P. M., Central Standard
lime.
The following members were present: Mayor Staples and
Trustees Curtis, O'F'allon, Humphrey and Saviour and the following
members were absent: None.
Trustee O'Fallon introduced the following resolution and
moved its adoption:
WHEREASi it appears from the operations of the Plymouth
Liquor
Municipal./Store a substantial portion of the capital expenditures
required and necessary for the establishment of said store have
been made and most of said items have been paid for, and
WHEREAS, it further appears that there is approximately
$58,000 in the Capital Expenditures Account, and
WHEREAS, it would appear that a substantial portion of such
cum will not he required in the immediate future for farther
capital expenditures,
NOW, THEREFORE;, HE IT HEMMY RESOLVED BY THE VIL"41C COMM.
,1.
OF THE VILLAGE OF PLYMOUTH AS FOLLOWS:
1. The Village Treasurer shall forthwith purchase $50,0W
in 60 day U. S. Government obligations and that said
purchase shall be made from the Capital Expenditures
Account of the Plymouth Municipal Liquor Store,
2. Said U. S. Government obligations shall be deposited
for safekeeping in the Golden Valley State Bank,
Golden Valley, Minnesota, the official depository of
the funds of the Village of Plymouth.
3. That said U. S. Government obligations shall be con-
sidered as being part of the Capital Expenditures
Account of said Plymouth Municipal Liquor Store.
The above motion was seconded by Trustee Humphrey and on vote
being taken thereon, the following voted in favor thereof: Mayor
Staples, Trustees Curtis, O'Fallon, Humphrey and Seviour.and the
following voted against: None; whereupon said resolution was
declared duly passed and adopted.
STATE OF MINNESOTA
COUNTY OF HENNEPIN ss.
VILLAGE OF PLYMOUTH)
I, the undersigned, being the duly qualified and acting
clerk of the Village of Plymouth, Minnesota, hereby certify that
I have carefully compared the attached and foregoing extract of
minutes of a regular meeting of the Village Council of said
village held January 4, 1965, with the original thereofonfile
in my office and the same is a full, true and complete transcript
therefrom insofar as the same relates to the purchase by the
Village of Plymouth of $50,000 in U. S. Government obligations
from the Capital Expenditures Account of the Plymouth Municipal
Liquor Store.
WITNESS-, My hand officially as such clerk and the corporate
seal of the village this 4th -,y of January, 1965.
virlage ClerF
Village of Plymouth, 'qinnesota
(Seal)