HomeMy WebLinkAboutCity Council Resolution 1966-115•
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EXTRACT OF MINUTES OF REGULAR MEETING OF
VILLAGE COUNCIL, OF VILLAGE OF PLYMOUTH, MINNESOTA
July 18, 1966
Pursuant to due call and notice thereof a regular meeting
of the Village Council of the Village of Plymouth, Minnesota was
held on the 18th day of July, 1966, at the Village Hall, 13800
State Highway No. 55, commencing at 7:30 o'clock P. M. The
following members were present:
Mayor Staples, Trustees O'Fallon, Hunt and Renner.
The following members were absent: Hagen.
Trustee Renner introduced the f flowing resolution and
moved its adoption:
"RESOLUTION NO. 66-115
A RESOLUTION AUTHORIZING THE USE OF
WARRANTS TO DEFRAY PUBLIC IMPROVEMENT EXPENSES
WHEREAS, the Village is in receipt of numerous statements and
invoices for payment relating to the work being done on Sanitary
Sewer Project 66-1 and,
WHEREAS, the total moneys required to pay such statements
and invoices exceed any amounts on hand for their payment and,
. WHEREAS, the Village has sold its Public Improvement Bonds of
1966 in the sum of $3,000,000 to be used to defray the costs and
expenses of such sanitary sewer project, the proceeds of which
sale will not be available to the Village until August 1, 1966 and,
WHEREAS, it is essential that the statements and invoices be
promptly paid,
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE VILLAGE COUNCIL
OF THE VILLAGE OF PLYMOUTH AS FOLLOWS:
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1. That the Village Treasurer be directed to accept
orders for payment of such statements and invoices
from the Mayor and Clerk -Administrator and that
said orders shall be marked "Not Paid For want of
Funds".
2. That thereafter said orders be presented for payment
to the Golden Valley State Bank of Golden Valley,
Minnesota which bank will make payment of said
orders to the ;rsyees thereof.
3. That said orders will thereafter be redeemed by
the Village of Plymouth together with interest thereon
at the rate of 5% per annum as soon as money is available
to the Village for such redemption."
The above motion was seconded by Trustee O'Fallon and upon
vote being taken thereon the following voted in favor thereof:
Mayor Staples, Trustees O'Fallon, Hunt and Renner.
The following members were absent: Hagen.
Whereupon said resolution was declared to be 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
July 18, 1966, with the original thereof on file in my office and
the same is a full, true and complete transcript therefrom insofar
as the same relates to authorizing the use of warrants to defray
public improvement expenses.
WITNESS, My hand official as such clerk and the corporate
seal of the village this day of July, 1966.
P., -X
V111ag-5er
Village of Plymouth, Minnesot
(Seal)