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HomeMy WebLinkAboutCity Council Minutes 09-16-195877777777 ScYz�:swlnwi 1 , 1La Pursuant to due call and rAotioe thskeof a raguiar meet3n5 ? Of the Yi11r e Caancil of the villaLx.e bF Plyiuouth ki1fne ot9, ra& duly held- at the Vlllav; 4a-1 or lieyteaber. It, 19S8$ at c3..W oteloctt Present kayor Anndtr.an, Trust.:es, Dezi.el, Zokes, Ftreet2 end.Thels, and the Vilia;-a r:ttor¢ey, Ingiueer and Cleric. tibzent:no4e Toe minutes of tLe meetir.y .)r Septrmu r c, lYwd Y S'E read ei:d on motion approvea. n;-t rt&Uz, presented e plat for on r.as made by Theis trot tt e lanai occapieu by the Old vateAv n hoad or 4. xth Avenue Tuwxr ship h.oad across the 61 S",; Lcectiocr `%-lid s2 'be vaoated subject to the sNproval of tr.e Vi31a(,e At.tgrAtq r_,nu a Checf ' on resident o'wnerernip. :nation +rs 2ha by ie&es aril phseu b� all Couaril .,Gemoa.s •.utEs. aye. Axt aiao ¢ Lured to i.. to donate lend :'or Pua11c 1Urs in r,is ne;v-;uaition IL p,sce ci a cash paysiei:t, v:hich tae Gounoli. .rlr. lebF .Q, ap, L-t Cu- to uiscuos thr ti.ree dots tit w.isnes to _lat on his laud elons-- �deaicit.e ..a re, 1h� ov incil —reeu t. the Platting i=' the lots %vt-E a:uzni .sa 'ranLu, a �1U', 1101 trsd 113, On account of their short -moth era ssojEct toltt:e uuildir.0 iuspeCtor inspectitir t..e lots to ;e-.it it „o-la nE teasib�e t;, eor:Etruct homes on the lits and �roviac JrJilcr sug—r ujzposal.: --,Lu 4:&iri'itius. g �iut�ar. s .ztae by ,r-entz L� "limen, bolnP V.innen Addztiou, subject tv the i rgvai of the Y.111a e Attorney and her posting a ; I, r,00.00.. perfor•-rar,ce. Gond for this Ts8C s9fl1y road construction, ;lotion v," secoxtded :py ktices sod Pascsed byall CouTiail iAembers voting aye. bs•:4e and Ld. :cniebe appeared to <liseLzEa blapctteiry end.i,irwood roads. it wee at=reed that the Vi11n� Ew©uld 6�sume the naizAcnance of Fleexberry rand Vrom the 'bottom o: the ttili'providtd Mr. 4ahiebo trill 1)1 t minouz surface ti;e ilill dove on BlbMcberry -''. „oed to orevant washing out and possibly cul Gown tyre top rrnae.of the hill. �4r. ochiebe sgrOEU to fulfill hib part of' Lads projset. r eallaas iirout Cf 3421 N 135th Street a tear a to a cin 416.e4ss his dreinape problem. Tha Villbee rzglne r and iolceb e.greed to meet With ar. tirout on beptesber 17tH to Come to .a &olutJon of. the problem. sir. doth, H. Cavanaugh presented fer ea;.siueratim a Plat of Gsvaneughs Addition on County hoads 72 and 15. lis ,robs give.. a copy of the Villaue l'letti.rg Ordinance and requested to discuss the plat ' with the.Yil.la�e Engineer. Joe Strait web granted a three %o3iLtr permit :tio lvCbte .a. tMile.r or, his property in City view lures Lit whIch U me lie imtends to construct a new atoms. idotiorr was made by Theis ti:at an off-SFye Non-l.,toxieatin� r � �g �..i'Tci�I6th 16. 1;}58 LEBilii3`t'IOId A+ F kiif�a�i, u1�I.i, �3k` �; 26, k1D0:' I1di' �LY4-�i3'i� ��- b0IN-Ds" FIXING boll, AND �P14IFTC Ii k t. 0& DIrti4G'illyu Ti.nih rXGuTIOiti" ti&li ikLTV'3iiYt1 r'iI,las ioh 7Hr,IE� PwfiiFlli. rit kLAn,, the village Council has heretorore e�;, into contraot,s to construct Improvements .Paos. 58-1."aOx1",.5.8 2 et. a contract, cast of $22,531), and iiEliF�si0, the iliilage Council has tc. a nztl�l�t SLorm: 5ev+er i 1.030at I4c. 58.3 by day labor and basezr:endeQ 1, iy c for such purpose, and k'I3EhrA5, said ,rojects rie'Ve been beretofore combined for purposes or financing as 14reet lmpruvement iso, 2,:and i2irFf:i.S, the estimated cost of said ira,a,ovement is 626,104, and YL`: hn:AS the Council has hareto "ore determined to isfilie and sell ?24,000 Iraproveuient onaa Ir. order to provide maney:,'or said i.murovement and has offered said bon:ls at jxublio sale atid'::'jy$e e;°:e:ded said bonds to tue k'e=MCF8 estate banic of r$ame1, Said bands to bear interEst at the rate of t,so &r,u seventy -live huLQredt b. - per cent {2.75'} ger annum, end iYRLhZAS the Council has since aeter-�aine,d tPEt iii jt)rjo will be immedie;tely LzeaEa to pay :or saiu improvement enc[ the farmers ',tate nanK or kieaael.4 6 offErett to eceegt_::bons%.; n seia smonnt bearing inter -stat the rate of thvo arae se"venty l v y hundredths per cent (4.755`.? _oar annum.: ryi5a7, tt�I c'CiRE, yr 'II �tL ti1,YrSj b.} the YllseouurSl=fig the Vii :a a of plgnaatii, 144-nesota,. Ls f®Vows 1 The re -Solution ado p"a 4Ugu.at 19 ev,ardixxg t"Wow,", " ocy,000"TLYprgvament,lianda, is hereby resAired.and criaslXa 2 Tile Village of Of- 04th ahall forthw th.eiga uo itl tlr # b coupon Improvement Bonds in the pribcipeil amount 03 U6",'r ...bonds to be dated August 1, "1950 to . be 26 14 tlumti:er and riul4l�e3 ids C.o.26, both.- inclusive, .iia the deniii4iriatlon `of 41,000ascii, irVr tr; interest. at the rate or ttvo. and seventy-Pi94 bundredthii per ,b t (2-75f): per "annum, gayeUle August I .1.35! and aaa annually Lh xea C on the let day of February snit the l'st day of August in finch ye�ir� and whlah bonds -mature serially on the 1sL.day oi'l�ebfga isi Years and amounts as follows.: 54,000 in 1960, 15,000 iti 1 both inclusive, and , 7.,.000 la 1964, : fill bandsbeim Jiuiij~ iG tb tion in inveise numeria&I order on August 1; 195.91 d sny. naywtent sate thereafLei at per and gdcreYsfl inkerasL. .` 3. Both - tAnoipal and .interest on said bb tido shsi e � Rt ;the main office of The -First 14atioTin "Sand ¢r gin City of Minneenolis, i4jrmesote, and..tire.village br#811 1%ny= reasonable shares of; said Banes fon' "its services aa..xrCl"tr n,� Hennepin County, ainnesota, aaxpoviledges itself. to Us Sddebten, for value'received hereby pronises to. pay to bearer rroti its::etrset` Improvement Ao. c Fund on the 1st flay of February, 19 , the, A".' of 0.4 Tn0J61d1 i W. .LR6 and to pay interest thereon from the date hereof until the principal sum is paid at the rete of twp and 3eFentq ft�e hundredths per cent (E.75%) per annual, interest to maturity payable F:upust 1, 1?5! and semi-annually tr.ereafter un the IbV Vag of February and the 1st day of August in eecb.year In aocorQance.wit11:':'>r and upon presentation and surrender of the interest coupons hereto attached as they severally bebo.me due. bobs principal aua interest. ere payable at the main office of First National 1�an;c of Ainneapol s:, in t e City of :dinneepolis, Minnesota, in any coin or currency of the united Stotes of jmerica waich at the time of payment is legal tender =`'or pablle and privrate uet+ts. For Lha. prompt and Tull pbyment, of such _principal end interest a:, the same respectively become due the fall faith, creait and taxi.-.g jav4trs of the villeee have been end ere hereby irrevocably piecsa_eu. All bonds of this issue are ouaject to redemption in inverse numerical order at par and ac;cruzd interest on 4ufust 1, Y-j5�, apo any interest pey:Went date thereafter. iiotice of redemption will be wiled thirty aPys is e(Waucs of Lots nate of re am on Ga, dale Dafiz[i' "st :ian.:ich'the:bonds are swede payable aria to the :Tara kcribvin holder holders of redeemable bonds who desire. such ;ne.i-lea notice anuli register their 41614ea, aadressee:`und' bond numbers -04tit the 4i11 e „ G2ar�. Vile bond L& one of an issue of .4,c6,0G0 principal a}sdunt, ; c all of lice date 'antenor except .es to maturity, e1Y_is8uea;by send village. for the purpose of 'Providing monjy tai aei.rej.r thio sxpert�e '.' Incurred or to be incurrea. in snaking wisreet impe rovment tro. 2 e8 aut1wrized by Chapter 4z',q, auinnesota Liatutes, and by.'reaalution 01' tae.:-council end is issued in anticipation of the :collsotiou 'asses$Meata levied for said improvement pursuant to and. in fait conformity aitn the Con •titution €end LaNs of the 6tate of .tinneaotai,; IT 1 23ti:F5Y Cr:hl`I51L iwir r.a,Ckihtj That all Lets, Coll 14 Q, f3 �an�O things required by the constitution and i.bts of telae bte'LE of Minnesota to be done, to isappers, to exist ena to bb"P&jf4r�a pteGedent to andin tae Issuance: of this Dana nave been nono,'t�8yer happened, do exist and have been performed in regular and due time tend :Wanner as so requires; Lhat the Pull faith anh cre.nit of the- villaar.O� is pletdgeci for the payment of .telt princip&1. and Yitarest df the bonds of this insue when the moneys on hams iii the npuropiiet be rE�r .E fund are insufficit:nt for the prupose and tni.es rill. rb upfln„ allyot the taxable property, if neeutd, to terse dare of.aril: ,.Pic3ena� r SY2i'+xh 10. 1w58 � (Foz�e of Coupon} 20. X13 75: 0r; the lot day of February (;,uguet) 13 the 6r, "fkt 6r.- f'lyxouth, Hennepin County, i4innesote, %v111 pay to beare3 out, 4P Street Improvement No. � Puna, at Lice ronin office of xir:,t_,aatioaal ` Baru of Mlnneepoli.y, 3iiuneaoo is, ZnnesQte, the suai of - - - LU.Li .i6z; for interest then aue or. its Improvement nonce ustea T' August 1, 1958, No. i.o=;arci C. :s,uersan :dayor h. T. Johnson villej�.e Cleric 5. The bonds shall be prepared under the airee-tion of the Viilsge Clerk ana siiaii be execnteu on be;;tif or t, a village by tfle sfgnatures of the .dayor snd %illaae Cier;:, ana the corporate seal Of said viileae shail be affixed to eac: thereof', an(i the interest co,-ipone shall be executea err euthentictteri by the arti.ted facsimile signatures of saia oi'fieexs her, seiu bonus hate ween executed, :Ey sell be dcliverec bj Un 4i L.Lage Txc4asurer to the j)L1rG s€ -6r. F th.eYsaf �rpan reoe5 pt of the urch&ae price and the purc}xefrar fxa7C not be Ablated to ses.to the proper application tnex�of }. 6«' Tie wff6r'vf Faimtre :itate oanx of r amel tQ :7'c7 r tttii v oendz. issued het�eunuea�tit pare ana eeoruea interest. is nerebY determined to be, a fevo.rable offer and is hereby aec_eptad.,' r i+ Th,bondsassued_hEreunrssr shall 'oe payable =-, Impro.VeM At go. 2. Frrnd.hereby oreinba,, providea that it' am. i5ayp3�G or urinelgh} or interest shall Leeome .uue ufien erir.re is not coney in said fund to pay tiie erne,Cr .shb11 x 8t3Ch prie_cipal, or interest :from the.,e;eae,rul Swed of tki6 village Henri auto . rand shall oe relabvra.ea Yoh such euvanoes.out of' PrxeceG. 4: i as,sess;nente for said iinprvvecien't when eolleetea X11 �rocses O#? s$i,CL ooada ,and assessments shall be credited to sai.sl �jtreeL Tsnp���e merit ho. 2 i<and. 8 It is .Iereby deierminea that the estimated collect€two pf special as5essmants and other retrenues;pleageQ for Lne p�ym6xit c�S sold bons. w111, produ.ae at.leaat five der Bent in e�:cese a# tate amounts needed to meet ;hen due the• ariricipr�l ana inter ebb-pttyasnts on the bonus and no advalorem taxes ;..iii oe levir�u. The Y�11&qe Clerk shell deliver to the -.County jtaLJ or of hertue�3n Coyli�y n cert.fie4 copy of this resolution an4 obtain hi, cert .1ii,cat;r 3u aeevrdanee With -Section 475.43, tviinnesot& t;uatbtes `as aiieuu eo. g« The officers of the viilti&e&.tre har@tbv-9v Lhnri 7sa�3 ''- nn ..�