#037 05-07-57 Change Improvements Bonds100
Resolution No. 37 May 7, 1957
Member Rahn introduced the following resolution and MOVED its adoption:
RESOLUTION CHANGING PLACE OF PAYMENT OF $1,100,000 IMPROVEMENT
BONDS OF 1957, SECOND SERIES
WHEREAS, subsequent to the adoption of resolutions on April 18., 1957,
awarding sale of $1,100,000 Improvement Bonds of 1957, Second Series,
and directing their issuance, the syndicate purchasing said bonds sub-
mitted a request that the place of payment of said bonds be changed
from Northwestern National Bank of Minneapolis, in Minneapolis, Minnesota,
to The American National Bank of Saint Paul, in St. Paul.. Minnesota, and
WHEREAS, said request was submitted prior to the printing of said bonds
and making such change will therefore not cause any expense to the Village,
and
WHEREAS, the fees of both banks for their services as paying agent are
identical,
NOW, THEREFORE, BE IT RESOLVED, by the Village Council of the Village of
Golden Valley., Minnesota, that said request be granted and said bonds are
hereby made payable at the main office of The American National Bank of
Saint Paul, in St. Paul, Minnesota.
Mayor
Atte V. Fad
Pllage Clerk
The motion for the adoption of the foregoing resolution was duly seconded
by Member Bies, and upon vote being taken thereon, the following voted in
favor thereof: Bies, Rahn, Nadasdy, Teresi,
and the following voted against the same: None
whereupon said resolution was declared duly passed and adopted, signed by
the Mayor, and his signature attested by the Clerk.
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