#127 02-18-58 Merge Bond Sinking Fund with Improvement Bond Fund1
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Resolubion No. 127
February 18, 1958
Member Flannaganintroduced the following resolution and IED its adoption:
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MSS, this Council has by current Ordinance No. 28 created the
%roveament Bond Redemption Fund of the Village.. and
AREAS, by resolution adopted on February 4. 1958s this Council
authorized the issuance of $73,000 Improvement Bonds of 1958 and provided
that the same should be payable from the said Improvement Bond. Redemption
Fund, and
WHREAS, the form of bond prescribed by said resolution and the
said bonds as heretofore printed statecIthat they are payable from the 1958
Second Series Bond. Sinking Fund.,
NOWT, TM`CRE, BE IT RESOLVED by the Village Council of the Village
of Goldm Valley, HLnnesota, that said 1958 Seed des Bond &eking Fund
referred to in said bonds and resolution is hereby merged with and shall
constitute a part of the Improvement Bond. Redemption Fund of the Village.
ATTEST:
The motion for the adoption of the foregoing resolution was duly seeded
by leer Teresi, and upon vote being taken thereon, the following voted in
favor thereof: Hies, Flamznagan, Nadascy, Scherer, Teresi;
and the fol.loming voted against the am: Noma;
whereupon said resolution was declared duly passed and adopted,
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