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HomeMy WebLinkAbout03-31-19584 Record of Official Proceedings of the Common Council of the City of Rochester, .Minn., March 31, 1958 OSWALD PU93LISHIN13 CO., NEW UL.. MIN.. 5195 Minutes of an adjourned regular meeting of the Common Council of the City of Rochester, Minnesota, held. in the Council Chambers, in the City Hall -in said City, on March 31, 1958. President Schroeder called the meeting to order at 7:30 o'clock P. M., the, following members being present: President Schroeder, Aldermen Briese, DeWitz, Haas, Kamm, Morris, Tingley. Absent: none. The City Clerk presented affidavits 'showing publication► of notice of sale of the $1,500,000 General Obligation Bonds, Series A, and the $1,000,000 Improvement Bonds, Series C, both to be dated as of April 1, 1958, in accordance - with the resolution providing for such sale at this time and place, adopted February 3, 1958. Said affidavits were examined and found satisfactory and directed to be placed on file in the office of the Clerk, The Clerk then -reported that twelve (12) sealed bids for the purchase of said bonds had been received at her office prior to the time of this meeting, which bids were thereupon opened and publicly read and considered, Upon:motio,n:by,: Moorris,, ; sbcondf by._. Haab ,the same'vere referred Jto? the --Finance Committee, City Clerk and Attorney who considered and verified same as complying with the -published advertisement for bids and the highest and best_bid of each bidder was found to be as follows: Name and Address of Bidder or Interest Rate Manager of Bidding Account or Rates J. P. Morgan & Co. Incorporated and Associates 2.7575 The Northern Trust Company and Associates 2. s653o4 Guaranty Trust Company of New York and Associates 2.746648 The First National Bank of Chicago and Associates 2.9778125 Phelps, Penn & Co. Harold E. Wood & Company and Associates 2.7818 Halsey, Stuart & Co. Inc. and Associates 2.77764 Kidder Peabody & Co. 2.7890925 Glore, Forgan & Company, Manager American National Bank, St. Paul, Minn. 2.94103 Harris Trust and Savings Bank and Associates 2.77014 Continental Illinois National Bank and Trust Company of Chicago 2.86418 Harriman Ripley & Co., Incorporated and Associates 2.8328 Premium 1,850.00 602.00 997.50 1 • 11 1 1,162.00 132..50 • 7 55.00 1, 250.00 883.00 16650.63 1,190.00 100.00 White, Weld & Associates 2.73168 none Alderman Morris then introduced the following resolution which was reads 1 • 1 1 n U 1 Record of Official Proceedings of.the Common Council 3: of the City_. of.Rochester,.Minn.,- March 31, 1958 .M, MINN. Si95 RESOLUTION AWARDING SALE OF $1, 500,000 'GENERAL OBLIGATION BONDS, SERIES A, AND $100009000 IMPROVEMENT BONDS, SERIES C BE IT RESOLVED by the Common Council of the City of Rochester, Minnesota: 1. Pursuant to notice of sale .heretofore duly published the Council has received and considered all bids submitted for the purchase of $1, 5.00,000 General Obligation Bonds, Series A, ,and $1,000,000 Improvement Bonde, Series C,-of the City of Rochester, both to be dated as of Ajril 1, 1958, and does hereby find and determine that the highest and best bid so received is that of White, Weld & Company, of Chicago, Illinois,,and the associates named therein, to purchase each and all of said bonds at an aggregate price of par plus accrued interest, ,plus a premium of $ none , the bonds of each -series maturing in the respective years set forth below to bear interest at the -annual rates indicated opposite their maturity years: A. General Obligation Bonds, Series A; Maturity Years Interest Rates 19 61 thru 1966 2$ 1967 thru 1969 2j% 1970 2.70% 1971 2. 90% 1972 thru 1977 3y� B. Improvement Bonds. Series C: 196o 1961 thru 1966 2 197o thru 1969 2. % 1971 2.80% 2. Said bonds shall be forthwith issued, sold and delivered upon the terms specified in said bid, and the Mayor and City Clerk are hereby authorized and directed to endorse the City's acceptance upon duplicate copies of. said bid, to file one copy in the office of the City Clerk, and to return the other to said bidder. 3. The City Treasurer is directed to retain the good faith check in the amount of $50,000 submitted by said bidder until delivery of the bonds and payment of the purchase price in full, and to return o the checks of other bidders to them forthwith. A motion wgs then made by Alderman Morris that the said resolution be adopted as read. Alderman Briese seconded the motion and all voting in favor thereof, President Schroeder declared the said resolution duly passed.and adopted. A letter signed by Ernest H. Maass, Jr., Chairman of the Program Committee for the Veterans of Foreign Wars, requesting that the Council take some advertising space in their convention program booklet, their state.convention being held in"Rochester the third week in Jun:e;,was read. Upon motion by Haas, second by Tingley, the matter was referred to the Mayor with authority to act. All voted in favor thereof. A letter from the United States Department of the Interior, Fish and Wildlife Service, requesting an appointment with the Park Superintendent to discuss certain Federal requirements that must be complied with when handling migratory waterfowl was read. Upon motion by DeWitz, second by Briese, and all voting in favor thereof, the same was referred to the Park Board. A summons and complaint of Minnie A. Rommel, Plaintiff vs. City of Rochester. Minnesota, defendant, in the amount of $10,000.00 was read and upon 0 motion by Haas, second by Kamm, the same was referred to the City Attorney. All voted in favor thereof. �41 Record of Official Proceedings of the' Common ' Council of the City of Rochester, Minn., March 31, 1959 The resignation of L. G. Schroeder as Justice of the Peace, styled "City Justice", effective April 1, 1959, to enable him to take over the -duties as Justice of Peace of the Second Ward, was read and upon motion by DeWitz, second by Briese, the resignation was accepted. A letter signed by James J. Macken, Jr. Chief of Police -and C. A. Armstrong, City Eagiaeer,.recommending approval of the request of. C.C. Pagenhart to occupy and close part of lot Street Southeast during construction of the Penney Company store�ln accordance with the following provisibno, was read; 1.. Close the north walk and the entire roadway on lot Street S. E. between Broadway and the alley during working hours Monday thru Priday.for a two week period beginning March 31, 1959- 2. Close the north walk and the north 20 feet of the roadway for storage of equipment for the balance of the day and nite during the same period, without providing temporary sidewalk. 3. Close and occupy the north walk and the north 20 feet of the roadway for a period of 4 months beginning April .loth and provide a temporary board sidewalk 4 feet wide with a railing within the said 20 foot width. A motion was made by Kamm, second by DeWitz., that the recommendation be approved. All voted in favor thereof. The request of John E. Verby, Jr. M.D. to cancel his request for annexation of the Verby property located just north of the Northwood Addition of the City of Rochester, as previously described and requested was read. A motion was made by Kamm that the withdrawal of the application of Dr. Verby be accepted. DeWitz seconded the motion and all voted in favor thereof. The -following recommendation of the Airport Commission was read and upon motion by Haas, second by Tingley, the recommendation was accepted: "Honorable Members of the Common Council City of Rochester Rochester, Minnesota Gentlemen: At a meeting of the Rochester Airport Commission held on March 25, 1959, the following report was submitted by Mr. R. V. Shriek. Mr. Shriek advised the Commission that Mr. & Mrs. Albert Dahlke were abandoning further appeal in the Airport Commission proceed- ings and have requested payment of the jury verdict. Mr. Ehrick further state& that while the Dahlke's were entitled to interest at the rate of 6% to March 19, 1957 date of payment, the city was entitled to a set off of the reasonable rental value �of the premises farmed by the Dahlke's. After negotiating the matter with Mr. Dahlke's Attorney, Mr. Shriek reommended that the sum of $1,000.00 as the reasonable rental value of the farm house and the small acreage farmed by the Dahlke's in 1957- Mr. Swenson moved the Commission recommend to the Common Council that the sum of $1,000.00 be accepted as the reasonalbe rental value of farm property occupied by the Dahlke's in 1957 and that the sum be deducted in paying the jury's award plus interest. Motion second by Mr. Schuster with a unanimous vote by the Commission. Respectfully, �s 'RED W. SCHUSTER, Chairman Airport Commission" The following letter from the Airport Commission was read and upon 1 • 1 1 1 motion by DeWitz, second by Kamm, the same was approved: r- Record of Official. Proceedings of the'Common'Council�: of _the_ City. of. Rochester, Minn.,__ March 31, 19 58 OSWALD PUBLIBHINO CO., NEW ULM, MINN. 5195 "Honorable Members of the Common Council City .of Rochester Rochester, Minnesota Gentlemen: At a meeting of the Rochester Airport Commission held. on March 25, 1959, the following report was submitted by Mr. R. Y. Ehrick, ' A motion iy C. A. Armstrong, second by Ray Schroeder recommending that the Common Council accept said report. Mr. Ehrick, Mr. Swenson and Mr. McGhie after consultation with CeS Mr. G. F. Thorkelson of the :Thorkelson Farm Management Service gave the following report on lands that the New Municipal Airport not , needed for construction purposes during the year 1958 and available for farming purposes. ' After a thorough discussion of the *,parcels of land involved and recommended rates, Armstrong.moved the report be approved and the Airport Commission recommend to the Common'Council • that the various parcels, except parcels #3 and_46 be offered'to the former owners for a term beginning April 1, 1958 .,and ending December 31, 1958 for cash rent payable one half upon execution of lease and one half on or before September 1, 1958. Armstrong further moved that parcel #3 , be offered to Mr. Ray Ringey and that .parcel #6 ;;be offered to Mr. Edwin Doty. Attached herewith is a list of the farms, description, total acres available, acres tillab]D and recommended total rent. 0 Respectfully, fs Fred Schuster, Chairman Airport Commission" A letter from Rochester. West Company submitting two suggested plans for storm sewer disposal from Country Club Manor was read and upon motion by Haas, second by Kamm, the same were referred to the Sewer Committee and the City Engineer. All voted in favor thereof. The following resolution. adopted by the. Public Utility Board was read and President Schroeder ordered the same placed on file: "WHEREAS, the Public Utility Board, on February 25th, 1943 did adopt an "EMPLOYEE'S PENSION PLAN", subsequently approved by the Common Council, and WHEREAS, benefits under this plan are described in "THE EMPLOYEE'S RETIREMENT REGULATIONS" and such regulations provide that "The Public Utility Board shall pay such retirement pensions out of their operating accounts, and, if and when they deem it necessary they may establish a Sinking Fund to provide for the payment of pensions; and WHEREAS, the Public Utility Board has deemed it advisable and in the beat interest of the Department to pay pensions out of operating accounts up to this time, and WHEREAS, Local Union No. 949 has requested "that action be taken • to place the Pension Plan on an insured or.funded basis, with provisions to amortize the accrued liability, and WHEREAS, the Public Utility Board is agreeable to this praceedure, subject to the limitations of it's current financial position. THEREFORE, be it and it is hereby resolved by the Public Utility Board that the Common Council and the Sinking Fund Commission be and are hereby requested to establish a "SINKING FUND FOR EMPLOYEE'S PENSIONS -PUBLIC UTILITY DEPARTMENT" and that disbursements from such fund be limited to pension payments to employees and their dependents of the Public Utility Department as stipulated in "The Employee's Retirement Regulations", and Be it and it is further resolved that the amount of $25,000.00 be and is hereby transferred from the Public Utility Fund to 'the "Sinking Fund for Employee's Pensions" and that it be the policy of the Public Utility Board to transfer a like amount annually to the said Fund until the Fund equals the accrued liability for pensioners and survivors, and Be it and it is further resolved that current pension payments be paid out of operating accounts as heretofore." The recommendation of the Survey Committee that the petition to vacate 5th Street Southeast from loth Avenue Southeast to llth Avenue Southeast be I ` 6. Record of Official Proceedings of the Common Council of the City of Rochester, Minn., Marsh 31, 1959 • OSWALD PUBLIBHINO CO.. NEW ULM, MfNN. 5195 denied was again read. Mrs. Frank W. .Ewert of 431 - llth Avenue S. E. was present and opposed the vacation of this street. Mr. Joseph Mackey, the petitioner, was also present and urged that the Council vacate this street. After hearing those present a motion was*.made by Haas, that the recommendation of the Survey Committee, that the petition be denied, be approved. Alderman Briese seconded the motion and all voted in favor thereof. The following resolution adopted by the Board of Park Commissioners was read: "WHEREAS, the City of Rochester, acting through it's Common Council on the recommendation of the Board of Park Commissioners, has agreed by resolution adopted on November 4, 1957, to exchange certain lands • owned by the City in Silver Lake Park for certain lands owned by Grace.. Lutheran Church, adjacent to andabutting upon Silver Lake Park, and WHEREAS, as a part of said agreement and in.order to enable the Grace Lutheran Church to have access -to its' property, it is necessary that the City grant an Easement for driveway and sidewalk purposes f rom.the present.park drive in Silver Lake Park to the church property. NOW THEREFORE, be it resolved by the Board of Park Commissioners that the following described permanent easement for driveway and side"walk purposes is hereby approved, and the Common Council is requested to authorize and direct the Mayor and City Clerk of the City of Rochester to grant the said easement to the said Grace Lutheran Church as a part of the consideration for the exchange. The requested easement is described more particularly as follows: A permanent easement for driveway and sidewalk purposes over that part of Lot Thirty-eight (30), State Plat of Section Thirty-six (36), Township One Hundred seven (107) north of Range Fourteen (14) west, Olmsted County, Minnesota. That part of Lot Thirty-eight (38), commencin at a place of beginning which is Three Hundred Sixty One (31) feet West and Two hundred Sixty-five and nineteen Hundreds (265,19) feet north of the southeast corner of Lot Thirty-eight (39), thence West Two Hundred and Eleven (211) feet to the new park drive, plus Ten (10) foot radius turn to join to the new park drive, then from the straight east and west line, north, a distance of Forty-six (46) feet, plus a Ten (10) foot radius connection to the park drive and -thence straight east a distance of Two Hundred Eleven (211)•feet and thence Forty-six (46) feet south to place of beginning. The South Six (6) feet of described property to be used for an area to deposit snowat snow plowing time, and the north Six (6) feet for a sidewalk area. The inter- mediate Thirty-four (34) feet to be the drive. BE IT FURTHER RESOLVED that .the Common Council, as a condition to granting this easement, require the Grace Lutheran Church to enter into an Agreement with the City to maintain the driveway and 's idewalk in a reason- able and safe condition for vehicular or pedestrian travel and in the event, the Church fails to do so, authorizing the .City, or the Park Department, to repair and maintain the same and charge the costs 'to the Grace Lutheran Church; and further, requiring the Church to hold the City hartless from • any loss for injury -or damage which may result from the use or condition of said driveway and sidewalk, and requiring the Church to file with the City Clerk, and maintain in force, a policy of public liability insurance with the City as a named insured, having bodily injury limits of at least $50,000/$100,000 and property damage limits of at least $10,000.00.0 Mr. Oscar Ronken, representing the Grace Lutheran Church, was present and stated that they were certain conditions in the above resolution which they did not agree with. A motion was made by Haas, second by Briese, that this matter be referred to the Public Grounds Committee and City Attorney to meet with Mr. Ronken and dis- cuss same. All voted in favor thereof. The recommendation of the Street & Alley Committee City Engineer and the that the request of Mr. Richard Watson to salvage paper and scrap material at the City Dump for one month trial upon payment of $135.00 per month be granted subject Record of Official Proceedings of the Common Council of the City of Rochester, Minn.,. OSWALD PUBLISHING CO., NEW ULM. MINN. 9195 - .to the following regulations was read: 1. That all salvaging will be done below the bank of the dumpSng area. 2. All of the salvager's equipment will be placed not less than 50 feet out from the toe of the dump, 3. The salvager shall conduct his operations so that they interfere in no way with the normal packing and covering of the dump. Z7 4. The salvager will save the City free of all liability connection C� -in with his operations. Upon motion by Haas, second by DeWitt, and all voting in favor thereof, the recommendation was approved. The recommendation of the Sewer Committee that the East Center Street Market at 204 East Center Street be granted the reduced rate of 5 cents per 100 • cubic feet for clear water from.3 compressors which is discharged into the san- itary sewer as provided in Ordinance No. 762 was read and upon motion by Haas, second by Briese, the _recommendation'was approved. All voted in f'avor thereof. The following recommendation was read and upon'motion by Haas, second by DeWitt, the same was approved and the City Clerk was instructed to prepare a resolution ordering the.sald bids: Honorable Mayor & Common Council City of Rochester, Minnesota Gentlemen: We, the undersigned, recommend that the plans be approved and bids be advertised for the first meeting in May for the following described sanitary sewer project: Construction of a sanitary sewer on 6th St. S.W. from a point 190 feet west to 450 feet west of 15th Ave. S.W.; and in Block 2 Dresbach's Addition, in 14th Ave. S. W., 15th Ave.-S.W., 8th St. S, W', and along T, H. 52. This project is known as the "Southwest Trunk Line and Sanitary Sewer Project". Hearings were held in August, 1951• . We further recommend that the lots on 6th St. S.W. and Sth St. S.W. be assessed the same as the average cost for lots in Block 1 and 2 Dresbach's Addition.. It has been previously recommended that all lots in the project` be assessed $40 per lot as their share of the trunk line section along the highway. Respectfully, ( /s H. J.- Briese Sewer Committee ( /s J. C. Haas ( /s Harold Kamm The following recommendation of the Street & Alley Committee and City • Engineer was read and upon motion by Kamm, second by Tingley, the same was oredered tabled until the meeting of April 7, 1958: "Honorable Mayor & Common Council City of Rochester, Minnesota Gentlemen: We, the undersigned, recommend that -the request of -Bert Leitzen to construct the local improvements in Leitzen's 3rd Subdivision at his own expense be approved. We further recommend that the City Engineer be authorized 'to prepare plans and specifications for these improvements and that a contract agreement be drawn upon their completion providing for Mr. Leitzen to do the work at his expense. The contract shall atipulate,that no houses are to be built until sewer and water•mainsare installed and the street construction is ad- vanced to the point that they will be surfaced before the house is occupied. The description of the project ,will be "Sanitary Sewer, Storm Sewer, Water Main,'Service Connections, Street Grading and Bituminous Surfacing on 13th St. Northeast in Leit.zen's 3rd Subdivision. Respectfully, / s J. C. Haas • S & A Committee /s Harold Kamm /s H.J.Brie8e 24 .' Record of Official Proceedings of the' Common' Council of the City of Rochester, Minn., March 31, 19 58 The recommendation following of the Water Committee was read and upon motion by Haas, second by Kamm, the same was accepted, all voted in favor thereof. "Honorable Mayor & Common Council City of Rochester, Minnesota Job 5603 N. E. Service Area Water Supply Gentlemen: In the matter of financial arrangements and assessments against beaef ited property for the proposed water supply reservoir, and Trunk Line Water Mains to serve the High District of the Northeast Service Area, we have met with Messrs. Krofchalk, Pierce and Hodge. We recommend that the project be deemed feasibel and the pro- ceedings continued, with the assessments to be made on the following basis: 1. The Northern Heights area on which the preliminary plat Is drawn,(approximately, 100 acres) and the Mohn and Hodge area, (approximately 50 acres) pay in advance of the construction contract an amount equal to 25% of the estimated assessments on these tracts. 2. The otJaer 75% of each tract °s respective assessment to be assessed against the property and spread over a: 10 year period. 3. All other lands in the benefited area be assessed on the same basis. Itespectfully, ( /s H. J. Briese Water Committee ( Zs J. C. Haas ( /s Harold Kamm" The recommendation of the Police Committee that a full time man be employed to assist the city painter was read and upon motion by Tingley, second by DeWitz, the recommendation was approved. All voted in favor thereof. A letter.fr.om .the Rochester Police Civil Service Commission recommending that 13 men be added to the Rochester P-oli-ce Department•, -in"easing the department by eleven patrolmen, -one new police captain and one new assistant superintendent of the Juvenile Division was read together with the recommendation of the Police Committee making the same recommendations. Upon motion by Tingley, second by Briese, the recommendation was approved and the City Attorney was instructed to prepare an ordinance making the requested changes. All voted in favor thereof. A report from the Planning and Zoning Commission on the final plat of Sunset Terrace 2nd Addition listing the following information and stating that when these conditions have been met, they will submit another recommendation, was read and upon motion by DeWitz, second by Tingley, the same was tabled: 1. The. name of the plat should be changed to read .Sunset Terrace 2nd Addition. 2. The street called 20th Avenue N. W. on this plat, shall be made to extend from 18* Street N. W. to 19th Street N. W. 3. The street numbering shall be changed as follows: a. 20th Avenue N. W. shall be numbered 21st Avenue N. W. b. 16th Street N. W. shall be called.Valleyhigh Drive. 4. The Board of Education has requested that an option be taken to pruchase a school site in this addition. After further consu]tation! with the Sutp. of Schools it was decided that the school site should contain the following described lands: a. All of Blocks 4.and 5 of Sunset Terrace 2nd Addition including the proposed street right-of-way for 17th Street N. W. from 19th Ave. N.W. to 21st Ave. N.W. (shown as 20th Avenue N. W. on preliminary plat) b. Also Lots 1 and 2 Block 11 and Lots 1 and 2 Block 12 of Sunset Terrace Addition. 5. The alignment of 16J Street N.-W. shall be revised to conform to the approved preliminary plan. 1 • 1 • 1 1 U".) CC? • 1 11 • 1 Record of. Official Proceedings of the Common Council. of the City of Rochester, .Minn., - March 31, 1959 .M. MINN. 5195 - The report_ of the Planning & Zoning Commission regarding the petition to annex the Hall property N. W. and requesting the following requirements to be made before the same be annexed was read and President Schroeder ordered the same placed on.file: 1. The following described lands should be acquired for street right-of-way purposes. a. A strip of land 17 f t. wide on the south side of 14th -St. N. W. from 19 th Ave. N. W. to V. S. 52, This land involves the Gas Co. but is necessary to complete the street plan. b. A strip of land 50 ft. side on the east side of 19th Avenue N. W. from 7th Street N. W. to 14th Street N. W. 2. A plat should be submitted of this parcel of land'. A report from the Planning and Zoning Commission -calling -to the atten- tion of the Council that Mr. Bert:Leitzen.had appeared at a meeting;:of the Commission to discuss a problem concerning zoning and future street needs in the area where he is planning to moire his concrete block business and that the City Planning Director had been instructed to prepare a layout map of this area for consideration, was read and President Schroeder -ordered the same placed on file. A motion was then made by Tingley; second by DeWitz, that the matter of Mr. Leltzen moving his concrete block business, which was to have been done by Apr UM 1, 1958, be referred to the City Attorney for investigation; All voted in favor of the motion. A letter from the Planning and Zoning Commission calling attention to the two following resolutions adopted by Cascade Township, and recommending that the Common Council work with the town boards in establishing a City=Township Planning -Commission was read: 1. Cascade Township agreed that the road from highway 14 to highway 63 as shown on planning map is necessary and should follow property lines if possible, also recommends that the County_ Commissioners and City Officials take steps necessary for laying out said road. 2. Motion passed and adopted that the Cascade Planning'Committee arrange to meet with the City Planning Commissionand all townships interested in joint planning." A motion was then made by Alderman Kamm that the Mayor, together -with Mr. Grue President of the Planning and Zoning Commission, send a letter of recognition to the -Cascade Township -on the two above motions and express the desire to cooperate with them on all mutual problems. Alderman Briese seconded the motion and all voted in favor thereof. The recommendation of the Planning and Zoning Commission that the proposed replat of the area from 5th Avenue Southeast to 9th Avenue Southeast and Bear Creek to 6th Street Southeast be approved and the owners involved be Invited to meet with the Planning Director to work out the replatting details was read and upon motion by Haas, second by Briese, the same was referred to the Survey Committee. All voted in favor thereof. The recommendation of the Planning and Zoning Commission that the Record of Official Proceedings of the Common Council of the..City of Rochester, Minn., March 31, 1958 OSWALD PUBLIBNINO CO., NEW ULM, MINN. 5195 petition to vacate 5th Street Southeast from Sth Avenue S.. E. to 9th Avenue S-E. be denied for the following reasons (1) that part• of- 5th Street lying east of Bear Creek is being used as a drainageway for Mayo Run and (2) that part of 5th Street lying west of Bear Creek is presently vacant, but will be needed for public purposes under a proposed replatting, was read and upon motion by Haas, second by Morris. the .same was referred -to the Survey Committee. All voted in favor thereof. The recommendation of the Survey Committee that they had reviewed the need for acquiring additional lands for street purposes in Edgewood Addition and recommend that .(1) the lands shown on the attached map, which- are owned by Mr. Bowers and Mr. Nelson, shall be condemened for street purposes and (2) the cost for acquiring said lands shall be assessed against the properties benefited, namely Edgewood Addition, Mr. Bower's property and Mr. Nelson's property, was read and upon motion by Tingley, second by Kamm, the recommendation was approved and the City Attorney was instructed to prepare a resolution starting the condemnation proceed- ings. All voted in favor thereof. Vice A letter signed by Andrew E. Towey,/President of Rochester West Company, filing the original plat of Country Club Manor Second Addition was read and upon motio3h by Haas, second by Tingley, the plat was referred to the Planning and Zoning Commission. All voted in favor thereof. The following applications for 00n Sale" License to sell intoxicating liquors.were each read and upon motion by Tingley, second by Kamm, the licenses were grantedt Harry H- Drosos and Harry R. Drosos dba Harry's Bar; Erwin A. Glasenapp-Normandy Bar; Edna M. Rubenstein dba Tropic Lounge; William J. yoriarity dba Alibi Ina; Evert J. Meyers - Roxy Bar; The Kahler Corporation-Hemiephele Room; Harold A. and Walton E. Witzke dba The Town House; George M. Pappas dba Michael's Supper Club, Inc.; Edward S. Webster dba Morey's Bar & Cafe Inc.; Donald G. Witzke dba Heidelberg Bar; Joseph W. Hamm dba Jerry's Bar; Joe P. Grubb dba North Star Bar; Arthur A. Rudloff dba Louis's Bar; Gertrude John dba Hollywood Bar; Paul A. Laura A. and Carlton D. Grassle dba Carlton Hotel; Wm. T. McCoy Post #92 American Legion; V. F. W. Whitlock Sonnenberg Post #1215; A. F. of L. Union Club, Inc.; Fraternal Order of Pagles, Zumbro Aerie #2228 and B. P. 0. Elks Lodge #1091 Inc. The following on sale liquor license bonds were -each read and upon motion by Tingley, second by Morris, the same were approved, the surety thereon accepted and the same were ordered placed on filet Harry H. and Harry R. Drosos, Edward Webster, The Kahler Corporation, Edna M. Rubenstein, Fraternal Order of Eagles, and B. P. 0. Elks Lodge #1091 each in the amount of $3, 000.00 with the Western Surety Company as surety; Gertrude John, Arthur Rudloff, Joseph W. Hamm, Donald Witzke and Everett J. Meyers each in the amount of $3,000,00 with the Standard Accident Insurance Company of Detroit as surety; Whitlock Sonnenberg Post 1215 1 1 1 C1 i Record of Official Proceedings of the Common Council of the City of Rochester, .Minn., March 31, 19W 1 • 1 1 Veterans of Foreign Wars Inc., A. F. of L. Union Club, Michael's Supper Club, Inc.l and Harold A. and Walton E. Witzke each in the amount of $3,000,00 with the Hartford Accident and Indemnity Company as surety; Hotel Carlton and Joe P. Grubb each in the amount of $3,000.00 with the American Surety Company of New York as surety; William J. Moriarity in the amount of $3,000..00 with the St. Paul Fire and Marine Insurance Company as surety; Erwin A. Glasenapp in the amount of $3,000.00 with the National Indemnity Company as surety and Wm. T.'McCoy Post #92 American Legion in the amount of ,$3,000.00 with the Travelers Indemnity Company as surety, The followffing resolutions were each introduced and read and all voting In favor thereof, President Schroeder declared the same duly passed and adopted: Resolution authorizing and directing the Mayor and City Clerk to execute_ leases on various parcels of land for New Municipal Alprort not needed for construction.purposes during the growing season of 1958. Upon motion by Briese, second .by DeWitz, resolution adopted. Resolution appropriating $55,243.33 from the General.Fund and ordering payment made to Albert P. Dahlke, Nora Dahlke and Foley and Foley their Attorneys. Upon motion by DeWitz, second by Haas, resolution adopted. Resolution granting one public &a.nce permit to Gener Thompson. Upon motion by Haas., second by Kamm, resolution adopted,. Resolution approving the resolution adopted by the Public Utility Board on March 25, 1958 re Employees Pension Plan. Upon motion by Kamm, second by Morris, resolution adopted. Resolution appropriating $2,662.47 from the Park Improvement Fund and $878.40 from the F. E. Williams Estate Fund and ordering payment made to Mayo Civic Auditorium Revolving Fund $1,906.4; City of Rochester, P. U., $756.00; and Mayo Civic Auditorium $878.40. Upon motion by Morris, second by Tingley, resolution adopted. - Resolution appropriating $84,713*49 from the Sinking Fund and ordering payment made to the Sewer Fund. Upon motion by,Tingley, second by Briese, resolution adopted. Alderman Tingley introduced the following resolution which was read: "Be it resolved by the Common Council of the City of Rochester, Minnesota that this meeting at which bids are being opened for the sale of the first installment of the City's General Improvement Bond Issue, is a fitting occasion to remember and acknowledge the indebtedness which this ,Council and the people of the City of Rochester owe to former Alderman A. G. Whiting, whose tireless efforts were in a large measure responsible for bringing to fruition this Bond Issue and the many worthwhile projects the construction, of which it will finance. Mr. Whiting ably served the City as Alderman from the Second Ward from December, 1952 through September, 1957 when personal reasons compelled him to resign shortly after the beginning of his third term. In addition to his service as Alderman, he served as a member of the • 25Z Record of Official Proceedings of. the Common Council of the City,of Rochester, .Minn., March 31, 1959 Public Utility Board and was-instrumental•in negotiating and establishing the City's first electric power interconnection with the Dalryland Power Cooperative. Mr. Whiting will always be remembered as an outspoken and forthright representative of the people: His painstaking develop- ment of the factual foundation for thoughtful and' intelligent dondsideration of the many tasks and problems .confronting the Council proved invaluable and resulted in high standards of legislative action. Perhaps the qualities which most typified Mr. Whiting's service as an Alderman are his integrity on the one hand and on the other hand his tenacity in following every project assigned or assumed by him to a final conclusion. His persistence and energy in seeing a matter through to the finish resulted in the accomplishment in many worthwhile projects for the City, among which the following will be recalled:. 1. Widening and paving Third Avenue Southeast. 2. Paving of First Avenue Southwest. 3. Negotiation of contracts with the City services with International Business Machines. 4. Work toward establishment of equitable assessments on local'improvemgnt projects. 5. Bridge and new road work on 7th Street Northeast from Second to Eleventh Avenue Northeast. 6. Improvement of job classification and salary structure. The people of Rochester sustained a great loss when Mr. Whiting found it necessary to resign. But the recollection of the Common Council at this time and undoubtedly the recollection of the many city employees with whom he became closely associated is that of a selfless public servant who devoted many years of his life in* improving Rmhester and its City Government. The Common Council is proud to express its gratitude to Mr. Whiting in behalf of the people of the City of Rochester. Be it further resolved that a.copy of this resolution be spread on the minutes of this meeting and that a copy be sent to Mr. A. Go Whiting." by Alderman Morris A motion was then made/that the.above resolution be.adopted as read, Alderman (Tingley seconded the motion and all voting in favor thereof, 'President Schroeder declared the said resolution duly passed and adopted. An Ordinance providing for the formation and.government of the' Police Department of the City of Rochester, Minnesota, was given its first reading. An Ordinance annexing to the City of Rochester, Minnesota, a part of the North one-half • of -the Northwest one -quarter; Section Twenty-five, Township One Hundred Seven North, Range Fourteen West, in Olmsted -County, Minnesota, was given its first reading. ✓ An Ordinance granting to Rochester Video, Inc. a non-exclusive franchise to erect, maintain and operate transmission cables and distribution facilities along the streets of the City of Rochester for the purpose of transmitting, dis- tributing and selling television impulses and televesion energy to the people of the City of Rochester, and prescribing the terms and conditions of such franchise, was given its first reading. { Opon motion by Haas, second by DeWitz, and upon roll call and all voting in favor thereof, the rules.were suspended and the ordinance was given its second reading. `/ A letter from Clarence Peterson requesting permission to connect to the sewer on 7th St. No W. which goes past the Hall property where he is going to park 1 CJ 1 1 U 1 Is, trailer was read and upon motion by Kamm, second by Hass, the same was referre& • Record of. Official Proceedings of the Common Council of the ..City . of Rochester, Minn., March 31, 1959 1 1 • 1 to the Sewer Committee and the City Engineer. All voted in favor thereof... Alderman Tingley introduced the following resolution which was read: RESOLUTION ESTABLISHING FORM AND DETAILS OF $1,500,000 GENERAL OBLIGATION BONDS, SERIES A, AND LEVYING TARES FOR THE PAYMENT THEREOF. BE IT RESOLVED by the Common Council of the City of Rochester, Minn- esota: 1. It is hereby found and determined: (a) That the electors of the City, at the special election called and held July 16, 19 57, by the requisite majority of votes cast upon each pro- position, authorized the -issuance of negotiable coupon general obligation bonds of the City in the amounts and for the purposes, and to mature in the respective years and amounts set forth below: •Street Sewage Dis- Storm Swimming Maturity System posal Plant Sewer Pool Years Bonds Bonds Bonds Bonds Total 196o $ L- s2, 600 $ 19, 600 $ - 24, goo $ 5,000 $ 132,000 1961 1962 95,000 20,000 20,000 25,000 5, Ooo 135, 000 �- 1963 90,000 25,000 5,000 140,000. 1964 90,000 100,000 20,000 25,0002 MOO 1401000 1965 25,000, 25,000 5,000 155,000 .100,000 25,000 30,000 5,000 160,000 1966 1967 l00;000 110,000 25,000 30,000 5,000 16o,000 196s 110,000 30,000 30,000 10.000 180,000 1969 120,000 30,000 30,000 1.0,000 lgo,000 30,000 35,000 10,000 195,000 1970 120,000 30,000 35,000 15,000 200,000 1971 1972 130,000- 130,000 35,000 35,000 ,000 ,000 15,000 10,000 215,000 215,000. 1973 14o,000 35,000 40,000 10,000, 225,000 19 74 14o; 000 : 4o, 000 4o, 000 15,000 23 5, 000 5 197150:000 4o,000 45,000 15,000 250,000 6 150, 000 45,000 45,000 15,000 255,000 1977 160, 000 45.000 50,000 15,000 270,000 Total $2,107, 600 $549,, 600 . %6o9, goo $175, 000 $3,'442.000 (b) For the purpose of paying expenses incurred and to. be incurred in the near future on the projects for which said. bonds were authorized, it is necessary at this time.for the City to issue bonds in the aggregate amount of $1,500,000, pursuant to said authorization, including $300,400 for the street system, $75,000 for storm sewers, and the entire amounts of $549,600-author- ized for the sewage disposal plant and $175,000 authorized for the municipal swimming pool., and it is deemed in the best.interest of the City -and it has been deemed in the best interest of the City to combine said bonds in a single issue in the amount of $1,500,000, designate.as the "General Obligation Bonds; Series "A", and said bonds have been duly advertised at public sale and sold In accordance with the most favorable bid received therefor, and it is now necessary to establish the exact form and details thereof in accordance with the authorization by the electors and the contract of sale. (c) That the sewage disposal plant of the City of Rochester is now and will continue to be owned and operated by it as a revenue -producing public utility and convenience; that by the provisions of Minnesota Statutes 19-57, Section 475*51, Subdivision 4 (3), the bonds authorized for the improvement of said plant are excluded f ro.m the "net debt" of the City, for the purpose of determining the application of limitations upon its indebtedness; that the remaining amount of bonds authorized at said election -with all outatand- ing.indebtedness, does not exceed any such limitation; and that from and afterthe issuance of said General Obligation Bonds, Series A, so much of the amount thereof maturing in each year as shall equal the amount authorized by the electors to mature in such year, for the purpose of the sewage disposal Plant, and no more, shall be excluded from "net debt" for the purpose of said limitations. 2. Said General Obligation Bonds, Series A, shall be dated as of Bpril 1, 1959, shall be 1500 in number and numbered from 1 to 1500, Inclusive shall bear interest at the respective annual rates set forth opposite their maturity years below, payable January 1, 1959, and semiannually thereafter on July 1 and January l of each year:until paid, and shall mature serially, without option of prior payment, on January 1, in the years and amounts as follows: 0 40 a Record of Official Proceedings of the -Common Council of the City -of Rochester, Minn., March 31, 1959 OSWALD PUBLISHING CO., NEW ULM, MINN. 5195 Maturity Years Amounts Int. Rates Maturity Years Amounts Int. Rates 1960 $132,000 5 1969 $ $0,000 2.1d 1961 5g, 000 24 1970 0,000 2.70% 1962 60,o00 2 % 1971 $06000 2.80 % 1963 TO',000 2 % 1972 90,000 3% 1964 70,000 % 197 90.000 3% 196 5 70,000 2 19T4 90.000 3% 1966 70,000 2 I 1975 100,000 3% 1967 80,000 2 % 1976 100,000 3% 196s 30,000 21% 19TT 100,000 3% The principal thereof and the interest thereon shall be payable at The Guaranty Trust Company of Hew.York in New York City, New Yor, or, at -the option of the holder, at the Northwestern National Bank of Rochester, in Rochester, Minnesota, and the City Hereby agrees to pay the reasonable and customary charges of said paying agent for the receipt and disbursement of the principal and interest moneys. -The City Clerk and her successors in office are hereby authorized and directed to procure, establish and maintain a register suitable for the registration of any of said bonds, as to principal only, upon request therefor by the holder of any bond, and each and all of said bonds shall be registrable, as to the ownership of principal only in the manner set forth in the form of bond provided below. 3. Said bonds and the interest coupons to be attached thereto and the registration forms to appear on the backs thereof shall be in substantially the following form, with suitable insertions of dates, numbers and interest rates: UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF OLMSTED CITY OF ROCHESTER GENERAL OBLIGATION BOND, SERIES A No. $1, 000 KNOW ALL MEN BY THESE PRESENTS, that the City of Rochester, in the County of Olmsted and -State of Minnesota, acknowledges itself indebted and for value received promises to pay -to bearer or,' if this bond is registered, to the registered holder hereof, the principal sum of ONE THOUSAND DOLLARS on the- lst day of January, 19 , without option of prior payment, and promises to pay interest on said principal sum from the date hereof until said principal sum is paid, at the rate of per cent %) per annum, payable January 1, 1959, and semiannually thereafter on July 1 and January 1 of each year, interest to maturity being payable in accordance with, and on presentation and surrender of, the interest coupons appurtenant hereto. Both principal and interest are payable at in , and are payable in any coin or currency of the United States of America which on the date of payment is legal tender for public and private debts. For the prompt and full payment of such principal and inter- est, the full faith, credit and unlimited taxing powers of the City of Roches- ter have been and are hereby irrevocably pledged. - This bond•is one of a series in the total principal amount of $1,500,0.00, all of like'date and tenor except as to serial number, interest rate and maturity -date, issued by said City for the purpose of providing the sum of $300,400 for the improvement �of streets; $549,600 for the enlargement of the municipal sewage dis oral plant, a public convenience and utility from which revenue is derived; $475,000 for the improvement and extension of the storm sewer system; and $175,000 for the acquisition and equipment of a muni- cipal swimming pool. The bonds of this series are issued pursuant to due authorization of bonds for each of said purposes by the Common Council of the City and'by the favorable vote of more than the requisite majority of the qualified electors -of the City voting on each of said propositions at an elec- tion duly and legally called and held therein, and pursuant to and in full conformity with -the provisions of the'Constitution and laws of the State of Minnesota and the Charter of the City thereupto enabling.. The aggregate principal amount of bonds authorized at said election is $3,442,000. This bond is transferable by delivery, except while registered as to principal in the name of a holder on the bond register of the City kept for that purpose at the office of Its -City Clerk with such registration noted hereon by said Clerk. While so registered, no transfer hereof'shall be valid unless made on such register by the registered holder in person or by his attorney duly authorized in writing and similarly noted hereon; but this bond may be discharged from registration by being in like manner trans- ferred to bearer, and thereupon transferability by delivery shall.be restored; but the bond may again and from time to time be registered.in the name of a holder or transferred to bearer as before. Such registration shall not af- 1 • 1 1 • 1 0 Record of Official Proceedings of the Common Council of the City of Rochester,. Minn., March 31,, 1958 i • 1 feet the negotiability of the interest coupons appurtenant hereto, which shall always continue to be payable to bearer and transferable by delivery. IT IS HEREBY CERTIFIED ARID RECITED that all acts, conditions and things required by the Constitution and laws of the State of Minnesota and the Charter of the City to be done, to happen, to exist and be performed precedent to and in the issuance of this bond, in order to make it a valid general obligation of the City according to its terms, have been done, have happened, do .exist, and'have been performed in regular and due form, time and manner so required; that the issuance of this bond did not cause the indebtedness of said City to exceed any constitutional, statutory or charter limitation; that, prior to the issuance hereof, a direct, annual, ad valorem tax has been duly levied upon all taxable property in said City for the years and in amounts at least 5% in excess of sums sufficient to pay the interest hereon and the principal hereof as'they respectively become due, and addi- tional taxes, if needed,. will.be levied upon all of such.property, wihtout limitations as to rate or amount; that the City has by ordinance established rates and charges to be imposed and collected for the services and facilities to be provided by said sewage disposal plant, and net revenues th-ereof may be appropriated from time to time to the payment of said bonds, to be used for cancellation and reduction of said levies; and that said tax levies are irrevocable, save and except'to the extent that moneys are provided by said net reveneues or from other sources and irrevocably appropriated and paid into the special Sinking Fund Account heretofore created within the.'municipal Sinking Fund for the payment of said bonds and interest thereon. IN WITNESS VMREOF the City of Rochester, Minnesota, has caus'e'd this bond to be executed in its behalf by the facsimile signature of its Mayor and by the manual signature of its City Clerk and its official seal to be affixed, and the interest coupons appurtenant hereto to be executed and authenticated by the facsimile signatures of the said Mayor and City Clerk, and this bond to be dated as of April 1, 1959. (Facsimile of Mayor's signature) _ (Place for signature of City Clerk) Mayor City Clerk ( SEAL) (Form of Coupon) No. On the 1st day of January (July), 19 , the City of Rochester, Minnesota, will pay to bearer at in - the sum of DOLLARS for interest then due on its General Obligation Bond, Series A, dated April 1, 1959, No. (Facsimile signature) (Facsimile signature) Mayor Clerk (Form of text and -.-grill for registration to appear -on the back of each bond) The within bond has been registered, as to ownership of principal only, on the bond -register kept at the office.of the City Clerk in Rochester, Minnesota, NO WRITING HEREON EXCEPT Date Registered Owner BY THE CITY CLERK Signature of Clerk 4. Said bonds shall be prepared for execution under the direction Of the City Clerk and attorneys, and when so prepared shall be executed in behalf of the City by the facsimile signature of the Mayor being engraved printed or lithographed thereon and by the manual signature of the City Clerk, who shall affix the official seal to eacll .of said bonds; and the interest; cou- pons shall be executed and authenticated by the; printed, engraved or litho- graphed facsimile signature of the Mayor and City Clerk. When the' bonds have been so executed,'they shall be delivered by the City Treasurer to the purchaser upon receipt of the purchase price heretof are agreed upon, and the purchaser shall not be required to see to the application thereof. 5 - Record of Official .Proceedings of the ' Common Council of the City of Rochester, Minn., March 31, 1958 OHWALD P118 L18 HIND CD., NEW 11LM. MIN N. 5f95 5. There is hereby created within the municipal Sinking Fund a separate and special account to be designated as the "General Obligation Bond Account", to be used solely for the payment of the principal of and interest on the bonds herein authorized, and on any additional generl obligation bonds hereafter designated by the Common Council; provided that if any payment of principal or interest on said bonds shall become due -when there is not suf- ficient money in said account therefor, the Treasurer shall pay the same from moneys in any other fund of City, and such other funds may be reimbursed for such advances out of the proceeds of the taxes herein levied which are -there- after received. There are hereby irrevocably appropriated to said account (a) all accrued interest and any premium received by the City upon the delivery of said bonds to the purchaser thereof, and (b) all sums collected on the taxes .herein levied. The City reserves the right to appropriate additional moneys f rom any other source, from time to time, including net revenues of the sewage disposal plant in excess of those required and appropriated for the payment of the Sewage Disposal Plant Bonds dated July 1, 1950. For the prompt and full payment of the principal of and interest on said onds as suc payments respectively fall due, the full faith, credit and unlimited taxing powers of the City shall be and are hereby irrevocably pledged. To'provide moneys for such payments,'there is hereby levied upon all the taxable properties within the territorial limits of the City a direct, annual, ad valasm tax which shall be spread upon the tax rolls and collected as a part of other general taxes of the City for the years (collectible in the respective -ensuing years) and in the amounts as follows: Year Amount, Year _ Amount 1959 $ 217,700 1967 $ 108,700 1959 99,200 1968, 106,6600 196o 99,900 1969 1o4,300 3L961 109,000_ 1970 112,450 1962 107, 300 1971 ion -3,94, 6 o o 1963 105,700 1972 lo6,80o 1964 lo4,000 1973 114946o �99665 112,900 1974 111,300 6 110,S00 1975 1099200 Said levies are hereby made and declared to be irrevocable as long as any of said bonds are outstanding, save and except that the City hereby expressly reserves the right and power to reduce any of the above levies at the time and in the manner and to the extent permitted by Minnesota Statutes 1947, Section 475. 61. 7. The City. Clerk is hereby authorized and directed to file with the County Audtior of Olmsted County, Minnesota, a certified copy of this resolu- tion, together with such other information as the County Auditor may require, and to obtain from the County Auditor a certificate that the tax required by law for the payment of said bonds has been levied and that said bonds have been entere& upon his bond register. 89 The officers of the City and the County Auditor of Olmsted County are hereby authorized and directed to prepare and furnish to the pur- chaser of said bonds, and to the attorneys approving the legality of the issu- ance thereof, certified copies of all proceedings and records of the City relating to said bonds and to the financial condition and affairs of the City and such other affidavits, certificates, and information as may be required to show the facts relating to the legality -and marketability of the bonds as the same appear from the books and records under their custody and control or as otherwise known to them, and all such certified copies, certificates, and affidavits, including any heretofore furnished, shall be deemed representa- tions of the City as to the truth of the facts purported to be shown therein. A motion was then made by Alderman Haas that the above resolution be adopted as read. Alderman Kamm seconded the motion and upon roll call and all voting in favor thereof, President Schroeder declared the said resolution duly passed and adopted. Alderman Tingley introduced the following resolution which was read: • 0 Record of Official:- Proceedings of the. Common Council of the City of Rochester, Minn., March 31,. 1958 1 • 1 1 • 1 RESOLUTION AUTHORIZING AND DIRECTING THE ISSUANCE OF IMPROVEMENT BONDS, SERIES C, PAYABLE FROM THE IMPROVEMENT BOND ACCOUNT OF THE SINKING FUND, AND APPROPRIATING SPECIAL ASSESSMENTS AND TAXES FOR THE PAYMENT THEREOF BE IT RESOLVED by the Common Council of the City of Rochester, Minnesota: 1. It is hereby found and determined that the City has heretofore ordered and contracted for the construction of various local improvements and has determined the area proposed to be assessed therefor, after proper hear- ing and advertisement for bids, in accordance with the provisions of Minnesota Statutes 1957, Chapter 429; that the total benefits resulting from each of said improvements to the properties within the area assessable therefor is not less than the cost thereof, and the City now has full power and authority to finance the same by the levy of special assessments upon such properties and, to the extent to be determined by the Council, by the levy of ad valorem taxes on all taxable property within its corporate limits, for the payment of such portions of the cost as should be borne by the City at large, or such portions of the cost of water and sewer improvements as should be deferred for assessment at a later date; that it is necessary and expedient for the City at this time to issue its negotiable coupon general obligation improvement bonds Pursuant to said Chapter 429 in the principal amount of $1,000,000•, to pay expenses necessarily incurred and to be incurred in connection with said im- provements, which bonds have been duly advertised and sold at public sale; that it is necessary to establish the precise form and details of said bonds as hereinafter provided, in accordance with the contract of sale heretofore made; and that the general nature of each of said improvements, the project number heretofore assigned thereto and the total cost thereof as presently estimated are as.follows: A. Improvements Proposed to be Assessed in Ten Installments. Nature Project Number Water main, sanitary sewer, storm 5702 sewer, service connections and 5703 grading 5709 Water main, sanitary sewer and 570 grading 570Z Sanitary Sewer,grading and surfacing 5422 Water tower, site, foundation, con- necting piping and trunk line 5717 Water main and sanitary sewer 5615 Sanitary sewer 5208 B. Improvements Proposed to be Assessed in Five` Installments. Nature Grading and surfacing Water storage standpipe Sanitary Sewers Pro ject . Number 5715 5632 5801 5710 5316 5 50 2A 5015 5208A 5619A 5209 .Estimated Cost $ 3 55, 5o 6, o4 7b,807.s6 253.36o.36 189, 337- 46 17.33 5.30 6. 512• 97 180,347.58 149276.69 104'.641. So Estimated Cost 100207.80 3, 900.15 52,900.00 135, 772.44 957.32 5,17 3.. 3 8 17, 886.41 5,6oO.25 13, 603-. 57 3,317.00 2. Said bonds shall be designated as °Improvement Bonds, Series 00, shall be 1000 in number and numbered from 1 to 100o, inclusive, each is the denomination of $1,000 and in the aggregate principal amount of $1,000,000. and shall be dated as of April 1, 1958. Said bonds shall bear interest at the respective annual rates set forth opposite their maturity years below, payalbe January 1, 1959, and semiannually thereafter on July 1 and January 1 of each year, and shall mature serially, without option.of prior payment, on January 1 in the years and amounts as follows: 0 Record of Official Proceedings of the Common Council of the City.of Rochester, Minn., March. 31, 1958 Maturity Interest Maturity Interest Years Amounts Rates Years Amounts Rates 1960 $ 95,000 5 % 1966 $ 95.000 21% 1961 95,000 2 % 1967 95,000 21% 1962 95,000 2 % 1969 95,000 2 % 1963 8 5, 000 2 % 1969 9 5, 000 2 % , 1964 85,000 2 % 1970 7 5, 000 2. 70% 1965 95,000 2$% 1971 75.000 2.80% The principal thereof and the interest thereon shall be payalbe at The Guaranty Trust Company of New York in New York City, New York or, at the option of the holder, at the Northwestern National Bank of Rochester, in Rochester, Minnesota, and the City hereby agrees to pay the reasonable.and customary charges of said paying agent for the receipt and disbursement of the -principal and interest moneys. The City Clerk and her successors in office are hereby authorised and directed to procure, establish and maintain a register suitable for the registration of any of said bonds, as to principal only, upon request therefor • by the holder of any bond, and each and all of said bonds shall be registrable, as to the ownership of principal only in the manner set forth in the form of bond provided below. 3. Said bonds and the interest coupons to be attached thereto and the registration forms to appear on the backs thereof shall be in substantially the following form, with suitable insertions of dates, numbers and interest rates% UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF OLMSTED CITY OF ROCHESTER IMPROVEMENT BOND, SERIES C No. $1, 000 KNOW ALL MEN BY THESE PRESENTS that the City of Rochester, in the County of Olmsted and State of Minnesota, acknowledges itself indebted and for value received promises to pay to bearer or, if this bond is registered, to the registered holder hereof, the principal sum of ONE THOUSAND DOLLARS on the let day of January, 19 , without option of prior payment, and promisee.to pay interest on said principal sum from the date hereof until said principal sum is paid, at the rate of per cent ( %),per annum, payable January 1, 1959, and semiannually thereafter on July 1 and January 1 of each year, interest to maturity being payable in accordance with, and on presentation and surrender of, the interest coupons appurtenant hereto. Both principal and interest are payable at in and are payable in any coin or currency of the United States of America which on the date of payment is legal tender for public and private debts. For the prompt and full payment of such principal and inter- est, the -full faith, credit and unlimited taxing powers of the City of Rochester have been and are hereby irrevocably pledged, This bond is o-ne of a series in the total principal amount of $1,000,000, all of likedate and -tenor except as to serial number, interest rate and maturity date, issued by said City.for the purpose of defraying expenses incurred and to be incurred in the construction of. local impoovements hereto- fore duly ordered and directed to be made in and for said City, in anticipation of the levy and collection of special assessments with respect to said • Improvements and of taxes for the payment of the portion of the cost thereof devolving upon the City, and is issued pursuant to and in full conformity with resolutions duly adopted by the Common Council after hearing as required by law, and pursiant'to and in full conformity with the provisions of the Constitution and laws of the State of Minnesota end the Charter of said City thereunto enabling, including Minnesota Statutes, Chapter 429. This bond is payable primarily from the Improvement Bond Account of the Sinking Fund of the City of Rochester, to which said taxes and assessments have been appropriated, but the Council is required to pay the principal and interest thereon out of any funds in the treasury in the event that the moneys on hand in said account should at any time be insufficient to meet the payment of maturing principal and interest. This bond is transferable by delivery, except while registered as to principal in the name of a holder on the bond register of the City kept for that purpose at the office of its City Clerk with such registration noted hereon by said Clerk. While so registered, no transfer hereof shall be valid unless made on such register by the registered holder in person or by his attorney duly authorized in writing and similarly noted hereon;*but this bond may be discharged from registration by being in like manner transferred to bearer, and thereupan transferability by delivery shall be restored; but the bond may again and from time to time be registered in the name of a holder or trans- ferred to bearer as before. Such registration shall not affect the negotiability Record of Official. Proceedings of the Common Council of the City of Rochester, Minn., Marc h 31, 1959 1 LJ i r� U of the interest coupons appurtenant hereto, which shall always continue to be payable to bearer and transferable by delivery.. IT IS HEREBY CERTIFIED AND RECITED that all acts,•conditions and things required by the Constitution and laws of the State of Minnesota and the Charter of the City to be done, to happen, to exist and be Performed precedent to and in the issuance of this bond, in order to make it a valid general obligation of the City according to its terms, have been done, have happened, do exist, and have been performed in regular and due form, time 'and manner as so required; that the issuance of this bond did not cause the indebtedness of said City to exceed any constitutional, statutory or charter limitation; that it is estimated that said special assessments and taxes will be collected in the years and amounts required to produce sums not less than 5% in excess of sums sufficient to pay, the interest hereon and the principal hereof as they respectively become due; and that additional taxes, if needed for said purpose, may be levied upon all taxable property in the City, without limitation as to rate or amount. IN WITNESS WHEREOF the City of Rochester, Minnesota has caused this bond to be executed in its behalf by the facsimile signature of its Mayor and by the manual signature of its City Clerk afld its official seal to. -be affixed, and the interest coupons appurtenant hereto to be executed and authenticated by the facsimile signatures of said. Mayor and City Clerk, and thisbond to be dated as of April 1, 1959. (Facsimile of Mayorls signature) (Place for signature of City Clerk) Mayor City Clerk ( SEAL) (Form of Coupon) No. On the lst day of January (July), 19 Minnesota, will pay to bearer at , the City of Rochester, in the sum of DOLLARS f:or interest then.due on its Improvement Bond, .Series C, dated April 1, 1959, No. (Facsimile signature) Clerk (Facsimile signature) Mayor (Form of text and grill for registration ..to appear on the back of each bond) The within bond has been registered, as to.ownerhsip of principal only, on the bond register kept at the office of the City Clerk in -Rochester, Minnesota. Date NO WRITING HEREON EXCEPT BY THE CITY CLERK Registered Owner Signature of Clerk 4. Said bonds shall be prepared for execution under the direction of the City Clerk and attorneys, and when so prepared shall be executed in behalf of the City by the -facsimile signature of the Mayor being engraved, printed or lithographed thereon and by the manual signature of the City Clerk, who shall affix the official seal to each of said bonds; and the interest coupons shall be executed and authenticated by the printed, engraved or lithographed facsimile signatures of the Mayor and City Clerk. When the bonds have been so executed, they shall be delivered by the City Treasurer to the purchaser upon receipt of the purchase price heretofore -agreed upon, and the purchaser shall not,be required•to see to the application thereof. 5. In accordance with said Chapter 429 there shall continue to be maintained (as a subfund or account within the Permanent Improvement Revolving Fund) a separate fund for each of the improvements listed in paragraph 1 here- of, and the proceeds of sale of the bonds herein authrorized, except accrued in- terest and premium, shall be paid into said respective funds in th-e amounts required for the payment of the expenses of said improvements, and used solely 0 Record of Official Proceedings. of the Common ' Council of the City of Rochester, Minn., March 31, 1955 for such purpose. After completion of each of said improvements, and payment of the cost thereof in full,. any unexpended portion of the bond proceeds then held in the fund may, if directed by the Council, be transferred to the fund of any other improvement to be financed by the issuance of bonds under'`said Chapter 429; and all other moneys remaining therein, and all subsequent col- lections of special assessments levied for said improvement, shall be credited and paid into the Improvement Bond Account heretofore created within the municipal Sinking Fund.` 6. Said Improvement Bond Account shall continue -to be maintained within the Sinking Fund as long as any of the bonds herein authorized are out- standing, and shall be.used solely for the payment of the principal and inter- est when due on said bonds, and on the Improvement Bonds, Series A, and on any additional bonds hereafter authorized to finance improvements instituted pur- suant to Chapter 429 and any acts amendatory thereof and supplemental thereto, or to repay and redeem such bonds when and as they become prepayable according to their terms. It is contemplated that the special assessments to be levied for the imrprovements listed in paragraph 1 hereof, and herein appropriated to said Improvement Bond Account, will be in an aggregate principal amount not less than $975,000.00, and will be collected with and as a part of the general taxes levied by the City on the tax rolls for 1955 and each subsequent year, in equal annual installments of principal extending over the number of years stated in paragraph 1 hereof, with interest at the rate of 5% per annum on the installmenst of said assessments from time to time remaining unpaid. For the purpose of paying that portion of the cost of said improvements to be assumed by the City or to be carried by the City pending the future levy of special assessments on benefited property, and for the purpose of providing, together with estimated collections of the special assessments to be levied initially, sums not less than 5%in excess of the annual principal and interest payments required to be made on said bonds, there ishereby levied upon all taxable property within the City of Rochester a direct, annual, ad valorem tax to be spread on the tax rolls for the years and in the amounts as follows, and collected in the respective ensuing years: f566r Amount Year Amount 1959 $ 10,000 1964 $ lo,000 1959 10,000 1965 10,000 1960 10,000 1966 10,000 1961 10,000 1967 10,000 1962 .10,000 1965 10,000 1963 10,000 1969 10,000 Said taxes when collected shall be credited and paind into the Improvement Bond Account of the Sinking Fund and shall be irrevocable as long as any bonds payable from said account are outstanding, provided that the City reserves the right and power to reduce said levies by the amount of any moneys hereafter irrevocably appropriated to and actually paid into said Improvement Bond Account, other than Special assessments and taxes levied for the bonds of this series and other series made pa=cable from said account. The full faith and credit of the City shall be and is hereby irrevocably pledged for the.prompt and full payment of the principal and interest on ail of the bonds herein authorized, and if at any time the moneys in said Improvement Bond Account:: should be insufficient to pay all principal and interest due, the Common Council shall provide sufficient moneys therefor from any other -funds in the City Treasury, and such funds may be reimbursed from the proceeds of said special assessments and taxes when collected. The City further covenants and agrees that it will levy additional taxes to any extent required to restore any deficiency in said Improvement Bond Account for the payment of bonds and interest chargeable thereto, which levies may be made without limitation as to rate or amount. 7. The City Clerk is hereby authorized and directed to file with the County Auditor of Olmsted County, Minnesota, a certified copy of this' resolution, together with such other information as the County Auditcr may require, and to obtain from the County Auditor a certificate tbrat the tax required by law for the payment of said bonds has been levied and that said bonds have been entered upon his*bond register. S. The officers of the City and the County Auditor of Olmsted County are hereby authorized and directed to prepare and furnish to the purchaser of said bonds, and to the attorneys approving the legality of the issuance thereof, certified copies of -all proceedings and records of the City relating to said bonds and to the financial condition and affairs of the City and such other affidavits, certificates, and information as may be required to -show the facts relating to,the legality and marketability of the bonds as the same appear from the books and records under their custody and control or as at=herwise known to them, and all such certified copies, certificates, and affidavits, including any heretofore'furnished, shall be deemed representations of the City as to the truth of the facts purported to be shown therein. 1 1 • L is Record of Official Proceedings of the Common Council of the_ City. of Rochester, Minn., March 31, 1959 OSWALD FUBLIBMING CO.. NEW ULM, MINN. A motion was then made by Alderman Kamm that the above resolution be adopted as read. Alderman Morris, seconded the motion and upon roll call and all voting in favor thereof, President Schroeder declared the said resolution duly passed and 7 *' adopted. ' CJ Presideat Schroeder state& that he,had met with the Sheriff, the Chief � of Police the Count Attorney and the, City Health Officer to try to . y y y y get a uniform *ethod in which to handle the situation of the quarantine order for dogs. A motion was made by Kamm, second.by Briese, that this matter be referred to the • Mayor and he be authorized to do what in his judgment is necessary and work together with the Police Department. All voted in favor of the motion. President Schroeder then stated that this was the last meeting, that he would attend and he wished to express his appreciation to the members of this Council and the Councils and the heads past also department for their cooperation with him during his terms of office. Upon motion by Haas, second by DeWitz, the meeting was adjourned.. Ci Clerk