RES 1964-149 - 0001177421.4
RESOLUTION N0. 149 -1964
A RESOLUTION DETERMING TO ISSUE BONDS Ti PROVIDE MONEY TO
CONSTRUCT A CITY HALL, PROVIDING FOR AN ELECTION AND DIRECT-
ING NOTICE
BE IT RESOLVED by the Council of the City of Fridley, Minnesota,
as follows:
1. It is hereby determined that it is necessary and expedient
to borrow money and issue the negotiable coupon bonds to the City
for the purpose of providing money for constructing a city hall,
said bonds to be in the total principal amount of not to exceed
$500,000 and to mature serially as shall be hereafter determined by
the Council.
2. A special election is hereby called to be held at the
time and polling places of the primary election, the 8th day of
September, 1964, for the purpose of submitting to the voters of
the city the following question:
SHALL THE CITY OF FRIDLEY BORROW MONEY
AND ISSUE ITS NEGOTIABLE COUPON BONDS
IN THE P14OUNT GF NOT TO EXCEED $500,000
FUR THE PURPOSE OF PROVIDING YL NEY TO
CONSTRUCT A CITY HALL?
3. The manager shall cause printed blue colored ballots to
be prepared and distributed which shall set forth the propositions
to be voted in substantially the following form:
SHALL THE CITY OF FRIDLEY BORROW MONEY AND
ISSUE ITS NEGOTIABLE COUPON BONDS IN THE
AMOUNT i:F NOT TO EXCEED 5500,000 FOR THE PUR-
POSE OF PROVIDING MONEY TO CONSTRUCT A CITY HALL?
YES
all
INSTRUCTIONS TO VOTERS: Voters desiring to vote in favor of
said proposition make a cross mark (X) in the square opposite
the word YES. Voters desiring to vote against said proposition
make a cross mark (X) in the square opposite the word NO.
4. The City Manager shall cause notice of election to be given by
publication in the official newspaper of the city not less than three
weeks prior to the election and by posting in one of the most public
and conspicuous places in each precinct not less than fifteen days be-
fore the election. The sample ballot shall also be published one week
prior to the election and posted in the office of the clerk.
5. The Council shall meet at the Council Chambers in said City
on Thursday, the 10th day of September, 1964, at 8 :00 o'clock P.M.
for the purpose of canvassing the vote and determining the results of
said election and taking such further action as the council may deem
suitable.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 27TH
DAY OF JULY, 1964.
CITY CL — Marvin C. Br
I
MAYOR — Willia
J. Nee
ATTEST:
CITY CL — Marvin C. Br
I