RES 1972-74 - 00008411RESOLUTION NO. 74 - 1972
' A RESOLUTION AUTHORIZING THE ISSUANCE OF CERTIFICATES OF INDEBTEDNESS
FOR THE PURCHASE OF A FIRE TRUCK (PIRSCH PUMPER MODEL 41C)
WHEREAS, The Council of the City of Fridley awarded bids on
August 10, 1970 for the purchase of a 1972 Fire Pumper, and
WHEREAS, The City Council of the City of Fridley has deemed it
advisable to issue certificates of indebtedness for the purchase of
a fire truck, and
WHEREAS, The Fridley Firemen's Relief Association has offered
to purchase said certificates of indebtedness,
NOW, THEREFORE, BE IT RESOLVED, By the Council of the City of
Fridley that the issuance of certificates of indebtedness in the
amount of $16,735 is hereby authorized. Said certificates to mature
in two years or sooner from date of issuance, and bear interest at
the rate of 5 3/8% per year.
BE IT FURTHER RESOLVED, That the sale of these certificates of
indebtedness to the Fridley Firemen's Relief Association is hereby
Authorized.
' PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
19TH DAY OF JUNE , 1972.
1
L . 10,
MAYOR - FRANK LIEB
ATTEST:
135