RES 1972-75 - 00008412136
RESOLUTION NO. 75 - 1972
A RESOLUTION AUTHORIZING THE ISSUANCE OF CERTIFICATES OF INDEBTEDNESS
FOR THE PURCHASE OF A FIRE TRUCK (100' AERIAL LADDER TRUCK)
WHEREAS, The Council of the City of Fridley awarded bids on
September 20, 1971 for the purchase of a 100' Aerial Ladder Fire
trick, 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 $66,000 is hereby authorized. Said certificates to mature
in five 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
4 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.
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MAYOR - FRAN4G. qIEBL
ATTEST:
CITY CLL'RK MARVIN C. BRUNSELL
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