Res 1963-178 1[ 62
RESOLUTION NC. 177-1963
A 'RESOLUTION DIRECTING Tr-F SALE AND PURCHASE OF TEMPORARY IMPROVEMENT BOND
IN ACCORDANCE WITH LAWS OF 19571 CHAPTER 385
RE IT RESOLVE) By the City Council of the City of Fridley, Anoka County,
Minnesota, as follows:
THAT WHEREAS it has heretofore been determined by this Council to issue
temporary improvement bonds in order to provide the necessary funds for
the cr-mstruction and payment of expenses relative to the following improve-
ment projects to-wit: Water and Sanitary Sewer Improvement Project No. 65;
as per plans and snecifications approved by the City Council; and
WHEREAS it has been determined that there is at the present time an
amount in excess of $91000.00 in the following fund, to-wit: Regular
Special Assessment Fund - Sinking Fund which sum will not be required
for other purposes prior to November 1, 1965.
IT TS THEREFORE determined to be in the interest of the City of Fridley
that the sum of $9,(-)00.00 of Regular Special Assessment Fund (Sinking
Account) 7E INVESTED as authorized by law and in accordance therewith it
is hereby deterrined to purchase the sum of $9,000.00 of the aforementioned
7Jater and Sanitary Sewer Improvement Project #65 Bonds '(Series "A")
temporary issued under date of November 1, 1963. UPON their initial issuance
in accordance with the provisions of Minnesota Statutes, Sec. 429.0911 471.56
and 475.66, out of the funds in Regular Special Assessment Fund (Sinking
Account) and on behalf of said fund at par and accrued interest as of the
date of delivery of said bonds and completion of such sale; it being further
determined to be reasonable and advantageous to Sinking Account of the
Regular Special Assessment Fund to invest in said temporary improvement
bonds and to be reasonable and advantageous to the City to sell said temp-
orary
improvement bond to the Sinking Account of the Special Assessment
in accordance with the provisions of this resolution.
SEC. 1. The City Manager and Treasurer are hereby authorized and directed
to take any and all steps necessary to effect the provisions of the afore-
going resolutions and to make such transfer of funds as may be necessary
from time to time to give effect to the provisions hereof.
PASSED AND ADOPTED BY THE CITY COUNCIL OF FRIDLEY THIS 4TH DAY OF NOVEMBER,
1963.
LJ)Zi4J-Q-.
MAYOR - J. Nee
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ATTFST: CITY MANAGER - Earle. Wagner
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CITY CLFR - Marvin C. Brun ell
RESCUTIPLIKILIZ2:12a-_-
A RESOLUTION AUTHORIZING AND DIRECTING THE SPLITTING OF SPECIAL ASSESSMENTS
ON THE SOUTH 551' OF I'iW OF THE NE-Z- (Ex. N. 163.64') (Ex. PT PLATTED AS
GIDEO'S FIRST ADD.) , PARCET 9001 SECTION 12
WHEREAS, certain special assessments have been levied with respect to
certain land and said land has subsequently been subdivided,
NOW, THEREFORE BE IT RESOLVED, as follows:
That the assessment levied against the following described parcel, to-wit:
S. 551' of NW of NE7, (Ex. N. 163.640 (EX. pt. platted as Gideo's First Add.),
Parcel 900, Section 12, may and shall be apportioned and divided as follows:
OriginalParcel Fund Original Amount
S. 551 ' of NW- of NE l (Ex. Reg. S.A. Fund 727.27
N. 163.64') (Ex. pt platted W-34 Water Main 20377.91
as Gideo's First Add., Parcel SMS-24 Sewer Main 1,720.35
900, Section 12 S&SS-24 Storm Sewer (B) 7,301.93
SW-48A °ewer Lateral 12,732.99
.
163
........atiginaLltei Fund Original Amount
SW-48A Water Lateral $ 277.60 •
SW-48A Water Lateral 495.32
SW-48A Water Lateral 2,942.56
Eil4glogi2ELEEETE920..
Th. pt of NW-1j: of NE ;; of Section 12, 3escribed as follows: Beg. at a point '
187.36' N. from the SW cor. thereof and on the L line; th. E. parallel with _
the S. line for a dist. of 300', th. N. and 2aralle7 to said W. line for a
III dist. of 100'; th. W. and parallel with the b. line for a dist. of 300'0 th.
S. on said W. line to point of beg., Parcel (T30
Reg. S.A. Rind $ 59.78
W-34 Water Main 195.46
SP-SS-24B Storm Sewer 600.21
SOS-24 Sewer Main 141.41
SW-48A Sewer Lateral 1,337.15
SW-48A Water Lateral 495.32
S. 551 ' of NW of NET, Section 12, (Ex. N. 163.64') (Ex, pt. platted as Gideo's
First Add.) (Ex. that part of NW of NEi described as follows: Beg. at a pt. •
1T7.361 N. from the SW cor. thereof and on the W. line, th. E. parallel with
the S. line for a dist. of 300'; th. N. and parallel to said W. line for a dist.
of 100'; th. W. and parallel with the S. line for a dist. of 300'; th. S. on
said W. line to point of beg. .), Parcel 900.
Reg. S.A. Fund 667.49
W-34 Water Main 2,182.45
S&SS-24 Sewer Main 1,578.94
Se-SS-24B Storm Sewer 6,701.72
SW-48A Sewer Lateral 11,395.84
SW-43A Water Lateral 277.60
SW-48A Water Lateral 2,942.56
ADOPTED HE BY THE CITY COUNCIL OF T CITY OF FRIDLEY THIS 4TH DAY OF
NOVEMBER, 1963.
III _
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AA_A ALA_ ,
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MA oR - illiam or Nee
ATTEST: 1. 2.1.72
CITY MANAGER - Earl P. agner
1(\&-MQ-j- Cr3 414*
CITY CLERK - arvin C. Brunsell
RESOLUTION E01,1.a.
A RESOLUTION AUTHORIZING EXECUTION OF COOPERATIVE AGREEMENT 53575
RE: S•P. 0285 (T.H. 694)
BE IT RESOLVED that the City of Fridley enter into an agreement with the
State of Minnesota, Department of Highways for the following purposes, to-wit:
To provide for payment by the City to the State of part of the cost of
storm sewer facilities to he c nstructed by the State which will provide
drainage for Trunk Highways 694 and 47 as well as adjacent City Areas.
IIIBE IT FURTHER RESOLVED that the Mayor and City Manager be and they hereby
are autl-orized to exocute such agreement.
ADOPTED PY THE CITY COUNCIL OF Ti E CITY OF FRIDLEY THIS 11TH DAY OF
NOVEMBER, 1963.
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t t) )414 .-1 •
MAYOR - illiam J. ee
ATTEST: ______ ,,e
11t2.■=-_
CITY MANAGER - Earl P. g Fner
,
CITY CLERK- 4arvin C. Brunsell '