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RES 1968-80 - 00010420128 RESOLUTION 1\10. 80 1968 A RESOLUTION AUTHOlII'LING THE ISSUANCE OF CERTII7.CATES OF ]INDEBTEDNESS FOR THE PURCHASE 01' A FIRE TRUCK WHEREAS, the City Council of the City of Fridley has deemed it advisable to issue certificates o` 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 thaC the issuance of certificates of indebtedness in the amouriL of $25,000 is hereby authorized. Said certificates to mature in five years or sooner from date of issuance, and bear interest at the rate of 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 — �pTl<I DAY OF _,__MAy , 1968. Jack 0. Kirkham. AT IF, ST : c C TY HK - Marvin C. Brun-. e21 u