84-22
-
e
-
"
,"
EXTRACT OF MINUTES OF A MEETING OF
TIlE CITY OF CHANHASSEN,
CARVER AND HENNEPIN COUNTIES, MINNESOTA
Pursuant to due call and notice thereof, a regular meeting of the City
Council of the City of Chanhassen, Minnesota, was duly held at the City Hall in
the City of Chanhassen, on Monday ,
May 7
1984, commencing at
7:30
o'clock p.m.
The following members were present:
Acting Mayor Geving,
Councilmembers Watson, Swenson and Horn.
and the following were absent:
Mayor Hamilton
* * *
* * *
* * *
The following resolution was presented by Councilmember
Swenson
who
moved its adoption:
RESOLUTION NO. 84-22
RESOLUTION RELATING TO A CERTAIN LOST
BOND COUPON: AUTHORIZING THE
ISSUANCE OF DUPLICATE COUPONS
BE IT RESOLVED By the City Council of the City of Chanhassen, Minnesota
(City), as follows:
1. The City has heretofore issued and sold its General Obligation Tax
Increment Bonds of 1981, Series A, dated August 1, 1981 (Bonds).
2. The City has been informed by Norwest Bank Minneapolis National
Association, paying agent, that a certain coupon appertaining to one of the
Bonds has been lost and that after diligent search the coupon cannot be found.
3. Norwest Bank Minneapolis has submitted a request on behalf of the
owner of the coupon that a duplicate coupon be issued, has further supplied the
City with satisfactory evidence that the coupon has in fact been lost and has
supplied the City with sufficient indemnification insuring that the City will
suffer no loss in the event the lost coupon is presented for payment.
e
e
e
;.
4.
duplicate
supplied.
coupons:
The City is authorized by Minnesota Statutes, Section 475.70 to issue
coupons where satisfactory evidence of loss and, indemnification is
The City shall therefore issue duplicate coupons for the following
Bond Issue: General Obligation Tax Increment Bonds of 1981, Series A
Date of Bond: August 1, 1981
Interest Rate: 12%
Bond No: No. 670
Amount of Coupon: $300.00 each
Due date of Coupon: February 1, 1983
Coupon No: 3
The coupon shall be typewritten in substantially the following form attached
hereto as Exhibit A. The coupon shall be executed by the facsimile signatures
of the Mayor and City Manager.
5. The Finance Director is authorized and directed to prepare the coupon
in accordance with law and to deliver it to Norwest Bank Minneapolis as paying
agent, upon payment to the City by the owner thereof or on his or her behalf of
all costs of the City, its officers, agents and employees in connection there-
with.
by Nember
The motion for the adoption of the foregoing resolution was duly seconded
Horn
, and upon vote being taken thereon, the following
voted in favor thereof:
Acting Mayor Geving, Councilmembers
Watson, Swenson and Horn.
and the following voted against the same:
None
whereupon said resolution was declared duly passed and adopted.
e
e
e
-#
-. J.
STATE OF MINNESOTA )
)
COUNTIES OF CARVER AND )
HENNEPIN ) SS.
)
CITY OF CHANHASSEN )
I, the undersigned, being the duly qualified and acting City Manager of the
City of Chanhassen, Minnesota, do hereby certify that I have carefully compared
the attached and foregoing extract of minutes of a regular meeting of the City
Council held on Monday
May 7
, 1984, with the original thereof
on file in my office and the same is a full, true and complete transcript
therefrom insofar as the same relates to the issuance of a certain duplicate
bond coupon of the City.
UITNESS My hand as such City Manager and the corporate seal of the City
this
9th day of May
, 1984.
Ll Q()S66
City Hanager
City of Chanhassen, Minnesota
(SEAL)
e
e
e
~
..
EXHIBIT A
DUPLICATE
No. 3
$300.00
On the First day of February, 1983, the City of Chanhassen. Carver and
Hennepin Counties, Minnesota will pay to bearer at Norwest Bank Minneapolis,
National Association. the amount shown hereon for interest then due on its
General Obligation Tax Increment Bonds of 1981. Series A. dated August 1, 1981,
No. 670.
Mayor
City Manager
DUPLICATE