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1941-09-22"608 VILLAGE OF MOUND ~'~INUTT~ OF THE ~epte.~ber 22, l~l. The initial purpose of thi~ meeting wa~ to approve ~poropri~tions for village expense for the ye=r of 19~2. ~e~vonding to roll c~ll were ~yor J. C. Krau~e snd Trustee ~. W. Ol~on, with Alwin aa Recorder. Tru~tee~ B. F. ~inkel snd Evan Jone~ were ~.b~ent. After addi~cu~ion of villsge tax w~lu~tion~ ~nd mill r~te~, Trustee M. ~. Ol~on pre~ented the following re~olutton ~n~ moved it~ sdoption: R~8OL!~D thst ~pproprls. tion~ for village expendlture~ for the veor 1~2 be ~.~ follow~, snd that the clerk be suthorized to certi- fy the~e .~ount~ to the County for collection, to wit. General Fund ....................................... $ ~,000.00 Poor Fund .......................................... ~00.©0 Ro~d Improvement Fund .............................. 3~?07.50 Tot ~.l ....................... 12,007.50 Alwin ~econding the motion for adoption of the ebove re~olutlon, the vote of the council ~tood unsnimou~. And ~o the re~olution ~tood edopted. In order to offlcie!ly identify the Fern~Ide end Rswlin~ 6venue~ water m~in exten~ion~ ?nd to plsce ~uch idehtificetion on the recorders, ~ru~tee Olmon pre~ented snd moved the adopilon of the following amen~at~z-y:re~olution: R~SOLVM~D, that the certain r~olution o~ed un"'nlmou~!y by the Vill~.ge Council at lt~ ~peci~l meeting held in the council room in the Villsge of ~.~o~mnd on June 16th, 19~l, ~t 8:00 o'clock P. ~. whereby ~Id council found it to be necessary s. nd expedient to extend the wster ~In~ on Fern~ide Avenue ~nd on Rswllns Avenue be amended by ~ddl. ng the following words "and that ~sid i~provement be de~ign.sted ~ter w~in Imorove~ent Mo. 6." Alwin ~econdtn~ the motion for ~dootion of the ?hove re~ol,~tlon, , ~n o re~olution ~tood the vote of the council ~tood unsnimou~ ~ d ~- the adocted. In order to meet legsl rec~Irement~ in outlining snd e]loc~ting villsge debt retlre~en~ in connection with the ~ern~Ide ~nd Rsrvlina Avenue~ ~V,?ter ?~in Extene, iom-~, ~lwin pre~ented ~nd moved the ~doption of the fo]lowing re~o].ution: ~.'¢;ff~REAS s re~olution h~ heretofore been oa~ed by the council that extension of Water m~In-~ on erm~Ide ~venue ~nd om Rawlin~ Avenue de~ignsted ~ Water ~m~in Improvement No. 6 be fin~nced by i~uing wster main certlflc~.te~ of indebtedne,~ in the ~mount of ~3,000.00 to be dsted ~eotember l~t, 19~l, to be ?id in fifte~n ~nnu~l in- ~t~llment~ of $200.00 esch, the fir~.t in~tallment to be p~id ~.~rch l~t, 19~3, ,~nd wherea.., :~t~te P~n~ of ?ound, ~ound, ,,lnnel--ots. ha~ offered to purchase ~aid certifleate~ .?t par, with Intere~',t to be ?id ~.t the r~te of four per cent per snnum, ~nd where~'? g~'id offer hs.~ been ~cceoted ~nd ~sid certtftcs, te~ have sccordlngly been ~o%d to ~tate ~snk of ,,ound$ now therefore it l.~ hereb~ re=olved th?t .~Id cert~flost, e~ ~h~!l be dated snd i~.ued s~ of Deotember l~t, 10~1. in the ~um of $200.00 each bearing intere.~% ,?.t the r~,te of VILLAGE OF MOUND '609 ~ oer cent oer annum, ~>id Interest beln~ ??ble ~eml-°nnu~'lly on the l~.t d~y of ?'arch end ~he l~t day of ~:~eo~em~er of each ~e~r untl] ~eld, ~sld certif~cate~ to be ~aysble ~t the Pir,-t Mstlon~l Pc. nk ~nd Tru~,t Co'~p~ny, PlnneapolI~, Mlnne~.ota, the flr~,t certi- flcste to m~ture ~nd be paM~ble on the fir~t d~y of ~Jaroh, snd one certificate to ~.ture snnua!ly theresfter on the l~t day of ~rch of e~ch year until :nd includln~ the l~t day of ~:~rch, re.solve that the form of ertiflcate~ I~57, end be It further ' d ,~id c ~nd of fbe fnt~re~t couoons lo be ~tteched to eech cert~ficote ~{h~ll be ~' fo]low~: And here r~ference i~ h~d to ~he ecrm of certiflcete a, nd ecu'con ~ed uoon, ~nvroved ~'nd ~.uth~r~.ed b~r the ~ound Council at %t~ ~pecial ~eetlng of August 21, 19&l' -~nd In the co~mcil minvte~. ~nd~r that d~.te. Tr~tee O!.:,on ~:econSin? the r~otlon 'f'or the ,'"dSntion of the .... ~ove rer'~o!ution ~ore~::ent.t',a~ '~n :-.~Sition to ~roving -oct%on t~ken by the Vo~nd Vt!lr:r~e 0ouncil ?t [ta~ ,t:eetlny of ugu~t 2!, 1941, the vote of the counci!.w~ un~'ni"~ous. .ind ~:o the rero].btion r~.tood ~dooted. In order to cle~:r the wsy for the le~.]]'r efeicient h~'ndlln~ of v~_ll.~ge debtz v~ith reference to the ~:ove, . !wln moved the ~doptlon of the fo]lowin? re"~o!ution, to v~tt: zVNER~A2 the Vi!laiue of ~found h~:~: !,'rely $~,~ued 15 w~.ter m'-ln certificetes of Indebtednegs In the total ,~u~ of ~:;3 ,000 .00 d'.ted ~evtaPber 1..~t, Iq4], ~'nd drs?inK intere:''~t gt ~ ~:er cent oer ~:'.nnum, ~nd o~y~'b!e one certific,~te e::ch ye~.r in the ~um of ~200.00 on the l~,.t d~y of ~.~rrch, 1943, ,-~nd one ce~tific~'te on the fi~-t d?y of ',~rch every year there,:~fter until ~.nd. including ~r, rch 1, !957, ~oth nrinclpr'l ~nd intere~t being p~?nb!e ~'t the P%rst )N:,t~.on~l Penk and 'fruit Como~ny, ~',~inne,:ooli~,, "~lnne=ot~:, which bs. nk %~ hereby m~de the peyin$ ~yent of ~r~id i.~=ue, now therefor$ %t i~ hareby re~o!ved th~,t the orooer ~nd u~u~:l ch':r~e~ to be :.~r~de by for ~uch ?gency ~e~ce be O'-rd b,r the vilI~',ge of ~ound, of the exoenze of the i.~ue of ~id certificate, withot~t rer~irin~ f~rt'~er oroof of clx!''~ by ~',ld b~,nk. Trustee Ol~on ~econdin?l the mot[on for ~'do~tlon of the ~bove re=o!- ution, the vote of the council ~tood un~-,ni'~ou~. And ?o the :~ction stood s noroved. There bein~ no further bus, ine~.~, the oeeting o5'~ourned. Pre~id~nt .&tte et ................................ Recorder