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Home My WebLink AboutResolution 359 Public Park Improvement Bonds ---" -. ;J.{)4 Proof RetM1 and Cbeo1ted COMMISSION RESOLUTION NO. 359 ....~... ~O - ...,.~.__ ."~.. jc!...'J::X...._.._ A RESOLU'l'ION OF THE COMMI~)~)10N OF 'rITE CI'I'Y OF nOZEL1AN, 1.101;'1' ANA PROVIDING POR rrl{;:~ PORI!I AND DETAILS 01<' PUBLIC PAHK IMPRO\TE}.ffiNT BONDS OF SAID CITY IN TIm TOTAL PRINCIPAL SUM OF $37,000. BE IT RESOLVED BY THE COI',U,nSSION 01" 'rI-IE CITY OF T30:3EMi\N: l. The City shall forthvl1th issue its negotiable coupon Public Park Improvement Bonds in the ag(/rega te princ:l.pal amount of ~~37, 000, said bonds to be 40 in number and I numbered from 1 to 40, bot}] inclusi ve, each in the denomination of $1000 except Nos. 4, 8 12, 16, 20, 24, 28, 32, 36, and 40, which shall be in the denomination of $700 , to be dated Juno 1, 193G, to bear inter'Jst at tlle rate of 3% per annum pa'~able semi- annually on the 1st days of June and December in each ye'--r, corn.mencinc; December 1, 1937, and shall mature serially on June 1 in the amount ,-f' $3700 in each of the years 1938 to 1':;147, both_ inclusive. 2. Said bonds and the interest coupons thereto attached shall be in sul.;s tantially the followin~ form: (Form of Bond) Tnn'l'ED S'rATED 01" AMERICA ~)'rA'I'E OF NIONrl'ANA COUNTY OF GALLATIN CI'l'Y OF BOZE:\lAH PUBLIC PAm\. n;IPRovm,IF;N~L' BOND No. A - I,;? -- KNOW ALL MEN BY THESE PRESENrrS that the C1 ty of Bozeman, Gl1l1at:ln County, non tana, ac]mowledges itself to be indebted and for value received hereby promises to pay to I bearer on the Is t da~r of Juno, 19 -' wj_ thou t option of1Jrior payment, the sum of -- D"'LLAHS, and to pay :l.nterest thereon from the date hereof at the rate of --'. thr e e (3) per cent per annumoayable semiannually on the Is t d~lY3 of June O-nd Decem- ber in each year, in accordance VIi th and upon presentation and surrender of the in- terest coupons heroto attached as they severally become dTIe. 30th principal and in- terest are payable in lawful money of the United States of America at the office of the Director of Finance of the Ci ty of i30zerrBn, ';oze:~1an, L~ontana, and for tllc prompt and full payment of SUCll principal and interest as the same become dl!_e th.e 1'11_11 faith, credIt, and taxing powers of said C:l ty have been and are hereby irrevoc'1hly pledged. '1'1:13 bond is one of an issue of bonds in the totnl prirlc11x11 anount of 'i?3?, 000, all of like date and tenor except as to -;na tu,ri ty and c1enom:l.na tion, all issued by said City for the puruose of Drovidln~ mo~ey for . . and ff]uipping for rect'ea tional :L"lprovLnc;, pu1'pos es public "OD1'1:s and Groun:ls in sald C:1 ty and for construct:tllG and equipping a sVllr:'Jrjin:~ pool in one of said parl-;:s, and is issued pu_rsuant to aeld in full eonformity with the Constitution and laws of the State of ~ontana thercurtr ' - .~ r.t c ~..L, 1.:U.":. ~~) '\,; -.~ :1 ~:~~ ; _ _L :,.1"~_:~.'~ , C'..l2:P te:r 2 ,1 "~) "i.' \';'8 of the ExtraorcUnary Legisla ti ve Assembly of I.lontana of 1933- I 193.1, as extended by Chapter 135 of the Session Laws of the Twenty-fourth Legislatj,ve Asserr;c)l"y 1935, and DurS11ant to the vote of the requisite majority of the duly qual- ified electors of said Ci ty at an election c'hl.ly ~;lncl ra{,~;1JIGr::":y- calle(l and Ilald. 1'1' IS IillRE3Y CEFiTIFIED ATm ImCITED that all acts, conditions, 3..J.1(1 tl'i,irl{',;E; re- q"LlirccL by the Constitution arC laws of the S ta te of T.torl tar n. to '~e done, to hapncn, and to be I)erfor::led precedent to and in tho i. 3:~ n.al"1.CC c.t:< t-'_:LS ;:'onc1 have been done, have )...L b_a-(j)cnec1, D.nd have been perforr.1ec1 in regular and due form, time, and manner as required .-----.---. . ~~65 by law; that a direct, annual, irrepealable, ad valorem tax will be levied upon all taxable property in the City for the payment of interest and principal as the sam~ becoY!1e dlle; and that this bond, tOi!,e ther wi t:) all other :'Lndebteclnes s of said C1 ty outstand:in['; em the elate hereof, does not exceed ~my RODS ti tu tional or statutory Lb:- itation of indebtedness. 1 11,[ '''II'rl''\'\i'i<'';'c 1HP'1';']:";'OR tl. C,. t -,,", " T,r 't< b.", "t-'" C-. t C . ~" i n ',,,, C ed ~, """_"''-''-'.' .i.,..I.~L\."" ~.1e l y O.L ,)ozemo.n, ",on clDa" .L ,,., J_ Y .. omm,~",s 0., 11,J,., aus this bond to l'e executed iy~ :Lts behalf by its l.Iayor and Director of l<'inance and attested by the Clerk of the City CornIni,ssion and sealed with the Corporate Seal and registered by the Direc tor of I"inance, and has caus eel the attached intel'cs t COUDons to be exe c-u ted and authenticated with the lithographic or engraved facsimile signatures of said off- icers, all as of ,Tune, 1, 1937. ~~ ------ __,..__,-".1. ,f ~... R/L--. Mayor ~ r At tes t: Direc tor-Q"fT:i'nance'---- Cleii{-ofLhe-Ci ty COial:lission (SEAL) (Form of Coupon) No. _ ~~ _ On the Is t day of June (December), 19 , the City of Bozeman, Montana wl11 pa;.r to , "".1 bearer at the Office. of l~he IHrector of Finance of t!1e City of Bozeman. .'.. ;/t..J......nta.na _____,_ - DOLLARS for the iY'-stallment of interest then due on its Public Park Improvement Bond '. .~ dated June 1, 1937, No. _. . .... ~/ .._.~. /____. ~ ~">.. ~,-, ./ ./ ~-- ..,' , ,_." - Lla~) r -.- -------~ Attest: Director-6yu-i"i11ance -._-- Clerk oft:S-e-Ci ty Corn~nis-sion (Form of registration certificate on the back) I b,er~_'by certi f'y th':!. t the wi thin bond has been regis tered as requi red by law. Direc-tor-of l'inanc'e-;' Ci ty - of ' ~ Bozeman, ),'Io11 t~na. 3. The purchaser shall cause said bonds to be printed at its own expense and with- out cost or expense to the Ci ty, and when so prepared said bonds s}~lall be execlJ.ted on behalf of the City by the signature of the Mayor and Director of Finance and attested by the Clerk of the City Conml1ssion and sealed with the corporate seal, and the inter- est coupons thereto 8.ttached shall be execlJ_ted and authenticated by the lithographic or :1 engraved. facsimile signa tllres of said ~.i1aYOr, Director of Finance, and Clerk of the City COY11T11.issicn, and said bonds shall be registered by the Director of Finance in the man- ner provided by law and a certificate showin3 the fact of such registration shall be executed on each bond, and vvhon said bonds have been so prepared, executed, and regis- tered, the sarne shall be delivered to ?irst National :Sank of St. PRl.l.1, T.'1innesota, pur- suant to its bid; and the full faith, credit, and resources of the City shall be and hereby are pledged to the prompt and full payment of principal and interest as the same become due. Resolution No. 359 ')(~f f..,j) ) 1. rrhe Clerk of the City Commission and Director of Finance are authorized and directed to prepare and f\:trnish to the Durchasers of said bonds and their n.ttorneys certified copies of all proceedings of the Ci t;y C01mnission relatj.ng to the issuance of said bonds and such other certified copies and certificates as may be required to show the right, power, Rnd aut110rity of the City to issue and sell said bonds, and said certified copies and certificRtes shall be deemed the representations of the 1 City as to all facts stated thereln. Passed and adopted at a regular meeting of the City Commission of the City of Bozeman, Hontana, at a regular meeting of the City Commission held on the 30th day of April, ID3'7. ,~. ; Attest: U~ - " 1..--_____ erk of the Ci t-y Commission State of Montana ) ) s s County of Gallatin ) I, L. G. Shadoan, CIerI: of the Commission of the C1 ty of E,ozeman, do hereby certify that the foregoing Co~nission Resolution No. 359, of the Ci ty of Bozernan, was published by number and ti tle in the J30zeman Daily Chronicle, a daily newspaper of general circualtion, prirted and Dublished in said City, in the issue of May I 4, 1937, and that dl1.e proof of said publication was made and filed in my office. IN 1NI'rNESS WI{EHEOP I, hereunto set my hand and affi.x the sen,l of my office this 5th day of May, 1937. -/gA/ ~..., c7) / ". . "t-.d-,-'" _.<:/--d~.::..~_____ C Ier},: of the Commission 1 Resolution No. 359 --- ._,-