St. Paul tidende. [volume] (St. Paul, Minn.) 1902-1928, 1909-05-07

ceItlucate anecttng SUCH land: 4.
surveyor receives fees IN lieu Of q sal.
ary, he shall be paid SUCH conpensa.
rion for his services as the county board
be shall receive no other Compensation
ty work.
Approved April q, 1909.
AN I Gea4F e satS ss7na; and +; s s%lo sss; til,
cities Of this state Of over $1,000 inhab-
itants to issue and sell municipal bonds
%defraying the cost Of making certain
local improvements in intersections OF
streets n in front Of property exempt
Be 1t enacted by the Legislature of the
state Of Minnesota:
Section /. Two Hundred Thousand
%e @Si \ Bond Be- dom dzsos a Rs1@ifts q eaoR amy amy
having Over r. $1,000. inhabitants, in add
ton to all the rights and powers here
authorized and empowered, for the pur-
poses herein designated, to issue from
{lme to. time, as needed, the negot1abie
amount in the aggregate not to exceed
100000, said bonds to be made in such
organizations and payable at such Places
Ss@ Years SaG from aa'tt the date thereon as may
be deemed best, and to bear interest at
q rate not to exceed 4 per cent PER an
num-, payable sem1-annually and Will. IN
place or places as shall be designated
therein, and said city council or COM
mon council. as the case may BE. is fur
bonds from time to time, to the highest
bidder OR bidders therefor and upon the
best terms that can be obtained for said
bonds.
Provided. that nc such bonds shall be
sold for q less amount than the par
value thereof. and accrued interest there
en- q and. provided further that said bonds
t thereof i authorized * : reg 2
the members Of the city council or COM
ms sec council > Rop pgoRF ss,,a N to Issue Is H1 the sa me-
Per Cent Of Notwithstanding therein
contained shall authorize the issuanc at
any time Of the bonds Of any such city
amount Of the principal Of the bonds
outstanding, including water and light
1sss the te smennt o 9TH The tf BONDS gsoe pf such ass ETY.
WHICH shall be in and constitute a part
Of the sinking fund of said city for the
payment Of bonds, shall exceed ten per
non-exempt taxable property Of such city
as shown by the last preceding assess
ment.
Sec. 3. How Issued-How Proceeds
Are to Be Used-All bonds issued under
authority Of this act shall be sealed with
the seal Of the city Issuing the same.
and signed by the mayor and attested
by the city clerk or recorder and coun-
t%ersigned by the city comptroller.
The proceeds Of any and all bonds is
sued and sold under authority Of this
of the city issuing the same and shall
constitute a special fund, and shall be
kept distinct from all other funds Of the
city, and shall be used only for the pur-
pose Of paying for the cost Of paving. re-
paving and macadamizing in street in
tersections, the cost of constructing curb
and gutter In street intersections, and
also the cost Of laying or relaying OF
sewer pipes in the intersections of streets,
and the cost Of paving, repaving or ma
cadamizfng in front of property exempt
by law from special assessments, and the
cost of constructing curb and gutter in
front of property exempt by law from
special assessments, and also the cost Of
laying, relaying or extending sewer pipes
in front Of property exempt by law from
special assessments, and also for the in
creased cost of sewers which are larger
than two feet in diameter; and the pro-
ceeds of said bonds or any thereof shall
those hereinbefore specified.
This act shall not apply to any city
operating under a home rule charter
framed pursuant to section SO of article
4 Of the Constitution of Minnesota.
Sec. 4. This act. shall take effect and
be in force from and after It's passage.
Approved April %, 1909.