The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-10-26
Resolution.

/ Redwood Falls, Mimi, Oct. II, 1921.
A Special Meeting of the City Coun-
Gil of the City of Redwood Falls,
County of Redwood, State of Mime
sofa. duly and legally called, was held
on the II day Of October, 1921, at 8
o'clock P. M. The meeting was called
to order and there were present:
Mayor Smith and Aldermen Bran
mer, Gallea, Knudson and Little.
Absent: None.
Mr.. Knudson, then offered the fol-
lowing resolution:
WHEREAS, the electors of the City
of Redwood Falls, County of Redwood,
State of Minnesota, have duly auth
orized the issuance and sale of nego-
table coupon bonds in the amount of
eight thousand dollars ($8,00O.OO), for
the purpose of constructing an orna-
mental street lighting system in said
City, and
WHEREAS, the said City Council
did by resolution duly provide for adj
vertising for bids on said bonds, said
bids to be received on the 10Th day of
June, 1921, and
WHEREAS, on said day there were
no bids offered or received for said
bonds and it is now deemed expedient
and desirable to re-advertise the sale
of said bonds in an endeavor to prop
erly dispose Of them to the best inter-
ests of said City,
NOW, THEREFORE, BE IT RE-
SOLVED in accordance with the auth
GRITTY so given at said City Election
and Meeting that there be and there
is hereby issued coupon bonds Of said
City to the amount of eight thousand
dollars, ($8,000.00), bearing interest
at the rate of six per cent (69e) per
annun, payable semi-annually, bonds
to mature in the year 1881, both prin-
cipal and interest payable at the
Wells ickey Trust Company, Mime
apolis, Minnesota, said bonds to be is
sued for the purpose of constructing
an ornamental street lighting system
in said City. 4
BE 1T FURTHER RESOLVED
that the Council advertise for two
weeks in the Redwood Gazette that
bids will be received for the purchase
of said bonds on the 3rd day of Nov
ember, 1921, at 8 o'clock P. M, and
that said bonds will be offered for sale
on the terms set out in said Notices
of Sale, which shall be in substantially
the following form:
NOTICE OF BOND SALE.
PUBLIC NOTICE rs HEREBY
GIVEN that bids for the purchase Of
$4,000, City Of Redwood Falls, County
of Redwood, State Of Minnesota Bonds
will be received and considered by the
City Council on the Ord day of Nov
ember, 1921, at o'clock p. M, at the
City Hall in the City Of Redwood
Falls. Said bonds are to be used for
the purpose of constructing an orna-
mental street lighting system in said
City; bonds are to be dated November
1, 1921, and bear interest at the rate
Of six per cent (69o) per annum, pay
able semi-annually and to mature
November /, 1881; both principal and
interest payable at the Wells-D ickey
Trust Company, Minneapolis, Mime
sofa. All tenders to purchase must
be without condition or qualification,
and be accompanied by an uncondi-
;ional certified check to the order Of
he Treasurer of the City for the sum
If $4,000. Said bonds will be ready
sor delivery at the time Of the sale and
will be accompanied by the approving
opinion Of R. G. Andrews, ESQ. The
3oard reserves the right to reject anyI
md all offers and award said bonds to
] lower bidder. Bids should be ad-
lressed to the undersigned.
This notice is given by authority of
resolution adopted by the City Coun-
il Of said City. +
Dated at Redwood Falls, Minnesota,
october II, 1921. e
81. G. RUTTER, r.
City Recorder, Redwood I
Falls, Minnesota. 4
Said Resolution being d,1lv second 4