05-13-1941 VCM - Laserfiche WebLink

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It is hereby certified and recited that all acts conditions and things required by the Constitution and Laws of the State of Minnesota, to be done to happen and to be preformed precedent to and in the issuance of this warrant, have been done, have happened and have been performed in regular and due form, time and manner as required by law and that this warrant together is all other indebtedness of said Village outstanding on the date named herein and on the date of the actual issuance and delivery hereof, does not exceed and statutory or constitutional limitation of indebtedness. In Witness Whereof, the Village of Elk River, Sherburne County, Minnesota, by its Village Council has caused this warrant to be signed by the President of the Village Council and counters signed by the Village Clerk, and sealed with the seal of said Village and the interest coupons hereto attached to be executed and authenticated by the facsimile signatures of said officers as of June 1, 1941. Pres of Village Council Countersigned Village Clerk (Form of Coupon) No. $ st On the 1 day of June 19__, the Village Elk River, Sherburne County Minnesota will pay to bearer at the main office of Northwestern National Bank and Trust Company of Minneapolis, Minneapolis, Minnesota., ___Dollars being the installment of interest then due ion its Sewer District No. 1 Warrant dated June 1, 1941, No. Pres of Village Council Countersigned: Village Clerk 3. Said warrants shall be printed under the direction of the village Clerk, and the President of the Village Council and Village Clerk are hereby authorized and directed to execute said warrants and to affix the Village seal, and the interest coupon to be attached thereto shall be executed and authenticated by the printed, engraved, or lithographed facsimile signatures of said offices. 4. When said warrants have been fully executed as required by law and by this resolution they shall be delivered to the purchaser thereof upon receipt of the purchase price and said purchaser shall not be obliged to see to the application of said purchase price. 5. Said warrants shall be payable primarily from money collected from special assessments, but the full faith and credit of the Village is hereby pledged to the payment of said warrants and interest thereon an and when the same shall become due, and the Clerk and Treasure are authorized and directed to cause said warrants and interests theron to be paid out of any moneys of the Village available thereof in event there is insufficient money in the special fund, but such moneys from other funds shall be restored when the special assessments are collected. M.C. Tesch Pres of Village Council Attest: J. Clinton Walker Village Clerk Mr. Walker seconded the motion to adopt said resolution and upon vote being taken thereon the following voted Aye: Shadick, Nickerson, Bailey, Walker and Tesch and the following voted Nay: non. Whereupon said resolution was declared unanimously adopted. A motion was made by G.A. Bailey to pay the State of Minnesota the sum of $144.25 for 0.92 acre, more or less, in Government Lot 4 of section 3, township 32 north, range 26 west.