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HomeMy WebLinkAbout1953/07/27 - ADMIN - Minutes - City Council - Regular July 27, 1953 REGULAR MEETING JULY 27, 1953 A regular meeting of the Village Council was called to order by Mayor C. L. Hurd at 8:16 P. M. The following Council Members were present at roll call: Trustee Bolmgren Trustee Jorvig Trustee Middleton Clerk Justad Mayor Hurd. Verified Claims On motion of Trustee Bolmgren, seconded by Trustee Jorvig, the following verified claims were approved, and the Mayor and Clerk were authorized to issue warrants covering same, by the following roll call vote: Trustee Bolmgren, yea; Trustee Jorvig, yea; Trustee Middleton, yea; Clerk Justad, yea; Mayor Hurd, yea: B. & B. Seat Cover Co. 7.5a Baldwin Supply Company 1100 Beaudry Plumbing Co. 107.85 If if it 1.00 A. B. Bjornson 12.00 Black Top Service Co. 39.04 Boyer-Gilfillan Motor Co. 3.75 The Bristol Company 418.43 John A. Coan, Postmaster 150.00 Dahlberg Brothers, Inc. 2.10 M. A. Fingerman 203.00 if " " 21.50 Freelands Food Market 2.25 " it it 5.73 it it it 2.25 J. V. Gleason 373.78 Hennepin-Lake Stationers 19.50 Hobart Brothers Sales & Serv. 9.19 if It " 5.40 H. A: Holden, Inc. 38.82 Home Hardware 1.10 Landers-Norblom-Christenson Co. 32.20 Lee-Bo Office Supply Co. 23.30 Leef Brothers, Inc. 1.13 Lumber Stores, Inc. 20.30 it If " 1,58 Wm. H. Mc Coy 329.49 Miller-Davis Company 12.00 Minneapolis City Treasurer 1,533.71 if if " 138.75 Minneapolis Gas Company 98.00 Minneapolis Iron Store 5.60 Minnesota Bearing Co. 74.99 if " it 65.00 Minnesota Toro% inc. 15.29 if it 1.30 Mobile Radio Engineering, Inc. 3.90 It " " 1«25 E. T. Montgomery 66.75 it " if 6.42 it 11 If 40.00 of if 65.91 Mottko Plufibing Cbmpany 72.00 it " it 11.52 Northern States Power Co. 150.00 " " It 13.04 NW Nat'l. Bank of Minneapolis 1,299.47 " " it 3.28 The Park Press 12.50 " " if 5.34 is 11 it 52.40 Phelps Drake Co., Inc. 14640.50 Pockrandt Lumber Co. 16.80 Railway Express Agency 8.88 11 to 8.20 Remington Rand, Inc. 16.75 ,f if 12.50 Rosholt Equipment Co. 8.14 it 11 It 13.40 Seirup & Sons 310.64 E. H. Shursen 137.31 The Sidu Company 20.52 Standard Oil Company 203.00 Star Iron Works 25.00 Suburban Chevrolet Co. 53.82 Walter A. Tillmans 47.00 If if 20.70 Transport Clearings 2.50 It 11 13.14 Vil. of SLP ?Nater Dept. 20.90 n n n 5.27 n It n if 90.00 2.00 Warner Hardware 3.04 Waterous Company 51.80 " " 4.35 Bids for Grading and Graveling - 53-89, 53-90, 53-92, 53-97 and 53-98 As advertised in the St. Louis Park Dispatch July 16, 1953, sealed bids were received from the following bidders for grading and graveling the following streets: 53-89 Louisiana Avenue from Cedar Lake Road to Wayzata Boulevard 53-90 Pennsylvania Avenue from West 16th Street to Wayzata Boulevard 53-92 The East 30 feet of`losemite Avenue from 27th Street to 420 feet north thereof 53-97 West 342 Street from Texas Avenue to Wyoming Avenue Wyoming Avenue from 342 Street to 34th Street 53-98 Alley Block 4, Boulevard Heights Addition July 27, 1953 � a Bids for Grading and Graveling, Cont'd 1. Park Construction Company x$21,059.75- 2. Pfeiffer Construction Company 20,464.50 3. Western Underground Construction Company 18,907.10 4. Danen & Sons 22,154.45 5. Terry Brothers 18,751.55 On motion of Trustee Middleton, seconded by Trustee Bolmgren, the above bids were referred to the Village Engineer and Chairman of the Street Department Com- mittee for tabulation and recommendation, by unanimous vote of all Members of the Council present. Bids for Two (2) Four-Door Sedans for Police Department As advertised in the St. Louis Park Dispatch, July 16, 1953, sealed bids were received from the following bidders for the furnishing of Two (2) 1953 Four-Door Sedans according to specifications therefore on file with the Village Clerk, and taking into consideration the trade-in of One (1) 1950 Custom Tudor Coach, and One (1) 1951 DeLuxe Tudor Coach: 1.) The Woodhead Company, Incorporated $ 1,740.00 Net 2. Dahlberg Brothers, Incorporated 2,276.00 " 3. Olson Motors 211670-00 " On motion of Trustee Bolmgren, seconded by Trustee Middleton, the above bids were referred to the Police Chief and Chairman of the Police Department Committee for tabulation and recommendation, by unanimous vote of all Members of the Council present. Hearing on Application for Rezoning - M. Grossman Pursuant to notice published in the St. Louis Park Dispatch, a public hearing was had on the application of Max Grossman for rezoning of Lots 5, 6, and 7, Block 5, Minikanda Vista Second Addition; -and application of H. J. Aretz for the rezoning of Lot 11, Block 4, Minikanda Vista Second Addition from Residential Use to Com- mercial Use. A petition signed by Mr. and Mrs. Robert Arter, 3801 Princeton Avenue and others which reads as follows was presented and read: "The Lots 5, 6, and 7. Block 5, and Lot 11, Block 4, _Minikanda Vista Second Addition were zoned residential when we built and purchased our property. We and our children expect to be protected by these zoning laws. We do not want our property to be devaluated by the hoped for profitering of one speculating individual. We expect fair and just treatment." Mrs. Ralph Engstrand, 3805 Princeton Avenue said it is not right to make this change as there is too much business there now. Mrs. Anna Scherbing, 3810 Princeton Avenue said she is opposed to proposed rezoning as same will devalue their property. John Keeley, 3804 Princeton Avenue said he was opposed to the rezoning as he doesn't feel that a business should be located there. Mr. W. J. Dean, 4810 West 38th Street said he objects to any further extension of business zoning. On motion of Trustee Bolmgren, seconded by Trustee Middleton, it was agreed that the Village Council meet on above ground, Saturday, August 1, 1953,-at 2 P.M. and that Contractor Jerry Holt set stakes for proposed building and show plans for same, by unanimous vote of all Members of the Council. Request for Permit to Build• Duplex Request from J.' D. Corah, 3967 Dakota Avenue, dated July 27, 1953', for a permit to build a duplex on Lot 15, Block 3, Sunset Gables Second Addition, was read. On motion of Trustee Bolmgren, seconded by Trustee Middleton, the above request was referred to the Planning Commission for checking and recommendation, by unanimous vote of all-Members of the Council present. Building Inspector's• Weekly Reports The Building Inspector's report for weeks ending July 10, 17, and 24, 1953, showing that 72 building pernLits were issued, totaling $609,640.20, was read and ordered filed. 388 July 27, 1953 Permission to Place Poles On motion of Trustee Middleton, seconded by Trustee Bolmgren, the Northern States Power Company was granted permission to place one (1) pole pn Texas Avenue'south of Minnesonta Boulevard, by unanimous vote of all Members of the Council. . Claim for Damages - M. A. Fingerman Claim of M. A. Fingerman, dated July 24, 1953, for damages to his property on the North side of Minnetonka Boulevard between Colorado Avenue and Dakota Avenue, along stores and parking lot, due to change in grade at the time of paving Minnetonka Boulevard, in the amount of $203.00, was read. On motion of Trustee Bolmgren, seconded by Trustee Middleton, the above mentioned claim for damages in the amount of $203.00 was approved, and the Mayor and Clerk were authorized to issue warrant for same, by unanimous vote of all Members of the Council present. 1953 Licenses On motion of Trustee Middleton, seconded by Trustee Jorvig, the following applications for 1953 licenses were approved, and the Mayor and Clerk were authori- zed to issue licenses to expire December 31, 1953, by unanimous vote of all Members of the Council present. Dari-Vi Restaurant Superior Electric Co. Electrical Sieverding Sign Co. Erect Advertising Signs Partial Payment on Contract Work On motion of Trustee Holmgren, seconded by Trustee Middleton, the following partial payment on contract work in progress, presented by the Village Engineer, Phil W. Smith, was approved, and the Mayor and Clerk were authorized to issue warrants covering same, by unanimous vote of all Members of the Council present: FINAL PAYMENT _ LIFT STATION 2 Ka Contractor, Phelps-Drake Company, Inc. Contract Date, November 5, 1951 Contract Price, $9,120.00 AMOUNT OF FINAL PAYMENT - - - $1,640.00. Plat - West Texa-Tonka Hills Addition On motion of Trustee Bolmgren, seconded by Trustee Middleton, the approval of plat of WEST TEXA-TONKA HILLS ADDITION, presented by Adolph Fine, Incorporated was deferred until the conclusion of the negotiation for establishment of grade of Cedar Lake Road at this location, by unanimous vote of all Members of the Council present. Reguestlto UselProperty for Auction Sale Ross & Ross Letter from Ross & Ross, dated July 21, 1953, requesting permission to conduct an auction sale adjacent to the VFW property on 36th Street and Highway No. 100, and including Village owned property on 37th Street, including the most Easterly building in the Veterans Housing Area, was read. On motion of Trustee Middleton, seconded by Trustee Jorvig, the above request was granted, and the Village Attorney was instructed to work out the details of agreement needed, by unanimous vote of all Members of the Council present. Temporary Inspector for Engineering Department - Richard Boorsma On the recommendation of Phil W. Smith, Village Engineer, it was moved by Trustee Middleton, seconded by Trustee Bolmgren, that RICHARD BOORSIVIA be placed on the Engineering payroll on a temporary basis at $1.722 per hour, effective August 32 19532 by unanimous vote of all Members of the Council. Temporary Inspector for Engineering Department - E. N, Gutch On the recommendation of Phil W. Smith, Village Engineer, it was moved by Trustee Middleton, seconded by Trustee Bolmgren, that E. N. GLITCH be placed on the Engineering payroll on a temporary basis at $1.722 per hour, effective July 27, 1953, by unanimous vote of all Members of the Council. Temporary Inspector for Engineering Department - Earl M. Morgan On the recommendation of Phil W. Smith, Village Engineer, it was moved by Trustee Middleton, seconded by Trustee Bolmgren, that EARL M. MORGAN be placed on the Engineering Payroll on a temporary basis at $1.722 per hour, effective July 27, 19532 by unanimous vote of all Members of the Council present. July 27, 1953 389 Proposed Plat of Cedarwood Second Addition ` B. F. Kirschbaum, 2520 Inglewood Avenue spoke regarding proposed plat of Cedarwood Second Addition. He asked that the approval of same be deferred until August 3, 1953, until his neighbors have an opportunity to be heard. The Planning Commission's report dated July 27, 1953, on the proposed plat of Cedarwood Second Addition was read. On motion of Trustee Jorvig, seconded by Trustee Bolmgren, the proposed plat of Cedarwood Second Addition as presented by Richard B. Thomson was received, and the Mayor and Clerk were authorized to execute Village approval of the recordable plat, upon compliance with the following conditions by the Applicant: 1. Approval of title and form of execution by the Village Attorney. 2. Approval of street grades and form of the plat by the Village Engineer. 3. The Applicant will execute and deliver to the Village a contract in form approved by the Village Attorney for grading of all streets dedi— cated in said plat to grade approved by the Village Engineer, provided that such contract and bond to secure the same will not be required if the streets of said subdivision are graded and stabilized as approved by the Village Engineer prior to presentation of the recordable plat. 4. The Applicant will furnish a public contractors performance bond guaranteeing performance of the contract in a sum to be determined by the Village Engineer upon the basis of his estimated cost of grading, such bond to be executed by a corporate surety approved by the Village Council and the form of which is to be determined by the Village Attorney. 5. The Applicant will deliver to the Village an option, approved by the Village Attorney, whereby the Village shall have the exclusive right to purchase Lots 1 through 6 inclusive, Block 6, said Subdivision for the sum of $25,000 plus any unpaid special assessment on or before July 27, 1954 without prejudice to the right of the Village to acquire the property by condemnation proceedings at price determined-therein. 6. The Applicant will deliver an executed conveyance to the Village without prepayment, Reserved Lots A and B of said Subdivision to use as a public park. Motion was passed by unanimous vote of all Members of the Council. Re: Division of Lots in La Petite Ferme Addition A resident from the area asked whether the Council could deny the issuance of permits in La Petite Ferme Addition for building on 53 foot lots. He was told that the Zoning Ordinance says that 50 foot lots are the minimum size lots can be cut to and the Council had no right to hold up permits on lots of 50 feet or larger. Hearing on Proposed Storm Drain ' A hearing was had on proposed construction of storm drain under and across West 34th Street between.Xylon Avenue and Yukon Avenue. J. G. Hammes, 3300 Yukon Avenue and J. E. Hanson, 3341 Xylon Avenue appeared in favor of same. Resolution On motion of Trustee Bolmgren, seconded by Trustee Jorvig, the following resolution was adopted by 'unanimous vote of all Members of the Council present: RESOLUTION ORDERING STORM DRAIN WHEREAS, the Village Council has met at the time and place specified in a notice published in the St. Louis Park Dispatch on July 16 and 23, 1953, relating to the storm drain improvement hereinafter described, and has heard all interested persons appearing at said meeting, therefore BE IT RESOLVED by the Village Council of the Village of St. Louis Park that construction of a storm drain across West 34th Street at a point approximately mid— way between Xylon Avenue and Yukon Avenue, in accordance with plans and specifica— tions which have been prepared by the Village Engineer, be hereby ordered, and it appearing that the estimated cost of said project is $515.00 the work is hereby ordered to be done by the Street Commissioner under the direction of the Village Engineer. 0 July 27,' 1953 � Bids on Sale of on Sale of Improvement Bonds Sealed bids for purchase of Improvement Bonds to be issued under date of August 15, 1953 in the aggregate amount of $475,000.00 were opened and read, as set forth in the following resolution: Resolution On motion of Trustee Middleton, seconded by Trustee Jorvig, the following resolution was adopted by unanimous vote'of all Members of the Council present: RESOLUTION PROVIDING FOR THE ISSUANCE AND SALE OF IMPROVEMENT BONDS WHEREAS, pursuant to Resolution adopted by the Village Council on July 16, 1953, authorizing advertisement for bids for Improvement Bonds in the aggregate amount of $$475,000.00 to be issued under date of August 15, 1953, the Clerk has advertised for bids for purchase of said bonds in the St. Louis Park Dispatch July 9, 1953 and in Commercial West July 11, 1953 and in response to said advertisement the following sealed bids have been received by the Village Clerk and opened and publicly read at this meeting: BIDDERS INTEREST RATE PREMIUM Allison Williams Company & Associates 3.40% $$ 807.50 Kalman & Company, Inc. ) 3% 1955/60 Paine, Webber, Jackson & Curtis ) 3.3% 1961/67 Harold E. Wood & Company ) plus additional coupons on all Juran & Mo6dy ) bonds at the annual rate of 171;% E. J. Prescott & Company ) from February 15, 1954 to February 15, 1955. therefore, BE IT RESOLVED by the Village Council of the Village of St. Louis Park as follows: 1, That the said bid of Allison-Williams Company and Associates is hereby determined to be the highest and best bid and the Mayor and Clerk are hereby authorized to execute an agreement for purchase submitted by the successful bidders. 2. Improvement Bond6- 611all be issued by the Village of St. Louis Park in the total amount of $475,000.00, ,said bonds to be numbered from 1 to 475 both inclusive in denominations of $13,000.00, dated August 15, 1953, arid _shall. bear interest at the rate of 3.4 per sent per annum, payable August 15, 1954 and semi- annually thereafter on the 15th day of February and the 15th day of August in each year, and shall mature serially_ on February 15th in the years and amounts as- follows: i $$60,000.00 February 15, 1955/58 $p50,000.00 February 15, 1959 $40,000.00 February 15, 1960 $30,000.00 February 15, 1961/64 $$10,000.00 February 15, 1965/66 $$ 5,000.00 February 15, 1967 The said maturities in the judgment of the Village Council are warranted by the anticipated collection of the assessments to be levied against the property improved by said improvements hereinafter described. The said bonds will be issued on account of Project No. 501 Fund which is hereby established. 3. Said Improvement Bonds shall be payable at Northwestern National Bank of Minneapolis, Minnesota, and the reasonable charges of said bank as paying agent shall be paid by the Village out of said Project Fund. 4. The said Improvement Bonds and said interest coupons thereto attached shall be in substantially the following form: Number UNITED STATES OF AMERICA $12000. STATE OF MINNESOTA COUNTY OF HENNEPIN VILLAGE OF ST. LOUIS PARK IMPROVEMENT BOND August 15, 1953 Series KNDI ALL MEN BY THESE PRESENTS, that the Village of St. Louis Park, Hennepin July 27, 1953 391 Resolution Providing for the Issuance and Sale of Improvement Bonds,_ Cont'd. County, Minnesota, acknowledges itself to be indebted and for value hereby promises to pay to bearer out of Improvement Project No. 501 Fund of the Village the sum of ONE THOUSAND DOLLARS on February 15, 1954,.•and to pay interest thereon from the date hereof until the principal amount is paid at the rate of 3..40 per cent per annum on August 15, 1954 and semi-annually thereafter on the 15th day of February and the 15th day of August in each year, in accordance with and upon presentation and surrender of the attached interest coupons as they severally become due. Both principal and interest are payable at Northwestern National Bank of Minneapolis, Minneapolis, Minnesota, in any coin or currency of the United States of America which at the time of payment is legal tender for public and private debts, and to provide money for the prompt and full payment of said principal and interest as the same become due, the full faith, credit and taxing powers of the Village have been and are hereby irrevocably pledged. p p 000.00 S THIS BOND is one of an issue in the total principal amount of $475, all of like date and tenor except as to maturity, issued by the Village pursuant to the Constitution and Laws of the State of Minnesota, including M. S. A. 412.401 to 412.481, for the purpose of defraying expenses incurred and to be incurred for public improvements heretofore contracted or completed by said Village. 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, to exist and to be performed precedent to and in the issuance of this bond � have been done, have happened, do exist and have been performed in regular and due Zom;�with all other debts of the Village outstanding on the date hereof, and the _1�d a of its actual issuance and delivery, does not exceed any constitutional or statutory limitation of indebtedness. IN TESTIMONX WHEREOF, THE VILLAGE OF ST. LOUIS PARK, HENNEPIN COUNTY, MINNE- SOTA, by its Village Council has caused this bond to be signed by its Mayor and Village Clerk, and sealed with the Village seal, and the interest coupons hereto attached to be executed and authenticated by the facsimile signatures of said Officers, all as of August 15, 1953. Village Clerk Mayor INTEREST COUPON No. $ On the fifteenth day of August, 1954, the Village of St. Louis Park, Hennepin County, Minnesota, will pay to the bearer the sum of Dollars, being the installment of interest then due on its improvement Bond No. August 15, 1953 Series, payable at the North- western National Bank of Minneapolis, Minneapolis, Minnesota. JOSEPH JUSTAD (Facsimile signature C. L. HURD (Facsimile signature) Village Clerk Mayor 5. The Clerk is authorized to secure the printed bonds and opinion of Messrs. Faegre & Benson of Minneapolis, Minnesota, certifying as to the validity of the bonds, both at the expense of the Village. 6. It is hereby determined that the said bonds will be issued to finance the following public improvements for which contracts have heretofore been entered into and that the cost to the Village for said improvements is respectively as follows: WATER MAINS IMPROVEMENT NO. ASSESSABLE COST 52-446 $ 12022.00 52-220/240 inclusive, 52-242 238,148.00 51-191 7,500.00 STORM SEWER • 51-140 13064-00 SANITARY SEWERS '9 2July 272 1953 � Resolution Providing for the Issuance and Sale of Improvement Bonds, Cont'd. 6. Continued: Sanitary Sewers IMPROVEMENT NO. ASSESSABLE COST 52-445 $ 1,463.50 52-223 12,297.50 52-251/253 inclusive and 52-413 22,269.00 PARK ACQUISITION \\� 52-5 9,593.00 SIDEWALKS 52-132/13$ inclusive ) 52-140/149 inclusive ) 52-151, 52-196, 52-197, 52-214 ) 30,872.04 CURB AND GUTTER 52-152/154 inclusive ) 52-156/179 inclusive ) 52-220/221 ) 44,55$.00 52-19$ thru 201 6,134.35 52-244 396.35 STREET IMPROVEMENTS - STABILIZED BASE 52-6/17 inclusive ) 52-92, 52-93 ) 1$,5$1.20 52-116/11$ inclusive ) 52-124/130 inclusive 17,2$6.75 52-226 737.55 STREET IMPROVEMENTS - 'PAR MAT 51-152, 51-153, 51-172, 51-178 5,$35.00 51-232 1,503.00 STREET IMPROVEMENTS - GRADING 52-250 7,063.00 51-277( P-2a--77� 2,,659-00 51-100, 52-1$0/ $6 inclusive, ) 52-190/192 inclusive, 52-190/192 inclusive ) 2$,652.60 52-194, 52-219 6 00.00 52-414/419 inclusive P5 $475,435.84 7. It is hereby determined that assessments have been or will be levied against property improved by said public improvements in a sum of not less than $475,435.84. 8. All assessments collected on account of said improvements shall be paid into Project No. 501 Fund and shall be made available from time to time as required for payment of principal and interest of said bonds. The Village Council shall provide for the payment of principal and interest of any of the bonds issued here- under out of the funds in the treasury of the Village when the money on hand in said Project No. 501 Fund is insufficient to meet the payment of maturing principal and interest. The full faith and credit of the Village of St. Louis- Park for the payment of the principal and interest of said bonds when the moneys on hand in said Project Fund No. 501 Fund are not sufficient for the purpose are hereby pledged. Bids for Garbage Disposal Plant Revenue Bonds The following bids for the purchase of §55,000. Garbage Disposal Plant Revenue Bonds received by the Village Clerk pursuant to advertisement for bids were opened and publicly read: July 27, 1953 393 Bids for Garbage Disposal Plant Revenue Bonds, Cont'd. NAME OF BIDDER INTEREST RATE PREMIUM Kalman & Company, Inc. ) 32% plus additional coupon at Harold E. Wood & Company ) rate of 1% from February 15, Juran and Moody ) 1954 to August 15, 1956 E. J. Prescott & Company ) Allison Williams Company 32% $' 56,00 J. M. Dain & Company 3 1/8% 19.00 On motion of Trustee Bolmgren, seconded by Trustee Middleton, the following resolution was adopted by unanimous vote of all members of the Council present: RESOLUTION PROVIDING FOR AWARD AND SALE OF GARBAGE DISPOSAL PLANT REVENUE BONDS WHEREAS, pursuant to advertisement for bids published in the St. Louis Park Dispatch July 9, 1953, and in Commercial West July 11, 1953, the Village Council has met at the time and place specified in said advertisement and opened and cons- idered the following bids for purchase of $55,000. Garbage Disposal Plant Revenue Bonds received by the Village Clerk in response to said advertisement: NAME OF BIDDER INTEREST RATE PREMIUM Kalman & Company, Inc. ) 32%, plus additional coupon at Harold E. Wood & Company ) rats of 1% from February 15, Juran & Moody ) 1954 to August 15, 1956 E. J. Prescott & Company ) Allison-Williams Company 32% $56.00 J-.:`M. Dain & Company ,3 /l/8% 19,00, and WHEREAS, the Council has determined that the bid of J. M. Dain & Company is the highest and best bid, therefore BE IT RESOLVED, by the Village Council of the Village of St. Louis Park as follows: 1. In order to provide money for the construction of sanitation facilities constituting a garbage disposal plant of the Village there shall be issued, sold and delivered Garbage Disposal Plant Revenue bonds of the Village in the aggregate principal amount of Fifty-five Thousand Dollars ($55,000.), said bonds to be 55 in number and numbered from 1 to 55, both inclusive, and in the denomination of $12000. each, all bearing date August 15, 1953, bearing interest at the rate not to exceed 5% per annum, payable August 15, 1954, and semi-annually thereafter on the 15th day of August and 15th day of February in each year, at such rate as shall be determined upon receipt of bids for the purchase of said bonds and matur- ing serially in order of serial number, lowest numbers first, $10,000. August 15, 1955 to 19581, both inclusive, and $15,000. August 15, 1959. The said bonds shall be payable at the main office of the Northwestern National Bank of Minneapolis, Minneapolis, Minnesota, and the reasonable charges of said bank paying agent shall be paid as an operating expense of said utility. 2. The bonds and the interest coupons to be thereto attached shall be in substantially the following form: UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF HENNEPIN VILLAGE OF ST. LOUIS PARK No. GARBAGE DISPOSAL PLANT REVENUE BOND $19000. KNOW ALL MEN BY THESE PRESENTS that the Village of St. Louis Park, Hennepin County, Minnesota, acknowledges itself to be obligated and hereby promises to pay to bearer but solely out of the Interest and Sinking Account of its Garbage Dis- posal Revenue Fund from net revenue (as hereinafter defined) from the operation of sanitation facilities constituting a garbage disposal plant, the principal sum of ONE THOUSAND DOLLARS on the 15th day of August, 19 , and to pay interest out of said fund from the date hereof until the principal sum is paid, at the rate of 3 1/8 per cent per annum, interest to maturity payable semi-annually on the 15th day of August, 1954, thereafter on the 15th day of February and 15th day of August in each year in accordance with and upon presentation and surrender of the interest coupons hereto attached as they severally become due. Bothprinci al and interest are payable at the main office of the Northwestern National Bank of Minneapolis, 394 July 27, 1953 Resolution Providing for Award and Sale of Garbage Disposal Plant Revenue Bonds, Continued: , in the City of Minneapolis, Minnesota, in any coin or currency of the United States of America which at the time of payment is legal tender for public and pricate debts. This bond is one of an issue in the aggregate principal amount of $5000., all of like date and tenor except as to numbers and maturity dates, all issued for the purpose of providing money for the construction of sanitation facilities constituting a garbage disposal plant and is issued pursuant to and in full con- formity with the Constitution and Laws of the State of Minnesota, and is payable solely from the net revenue of the garbage disposal plant and system of said Village, being the gross revenue after deducting therefrom the necessary costs of operation and maintenance, as more particularly defined in the authorizing resolution, and said bonds constitute a first and prior lien on said net revenue and the Village shall be relieved of any duty to levy, collect, use or apply any moneys received or to be received from taxation for the payment of either principal or interest thereon, except payment of charges for services rendered to or benefits received by the Village. IT IS HEREBY CERTIFIED AND RECITED that in and by the authorizing resolution the Village Council of the Village of St. Louis Park has covenanted and agreed that it will continue to operate sanitation facilities constituting a garbage disposal plant as a public utility free from competition by other like utilities and free from all other or additional liens thereon except as herein provided; that adequate insurance on said plant and system and suitable fidelity bonds will be procured and carried; that proper and adequate books of account will be kept showing receipts and disbursements; that it has established and will maintain a Garbage Disposal Revenue Fund and has set up therein an Interebt and Sinking Account into which it will pay monthly out of the net revenue of said utility a sum sufficient to meet principal and interest requirements and a separate Reserve Account, all in accordance with the authorizing resolution; that it will impose and collect rates and charges for services furnished by the utility adequate to meet the above payments; that no additional or other obligations will be incurred or permitted to be incurred except .as provided in said authorizing resolution. IT IS FURTHER CERTIFIED AND RECITED that all acts, conditions and things required by the Constitution and Laws of the State of Minnesota, and ordinances and resolutions of the Village of St. Louis Park, to be done, to exist and to be performed in order to make this bond a valid and binding special obligation according to its terms have been done, do exist and have been performed as so required. This bond is not to be included in determining the net indebtedness of the Village under any constitutional or standard provisions defining or limiting such indebtedness. IN WITNESS WHEREOF, the Village of St. Louis Park, Hennepin County, Minnesota, by its Village Council, has caused this bond to be executed in its behalf by the signature of its Mayor and attested by its Clerk and the interest coupons to be executed and authenticated by the facsimile signatures of said officers, all as of the 15th day of August, 1953• Mayor ATTEST: Village Clerk (SEAL) (Form of Coupon) No. $ On the 15th day of August (February) 19_, the Village of St. Louis Park, Hennepin County, Minnesota, will pay to bearer at Northwestern National Bank of Minneapolis, Minneapolis, Minnesota, out of the Interest and Sinking Account of its Garbage Disposal Revenue Fund, the sum of DOLLARS for interest then due on its Garbage Disposal Plant Revenue Bond dated August 15, 1953, No. • C. L. HURD Mayor JOSEPH.JUSTAD Village Clerk July 27, 1953 395 Resolution Providing for Award and Sale of Garbage Disposal Plant Revenue Bonds, Continued: 3. The bonds in the form herein provided shall be prepared under the direction of the Village Clerk and when so prepared shall be executed on behalf of the Village by the signature of the Mayor and attested by the Clerk and the interest coupons shall be executed and authenticated by the printed facsimile signatures of said officers. 4. There is hereby created a separate fund to be called Garbage Disposal Revenue Fund which shall be maintained by the Village Treasurer until all of the bonds issued hereunder have been fully paid. All of the income and receipts arising from the operation of the sanitation facilities constituting a garbage disposal plant, including the proceeds of special assessments levied against property in the Village served by the garbage collection service, shall be paid into said fund. • In accordance with sound accounting practices there shall be set up and maintained within said fund the following separate accounts to which shall be credited and debited the income and disbursements of said fund as follows: (a) A Capital Expenditure account into which shall be paid all moneys derived from the sale of these revenue bonds and any general obligation bonds issued for the purpose of financing the garbage disposal plant, or from the sale of any property acquired for or used in connection with said utility. Out of said account shall be paid the cost of all corporate improvements, extensions and changes to said utility including the construction of a garbage incinerator plant and appurtenances in connection therewith. If at any time any money in said account is not needed for such purposes it may be transferred to the Interest and Sinking Account or any such surplus may be kept in a proper bank account, held as a cash deposit or temporarily invested in United States Government securities. (b) An income Account to which shall be credited all receipts and income from the operation of the garbage disposal plant. Out of said account there shall be first paid all but only such items as by sound accounting practices cons- titute normal, reasonable current costs of operation, including costs of necessary current repairs and replacements and there shall be retained therein such amount as may be reasonably required for such purpose. The remaining amount in said account shall constitute and is hereafter referred to as net revenue. Receipts and income derived from the garbage and refuse collection system of the Village for the purpose of covering cost of such collection and delivery to the garbage disposal plant shall not be credited to said account. (c) An Interest and Sinking Account. From said net revenue there shall be credited to said account on the first day of March, July and September of each year thereafter such net revenues as shall be available in the Income Account in such amount as shall be required to pay principal and interest on all bonds issued hereunder on February 15th and August 15th following. Said payments shall be a first and prior charge on said net revenue. Money in the Interest and Sinking Account shall be used solely for the purpose of payment of principal and interest on said bonds. (d) A Reserve Account into which shall be paid the entire net revenue after payment to the Interest and Sinking Account until there shall be accumulated therein a reserve equal to one year's interest requirements. Thereafter said Reserve Account shall be maintained and used only to make up a deficiency when and if moneys in the Interest and Sinking Account shall be insufficient to pay the principal of or interest on any bonds issued hereunder. Whenever the moneys therein are so used the said reserve shall be restored from the next net revenue available after satisfying current Interest and Sinking Account requirements. (e) A Surplus Account. All amounts in the Income Account in excess of those required as herein above set forth for the Interest and Sinking Account and Reserve Account shall be transferred from time to time to the Surplus Account. Funds therein may be transferred to any other account or to the Sinking Fund for general obligation bonds issued to finance construction of the garbage disposal plant, or may be paid over to the general fund of the Village and used for any corporate purpose. 5. Until payment of the bonds herein authorized, no additional bonds or other obligations shall be issued payable from the net revenue of the garbage disposal plant except as provided in this paragraph. The Village Council may at any time issue additional revenue bonds or other obligations payable as to principal and interest from the net revenue of said plant and on a parity with but not superior as to lien and charge with respect to the revenue bonds of this issue, provided, first, such additional obligations shall be issued to provide money to pay for necessary improvements and changes in said utility plant and, 396 July 27, 1953 Resolution Providing for Award and Sale of Garbage t9 Disposal Plant Revenue Bonds, Continued: , second, the estimated annual net revenue as herein defined for the period during which the revenue bonds issued hereunder shall mature, as determined by the Village Engineer of the Village of St. Louis Park upon the basis of the established rates imposed by ordinance for garbage disposal service of the Village and upon his determination of operation costs and expenses chargeable against gross revenue, shall have been in an amount at least one and one- quarter times the average of the annual principal and interest requirements for the remainder of the terms of said revenue bonds on all such bonds and other obligations at any time outstanding, including those so to be issued, and there- after to be payable from said net nevenue. In addition to the powers above granted the village may issue revenue bonds on a parity as to lien for the pur- pose of extending the maturities of any of tfre bonds of this issue then due whenever there are no funds available for the payment thereof. Nothing herein shall prevent the issuance of additional revenue obligations payable out of the Surplus Account and inferior as to lien on the net revenue of the utility. 6. For the protection of the security of the bonds herein authorized the Village Council hereby covenants and agrees to and with the holders thereof from time to time as follows: (a) It will cause the construction of sanitation facilities constituting a garbage disposal plant, heretofore referred to, to be completed in accordance with plans and specifications properly prepared by competent engineers and approved by the Village Council and will use and apply the proceeds from the sale of the bonds to be issued hereunder to the payment of the cost thereof and that it will not create any additional or other liens or charges against the income of the garbage disposal plant except as herein provided. (b) It will continue to operate the garbage disposal plant as a revenue producing utility of the Village free from competition by other like utilities and free from liens and will cause the same to be maintained in good and efficient operating condition and will not sell or otherwise dispose of any part thereof unless the same be replaced with some other part of equal utility. (c) Until the principal and interest on the bonds shall have been paid, the Village shall give no free service and the Village Council will charge the Village reasonable rates and charges for services furnished to the Village and not less than the existing schedule of rates and charges. (d) It will cause all income and revenue from the operation of said garbage disposal plant to be credited to the Garbage Disposal Revenue Fund and will permit no payments therefrom except as herein provided. (e) It will cause proper and adequate books of record and account to be kept in which true and correct entries will be made of all charges imposed for services by said utility and all collections and receipts therefrom and all expenditures and disbursements. Said books of account shall be open to ins- pection and copying by any holders of bonds issued hereunder and the Village Clerk shall, upon request, furnish certified copies of any portion thereof upon receipt of a reasonable fee therefor. It will cause said books and records to be audited at least annually by a ceritfied accountant or firm thereof and will mail copies of such audit to the purchasers and such holders as shall request the same. (f) It will procure and keep in force insurance upon the garbage disposal plant against loss or damage by fire, tornado, windstorm, flood or other causes customarily insured against and will procure suitable fidelity bonds covering all employees having custody of any money, such insurance and bonds to be made with an insurer or insurers in good standing in such amounts as the Village Council shall determine will be required to protect the Village and the holders of the outstanding bonds from loss due to any such casualty or mis- feasance or malfeasance and in event of any such loss the proceeds shall be used to make good said loss or to retire outstanding bonds. 7. The bonds issued hereunder shall constitute a first and prior lien and charge upon the net revenue of the garbage disposal plant except as herein pro- vided without priority or preference of any of said bonds over any other, provided that in event any payments of principal or interest shall fall due when there is not sufficient money in the Interest and Sinking Account or in the Reserve Account to make full payment thereof, all such moneys shall be applied first, to payment of accrued interest then due and, second, towards payment of principal upon matured bonds in order of serial number. July 27, 1953 397 Resolution Providing for Award and Sale of Garbage Disposal Plant Revenue Bonds, Continued: 8. The Village Council further covenants to continue to impose and collect rates and charges for services in accordance with existing rates and that it will not reduce such rates at any time to a point where the net revenue as herein de- fined shall be less than one and one-quarter times principal and interest require- ments for the ensuing year and that it will revise such rates from time to time whenever, and as often as, it may be necessary to make the net revenue sufficient for the purposes herein described. 9. The holders of twenty per cent or more in aggregate principal amount of the revenue bonds herein authorized at any time outstanding may, either at law or in equity, by suit, action or other proceedings protect and enforce the rights of all holders of revenue bonds outstanding hereunder or enforce and compel the performance of any or all covenants and duties herein specified on the part of the Village or its officials to be� performed, including the fixing and maintaining of sufficient rates, charges and rentals for services of the garbage disposal plant and the collection and proper segregation of the revenue and the proper applica- tion thereof. 10. Each and all of the terms and provisions of this resolution shall be and constitute a covenant on the part of the Village to and with each and every holder from time to time of the bonds issued hereunder. 11. The bid above described of J. M. Dain & Company to purchase said revenue bonds at a price of par and accrued interest plus $19.00 premium at the interest rate of three and one-eighth per cent (3 1/8%) per annum payable August 15, 1954, and semi=annually thereafter, is hereby determined to be the highest and best bid and the Mayor and Clerk are hereby authorized and directed to deliver to said purchaser, upon payment of said purchase price, said bonds in form, with maturities and in the denominations as hereinbefore specified. 12. The Mayor and Clerk are hereby authorized to execute purchase agreement submitted by the purchaser. Bids for Garbage Disposal Plant Bonds The following bids for purchase of $200,000. Garbage Disposal Plant Bonds received by the Village Council pursuant to advertisement for bids were opened and publicly read: NAME OF BIDDER INTEREST RATE PREMIUM Kalman & Company, Incorporated ) 3% on bonds due 1955/60 Paine Webber Jackson & Curtis ) 31% on bonds due 1961/64 Harold E. Wood & Company ) Plus additional coupons Juran & Moody ) at 1% From February 15, 1954 E. J. Prescott & Company ) to August 15, 1955 Allison Williams Company and Associates 3.40% $220.00 Resolution On motion of Trustee Jorvig, seconded by Trustee Middleton, the following resolution was adopted by unanimous vote of all Members of the Council present: RESOLUTION PROVIDING FOR AWARD AND SALE OF GARBAGE DISPOSAL PLANT BONDS WHEREAS, pursuant to advertisement for bids published in the St. Louis Park Dispatch July 9, 1953, and in Commercial West July 11, 1953, the following bids have been duly received by the Village Clerk and publicly read at this present meeting of the'Village Council for purchase of $200,000. Garbage Disposal Plant Bonds: NAME OF BIDDER INTEREST RATE PREMIUM Kalman & Company, Incorporated ) 3% on bonds due 1955/60 Paine Webber Jackson & Curtis ) 34% on bonds due 1961/64 - Harold E. Wood & Company ) Plus additional coupons Juran & Moody ) at 1% From February 15, 1954 E. J. Prescott & Company } to August 15, 1955 Allison-Williams Company and ) Associates ) 3.40% $220.00 3 July 27, 1953 WHEREAS, the bid of Kalman & Company, Incorporated, Paine Webber Jackson & Curtis, Harold E. Wood & Company, Juran & Moody, E. J. Prescott & Company has been determined to be the highest and best bid, therefore BE IT RESOLVED by the Village Council of the Village of St. Louis Park as follows: 1. The Village of St. Louis Park shall issue its negotiable coupons Garbage Disposal in the aggregate principal amount of $200,000., said bonds to be dated August 15, 1953, to be numbered 1 to 200 inclusive, in the denomination of $1,000. each; bonds numbered 1 to 80 inclusive shall bear interest at the rate of 3% per annum from August 15, 1953 to February 15, 1954; at,the rate of 4% per annum from February 15, 1954 to August 15, 1955; at the rate of 3% per annum • from August 15, 1955 to August 15, 1964; said interest shall be payable August 15, 1954 and semi-annually thereafter on the 15th day of February and the 15th day of August in each year; the said interest payable August 15, 1954, is to be represented by separate interest coupons in the sums of $5.00 and 30.00 respect- ively; and said interest payable February 15, 1955 and August 15, 1955 is to be represented by separate interest coupons in the sums of $5.00 and $15.00 res- pectively, all other interest payable is to be represented by single coupons; bonds numbered 84 to 200 inclusive shall bear interest at the rate of 31% per annum from August 5,, 1953 to February 15, 1954; at the rate of 4r% per-annum from February 15, 1954 to August 15, 1955; at the rate of 31% per-annuli from August 15, 1955 to August 15, 1964; said interest shall be payable August 15, 1954 and semi-annually thereafter on the 15th day of February and 15th day of August in each year; the said interest payable August 15, 1954 is to be repres- ented by separate interest coupons in the sum of $5.00 and $32.50 respectively; and said interest payable February 15, 1955 and August 15, 1955 is to be represented by separate interest coupons in the sums of $5.00 and $16.25 res- pectively, all other interest payable is to be represented by single coupons, and which shall mature serially in the amount of $10,000. August 15th in each ofathe years 1955 to 1959, both inclusive; and $30,000. August 15th in each year of 1960 to 1964, both inclusive, all without option of prior payment. 2. Both principal and interest on said bonds shall be payable at and the Village shall pay the reasonable charges of said bank for its services as paying agent. 3. The bonds and interest coupons to be thereto attached shall be in sub- stantially the following form: UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF HENNEPIN VILLAGE OF ST. LOUIS PARK No. $11000. GARBAGE DISPOSAL PLANT BOND KNOW ALL MEN BY THESE PRESENTS that the Village of St. Louis Park, Hennepin County, Minnesota, acknowledges itself to be indebted, and for value received hereby promises to pay to bearer on the 15th day of August of 19 , the sum of ONE THOUSAND DOLLARS and to pay interest thereon from the date hereof until said principal sum is paid at the rate of Bonds No. 1 to 80 3 per annum ffom August 15, 1953 to February 15, 1954; at the rate of 4% per annum from February 15, 1954 to August 15, 1955; at the rate of 3% per annum from August 15, 1955 to August 15, 1964. Said interest shall be payable August 152 1954, and semi-annually thereafter on the 15th day of February and the 15th day of August in each year. The said interest payable August 15, 1954, is represented by the attached coupons in the sum of $5.00 and $30.00 respectively and slid interest payable February 15, 1955, and August 15, 1955 is represented by the attached interest coupons in the respective sums of $5.00, and $15.00, all such interest being payable in accordance with and upon presentation and -surrender of the interest coupons hereto attached as they severally become due. Bonds No. 81 to 200 31 per annum from August 15, 1953 to February 15, 1954; at the rate of 44% per annum from February 15, 1954 to August 15, 1955; at the rate of 31% per annum from August 15, 1955 to August 15, 1964• Said interest shall be payable August 15, 1954, and semi-annually thereafter on the 15th day of February and 15th day of August in each year. The said interest payable August 15, 1954" is represented by the attached coupons in the sum of $5.00 and $32.50 respectively and said interest payable February 15, 1955 and August 15, 1955, is represented July 27, 1953 399 Resolution Providing for Award and Sale of Garbage Disposal Plant Bonds. Cont'd. by the attached interest coupons in the respective sum of $5.00 and $16.25, all such interest being payable in accordance with and upon presentation and surrender of the interest coupons hereto attached as they severally become due. Both principal and interest are payable at Northwestern National Bank of Minneapolis, Minneapolis, Minnesota, in any coin or currency of the United States of America which at the time of payment is legal tender for public and private debts. For the prompt and full payment of such principal and interest as the same respectively become due, the full faith, credit and taxing powers of the Village have been and are hereby irrevocably pledged. This bond is one of an issue of $200,000. principal amount, all of like date and tenor except as to interest rate and maturity, all issued by said Village for the purpose of providing money for the construction of a Garbage Disposal Plant to be used in connection with the garbage and refuse collection and disposal system of said Village, pursuant to authority conferred by more than the requisite majority vote of the electors voting thereon at a special election duly and regularly called and held in said Village, and is issued pursuant to and in full conformity with the Constitution and Laws of the State of Minnesota. 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, to exist and to be performed precedent to and in the issuance of this bond have happened, do exist and have been performed in regular and due form, time and manner as so required; that prior to the issuance hereof a direct annual irre- pealable ad valorem tax has been duly levied upon all of the taxable property in said Village for the years and in amounts as required by law, and additional taxes will be levied upon all of said property, if needed, within the limitations pre- scribed by law; and that the issuance of this bond did not cause the indebtedness of the Village to exceed any constitutional or statutory limitation of indebted- ness. IN 14ITNESS THEREOF, the Village of St. Louis Park, Hennepin County, Minnesota, by its Village Council, has caused this bond to be executed in its behalf by the signature of the Mayor and attested by the Village Clerk and its corporate seal to be hereto affixed, and has caused the attached interest coupons to be executed and authenticated by the facsimile signatures of said Mayor and Clerk, all as of August 15, 1953 Mayor VILLAGE OF ST. LOUIS PARK, MINNESOTA ATTEST: Village Clerk (SEAL) ( Form of Coupon) No. $ On the 15th day of February (August), 19 , the Village of St. Louis Park, Hennepin County, Minnesota, will pay to bearer at the sum of DOLLARS for interest then due on its Garbage Disposal Plant Bond dated August 15, 1953, No. . C. L. HURD Mayor Joseph Justad Village Clerk 4. The bonds shall be prepared under the direction of the Village Clerk and shall be executed on behalf of the Village by the signature of the Mayor and attested by the Village Clerk and the corporate seal of said Village shall be affixed to each thereof, and the interest coupons shall be executed and authenti- cated by the printed, engraved or lithographed facsimile signatures of said Mayor 400 July 27, 1953 { Resolution Providing for Award and Sale of Garbage Disposal Plant Bonds, Cont'd. and Clerk. When said bonds have been so executed, they shall be delivered by the Village Treasurer to the purchaser thereof upon receipt of the purchase price heretofore agreed upon and the purchaser shall not be obligated to see to the proper application thereof. 5. There is hereby created a separate sinking fund for said bonds, which shall be held by the Village Treasurer and used for no other purpose than to pay principal of and interest on said bonds; provided that if any payment of principal or interest shall become due when there is not sufficient money in said fund to pay the same, the Treasurer shall pay such principal or interest from the general fund of the Village, and said general fund shall be reimbursed for such advances out of the proceeds of taxes levied pursuant hereto or other moneys appropriated by the Village Council for such purpose. Into said sinking fund shall be paid all proceeds of the taxes levied pursuant to this resolution and such other moneys as may be received by the Village for the purpose of or appropriated to the payment of said bonds and interest. — 6. There is hereby levied upon all the taxable property in the Village a direct annual ad valorem tax which shall be spread upon the tax rolls and collected with and as a part of other general taxes -of the Village, which taxes to be spread upon the rolls for the years and in amounts as follows: Year Levy Year Lev 1953 25,000 1958 34,500 1954 15,770 1959 33,900 1955 15,400 1960 33,125 1956 15,100 1961 31,950 1957 14,800 1962 30,975 Each of said levies shall be irrepealable, provided that the Village reserves the right to reduce said levies in the manner and to the extent permitted by law. It is hereby determined that the aggregate amount of said levies, together with the amounts which will be available on account of special assessments to be levied against property served by the garbage disposal system of the Village, will be equal to interest and principal maturing on said bonds in each year, plus 5% thereof. — 7. The Village Clerk is hereby authorized and directed to file with the County Auditor of Hennepin County, Minnesota a certified copy of this resolution together with such other information as the County Auditor may require, and to obtain from the County Auditor a certificate that such tax has been levied and the bonds have been entered upon his bond register. 8. The County Auditor of Hennepin County and the officers of the Village are hereby authorized and directed to prepare and furnish to the purchaser of said bonds and to the attorneys approving the same, certified copies of all proceedings and records of the Village relating to said bonds and to the financial condition and affairs of the Village, and such other certificates, affidavits and transcripts as may be required to show the facts within their knowledge, or as shown by the books and records in their custody and control, relating to the validity and marketability of said bonds, and such instruments, including any heretofore furnished, shall be deemed representations of the Village as to the facts stated therein. 9. The Village Clerk is authorized to secure and furnish to the purchasers of said bonds at the expense of the Village the opinion of Messrs. Faegre & Benson, of Minneapolis, Minnesota, certifying as to the validity of the bonds and to furnish the printed bonds, also at the expense of the Village. 10. The bid of Kalman & Company, Incorporated, Paine Webber Jackson & Curtis, Harold E. Wood & Company, Juran & Moody and E. J. Prescott & Company is hereby determined to be the highest and best bid received as above recited and said bid is hereby accepted. The Village Treasurer is directed to retain the good faith check of the successful bidder pending sale and completion of the said bonds, and the Village Clerk is directed to return the checks of unsucessful bidders forthwith. The Mayor and Clerk are authorized to execute the purchase agreement submitted by the purchaser and to execute and deliver the bonds when prepared on or after August 15, 1953. Meeting Adjourned On motion of Trustee Bolmgren, seconded by Trustee Middleton, the meeting was adjourned at 12:40 A. M., July 28, 1953, to reconvene on August 1, 1953 at 2:00 P. M., by unanimous vote of all Members of the Council present. July 27, 1953 4101 C. L. HURD, Mayor ATTEST: J PH J T , erk ADJOURNED MEETING OF JULY 27, 1953 (AUGUST 1, 1953) The adjourned meeting of the Village Council of July 27, 1953, was called to order by Mayor C. L. Hurd at 2:35 P. M. The following Council Members were present at roll call: Trustee Bolmgren Trustee Jorvig Trustee Middleton Clerk Justad Mayor Hurd. Hearing on Application for Rezoning (Continued from July 27, 1953)-M. Grossman Hearing on application of Max Grossman for rezoning Lots 5, 6, and 7. Block 5, Minikanda Vista Second Addition from Residential Use to Commercial Use, continued from meeting of July 27, 1953 to this present meeting, was resumed. The Council met on the ground with neighbors and discussed above rezoning. They returned to the Village Hall and after further discussion, agreed that the matter be brought up again at the August 3rd meeting, Waive Hearing on Grading On motion of Trustee Bolmgren, seconded by Trustee Middleton, the deposit of $2700.00 made by Ecklund & Swedlund to guarantee assessment for grading of Cedar Lake Road east of Flagg Avenue and letter accompanying said deposit, dated July 29, 1953, waiving hearing and notice of hearing on the project were accepted; and letter from Adolph Fine, Incorporated, dated July 30, 1953, likewise waiving hearing and notice of hearing on said project was accepted, by unanimous vote of all Members of the Council. Plat Approved - West Texa-Tonka Hills Addition On motion of Trustee Bolmgren, seconded by Trustee Middleton, the plat of West Texa-Tonka Hills Addition was approved and accepted, and the Mayor and Clerk were authorized to sign same for the Village, subject to approval of the Village Engineer and Village Attorney, and the filing of a performance bond in the amount of $61,000. guaranteeing the grading of streets, by unanimous vote of all Members of the Council. Licenses On motion of Trustee Bolmgren, seconded by Trustee Middleton, the following applications for 1953 licenses were approved, and the Mayor and Clerk were authorized to issue licenses to expire December 31, 1953, by unanimous vote of all Members of the Council: Warren Drug Company Cigarette Restaurant 3.2 Beer Off-Sale Bonds On motion of Trustee Bolmgren, seconded by Trustee Jorvig, the following bonds were approved by unanimous vote of all Members of the Council: Plumbing License Bond with Robert J. Carlson as principal, and Commercial Insurance Company as surety, effective January 1, 1953, to expire December 31, 1953, in the amount of $1,000.00.