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HomeMy WebLinkAbout7328-7329 (Res.)•Kiso m • RESOLUTION NO. 7328 RESOLUTION AUTHORIZING PAYMENT OF COUPON NO. 21, BOND N0. 203. WHEREAS, Coupon number 21, attached to Bond number 203, due August 1, 1989, in the amount of $150.00 of the City's $1,050,000 General Obligation Improvement Bond of 1979, dated January 1, 1979, has been represented to be lost; and WHEREAS, the City of Stillwater has been furnished a satisfactory Bond of Indemnity, Bond No. B-DFI-2-84-16-83 of Chubb Group of Insurance Companies, Warren, NJ, in the amount of $300.00, which is the sum double the amount of the lost obligation, as required by Minnesota Statutes Chapter 475,70, to save it harmless from damages; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Stillwater, Minnesota that: 1. Norwest Bank Minneapolis, N.A. in Minneapolis, Minnesota, as paying agent for said issue, is hereby authorized to pay to Merrill Lynch Pierce Fenner A Smith, Inc. the sum of $150.00 for the lost coupon hereinabove described upon receipt of this resolution, and 2. The City of Stillwater shall hold said paying agent harmless from any and all damages it may incur by reason of said payment, and 3. The City Clerk is hereby directed to certify this resolution in two parts and retain one copy for the city records and mail forthwith the remaining copy to Norwest Bank Minneapolis, N.A. Adopted by the City Council this 19th day of June, 1984. Attest: RESOLUTION N0. 7329 RESOLUTION APPROVING PART TIME EMPLOYMENT BE IT RESOLVED by the City Council of the City of Stillwater, Minnesota, that the employment of Art Hayden as part time ice arena worker, be and the same is hereby approved for a period to coincide with the Sumner Hockey School Program. Compensation for services shall be the sum of $4.60 per hour. Adopted by the City Council this 19th day of June, 1984. Attest: City erk `1 m • • •