HomeMy WebLinkAbout19650802_regulari 8/21 65
MINUTES OF THE REGULAR MEETING OF THE
IN THE EDINA VILLAGE HALL
EDINA VILLAGE COUNCIL, HELD MONDAY, AUGUST 2, 1965, AT 7:OO P.M.
Answering Rollcall were Members MacMillan, Rixe , Tupa and VanValkenburg
being absent, VanValkenburg served as Ma$or Pro Tem.
MINUTES of the Tcojm'cS&Meetings of July 7 and 12, 1965, and the Board of Review on
July 14, 1965, were approved as submitted by Motion MacMillan, Seconded by fixe and
carried
Mayor Bredesen
RECREATION CENTER BONDS SOLD.
of Notice of Sale of $300,000 Recreation Center BondsI Series A; and $150,000 Recreation
The Village Clerk presented Affidavits of Publication
Center Bonds, Series B, of the Village, for which bids were to be received at this
meeting; in accordance with a Resolution adopted by the Village Council on July 7, 1965,
which were approved and ordered placed on file. The Village Clerk reported that six
sealed bids had been received in her office prior to the time of this meeting, which
bids were thereupon opened and publicly read and considered and were found to be as
follows :
$300,000 RECREATION CENTER BONDS, SERIES A
Maturity Principal Interest Maturity Principal Interest
-
FIRST EDINA
NATIONAL BANK
FIRST NATIONAL
BANK OF
MINNEAPOLIS
9MERICAN
NATIONAL BANK
TRUST COMPANY
OF ST. PAUL
KALMAN E
COMPANY, INC.
E
Dates Amount Rate % Dates Amount' Rate %
(Segt. 1) (Septa 1)
1968 $10,000 3 1975 $20,000
1969 10,000 3 19 76 .20,000
1970 10,000 3 1977 20,000
1971 10,000 3 1978 30,000
1973 20,000 3.10 1980 30,000
19 74 20,000 3.30 1981 30,000
39 82 30,000
19 72 LO ,000 3.10 1979 30,000
Plus interest accrued from September 1, 1965, to the date of
Net interest Cost - $113,090.00
Average Net Interest Rate - .3.231142 per cent per annum
3.20
3.20
3.20
3.20
3.30
3430
3.30
3.30
delivery.
1968 $10,000 '3 19 75 $20,000 3.20
1969 10,000 3 . 1976 20,000 3.20
19 70 10,000 3 1977 20,000 3.20
19 71 10,000 3 . 1978 30,000 3.20
19 72 10,000 3 1979 30,000 3.20
1973 20,000 3 b9 80 30,000 3425
19 74 20,000 3 19 81 30,000 3.25
1982 30 $000 3.25
Plus interest accrued from September 1, 1965, to the date of delivery.
Net Interest Cost - $113,677.50
Average Net Interest Rate - 34247928 per cent per annum
1968 $10,000 3 1975 $20,000
1969 10,000 3 19 76 20,000
1970 10,000 3 1977 20,000
19 71 10,000 3 1978 30,000
19 72 LO ,000 3 19 79 30,000
1973 20,000 3 19 80 30,000
1982 30,000
19 74 20,000 3.20 1981 30,000
Plus interest accrued from September 1, 1965, to the date
Net Interest Cost - $115,494.00
Average Net Interest Rate - 3.2998 per cent per annum
1968 $10,000 3 1975 $20,000
1969 10,000 3 1976 20,000
1970 10,000 3 1977 20,000
1971 10,000 3 1978 30,000
1972 LO ,000 3 19 79 30,000
1973 20,000 3 L980 30,000
1974 20,000 3 19 81 30,000
1.9 82 30,000
Plus interest accrued from September 1, 1965, to the date
Net Interest Cost - $115,655.00
Average Net Interest Rate - 3.3044 per cent per annum
3.20
3.20
3.20
3.20
3.20
3.30
3.30
3.30
of delivery.
3
3.20
3.20
3.20
3.30
3.30
3.30
3.30
of delivery.
8/2/65
$300,000 RECREATION CENTER BONDS, SERIES A
Maturity Prin cip a3 Interest Maturity Principal Interest
Dates Amount Rate % Dates Amount Rate %
(Sept. 1) (Sept. 1)
NORTHWESTERN
NATIONAL BANK
OF bIINNEAPOLIS 1968 $10,000 3 19 75 $20,000 - 3.20
1969 10,000 3 19 76 20,000 3.20
1970 10,000 3 1977 20,000 3.20
19 71 10,000 3 19 78 30,000 31 20
19 72 10,000 3 19 79 30,000 3.30
1973 20,000 3 19 80 30,000 3.30
19 74 20,000 3 39 81 30,000 3.30
19 82 30,000 3.30 I Plus interest accrued from September 1, 1965, to the date of delivery
Net Interest Cost - $115;680.00
Average Net Interest Rate - 3.3051 per cent per annub $i5o,ooo RECREATION CENTER BONDS, SERIES B
Maturity Principal Interest Maturity Principal Interest
Rate % Dates Amount Rate %
I (Septa 1)
Dates Amount
ISept. 1)
N ORTHKE STERN
NATIONAL BANK
OF MINNEAPOLIS E
EDINA CETIZEN
COMMITTEE FOR THE
MUNICIPAL ICE
ARENA 1968 $ 5,000 3 1975 $10,000 3
1969 5,000 ‘3 1976 10,000 3
19 70 5,000 -3 1977 10,000 3
1971 5,000 3 1978 15,000 3
19 72 5,000 3 19 79 15,000 ’3
1973 10,000 3 19 80 15,000 3
19 74 10,000 “3 19 81 15,000 3
19 82 15,000 3
Plus interest accrued from. September 1, 1965, to the date of delivery.
Net Interest Cost - $52,500 00
Average Net Interest Rate - 3.00 per cent per annum
The interest on said bonds (being the total interest to the stated maturities, less any
premium.offered) according to the respective bids was then computed and reported.
following Resolution and moved its adoption:
After consideration of the foregoing bids, Trustee NacbIillan introduced the
RESOLUTION AWARDING SAL& OF
$300,000 ECREATLON CENTER BONDS, SERIES A
BE 3T RESOLVED by the Village Council of the Village of Edina, Minnesota, that the
bid of First Edina National Bank, of Edina, Minnesota, and associates, to purchase
$300,000 Recreation Center Bonds, Series A,“ of the Village to be dated September 1, 1965,
at a price of par plus accrued interest bohds maturing in the years set forth below to
bear interest at the respective rates per annum set forth opposite such years:
Maturity Years Interest Rat e
r
1968 through 1971 3.00%
I- 1972 through 1974 3.10%
1975 through 1978 3.20%
.L 1979 through 1982 3.30%
principal and interest to be payable at the main office of the First National Bank of
Minneapolis, in Minneapolis, Minnesota, and to be issued in accordance with the notice
of bondasale heretofore duly published, is hereby found and declared to be the highest
and bes-t: bid received pursuant to advertised notice of sale of said bonds, and is hereby aid successful
I
Trustee .Tups, and upon vote being taken t
MacBIillan, Rixe, Tupa and VanValkenburg, and the following voted against the same:
whereupon said resolution was declared duly passed and adopted and was signed by the Naygo
and attested by the Clerk.
None;
812765 $53
Trustee Rixe then introduced the following resolution and moved its adoption:
RESOLUTION At?mING SALE OF
BE IT RESOLVED by the Village Council of the Village of Edina, Minnesota,
$150,000 RECREATION CENTER BONDS, SERIES B
that the bid of Northwestern NatioBal Bank of Mpls. and Edina Citizens Committee
for the Municipal Ice Arena, and associates, to purchase $150,000 Recreation Center
Bonds, Series B, of the Village to be dated September 1, 1965, at a price of par
plus accrued interest plus a premium of None, bonds maturing in the years set
forth below to bear interest at the respective rates per annum set forth opposite
such years:
Maturity Years Interest Rat e
principal and interest to be payable at the main office of the Northweseern National
Bank of Minneapolis, In Minneapolis, Minnesota, and to be issued in accordance with
the notice of bond sale heretofore duly published, is hereby found and declared to
be the highest and best bid received pursuant to advertised notice of sale of said
bonds, and is hereby accepted.
faith check of said successful bidder and to
forthwith.
ATTEST :
1968 through 1982 3.00%
The Village Clerk is directed to retain the good
egoing resolution was
MacMillan, Rixe, Tupa and VanValkenburg, and the following voted against the same: None;
whereupon said resolution was declared duly passed and adopted and was signed by the
Mayor Pro Tem and attested by the Clerk.
Trustee MacMillan then introduced the following resolution and moved its adoption:
RESOLUTION AUTHORIZING THE ISSUANCE OF $450,000
RECREATION CENTER BONDS, PRESCRIBING THEIR FORM
AND DETAILS AND COVENANTS WITH RESPECT THERETO
BE IT RESOLVED by the Village Council of the Village of Edina, Minnesota, as
1.
follows :
adopted July 7, 1965, entitled "Resolution Providing for the Public Sale of $450,000
Recreation Center Bondsaa, the Village shall forthwith issue its Recreation Center Bonds,
which have now been duly advertised and sold.
principal amount of $450,000, consisting of two series, the bonds of Series A in the
principal amount of $300,000, consisting of 60 bonds numbered from 1 through 60, each
in the denomination of $5,000, and the bonds of Series B in the principal amount of
$150,000, consisting of 30 bonds numbered from 1 through 30, each in the denomination
of $5,000.
shall mature in order of serial numbers and without option of prior payment on
Spptember 1 in the years and amounts set forth below, bonds maturing in such years
bearing interest from date of issue until paid at the annual rate set forth opposite
such years and amounts, respectively:
Maturity Principal Inter est Maturity Principal Interest
Years Amount Rate Years Amount Rate
Pursuant to the authority and for the purpose described in the resolution
The bonds shall be in the aggregate
The bonds of each series shall be dated as of September 1, 1965, and
Serial A Serial B
1968 $10,000 3.00% 1968 $ 5,000 3.00%
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
198 1
1982
10,000
10,000
10,000
10,000
20,000
20,000
20,000
20,000
20,-000
30,000
30,000
30,000
30,000
30.000
3.00%
3.00%
3.00%
3.10%
3.10%
3.10%
3.20%
3.20%
3.20%
3.20%
3 .' 30%
3.30%
3.30%
3.30%
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
5,000
5,000
5,000
5,000
10,000
10,000
10,000
10,000
10,000
15,000
15,000
15,000
15,000
15,000
3 t 00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
3.00%
Interest on the bonds shall be payable on March 1, 1966, and semiannually thereafter
on each September 1 and March 1. Principal and interest on the'bonds of Series A
shall be payable at the main office of the First National Bank of Minneapolis in
Hinneapolis, Minnesota, and principal and interest on the bonds of Series B shall
Minneapolis, Minnesota, and the Village hereby agrees to pay the reasonable and
customary charges of such paying agents.
~
,
I be payable at the main office of the Northwestern National Bank of Minneapolis, in
I
8/2/65
Z\ The bonds shall be printed in substantially the following form, with suitable
variations as to the Series:
UNITED STATES OF &ERICA
STATE OF MINNESOTA
COUNTY OF -PIN
VILLAGE OF EDINA
RECREATION CENTER BOND,
SERIES A
(SERIES B)
No. $
KNOW ATL MEN BY THESE PRESENTS that the Village of Edina, Hennepin County,
THOUSAND DOLLARS on the 1st day of September, 19 , Ninnesota, acknowledges itself to be indebted and for value received promises to
pay to bearer the sum of
without option of prior payment, and to pay interest Qn said principal sum at the
rate of per cent ( %) per annum,
from the date hereof until the principal sum is paid, and additional interest at the
rate of per cent ( %) per annum
from , 19 , to , 19 ; such interest being payable semi-
annually on the 1st day of March and the 1st day of September in each year, commencing
March 1, 1966, and interest to maturity being payable in accordance with and
upon presentation and surrender of the interest coupons appurtenant hereto, *consisting
of one set serially numbered representing interest to maturity at the basic rate-
applicalbe to this bond, and a separate set numbered B-l through B- , representing
interest at the additional rate payable for the limited period stated above. Both
principal and interest are payable at
of the United States of America which on the respective dates of payment is legal
tender for public and private debts.
principal and interest respectively become due the full faith, credit and taxing
powers of the Village have been irrevocably pledged.
This bond is one of a series in the aggregate principal amount of $300,000
($lSO,OOO), all of like date and tenor except as to serial number, maturity date and
interest rate, issued by the Village for the purpose of financing the construction
of a municipal recreation center, consisting primarily of an artificial ice-skating
facility, and is issued pursuant to resolutions duly adopted by the Village Council
and'pursuant to and in full conformity with the Constitution and laws of the State
of Minnesota thereunto enabling, including Laws 1961, Chapter 655.
conditions and things required by the Constitution and laws of the State of Minne-
sota to be done, to happen, to exist and to be performed precedent to and in the
issuance of this bond in order to make it a valid and binding general obligation of
the Village according to its terms have been done, have happened, do exist, and have
been performed in regular and due form, time and manner as so required; that the
Village has pledged and appropriated to the special fund for the payment of the
bonds so much of thenet revenues to be derived from the operation of the municipal
recreation center and of the municipal liquor dispensary as shall be required to
pay the principal thereof and interest thereon when due and to establish and main-
tain at all times a reserve equal to the average, annual amount of such principal
and interest, provided that if such revenues should at any time prove insufficient
€or these purposes the Village is required to levy ad valorem taxes upon all tax-
able property witliin its corporate limits, without limitation as to rate or amount,
for the payment of the bonds and interest thereon when due; and that this bond,
together with all other indebtedness of the Village outstanding on the date hereof
and on the date of its actual issuance and delivery, does not exceed any constitu-
tional or statutory limitation of indebtedness.
IN WITNESS WHEREOF, the Village of Edina, Hennepin County, Minnesota, by
its Village Council has caused this bond to be executed in its behalf by the facsimile
signature of its Mayor and the manual signature of the Village Manager, and
sealed with its official seal, and has cuased the interest coupons appurtenant hereto
and the certificate appearing on the reverse side hereof to be executed and
authenticated by the facsimile signatures of said officers, and has caused this
bond to be dated as of September 1, 1965.
, in 3 , in any coin or currency
For the prompt and full payment thereof as the
IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts,
(Facsimile signature)
' Mayor
Countersigned :
iri'i%&e Eianager
(SEBL)
,
8/2/65
(Form of Coupon)
On the first day of March (September),
No. J $
19 the Village of Edina, ( Hennepin County, Minnesota, will pay to- bearer at I
3 in ¶ , the amount shown
hereon in lawful money of the United States of America, for the installment of
interest then due on its Recreation Center Bond, Series A (Series B), dated September 1,
1965, No. .
(Facsimile signature)
Village Manager Mayor
(Form of certificate to be printed on the reverse side of each
bond, following a full copy of the legal opinion on the issue.)
Ve certify that the above is a full, true and correct copy of the legal
opinion rendered by bond counsel on the issue of ReciEeation Center Bonds, Wries A
(Series B), of the Village of Edina, Hennepin County, Minnesota, which includes
the within bond, dates as of the date of delivery of and payment for the bonds.
(Facsimile signature) (Facsimile signature)
3.
and executed in behalf of the Village by the printed, engraved or lithographed facsimile
signature of the Mayor, manually attested by the Village Manager, and the
corporate seal of the Village shall be affixed thereto, and the appurtenant interest
coupons and the certificate on the reverse side of the bonds referring to the legal
opinion thereon shall be executed and authenticated by the printed, engraved or
lithographed facsimile signatures of the Mayor and Village Manager. When the bonds
have been so executed and authenticated, the Treasurer shall deliver them to the
purchasers in accordance with the contracts of sale heretofore entered into, on
receipt of the agreed purchase price including accrued interest to the date of such
delivery, and the purchasers shall not be required to see to the proper application
of the proceeds of the bonds.
4. Upon delivery of the bonds herein authorized, the bond proceeds shall
be credited to the fund established for construction of the recreation center now
beipg constructed, in accordance with approved plans and specifications, on the
following-described property of the Village:
(F ac s imi 1 e signature)
Village Manager Mayor
The bonds shall be prepared under the direction of the Village Clerk
Parcel 640, Section 7, Township 116, Range 21 West, being part
of a 410 acre tract formerly known as Hay's Farm.
5. It is hereby found, determined and declared that net revenues derived
from operation of the municipal liquor stores, in excess of the cost of operation
and maintenance thereof, in the fiscal year which ended December 31, 1964, were in
excess of $275,000, which amount exceeds the maximum amount of principal and interest
to become due in any future fiscal year on all of the outstanding Golf Course
Bonds of the Village, dated as of December 1, 1963, and on the bonds herein authorized.
From net revenues derived from operation of the municipal liquor stores and
now on hand the sum of $36,215 is hereby appropriated and shall be credited forth-
with to the Bond Account of the Recreation Center Fund referred to below, which
amount exceeds the average annual amount of principal and interest to become due on
the bonds herein authorized in all future fiscal years. The Village is therefore
authorized by Chapter 655, Laws 1961, to secure the bonds herein authorized by the
covenants and agreements hereinafter set forth.
655, net revenues to be derived from operation of the municipal liquor stores, in
excess of the cost of such operation and maintenance and commodities purchased
therefor, are hereby pledged to payment of the Recreation Center Bonds and interest
thereon. By Ordinance No. 131 the Village has established its municipal liquor
dispensary, now consisting of three retail stores, for the sale of intoxicating
liquor, and has created a municipal liquor dispensary fund in which all revenues
received from operation of the dispen4ary are required to be deposited and from
which all ordinary expenses, operation and maintenance are required to be paid.
Village covenants and agrees, for security of its taxpayers and of the holders of
the bonds herein authorized, that it will maintain in said fund an Operating
Account, to which shall be charged and from which shall be paid only those items of
disbursement which, in accordance with accepted accounting practices, constitute
normal, reasonable and current costs of operation and maintenance of thestores,
including without limitation compensation of, the liquor store manager or managers
and other necessary employees, insurance, utility services, and cost of maintenance
of a reasonable stock of merchandise; that it will credit to the liquor dispensary
fund a11 receipts from sale of intoxicating liquor and from the sale of other mer-
chandise and services on the dispensary premises, and from the rental of any portion
of the liquor dispensary building, and from the sale of any equipment or furnishing
pruchased for the dispensary and not needed to be retained, which receipts are re-
ferred to in this resolution as the gross revenues; and that the net revenues
pledged for payment of the bonds herein authorized include all gross revenues from
time to time on hand in the liquor dispensary fund in excess of a balance in the
Operating account equal to the sum of all claims due and payable within one
month.
In accordance with said Chapter
The
?. ._
I 8/2/65
16. The recreation center, when completed, shall be operated as a revenue
producing public convenience, and the Village further covenants and agrees for the
security of its taxpayers and the holders of the bonds that until said bonds and
interest are fully paid it will maintain on its official financial records a separate
and special Recreation Center Fund, to be administered and accounted for as follows:
will credit as received all gross revenues received by it from its ownership and
operation of the Recreation Center, including, but without limitation, fees to be I
charged to all persons making use in any manner of the recreational facilities
provided by the center, rentals to be charged for all use of lockers or other space
on the premises, and charges to be made for all merchandise sold on the premises.
The Operatipg Account will be used only to pay disbursement items which, according
to accepted accounting practices, constitute normal, reasonable and current costs of
the operation and maintenance of the Recreation Center, including, but without limi-
tation, sazaries and wages of the manager and other persons necessarily employed in
the operation and maintenance of the center and the collection of charges for its
extent that their tige is actually and necessarily spent in the administration and
maintenance of the R creation Center; premiums for such insurance on the center
premises and buildings and against liability incurred in the operation thereof as
is customarily carried by prudent owners of similar properties; utilities; supplies
required for the maintenance of the center in the same condition as when completed
in accordance with the plans and specifications; and the cost of merchandise sold.
The balance of gross revenues from time to time on hand in the Recreation Center
Fund in excess of the sum of the claims properly due and payable from the Operating
Account, plus the reasonably estimated amount of such claims to becomedue and pay-
able within one month, constitutes the net revenues which are pledged and appropriated
by this resolution for the payment of the bonds herein authorized.
the payment of the principal and interest when due on the Recreation Center Bonds
and for the maintenance of a reserve securing such payments in the sum of $36,215
appropriated thereto incparagraph 5 of this resolution. From the net revenues on
hand in the Operating A count there shall be transferred to the bond account each
month a sum equal to not less than one-sixth of the interest to become due on the
then next succeeding interest payment date plus one-twelfth of the principal to become
due on the then next succeeding maturity date of the bonds, and if the net
revenues on hand in any month are not sufficient to comply fully with this requirement,
the deficiency shall be restored to the bond account out of the next net revenues
thereafter received; except that such transfers may be discontinued when and as
the total balance in the Bond Account, together with the payments of principal and
interest to become due on any general obligation securities of the United Stated
Government in which such balance may be invested, is sufficient to pay all remaining
principal and interest to become due on said bonds.
Any net revenues from time to time remaining in the Recreation Center Fund, after
compliance with paragrpahs 68 and 6B above, shall be available to finance the improvement:
of the Recreation Center or the acquisition, betterment, operation or maintenance of
other municipal recreational facilities, or to pay the principal and interest on
addirional bonds issued €or the acquisition or betterment of such facilities, or
for any other proper corporate purpose for which they may be appropriated by the Council
in accordance with law; provided, however, that no additional bonds shall be issued
and made payable from thenet recreation center revenues unless the pledge of such
revenues for the payment of such bonds is expressly made subordinate to the first
lien on and pledge of said revenues for thepaymentof principal and interest due
and the maintenance of the reserve securing the Recreation Center Bonds herein
authorized.
D.
sufficient to transfer to the Bond Account the amounts then and theretofore required
in paragraph 6B above, the amount of the deficiency shall be advanced from the net
revenues then on hand in the liquor dispensary fund, and such advances shall be
repaid from the next net recreation center revenues then received in the Bond &count.
E.
or in part from the net revenues of the municipal liquor dispensary, whether pursuant
to Laws 1961, Chapter 655 or any other applicable law, provided that the pledge of
the net liquor revenues for the payment of such bonds and interest is expressly made
subordinate to the first lien on and pledged thereof for the payment of the principal
and interest on the Recreation CenterBonds herein authorized and the maintenance'
of the agreed reserve securing such payments, unless the net liquor revenues
received during the fiscal year immediately preceding such issuance shall have been
not less than one and one-quarter times the maximum amount of principal and interest
to become.due in any subsequent fiscal year on the Recreation Center Bonds and
all other bonds then payable from such net revenues, including the additional bonds
then proposed to be issued.
fiscal year preceding any such issuance have conformed to the condition prescribed
in the preceding sentence, the additional bonds so issued may be made payable from
the net liquor dispensary revenues on a parity with the Recreation Center Bonds as
to both principal and interest, without preference or priority of one bond over -_
any other; except that if the net liquor revenues on hand at any time are not -
A. An Operating Account will be maintained within the fund, to which the Village
I
B. A Bond Account will also be maintained in the fund, to be used solely for
I
C.
In the event that at any time the net recreation center revenues are in-
Nothing herein shall prevent the future issuance of bonds payable in whole
I
In the event that the net revenues received in the
8/2/65 3/57
sufficient with other funds then on hand for the payment of all such bonds, to pay
in full the principal and interest then due, the balance of net liquor revenues then
available shall be allocated to the Bond Account of the Recreation Center Fund and
to the respective funds established for the payment of other bonds, in proportion to
the principal amount of bonds of each issue which are then outstanding.
7. Pursuant to said Laws 1961, Chapter 655, the full faith, credit and
taxing powers of the Village are also irrevocably pledged for the prompt and full
payment of the principal and interest on the Recreation Center Bonds as such principal
and interest respectively become due. The appropriations. and covenants contained
in this resolution are deemed to be sufficient to assure the payment of such
principal and interest and the maintenance of additional reserves as required by
said Chapter 655 and by Minnesota Statutes, Chapter 475. Accordingly, no tax is
presently levied for this purpose. However, if on October 1 in 1966 or in any
subsequent year the balance on hand in the Bond Account of the Recreation Center Fund
should be less than the sum of such principal and interest to become due in the ensuing
claendar year, the Village covenants and agrees that it will levy a tax sufficient
with thenet liquor dispensary revenues and net recreation center revenues then on
hand in said account, to pay all such principaland interest, which tax shall be
levied upon all taxable property within the corporate limits of the Village, without
limitation as to rate or amount.
The Village Clerk is hereby authorized and directed to file with the
County Auditor of Hennepin County a certified copy of this resolution, together
with such other information as the.County Auditor may require, and to obtain from
said County Auditor a certificate that the tax required by law for the payment of
said bonds has been levied, and that said bonds have been entered upon his bond
register.
hereby authorized and directed to prepare and furnish to the purchaser of said
bonds, and to the attorneys approving the legality of the issuance thereof, 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 affidavits,
certificates and information as may be required to show the facts relating to the
legality and marketability of said bonds as the same appear from the books and
records under their custody and control or as otherwise known to them, and all such
{
8.
9. The officers of the Village and County Auditor of Hennepin County are
ATTEST:
// ./
Village Clerk
The motion for the adoption of e foregoing resolution F s duly seconded
by Trustee Tupa, and upon vote bei taken thereon, the following voted in favor
thereof: MacMillan, Rixe, Tupa and VanValkenburg and the following voted against
the same:
and was signed by the Mayor Pro Tem and attested by the Village Clerk.
None; whereupon said resolution was declared duly passed and adopted
TYLER AVE. FROM BEIMORE LANE TO NORTH VILLAGE LIMITS VACATED.
that this street vacation had been continued from July 12 and that he had sent to
Council Members a complete memo, after a meeting with Mr. and Mrs. Geron Carlson,
in which he had recommended vacation. Mr. Hyde stated that the error in this platting
was made prior to incorporation of the Village. Other problems involved would bot
be affected by the vacation. Mrs. Beauford Carlson, 6600 Belmore Lane, stated
that she wanted it known that she and her htisband had not been the instigators of
the petition. She also stated that the Geron Carlsons still wanted to know if they
could have some assessment tax relief, but that they were willing to approve the
vacation.
the additional land, Mr. Hite stated that the property would revert to Lots 1 through 13,
Block 1, in West Minneapolis Heights. If desired, the owners on Dearborn Ave. could
purchase this land from the West Minneapolis Heights owners. MacMillan then offered
the following resolution authorizing vacation of the above-mentioned street:
RESOLUTION VACATING A PORTION OF
Manager Hyde explained
In response to Mrs. Carlson's question as to which property acquires
TYLER AVENUE
WHEREAS, two weeks' published, posted and mailed notice of a Hearing to
be held on June 21, 1965, at 7:OO P.M., on the proposed vacation of the street
hereinafter described has been given and made, and a hearing has been held thereon
by the Village Council:
NOV, THEREFORE, be it resolved by the Village Council of the Village of
Edina, Hennepin County, Minnesota, that that part of Tyler Avenue between Belmore
Lane and the North Village Limits, all as platted and of record in the office of
the Register of Deeds in and for Hennepin County, Minnesota, be and is hereby
vacated effective September 6, 1965, unless on or before said date this Resolution
is amended, annulled or rescidded by the Village Council.
four ayes and no nayes and the resolution
ATTEST:
11 there were
8/2/65
VACBTION OF ALLEY FROM BEDFORD AVENUE TO 129' EBST DENXED,
and Publication were presented by the Clerk, approved as to form and ordered placed
on file, One with two property owners favoring vacation
and one signed by four property owners opposing vacation.
of the alley with the aid of the view-graph.
stated that he owned lots 1, 2 and 3, Brookside Heights, and that he would like to
register his protest against the vacation because of the fact that he plans on
developing his lots, Nr. Hite pointed out that the alley right-of-way is a natural
water course and that the closest storm sewer is on Interlachen Blvd. MacMillan's
motion to deny vacation until developing and storrn sewer problems have been resolved
was seconded by Tupa and unanimously carried. Petitioners Donald L. Colvin, 5005 Bedford,
and W. R. Winsor, 5013 Bedford, appeared at the meeting after the above action had been
taken and were told the alley would not be vacated until drainage improvements had
been determined.
trimming trees in the alley, Mr. Hyde stated that the tree trimming budget is very
limited and that there are no funds in the general levy for normal tree care.
Affidavits of Mailing
Two petitions were presented.
Mr. Hite explained terrain
Peter M. Dougall, 5100 Newton Ave. S,,
I In reply to question relative to the possibility of the Village
YORK AVENUE CUL-DE-SAC VACATION CONTINUED.
publication which were approved as to form and ordered placed on file.
explained with the aid of the view graph that the area to be vacated has been replaced
by a new cul-de-sac located to the south. Mr. George Maloney, attorney for the
Misses Pierce, stated that hisfclients own a private easement which extends 25' each
side of a line between Lots 6 and 7, Cassin's Replat, which was obtained from
Mr. Roy Peterson at the time the property was sold to him. Mr, Hite stated that the
Village has a public road easement from Mr. Peterson. In reply to Mr, Ma1oney"s
question as to whether or not curb had been installed, Mr. Hite stated that they
are in the process of this installation at the present time.
continue vacation to the first meeting in September was seconded by Tupa and carried.
Clerk presented Affidavits of Mailing and
Mr. Hite
NacMillan's-motion to
EETITIONS RECEIVED. The following petitions were received, reviewed and ordered
referred to the Engineering Department for programmirig:
1.
2.
Grading and Gravelling - Gleason Road between Dewey Hill Road and Schey Drive.
Oiling - VanBuren Ave, from and including 400 through 425 VanBuren,
SCKAE!?ER ROAD WATERMAIN EXTENSION REQUESTED,
Dr. Carl Rice, 5113 Schaefer Road, has requested that Watermain 8200 be extended in
order to provide two connections for his property,
watermain 320' and would pass the property of Mark S, Dalquist, 5012 Schaefer Road, who
has stated that he has no objections to the extension of the watermain if he did not
have to pay at this time and that he would be agreeable to a deferred connection
charge, Attorney Whitlock commented that the area of an improvement cannot be
increased without an improvement hearing, but that with the consent of affected
properties, the necessity of a hearing would be eliminated. Mr. Hite pointed out
that timing is such that if the extension is to be installed, it should be authorized
at this meeting-before equipment is removed from the site and the cost increased
accordingly.
legal clarification was seconded by Madillan and on Rollcall all voted aye and the
motion was carried. Trustee HacMillan asked that the record show that this action
(as is so often the case) isthe result of an emergency which would not have come
about had property owners previously heeded the advice of Village Engineers.
Manager Hyde informed Council that
This request would exeend the
Rixe's motion to approve extension of Watermain #200 subject to
LIBRARY PROGRESS REPORTED.
architects, none of whom could meet a schedule of having the building under construction
before frost. Fees of all were relatively the same and none would submit preliminary
sketches. Mr, Hyde stated that he would talk to three of the architects, get ideas
as to the type of architecture they propose and have a firm recommendation by next
Council meeting.
NEW PARK BOARD MEMBERS NAMED,
C. S. Jordan and Walter Robilliard from the Park Board, He also announced that
Mayor Bredesen, with Council confirmation, will appoint Richard Enroth and Elmer S.
Conover to the Park Board to fill out the unexpired terms of the above-mentioned
members. Council confirmed, unanimously, these appointments which will be in effect
until January 1, 1967.
Mr, Hyde reported that he had communicated with nine
Mr, Hyde announced with regret the resignation of
I
OUTLOT 1, CASSIN'S REPLAT C0M)EMNATION PROCEDINGS AUTHORIZED. Mr. Hyde informed
Council that 3f.r. Roy Peterson, owner of Outlot 1, Cassin's Replat, is asking
$24,000 for the property over which the Village needs an easement for storm water
storage purposes. Mr. George Maloney, representing the Misses Pearce, asked whether
or not there were any changes in the original plans for use of the property and was
told that there were none.
the outlot would be assessed for this additional cost and was advised that the property
is not within the storm sewer assessment district, MacMillan then offered the
following Resolution and moved its adoption:
Mr, Maloney questioned whether the south 665 feet of
I59 8/2/65
RESOLUTION AUTHORIZING CONDEMNATION PROCEEDINGS
FOR ACQUISITION OF OUTLOT 1, CASSIN'S REPLAT
WHEREAS, t..e Village of Edin a is in need of a Storm Sewer Storage Easemen, in
Outlot 1, Cassin's Replat, and
WHEREAS, the owner of said property is asking an unrealistic price for the
property 9
NOW, THEREFORE, BE IT RESOLVED that the Village Attorney be authorized to
institute condemnation proceedings in order that the Village acquire said property
at a reasonable price.
de recalled to
an ordinance is being considered which would amend the Medical District Zoning Ordinance
to allow this type of usager
Council is again requested to allow this use.
real estate office in the Southdale Medical Building as a use being related to the
general concept of the Medical District Zoning Ordinance was seconded by Tupa and
unanimously carried.
Inasmuch as a reliable tenant is available at this time,
Rixe's motion for approval of the
HENNEPIN COUNTY STMET MAINTENANCE DISCUSSED,
City of Bloomington had made a formal application to Hennepin County which would allow
Bloomington to take care of snow plowing, str-et cleaning, storm sewer maintenance,
etc, on County facilities within Bloomingtonr This would eliminate considerable
duplication of effort and should speed up services.
had discussed the matter briefly wihh the County Highway Engineer and asked permission
to investigate the possibility of Edina also doing this work on a contract basis.
MacMillan's motion that investigation be continued by Mr. Hyde was seconded by Tupa
and unanimously carried.
Manager Hyde informed Council that the
14rr Hyde further stated that he
W, 56TH STREET NAME CHANGE TO "DUNDEE ROAD" OFFERED FOR FIRST READING. Clerk presented
Affidavits of Publication and of Mailing of Notice of Public Hearing of Proposed Street
Name Change.
Road could be seen more easily from Highway 169,
Ordinance for First Reading:
Mr, Hyde reported that the request was requested in order that Dundee
MacMillan then offered the following
ORDINANCE NO, 164-30
AN ORDINANCE AMENDING VILLAGE OF EDINA ORDINANCE
CERTAIN ROADS, STBETS AND AVENUES OF THE VILLAGE
NO. 164 ENTITLED I' AN ORDINANCE NAMING AND RENAMING
OF EDLNA
THE VILLAGE COUNCIL OF THE VILLAGE OF EDINA, MINNESOTA, ORDAINS;
Section 1.
"Section 46.
Ordinance No. 164 of the Village, as amended, is hereby €urther
amended by adding after Section 45 the following;
same is of record in tihe office of the Register of Deeds of Hennepin County, is
hereby renamed Dundee Road,"
publication,
W. 56th Street between Dundee Road and Highway #169, as the
Section 2. This Ordinance shall be in effect from and after its passage and
BOUNDARY BOULEVARD STREET NAME CHANGE TO "VIKING' BOULEVARD" OFFERED FOR FIRST READING.
Clerk presented Affidavits of Publication and Mailing of Notice of Public Hearing oE
Proposed Street Name Changer
Curry Insurance Co. and Rauenhorst Construction Company,
submit comment on the matter and no further discussion was heard &?om the Council.
MacMillan then offered the following Ordinance for First Reading:
Mr.. Hyde reported that-the request was made by Dunn E
No persons were present to
ORDINANCE NO. 164-31
AN ORDINANCE AMENDING VLLLAGE OF EDINA ORDINANCE
CERTAIN ROADS, STREETS AND AVENUES OF THE VILLAGE
NO. 164 ENTITLED "AN ORDINANCE NAMING AND RENAMING
OF EDINA
THE VILLAGE; COUNCIL OF THE VILLAGE OF EDINA, MINNESOTA, ORDAINS:
Section 1,' Ordinance No. 164 of the Village, as amended, is hereby further
"Section 47.
Section 2.
amended by adding after Section 46 the following;
Register of Deeds of Hennepin County , is hereby renamed "Viking Drive.."
publication,
Boundary Boulevard as the same is of record in the office of the
This Ordinance shall be in effect from and after its passage and
8/2/65
INDIAN HILLS STREET REPAIR HEARING DATE SET.
moved its adoption:
RESOLUTION PROVIDING FOR PUBLIC HEARINGS ON
Tupa offered the following Resolution and
RUBBERIZED SEAL COAT
BE IT RESOLVED by the Village Council, Village of Edina:
1. The Village Engineer, having submitted to the Council a preliminary report
as to the feasibility of the proposed Rubberized Seal Coat described in the form of
Notice of Hearings set forth below, and as to the estimated cost of such improvements,
said report is hereby approved and directed to be placed on file in the office of the
Village Clerk.
2. This Council shall meet on Monday, August 36, 1965, at 7:OO P.M. in the Edina
Village Hall, to consider in public hearing the views of all persons interested in said
improvements.
3. The Clerk is hereby authorized and directed to cause notice of the time, place
and the purpose of said meeting to be published in the official newspaper once a week
for two successive weeks, the second of which publicatiBns is to be not less than three
days from the date of said meeting, and to mail notice io all affected properties not
later than ten days from the date of said meeting, which notice shall be in substantially
the foLlowing form:
RUBBERIZED SEAL COAT
THE EDINA VILLAGE COUNCIL will meet at the,Edina Village Hall on Monday, August 16, 1965,
at 7:OO P.M. , to consider the following proposed improvement to be constructed under the
authority granted by Minnesota Statutes 1961, Chapter 429, The approximate cost of said
improvement is estimated by the Village as set forth below:
CONSTRUCTION OF RUBBERIZED SEAL COAT ON THE
I
NOTICE OF PUBLIC HEARING'ON "
ESTIMATED COST .
FOLLOWING STREETS :
Indian Hills Road from Indian Hills Pass to west
Mohawk Trail from West Trail to .Indian Hills Road
Dakota Trail from south line of Indian Hills
Indian Hills Road from Navaho Trail to Cherokee Trail
Cheyenne Trail from south line of Indian Hills
Blackfoot Pass from Cheyenne Trail to Indian Hills Rd.
line of Indian Hills Addition
Addition to Indian Hills Road
Addition to Indian Hills Road
I Indian Hills Circle from Indian Hills Road to cul-de-sac $10 , 120 . 95
The area proposedto be assessed for the cost of the proposed Rubberized Seal Coat
includes a11 lots and tracts of land abutting the streets listed above,
Florence Hallberg
Motion for adoption of the Resolution was sec
four ayes and no nayes and the Resolution was
ATTEST :
sen Road, with
MacMillan's violation of Ordinance #142-3 in order to bring the matter to trial.
motion that Mr. Whitlock proceed as requested was seconded by 8ixe and carried
unanimously.
CLAIMS PAID.
August 2, 1965, as follows:
Park, Park Construction, Swim Pool and Golf Course, $9,546.04; Water Fund, $6,913.21;
Liquor Fund, $25,928.21; Sewer Rental Fund, $545.03; Total $50,560..43.
seconded by Rixe and carried.
The evenings agenda having been covered, Tupa moved for adjournment.
by MacMillan and carried.
Tupa moved for payment of the following Claims as per Pre-List dated
Construction Fund, $6,734..44; Construction Fund, $893,50;
Motion
I Motion seconded
Adjournment at 8:OO P.M.
LA0 h Village Clerk