HomeMy WebLinkAbout1935, May 1 Refunding Bonds` `~~~~
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PiIIdU`i~'S OF T!n .2~GULAR I ~~TIPdG OI' ~_!~ CITY COIJICIh
OL' TTI^ CITY OT{ R~~3LTRG, IDAHO.
S,?a~ lst, 1935.
`1'he regular meetintM of the amity Cou.ne it of the C; tr of Rexbnr=;, was called to order at
~ 7i:2o o'ch~ek ~'.~~i., with RTayor Porter ~nresiding, and the following councilmen answering to
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the roll call: Kelley, ':?Webster, Petersen, '~'ri;ght and Stowell.
Tie minutes of the previcus meetin,^ were read wnd critil one amendment, approved.
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', T'sr. i~elley introduced and moved the adoption of the following resolution:
RESOhIITIOTt
:'II!REAS, the 5;'i92,000.00 of the reiluzdin.,C bonds of the City of Rexburg heretofore
aotlxorized by proceedings of the Council, have been duly signed by the IJ!ayor, the City Clerk
tl C' 1• ^~ d a° ads '0 1 1' z f e- ha a f th t t d` a b d
aua ie i ~y Lx easurer an xe nor x e ,~ r r c e every or xc n~,e or e ou s an x:n~, on s:
" of the City heretofore authorized to be rer~znded, and it has been agreed that the exchange
shall be made through the Rexburg State Banl: at Rexburg,
B~ IT T-;3SOI,VEll By the Council of the City of 't~exburg 'that the City Treasurer be and
' she is hereby authorized and directed to deliver forthwith the said refundin,_• bonds, in the
`amount of X92,000.00, to the Rexburg State Iianlc aforesaid, for exchange for the outstanding
:bonds of the City described in the proceedings had for tl-:e issuance of said refunding bonds.
Tsir. D. '.',. Stotivell seconded the motion to adopt the resolution. The riayor stated tI•xe'-
question on the adoption of the resolution. On roll call the follocrin,= members voted "9~E":
Izelley, '.Webster, Petersen, '+right and Stowell. absent and not voting: 'Shirley.
Bills i^.ere allol*rea.
The inco~xx.n,:~ itayor was sivozn~ into': bffiee by i:ayor Porter.
%Iotion was made by Stowell, seconded by rebster and passed br tine Council that the
meeting be adjourned.
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ti;' Attest: T• G. Richman
i' City Clerlc
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rthur porter, Jr.
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