1977-06Bill 1977-6
AMENDMENT TO CHAPTER XII,
PART II, SECTION 12.18,
OF THE ORDINANCE CODE OF
THE CITY OF RICHFIELD
CITY OF RICHFIELD DOES ORDAIN:
Chapter XII, Part II, Section 12.18, of the Ordinance Code of the City
of Richfield, relating to the permanent improvement revolving fund, is
hereby amended in the following respect:
Subdivisions 3 and 4 thereof are amended to read as follows:
"Subd. 3. Disposition of Funds. The monies in said fund shall be used
only as directed by resolution of the city, and [solely] for the purposes of
advancing to local improvement funds the cost of improvements for which
assessments are to be levied[.] and (2) providing interim financing of
capital expenditures for projects of the city's housing and redevelopment
authority. A11 such monies so furnished shall be restored when and as
sufficient monies are received in said improvement funds, or permanent
Project financing has been obtainedz as the case may be, with interest at
a rate of not less than five percent per annum during the time for which
such monies have been so furnished.
"Subd. 4. Investment When Permitted. Whenever there shall be monies
in said fund not immediately needed for [local improvements] the purposes
set forth in subdivision 3 of this section, such monies may be invested
under the direction of the council in any securities authorized for invest-
ment of municipal sinking funds by applicable law."
Passed by the City Council of the City of Richfield this 14th day
of March, 1977.
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L ren L. Law ay
ATTEST:
'7
Thomas J. Moran City Clerk
SUN NEWSPAPEILS
AFFIDAVIT OF PUBLICATION
RICHFIELD sUN
6601 W. 78th St. Bloomington, Minnesota
State of Minnesota
SS.
County of Hennepin
J. R. RITCHAY, being duly sworn, on oath says he is and during all times here stated has
been the vice president and printer of the newspaper known as The Richfield Sun and
leas full knowledge of the facts herein stated as follows: (1) Said newspaper is printed in the
English language in newspaper format and in column and sheet form equivalent in printed
space to at least 900 square inches. (2) Said newspaper is a weekly and is distributed at least
once each week. (3) Said newspaper has 50% of its news columns devoted to news of local
interest to the community which it purports to serve and does not wholly duplicate any other
publication and is not made up entirely of patents, plate matter and advertisements. (4) Said
newspaper is circulated in and near the municipality which it purports to serve, has at least
500 copies regularly delivered to paying subscribers, has an average of at least 75% of its total
circulation currently paid or no more than three months in arrears and has entry as second-class
matter in its local post-office. (5) Said newspaper purports to serve the City of Richfield
in the County of Hennepin and it has its known office of issue in the City of Bloomington in
said county, established and open during its regular business hours for the gathering of news,
sale of advertisements and sale of subscriptions and maintained by the managing officer of said
newspaper or persons in its employ and subject to his direction and control during all such
regular business hours and devoted exclusively during such regular business hours and at
which said newspaper is printed. (6) Said newspaper files a copy of each issue immediately
with the State Historical Society. (7) Said newspaper is made available at single or subscription
prices to any person, corporation, partnership or other unincorporated association requesting
the newspaper and making the applicable payment. (8) Said newspaper has complied with all
foregoing conditions for at least one year preceding the day or dates of publication mentioned
below. (9) Said newspaper has filed with the Secretary of State of Minnesota prior to January
], 1966 and each January 1 thereafter an affidavit in the form prescribed by the Secretary of
State and signed by the managing officer of said newspaper and sworn to before a notary
public stating that the newspaper is a legal newspaper.
Bi11 19~~-6
He further states on oath that the printed
hereto attached as a part hereof was cut from the columns of said newspaper, and was printed
and published therein in the English language, once each week, for OYI.e successive weeks;
that it was first so published on Wed the 23 day of March ls~
and was thereafter printed and published on every to and including
the day of 19_ and that the following is a printed copy
of the lower case alphabet from A to Z, both inclusive, and is hereby acknowledged as being
the size and kind of type used in the composition and publication of said notice, to-wit:
abcdefg hijklmnopgrst uvwx yz
Subscribed and sworn to before me this 23 day of March 19~
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(Official Publication)
LEGAL NOTICE
Bi11 1977
AMENDMENT TO CHAPTER XII,
PART II, SECTION L2.18,
OF THE ORDINANCE COISE OF
THE C1fiYOF RICHFIELD
' Cf,~`Y OF RICHFIELD DOES OR-
DAI{N:
Chapter XII, Part II, Section 12.18,
of the Ordinance Code of the City of
.Richfield, relating to the permanent
improvement revolving fund, is
hereby amended in the following re-
spect:
Subdivisions 3 and 4 thereof aze
amended to read as follows:
"Subd 3. Disposition of FGnds.
. The monies in said fund shall be
used only as directed by resolu-
tion of the city, and [solely] for the
purposes of (1) advancing to local
improvement funds the cost of
improvements for which assess-
ments,aze to be levied(:] snd (2)
providing interim ftnancLog of
capital expenditures for projects
of the city's horsing and rede-
velopment authgrity. All such
monies so,furnished shall be re-
stored When and as sufficient
monies aze received in said im-
provement fund9, ~ permanent
projects finane)bgr hes 'been ab-
talred;-as the case may be, with
. , ~tereii.a rate'oE not:ieps.than
,• - , "mgt' When
P it. ` er there.shall
• Tuud not im-
r fate, e~ ,for ;(local
`~ e' set
~-
.`~r ~
dented ~of the
co'ugdil.' ip,~,iip~±r flea au-
th of munic-
ip
- ` •applicable
law."
Passed by the City Council of the
City of Rich5ekl, Minnesota this 14th
day of March, 1977.
LOREN LAW
Mayor
ATTEST:
THOMASMORAN
City Clerk
(March 23, 1977)-RN