CITY OF MENOMINEE, MICHIGAN

REGULAR COUNCIL PROCEEDINGS

APRIL 16, 2007

 

 

 

A regular meeting of the Menominee City Council, City of Menominee, County of Menominee, State of Michigan, was held Monday, April 16, 2007 at 5 p.m. in the Municipal Complex Council Chambers.

 

The Honorable George W. Krah called the meeting to order and led the pledge of allegiance to the flag.

 

PRESENT:       Council Members Fernstrum, Hudon, Jasper, Mick, Organ, Pintarelli, Schloegel, and Sorensen; Mayor Krah

ABSENT:         None

 

PRESENT:  9                ABSENT:  0

 

A motion was made by Council Member Jasper and seconded by Council Member Sorensen to approve the agenda for the meeting dated April 16, 2007.  This motion was carried unanimously.

 

There being no additions or corrections to the minutes of the regular meeting of March 26, 2007, the minutes stood approved as presented.

 

 

PUBLIC COMMENT:

 

Mayor Krah opened the public comment session called for the purpose of hearing citizen comments on agenda items only.

 

Walter Multerer, 1012-38th Avenue, spoke on the proposed yacht club lease and the amount of the rent.  He thinks a roll call vote should be taken.

 

A motion was made by Council Member Jasper and seconded by Council Member Schloegel to close the public comment session.  This motion was carried unanimously.

 

 

COMMUNICATIONS:

 

The Menominee Area Arts Council gave a presentation on the business “Living Art” contest they plan to sponsor this summer.  They encourage businesses to participate by placing flower boxes/containers in front of their business beginning by June 15th and ending with judging of the displays on July 28th.

 

 

REPORTS OF OFFICERS:

 

Mayor Krah submitted for confirmation the appointment of Mitch Hubert to the Harbor and Industrial Commission, with his term to expire on December 21, 2011. 

 

A motion was made by Council Member Jasper and seconded by Council Member Sorensen to confirm the foregoing appointment.  This motion was carried unanimously.


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April 16, 2007

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Mayor Krah also submitted for confirmation the appointment of Rick Estebo to the Harbor and Industrial Commission, with his term to expire on December 21, 2009. 

 

A motion was made by Council Member Sorensen and seconded by Council Member Hudon to confirm the foregoing appointment.  This motion was carried unanimously.

 

 

Mayor Krah submitted for confirmation the appointment of Marlene Wipfli to the Library Board of Trustees, replacing Robert Christensen who passed away, with her term to expire on May 1, 2008. 

 

A motion was made by Council Member Sorensen and seconded by Council Member Mick to confirm the foregoing appointment.  This motion was carried unanimously.

 

 

COMMITTEE REPORT:

 

The Finance Committee reported that they reviewed the claims for March 2007 and they recommended that checks be drawn on the treasurer in payment of the bills as follows:

 

            General Fund in the amount of $220,147.56

            River Park Fund in the amount of $5,709.22

 

S/FINANCE COMMITTEE

 

A motion was made by Council Member Organ and seconded by Council Member Sorensen to adopt the foregoing report.  This motion was carried unanimously.

 

 

COMMITTEE REPORT:

 

The Finance Committee reported that they had reviewed the need to transfer funds from two, designated, surplus accounts in the General Fund and they recommended transferring the following amounts:

 

$2,073.12 from the Parks-Boat Launches surplus account to 101-756-776.001, and

$3,226.05 from the Henes Park Project surplus account to 101-758-967.

 

S/FINANCE COMMITTEE

 

A motion was made by Council Member Organ and seconded by Council Member Sorensen to adopt the foregoing report.  This motion was carried unanimously.

 

 

COMMITTEE REPORT:

 

The Finance Committee reported that they had reviewed the “Resolution Authorizing 2007 Capital Improvement Bonds (Limited Tax General Obligation)” and they recommended that the resolution be adopted.

 

S/FINANCE COMMITTEE


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April 16, 2007

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A motion was made by Council Member Organ and seconded by Council Member Sorensen to adopt the foregoing report.  This motion was carried unanimously.

 

 

COMMITTEE REPORT:

 

The Judicial and Legislative/Personnel and Labor Committee reported that they had reviewed the request from Susan Vieth to purchase service credit from the Municipal Employees Retirement System (MERS) at her expense directly from funds to be transferred from her Section 457 account to MERS and they recommended that the request be approved. 

 

S/JUDICIAL AND LEGISLATIVE/PERSONNEL AND LABOR COMMITTEE

 

A motion was made by Council Member Sorensen and seconded by Council Member Organ to adopt the foregoing report.  This motion was carried unanimously.

 

 

COMMITTEE REPORT:

 

The Judicial and Legislative/Personnel and Labor Committee reported that they had reviewed the lease agreement between the City and the M&M Yacht Club that has expired and they recommended extending the current agreement to be effective from January 1, 2007 through December 31, 2009, that the M&M Yacht Club pay $450 per month rent, property taxes, and that bids be solicited for any improvements in excess of $5,000 in cost, with the bids being reviewed by the Parks and Recreation/Buildings and Grounds Committee. 

 

S/JUDICIAL AND LEGISLATIVE/PERSONNEL AND LABOR COMMITTEE

 

A motion was made by Council Member Mick and seconded by Council Member Sorensen to adopt the foregoing report;

 

AYES:  Krah, Mick, Schloegel, and Sorensen

NAYS: Hudon, Jasper, Organ, Pintarelli, and Fernstrum

 

The foregoing motion failed to carry.

 

A motion was made by Council Member Organ and seconded by Council Member Hudon to refer this back to the City Attorney.

 

AYES:  Jasper, Krah, Organ, Pintarelli, Schloegel, Sorensen, Fernstrum, and Hudon

NAYS: Mick

 

The foregoing motion was carried.

 


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April 16, 2007

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COMMITTEE REPORT:

 

The Judicial and Legislative/Personnel and Labor Committee reported that they had reviewed the encroachment of private property at 1502 First Street in a municipal right-of-way and the license to use as drafted by the City Attorney and they recommended that the document be approved. 

 

S/JUDICIAL AND LEGISLATIVE/PERSONNEL AND LABOR COMMITTEE

 

A motion was made by Council Member Sorensen and seconded by Council Member Organ to adopt the foregoing report.

 

AYES:  Jasper, Krah, Mick, Organ. Pintarelli, Schloegel, Sorensen, Fernstrum, and Hudon

NAYS: None

 

This motion was carried unanimously.

 

 

COMMITTEE REPORT:

 

The Public Safety/Public Works Committee reported that they had reviewed the need to update the streets in the Local Street System and they recommended that the following resolution be adopted:

 

RESOLUTION FOR STREET ADDITION

20th Street

 

At a regular meeting of the City Council of Menominee, Michigan, held in the Municipal Complex Council Chambers on April 16, 2007, the following resolution was offered by Council Member Fernstrum and supported by Council Member Jasper:

 

WHEREAS, the City of Menominee did prior to December 31, 2005 acquire title to 20th Street, between 27th Avenue and 30th Avenue; and

 

WHEREAS, it is necessary to furnish certain information to the State of Michigan to place this street within the City Street System for the purpose of obtaining funds under Act 51, P.A. 1951, as amended;

 

NOW, THEREFORE, IT IS RESOLVED:

 

1.                   That the center line of said street is described as: Commencing at the west ¼ corner of section 34, T32N-R27W, Thence S89 deg 43’ 25”E 1965.81 ft, Thence 04 deg 11’ 38”E 369.61 ft, thence S89 deg 05’ 36”E 30.05 ft to point of beginning at the center line, centerline of 27th Avenue and 20th Street.  Thence N04 deg 10’ 30”E 142.87 ft, thence N03 deg 28’ 50”E 583.54 ft, thence N04 deg 03’ 11”E 211.01 to point of ending at center line, center line of 30th Avenue and 20th Street.

2.                   That said street is located within a City right-of-way and is under the control of the City of Menominee.


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3.                   That said street is a public street and is for public street purposes.

4.                   That said street is accepted into the City Local Street System.

 

S/PUBLIC SAFETY/PUBLIC WORKS COMMITTEE

 

A motion was made by Council Member Fernstrum and seconded by Council Member Jasper to adopt the foregoing report.  This motion was carried unanimously.

 

 

COMMITTEE REPORT:

 

The Public Safety/Public Works Committee reported that they had reviewed the need to update the streets in the Local Street System and they recommended that the following resolution be adopted:

 

RESOLUTION FOR DECERTIFICATION

 

At a regular meeting of the City Council of Menominee, Michigan, held in the Municipal Complex Council Chambers on April 16, 2007, the following resolution was offered by Council Member Fernstrum and supported by Council Member Hudon:

 

WHEREAS, the City of Menominee does wish to decertify a portion of Third Street.  This decertification of Third Street is located South of 48th Avenue for a total decertification of 165 feet; and

 

WHEREAS, the City of Menominee does wish to decertify a portion of Fifth Avenue.  This decertification of Fifth Avenue is located between Seventh Street and Eighth Street for a total decertification of 450 feet; and

 

WHEREAS, the City of Menominee does wish to decertify a portion of Eighth Street.  This decertification of Eighth Street is located between Fifth Avenue and Sixth Avenue for a total decertification of 150 feet; and

 

WHEREAS, the City of Menominee does wish to decertify a portion of Tenth Avenue.  This decertification of Tenth Avenue is located West of 26th Street for a total decertification of 185 feet; and

 

WHEREAS, the City of Menominee does wish to decertify a portion of 12th Avenue.  This decertification of 12th Avenue is located between 25th Street and 26th Street for a total decertification of 375 feet; and

 

WHEREAS, the City of Menominee does wish to decertify a portion of 13th Avenue.  This decertification of 13th Avenue is located West of West Drive for a total decertification of 315 feet; and

 

WHEREAS, the City of Menominee does wish to decertify a portion of Harbor Drive.  This decertification of Harbor Drive is located between First Street and the Bay of Green Bay for a total decertification of 1,115 feet; and

 

WHEREAS, the City of Menominee does wish to decertify a portion of 26th Avenue.  This decertification of 26th Avenue is located between 18th Street and 19th Street for a total decertification of 198 feet.

 

S/PUBLIC SAFETY/PUBLIC WORKS COMMITTEE


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April 16, 2007

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A motion was made by Council Member Fernstrum and seconded by Council Member Hudon to adopt the foregoing report.  This motion was carried unanimously.

 

 

COMMITTEE REPORT:

 

The Public Safety/Public Works Committee reported that they had reviewed the consultant engineering proposals received for the MSHDA funded downtown infrastructure project and they recommended accepting the low proposal in the amount of $23,600.00 submitted by Mead and Hunt, Inc., subject to scheduling of the project at a later date.

 

S/PUBLIC SAFETY/PUBLIC WORKS COMMITTEE

 

A motion was made by Council Member Organ and seconded by Council Member Hudon to adopt the foregoing report.  This motion was carried unanimously.

 

 

COMMITTEE REPORT:

 

The Public Safety/Public Works Committee reported that they had reviewed the cost agreement with the State of Michigan Department of Transportation for traffic control:  traffic signal changes due to the new signals in the City of Menominee, in Menominee County, US-41 at 13th Street, 10th Street and 14th Avenue and they recommended that the following resolution be adopted:

 

RESOLUTION

 

RESOLVED, that the City of Menominee, Michigan does hereby accept the terms of Work Authorization No. 09757, MDOT Plan No. 55011-01-001, 55011-01-002, and 55011-01-003 traffic signal changes due to the new signals in the City of Menominee, in Menominee County, US-41 at 13th Street, 10th Street and 14th Avenue as received by the Michigan Department of Transportation and that the City of Menominee does hereby specifically agree, but not by way of limitation, as follows:

 

1.                   To construct the project and provide such funds, services, and materials as may be necessary to satisfy the terms of said agreement.

2.                   To authorize Eric A. Strahl, City Manager, and George W. Krah, Mayor, to sign the agreement.

3.                   To authorize Eric A. Strahl, City Manager to be the local Authorized Representative to sign documents in behalf of the City of Menominee, Michigan.

4.                   To comply with any and all terms of said agreement including all terms not specifically set forth in the foregoing portions of this Resolution.

 

S/PUBLIC SAFETY/PUBLIC WORKS COMMITTEE

 

A motion was made by Council Member Organ and seconded by Council Member Sorensen to adopt the foregoing report.  This motion was carried unanimously.


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April 16, 2007

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COMMITTEE REPORT:

 

The Public Safety/Public Works Committee reported that they had reviewed the repairs that need to be made to the gasoline pump at the Department of Public Works garage and they recommended accepting the quotation from the Oil Equipment Company in the amount of $11,019.00 to replace the pump and to waive the bid process due to the brand name of the product being purchased and the resulting limitation on its availability through bidders. 

 

S/PUBLIC SAFETY/PUBLIC WORKS COMMITTEE

 

A motion was made by Council Member Organ and seconded by Council Member Hudon to adopt the foregoing report.  This motion was carried unanimously.

 

 

COMMITTEE REPORT:

 

The Public Safety/Public Works Committee reported that they had reviewed the repairs that have been made and need to be made to Fire Engines No. 1and 3 and they recommended that $12,500.00 be added to Account No. 101-336-778 to cover the costs.

 

S/PUBLIC SAFETY/PUBLIC WORKS COMMITTEE

 

A motion was made by Council Member Fernstrum and seconded by Council Member Jasper to adopt the foregoing report.  This motion was carried unanimously.

 

 

MOTIONS AND RESOLUTIONS:

 

The following resolution was presented next:

 

RESOLUTION AUTHORIZING

2007 CAPITAL IMPROVEMENT BONDS

(LIMITED TAX GENERAL OBLIGATION)

____________________________________

 

City of Menominee

County of Menominee, State of Michigan

____________________________________

 

Minutes of a regular meeting of the City Council of the City of Menominee, County of Menominee, State of Michigan (the “City”), held on April 16, 2007, at 5:00 o’clock p.m., Central Daylight Time.

 

PRESENT:       Members ____________________________________________________

 

ABSENT:         Members ___________________________________________________


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The following preamble and resolution were offered by Member Fernstrum and supported by Member Mick:

 

WHEREAS, the City does hereby determine that it is necessary to acquire certain capital improvement items consisting of sanitary sewer system improvements, water supply system improvements, and street improvements together with necessary related appurtenances and attachments relating thereto (the “Projects”); and

 

WHEREAS, the cost of the Projects is estimated to be not more than Three Million Dollars ($3,000,000); and

 

WHEREAS, to finance the cost of the Projects, the City Council deems it necessary to borrow the principal sum of not to exceed Three Million Dollars ($3,000,000) and issue capital improvement bonds pursuant to Act 34, Public Acts of Michigan, 2001, as amended (“Act 34”), to pay all or part of the cost of the Projects; and

 

WHEREAS, a Notice of Intent was published in accordance with Act 34 which provides that the capital improvement bonds may be issued without a vote of the electors of the City unless a proper petition for an election on the question of the issuance of the bonds is filed with the City Clerk within a period of forty-five (45) days from the date of publication (the "referendum period"); and

 

WHEREAS, the City intends, as provided in Act 34, to issue bonds at a negotiated sale; and

 

WHEREAS, the City wishes to reserve the right to sell the bonds at a competitive sale dependent on factors present in the marketplace prior to the sale of the bonds.

 

NOW, THEREFORE, BE IT RESOLVED THAT:

 

1.         Authorization of Bonds; Bond Terms.  Subject to the expiration of the referendum period, Bonds of the City designated 2007 CAPITAL IMPROVEMENT BONDS (LIMITED TAX GENERAL OBLIGATION) (the “Bonds”) are authorized to be issued in the aggregate principal sum of not to exceed Three Million Dollars ($3,000,000) for the purpose of paying all or part of the cost of the Projects, including the costs incidental to the issuance, sale and delivery of the Bonds.  The issue shall consist of bonds in fully-registered form of the denomination of $5,000, or multiples thereof not exceeding for each maturity the maximum principal amount of that maturity, numbered consecutively in order of registration, dated as the date the Bonds are delivered.  The Bonds shall bear interest, mature, and be payable and subject to redemption prior to maturity at the times and in the manner determined at the time of sale thereof.

 

Interest shall be payable to the registered owner of record as of the 15th day of the month prior to the payment date for each interest payment.  The record date of determination of registered owner for purposes of payment of interest as provided in this paragraph may be changed by the City to conform to market practice in the future.  Interest shall be payable to the registered owner of record as of the 15th day of the month preceding the payment date for each interest payment.  The principal of the Bonds shall be payable upon presentation and surrender to the Transfer Agent (as defined below).


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Unless waived by any registered owner of Bonds to be redeemed, official notice of redemption shall be given by the Transfer Agent on behalf of the City.  Such notice shall be dated and shall contain at a minimum the following information:  original issue date; maturity dates; interest rates; CUSIP numbers, if any; certificate numbers (and in the case of partial redemption) the called amounts of each certificate; the place where the Bonds called for redemption are to be surrendered for payment; and that interest on the Bonds or portions thereof called for redemption shall cease to accrue from and after the redemption date.

In addition, further notice shall be given by the Transfer Agent in such manner as may be required or suggested by regulations or market practice at the applicable time, but no defect in such further notice nor any failure to give all or any portion of such further notice shall in any manner defeat the effectiveness of a call for redemption if notice thereof is given as prescribed herein.

 

The Bonds may be issued in book-entry only form through The Depository Trust Company in New York, New York (“DTC”) and the City Manager and the City Clerk/Treasurer are each authorized to execute such custodial or other agreement with DTC as may be necessary to accomplish the issuance of the Bonds in book-entry only form and to make such changes in the Bond Form within the parameters of this resolution as may be required to accomplish the foregoing.

 

The City Manager and City Clerk/Treasurer are each authorized and directed to seek proposals from and select a bank or trust company located in the State of Michigan and qualified to act as bond registrar, paying agent and transfer agent (the “Transfer Agent”) for this issue.  The City reserves the right to replace the Transfer Agent at any time upon written notice to the registered owners of record of the Bonds not less than sixty (60) days prior to an interest payment date.

 

2.         Execution of Bonds.  The Bonds of this issue shall be executed in the name of the City with the facsimile signatures of the Mayor and the City Clerk/Treasurer shall have the seal of the City, or a facsimile thereof, printed or impressed on the Bonds.  No Bond shall be valid until authenticated by an authorized officer or representative of the Transfer Agent.  The Bonds shall be delivered to the Transfer Agent for authentication and be delivered by the Transfer Agent to the purchaser or other person in accordance with instructions from the Treasurer of the City upon payment of the purchase price for the Bonds in accordance with the bid therefor when accepted.

 

3.         Transfer of Bonds.  The Transfer Agent shall keep the books of registration for this issue on behalf of the City.  Any Bond may be transferred upon such registration books by the registered owner of record, in person or by the registered owner’s duly authorized attorney, upon surrender of the Bond for cancellation, accompanied by delivery of a duly executed written instrument of transfer in a form approved by the Transfer Agent.  Whenever any Bond or Bonds shall be surrendered for transfer, the City shall execute and the Transfer Agent shall authenticate and deliver a new Bond or Bonds, for like aggregate principal amount.  The Transfer Agent shall require the payment by the bondholder requesting the transfer of any tax or other governmental charge required to be paid with respect to the transfer.

 

4.         Limited Tax Pledge; Debt Retirement Fund; Defeasance of Bonds.  The City hereby pledges its limited tax full faith and credit for the prompt payment of the Bonds.  The City shall each year budget the amount of the debt service coming due in the next fiscal year on the principal of and interest on the Bonds and shall advance as a first budget obligation from its general funds available therefor, or, if necessary, levy taxes upon all taxable property in the City subject to applicable constitutional, statutory and charter tax rate limitations, such sums as may be necessary to pay such debt service in said fiscal year.


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The City Clerk/Treasurer is authorized and directed to open a depositary account with a bank or trust company designated by the City Council, to be designated 2007 CAPITAL IMPROVEMENT BONDS DEBT RETIREMENT FUND (the “Debt Retirement Fund”), the moneys to be deposited into the Debt Retirement Fund to be specifically earmarked and used solely for the purpose of paying principal of and interest on the Bonds as they mature.

 

In the event cash or direct obligations of the United States or obligations the principal of and interest on which are guaranteed by the United States, or a combination thereof, the principal of and interest on which, without reinvestment, come due at times and in amounts sufficient to pay at maturity or irrevocable call for earlier optional redemption, the principal of, and interest on the Bonds, shall be deposited in trust, this resolution shall be defeased and the owners of the Bonds shall have no further rights under this resolution except to receive payment of the principal of, premium, if any, and interest on the Bonds from the cash or securities deposited in trust and the interest and gains thereon and to transfer and exchange Bonds as provided herein.

 

5.         Construction Fund; Proceeds of Bond Sale.  The Treasurer is authorized and directed to open a separate depositary account with a bank or trust company designated by the City Council, to be designated 2007 CAPITAL IMPROVEMENT BONDS CONSTRUCTION FUND (the “Construction Fund”) and deposit into said Construction Fund the proceeds of the Bonds less accrued interest and premium, it any, which shall be deposited into the Debt Retirement Fund.  The moneys in the Construction Fund shall be used solely to pay the costs of the Projects and the costs of issuance of the Bonds.

 

6.         Bond Form.  The Bonds shall be in substantially the following form:

 

UNITED STATES OF AMERICA

STATE OF MICHIGAN

COUNTY OF MENOMINEE

CITY OF MENOMINEE

2007 CAPITAL IMPROVEMENT BOND

(LIMITED TAX GENERAL OBLIGATION)

 

Interest                         Maturity                                    Date of

Rate                             Date                                         Original Issue                CUSIP

_________ 1, ____                  ________, 2007

Registered Owner:

Principal Amount:                                                                                                                       Dollars

 

The City of Menominee, County of Menominee, State of Michigan (the “City”), acknowledges itself to owe and for value received hereby promises to pay to the Registered Owner specified above, or registered assigns, the Principal Amount specified above, in lawful money of the United States of America, on the Maturity Date specified above, unless prepaid prior thereto as hereinafter provided, with


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interest thereon from the Date of Original Issue specified above or such later date to which interest has been paid, until paid, at the Interest Rate per annum specified above, first payable on ________, 200_ and semiannually thereafter.  Principal of this bond is payable at the designated office of ____________________, Michigan, or such other transfer agent as the City may hereafter designate by notice mailed to the registered owner not less than sixty (60) days prior to any interest payment date (the “Transfer Agent”).  Interest on this bond is payable to the registered owner of record as of the fifteenth (15th) day of the month preceding the interest payment date as shown on the registration books of the City kept by the Transfer Agent by check or draft mailed to the registered owner of record at the registered address.  For prompt payment of this bond, both principal and interest, the full faith, credit and resources of the City are hereby irrevocably pledged.

This bond is one of a series of bonds aggregating the principal sum of $______________, issued for the purpose of paying all or part of the cost of certain capital improvements for the City.  This bond is issued under the provisions of Act 34, Public Acts of Michigan, 2001, as amended, and a duly adopted resolution of the City.

Bonds of this issue maturing in the years ________ through __________, inclusive shall not be subject to redemption prior to maturity.  Bonds maturing in the years ________ and thereafter shall be subject to redemption on any date at par and accrued interest on or after ______ 1, 20__.

[ADD TERM BOND LANGUAGE IF APPLICABLE]

In case less than the full amount of an outstanding bond is called for redemption, the paying agent, upon presentation of the bond called for redemption, shall register, authenticate and deliver to the registered owner of record a new bond in the principal amount of the portion of the original bond not called for redemption.

Notice of redemption shall be given to the registered owners of bonds or portions thereof called for redemption by mailing of such notice not less than thirty (30) days prior to the date fixed for redemption to the registered address of the registered owner of record.  Bonds so called for redemption shall not bear interest after the date fixed for redemption, whether presented for redemption or not, provided funds are on hand with the paying agent to redeem said bonds.

This bond is transferable only upon the registration books of the City kept by the Transfer Agent by the registered owner of record in person, or by the registered owner’s attorney duly authorized in writing, upon the surrender of this bond together with a written instrument of transfer satisfactory to the Transfer Agent duly executed by the registered owner or the registered owner’s attorney duly authorized in writing, and thereupon a new registered bond or bonds in the same aggregate principal amount and of the same maturity shall be issued to the transferee in exchange therefor as provided in the resolution authorizing this bond and upon the payment of the charges, if any, therein prescribed.

This bond, including the interest thereon, is payable as a first budget obligation from the general funds of the City, and the City is required, if necessary, to levy ad valorem taxes on all taxable property in the City for the payment thereof, subject to applicable constitutional, statutory and charter tax rate limitations.

It is hereby certified and recited that all acts, conditions and things required by law to be done, precedent to and in the issuance of this bond and the series of bonds of which this is one, exist and have


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been done and performed in regular and due form and time as required by law, and that the total indebtedness of the City, including this bond, does not exceed any constitutional, statutory or charter debt limitation.

This bond is not valid or obligatory for any purpose until the Transfer Agent’s Certificate of Authentication on this bond has been executed by the Transfer Agent.

IN WITNESS WHEREOF, the City, by its City Council, has caused this bond to be signed in the name of the City by the facsimile signatures of its Mayor and Clerk and a facsimile of its corporate seal to be printed hereon, all as of the Date of Original Issue.

CITY OF MENOMINEE

County of Menominee

State of Michigan

 

B