HomeMy WebLinkAbout1981-201 CCR Member Bill Fignar introduced the following resolution and
moved its adoption:
RESOLUTION NO. 81 -201
RESOLUTION TO CANCEL LEVY PREVIOUSLY CERTIFIED TO THE COUNTY
AUDITOR
WHEREAS, at a Special Meeting of the City Council of the City of
Brooklyn Center held on March 4, 1968, a resolution was duly adopted providing
in part that the sum of $7,600 be levied in the year 1981 for payment of prin-
cipal and interest on bonds issued to finance various improvement projects; and
WHEREAS, said resolution was thereafter duly certified to the Auditor
of and for Hennepin County, Minnesota; and
WHEREAS, there is presently on hand in the 1968 Improvement Fund
sufficient money to pay any and all principal and interest on said bonds issued
to finance construction of said improvements, and at least five percent in
excess thereof, without the levy of said $7,600 in the year 1981.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center, Minnesota as follows:
1. It is hereby determined that the levy of a direct ad valorem tax
on all taxable property in the City previously made and certified
in the amount of $7,600 for the year 1981 in connection with the
financing of various improvement projects is unnecessary and may
be cancelled, there being sufficient money on hand in the 1968
Improvement Fund at the present time to pay any and all principal
and interest, and at least five percent in excess thereof, on
said bonds issued to finance said improvements, without collection
of said direct ad valorem tax.
2. The Auditor of Hennepin County, Minnesota is hereby requested to
cancel the said levy of $7,600 for the year 1981 previously
certified pursuant to the provision of Section 475.61; Minnesota
Statutes, 1957.
3. The City Clerk is hereby authorized and directed to transmit a
certified copy of this resolution to said Hennepin County
Auditor forthwith.
September 28, 1981
Date May
ATTEST: 1_
Clerk
The motion for the adoption of the foregoing resolution was duly seconded by
member Gene Lhotka and upon vote being taken thereon, the following
voted in favor thereof: Dean Nyquist, Bill Fignar, and Gene Lhotka;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.