HomeMy WebLinkAbout1977-180 CCR I
Member Maurice Britts introduced the following resolution and moved its
adoption:
RESOLUTION NO. 77 -180
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 $5,500 be levied in the year 1977 for payment of principal 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 per cent in excess
thereof, without the levy of said $5,500 in the year 1977:
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 $5,500
for the year 1977 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 per cent 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 $5,500 for the year 1977 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.
October 3 1977
y�oDate Mar
ATTEST•,/Gl
Clerk