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HomeMy WebLinkAbout1975-198 CCR Member Maurice Britts introduced the following resolution and moved its adoption: RESOLUTION NO. 75 -198 RESOLUTION TO CANCEL LEVY PREVIOUSLY CERTIFIED TO THE COUNTY AUDITOR WHEREAS, at a regular session of the (then) Village Council of the (then) Village of Brooklyn Center held on March 8, 1960, a resolution was duly adopted providing in part that the sum of $21,300 be levied in the year 1975 for payment of principal and interest on bonds issued to finance Water Improvement No. 1960 -1; 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 Improvement Fund 1959 -A and B sufficient money to pay any and all principal and interest on said bonds issued to finance construction of Water Improvement No. 1960-1, and at least five per cent in excess thereof, without the levy of said $21,300 in the year 1975: 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 $21,300 for the year 1975 in connection with the financing of Water Improvement No. 1960 -1 is unnecessary and may be cancelled, there being sufficient money on hand in Improvement Fund 1959 -A and B 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 Water Improvement No. 1960-1, without collection of said ad valorem tax. 2. The Auditor of Hennepin County, Minnesota is hereby requested to cancel the said levy of $21,300 for the year 1975 previously certified pursuant to the provisions 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 pin Co my Auditor forthwith. October 6, 1 975 Date Mayor ATTEST: Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Bill Fignar and upon vote being taken thereon, the following voted in favor thereof: Philip Cohen, Maurice Britts, Tony Kuefler, Bill Fignar and Robert Jensen; and the following voted against the same: whereupon said resolution was declared duly passed and adopted.