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HomeMy WebLinkAbout1974-174 CCR Member Maurice Britts introduced the following resolution and moved its adoption; RESOLUTION NO. 74 -174 RESOLUTION TO CANCEL LEVY PREVIOUSLY CERTIFIED TO THE COUNTY AUDITOR WHEREAS, at a Special Meeting of the (then) Village Council of the (then) Village of Brooklyn Center held on June 17, 1958, a resolution was duly adopted providing in part that the sum of $5,600 be levied in the year 1974 for payment of principal and interest on bonds issued to finance Water Improvement Project No. 1957 -28; 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 1958 -B sufficient money o y a an and all principal and in pay interest on said Y P bonds issued to finance construction of Water Improvement Project No. 1957 -28, and at least five per cent in excess thereof, without the levy of said $5,600 in the year 1974: 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 $5,600 for the year 1974 in connection with the financing of Water Improvement Project No. 1957 -28 is unnecessary and may be cancelled, there being sufficient money on hand in Improvement Fund 1958 -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 Project No. 1957 -28, without collection of said direct ad valorem tax. 2. The Auditor of Hennepin County, Minnesota is hereby requested to cancel the said levy of $5,600 for the year 1974 previously certified pursuant to the provisions of Section 475.61 Minnesota Statutes, 1 957. 3. The City Clerk is hereby authorized and directed to transmit a certified copy of this resolution to said Hennepin County Auditor forthwith. RESOLUTION NO, 74 -174 October 7, 1974 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: none, whereupon said resolution was declared duly passed and adopted.