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HomeMy WebLinkAbout1973-164 CCR Member Bill Fignar introduced the following resolution and moved its adoption: RESOLUTION N0.73 -164 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 1973 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 1973: 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 1973 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 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 1973 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 said Hennepin County Auditor forthwith. RESOLUTION NO. 73 -164 October 1 1973 Date Mayor ATTEST: '%clerk The motion for the adoption of the foregoing resolution was duly seconded by member Tony Kuefler and upon vote being taken thereon, the folldwing voted in favor thereof: Philip Cohen, Maurice Britts Bill Fignar, and Tony Kuefler; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.