HomeMy WebLinkAbout1972-182 CCRMember John Leary introduced the following resolution
and moved its adoption:
RESOLUTION NO. 72 -182
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 $600.00 be levied in the year 1972
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 $600.00 in the year 1972:
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 $600.00 for the year 1972 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 re-
quested to cancel the said levy of $600.00 for the year 1972 pre-
viously 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.
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RESOLUTION NO. 72 -182
October 4, 1972
f
ATTEST: C-
lerk
The motion for the adoption of the foregoing resolution was duly seconded
by member Howard Heck, and upon vote being taken thereon, the following
voted in favor thereof: Philip Cohen, John Leary, Vernon Ausen,
Howard Heck and Maurice Britts;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.