Loading...
HomeMy WebLinkAbout1970-187 CCR Member Theodore Willard introduced the following resolution and moved its adoption: RESOLUTION NO. 70 -187 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, 300.00 be levied in the year 1970 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 $21,300.00 in the year 1970: 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 $21,300.00 for the year 1970 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 $21,300.00 for the year 1970 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 fo thwith. October 5. 1970 Date ATTEST: Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Vernon Ausen, and upon vote being taken thereon, the following voted in favor thereof: Philip Cohen, john Leary, Vernon Ausen, Howard Heck and Theodore Willard; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.