HomeMy WebLinkAbout1969-293 CCR Member Theodore Willard introduced the following resolution
and moved its adoption:
RESOLUTION NO. 69-293
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 $900.00 be levied in the year 1969 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 $900. 00 in the year 1969:
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 $900.00 for the year 1969 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 per cent 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 requested to
cancel the said levy of $900.00 for the year 1969 previously 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 Co my uditor forthwith.
September 29, 1969
Date /J Mayor
ATTEST
v
C erk
The motion for the adoption of the foregoing resolution was duly seconded by
member John Leary and upon vote being taken thereon, the following
voted in favor thereof: Philip Cohen, John Leary, Earl Rydberg and
Theodore Willard;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.