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HomeMy WebLinkAbout1969-294 CCR Member Earl Rydberg introduced the following resolution and moved its adoption: RESOLUTION NO. 69 -294 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 $6, 700. 00 be levied in the year 1969 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 Improvements Fund 1958 -B sufficientrrnney to pay any and all principal and interest on said 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 $6, 700. 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 $6,700. 00 for the year 1969 in connection with the financing of Water Improvement Project No. 1957 -28 is unnecessary and may be cancelled, therebeing 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 $6, 700.00 for the year 1969 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 _C i r rt th. September 29, 1969 .00 Date Mayor ATTEST: C rk The motion for the adoption of the foregoing resolution was duly seconded by member Theodore Willard 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.