HomeMy WebLinkAbout1969-295 CCR and m M ed m bts adoption n Leary introduced the following resolution
RESOLUTION NO. 69 -295
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 1969
for payment of principal and interest on bonds issued to finance Water Improve-
ment 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 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 $21,300. 00
for the year 1969 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 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 County Auditor with
September 29, 1969
Date Mayor
ATTEST:
Clerk
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.
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