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HomeMy WebLinkAbout1968-236 CCR1 ATTEST: Member Theodore Willard and moved it adoption: RESOLUTION TO CANCEL LEVY PREVIOUSLY CERTIFIED TO THE COUNTY AUDITOR WHEREAS, at a Special Meeting of the Village (then) Council of the Village (then) of Brooklyn Center held on June 17, 1958, a resolution was duly adopted providing in part that the sum of $7,000.00 be levied in the year 1968 for payment of principal and interest on bonds issued to finance Water Improvement 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 sufficient money to pay any and all principal and interest on said bonds issued to finance construction of Water Improvement No. 1957 -28, and at least five percent in excess thereof, without the levy of said $7,000.00 in the year 1968: II 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 $7,000.00 for the year 1968 in connection with the financing of Water Improvement 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 percent in excess thereof, on said bonds issued to finance said Water Improvement 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 $7,000.00 for the year 1968 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 forthwith. October 7, 1968 Date erk introduced the following resolution RESOLUTION NO. 68 -236 II RESOLUTION NO.68 -236 Continued 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, Howard Heck and Theodore Willard; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.