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HomeMy WebLinkAbout1967-301 CCR Member Howard Heck introduced the following resolution and moved its adoption: RESOLUTION NO. -3 01 RESOLUTION TO CANCEL LEVY PREVIOUSLY CERTIFIED TO THE COUNTY AUDITOR WHEREAS, at a regular session of the Village Council of the 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 1967 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 percent in excess thereof, without the levy of said $21,300.00 in the year 1967: 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 1967 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 percent 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 1967 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 4, 1967 Date Lj 4yor ATTEST: Clerk RESOLUTION NO. 301 Continued The motion for the adoption of the foregoing resolution was duly seconded by member Gordon Erickson and upon vote being taken thereon, the following voted in favor thereof: Philip Cohen, john Leary, Gordon Erickson and Howard Heck and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.