RES 1959-101 - 00013136RESOLUTION NO. 101 - 1959
A RESOLUTION DETERMING THE NECESSITY OF AND PROVIDING
FOR A TAX LEVY IN EXCESS OF NORMAL CITY CHARTER TAX
LIMITS
BE IT RESOLVED, By the Council of the City of Fridley,
as follows:
Section 1. That the Council of the City of Fridley
heretofore received from the City Manager
a proposed budget of the City of Fridley for the year
1960, which proposed budget when examined evidenced the
necessity for and additional tax levy in excess of the
City charter limits and, accordingly, there was then adopted
on the 23rd day of July a resolution declaring the necessity
for an additional tax levy and specifying the purpose
for which such additional tax levy is required.
FURTHER,'upon the receipt of such proposed budget and the
adoption of the resolution dated the 23rd day of July,
the Council proceeded to hold a public hearing pursuant
to three (3) weeks published notice,in the official news-
paper of the City, setting forth the contents of the
resolution noted herein. That such public hearing was
held ai the`l7th day of August, and all persons interested
therein were afforded an opportunity to be heard and make
objections, if any there be, to the budget as then pro-
posed. That after such hearing and after full discussion
of the contents of the budget and all objections thereto
the Council further proceeded to correct and amend the
budget in such way as was deemed necessary by the Council
to be in the best interests of the City; and after such
corrections and Admendments the Council did pass and
adopt by Ordinance on the 24th day of September a budget
City of Fridley for the operation of its business during
the year 1960, a copy of which budget is attached hereto
for reference purposes as EXHIBIT "A ".
for the
SECTION 2. Further, upon the examination of such budget
originally proposed, corrected and amended
and adopted by the City of Fridley on the 24th day of
September, it reasonably appears, and the Council does
now so find that the tax levy necessary to provide moneis
for the operation of the business of the City of Fridley
during the year 1960 under saidbudget is and will be, when
computed in accordance with law, inexcess of the normal
City Charter limit of thirty (30) mills on each dollar of
the assessed valuation of the property taxable in the City
but that, nevertheless, it is reasonable and to the best
interest of the City in order to provide for the proper
operation of the business and functions of the City during
the year 1960, to exceed such normal City Charter tax levy
limit, and to levy taxes thereof sufficient to provide the
monies necessary to the operation of the business of the
City in accordance with said budget.
Section 3. That to provide money in accordance with the
needs and purposes of the budget of the City for
the year 1960 taxes shall be levied in accordance with law
J
RESOLUTION NO 101 - 1959 Continued
SUFFICIENT to provide monies in the following amounts
and for the following purposes, and no part or portion
of any monies provided for any purpose herein shall
be appropriated to and used for any other purpose,
except as might otherwise be authorized by law, either
under the general law of the State of Minnesota or the
City Charter of Fridley.
Taxes in the following amounts may and shall be levied
for the following purposes:
$ 1890892.00 for the General Fund,
An amount equal to one Mill for Firemen's Relief,
$ 31343.00 for Debt Service,
$ 6,515.00 for Contribution to Public Employees
$ Retirement Fund
ADOPTED AND PASSED BY THE COUNCIL OF THE CITY OF FRIDLEY
ON THE 8TH DAY OF OCTOBER, 1959.
L r251 j
ATTEST:
CITYCLERK - Marvin C. Brunsell
,'Jr.