RES 1966-144 - 00011182197 .
RESOLUTION NO. 144 - 1966
A RESOLUTION DETERMINING 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 of 1967 which proposed budget when examined
evidenced the necessity of an additional tax levy in excess of
the City Charter limits and, accordingly, there was then adopted
on the 1st day of August, 1966, a resolution declaring the nec-
essity for an additional tax levy and specifying the purpose for
which such additional tax levy is required.
FURTHER, the Council proceeded to hold public hearing pur-
suant to three (3) weeks published notice in the official newspaper
of the City. That such public hearing was held on the 12th day of
September, 1966, and all persons interested therein were afforded
an opportunity to be heard and make objections, if any there be,
to the budget as then proposed. 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
amendments the Council did pass and adopt by Ordinance on the 19th
day of september, a budget for the City of Fridley for the operation
of its business during the year 1967, a copy of which budget is
attached hereto for ref- rence purposes as E)GIIBIT "A ",
SECTION 2: Further, upon the examination of such budget originally
proposed, corrected, and amended and adopted by the City of Fridley
on the 19th day of September, 1966, it reasonably appears, and the
Council does now find that the tax levy necessary to provide monies
for the operation of the business of the City of Fridley during the
' year of 1967 under said budget, is and will be, when computed in
accordance with law, in excess of the normal City Charter limit of
thirty (30) mills on each dollar of the assessed valuation of the
property 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
of 1967, to exceed such normal City Charter tax 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 of 1967 taxes shall
be levied in accordance with law 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 purposes, except as might
otherwise be authorized by law, either under the general law of the
State of Minnesota or the City Charter of Fridley.
$ 53,062.00 For Debt Service Fund - Improvement
Bonds
$ 34,082.00 For Debt Service Fund - Civic Center
Bonds
ADOPTED AND PASSED BY THE COUNCIL OF THE CITY OF FRIDLEY
ATTEST: THIS 19TH DAY OF SEPTEMBER,.1966,
CITY CLE - Marvin runsell �AYOR - Jack 0. Kirkham
$76,210.00
For
The General Fund
1 mill
For
Firemen's Relief
1 mill
For
Police Pension Fund
'
$ 40,510.00
For
Debt Service - Parka
$ 150128.00
For
Contribution to Public Employees
Retirement Fund
$ 53,062.00 For Debt Service Fund - Improvement
Bonds
$ 34,082.00 For Debt Service Fund - Civic Center
Bonds
ADOPTED AND PASSED BY THE COUNCIL OF THE CITY OF FRIDLEY
ATTEST: THIS 19TH DAY OF SEPTEMBER,.1966,
CITY CLE - Marvin runsell �AYOR - Jack 0. Kirkham