RES 1968-183 - 00010590RESOLUTION NO. ].g3 -1.968
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 1969 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 16th day of September, 1968, a resolution declaring the necessity for an
additional tax levy and specifying the purpose for which such additional tax levy
is required.
FURTHER, the Council proceeded to hold public hearings pursuant to three
(3) weeks published notice in the official newspaper of the City. That such public
hearing was held on the 7th day of Cctober, 1968, and all persons interested therein
were afforded an opportunity to be heard and made 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 first reading on the 18th day of November,
1968, a budget for the City of Fridley for the operation of its business during the
year 1969, a copy of which budget is attached hereto for reference purposes as ,
EXHIBIT "A ".
SECTION 2: Further, upon the examination of such budget originally proposed, corrected,
and amended and adopted by the City of Fridley on the 18th day of November, 1968, it
reasonably appears, and the Council does not find that the tax levy necessary to
provide monies for the operation of the business of the City of Fridley during the
year of 1969 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 operaticn of
the business and fuctions of the City during the year of 1969, 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 of 1969, taxes shall be levied in accordance with
law sufficient to provide monies provided for any purpose herein shall be appropriated
to and used for any other purpose, except as might other4ise be authorized by law, either
under the general law of the State of Minnesota or the City Charter of Fridley.
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Resolution *183 -1968 Continued
$727,902.00 For the General Fund
1 Mill For Firemen's Relief
1 Mill For Police Pension Fund
$37,700.00 For Debt Service - Parks
$60,288.00 For Contribution to Public Employees
Retirement Fund
NONE For Debt Service Fund - Improvement Bonds
$37,500.00 For Debt Service Fund - Civic Center Bonds
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY
THIS 18TH DAY OF NOVEMBER 1968.
Q r/h- V
AYOR - Jack 0. Kirkham
ATTEST: