RES 1969-187 - 00010253t
6) Q
RESOLUTIONd NO. 187 - 1969
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 1970 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 2nd day of September 1969, 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 6th day of October 1969, 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
1969, a budget for the City of Fridley for the operation of its business during the
year 1970, 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, cor-
rected, and amended and adopted by the City of Fridley on the
1969, 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 1970 under said budget, is and will be, when computed in accordance
with lava, in excess of the normal City Charter limit of thirty (30) wills 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 1970,
to exceed such normal City Charter tax levy limit, and to levy *_axes thereof suffi-
cient 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 197D, 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 otherwise be authorized by law,
either under the general law of the State of Minnesota or the City Charter of Fridley.
f- -
'96
0'4AYOr - Jack O. 'irkham
ATTEST_:
C - S?arvin C. Brunsell
Resolution 187 - 1969 Continued
$ 909,650.00
For
the Ganeral Fund
24,057.00
For
Firemen's Relief
44,610.00
For
Police Pension Fund
NONE
For
Debt Service - Parks
90,312.00
For
Contribution to Public Employees
Retirement Fund
NONE
For
Debt Service Fund - Improvement Bonds
NONE
For
Debt Service Fund - Civic Center Bonds
,068,629.00
PASSED AND ADOP174D BY THE CITY
COUNCIL OF
THE CITY OF FRIDLEY
THIS 13TH DAY OF
OCTOBER
1969.
0'4AYOr - Jack O. 'irkham
ATTEST_:
C - S?arvin C. Brunsell