RES 1978-47 - 00006931NEW
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RESOLUTION NO. 47 -1978
A RESOLUTION AUTHORIZING A TAX LIMIT BASE INCREASE
WHEREAS, The 1977 Legislature adopted M.S.A. 275.52, Subd. 5. which
authorized certain cities to levy starting in 1979 an additional amount
not to exceed 10 percent of its 1978 adjusted levy limit base, with such
amount so levied to become a permanent part of the levy limit base, and
WHEREAS, In order to qualify for this increase in levy limit base,
a city must have levied at least 98 percent of its levy limit base the
preceding year, and
WHEREAS, The City of Fridley levied 99.5% of its levy limit for
taxes collectible in 1978, and
WHEREAS, The City of Fridley has experienced a population decline
compared to the year 1974, and
WHEREAS, The taxing limits are based on dollars per capita, and
WHEREAS, The City of Fridley has, therefore, experienced a leveling
off of tax income in relation to budget needs and inflationary pressures, and
WHEREAS, The funding of certain programs is anticipated to be in excess
of that provided by the 6 percent levy limit increase per capita over the
preceding year;
NOW, THEREFORE, BE IT RESOLVED, That the City of Fridley, by action
of the City Council, requests authority to levy an additional amount,
to be determined by the Commissioner of Revenue, (estimated to be up to
$294,889), of general property taxes, over and above the State levy limitation,
so as to be able to maintain current service levels in City programs for the
year 1979 and subsequent years,
BE IT FURTHER RESOLVED, This resolution is to be published in the
Sun Newspaper on June 14, 21, 28 and July 5, and
BE IT FURTHER RESOLVED, That a public hearing to discuss the resolution
will be held Monday July 17, 1978 at 7:30 p.m. At said hearing all persons
desiring to comment on the proposed adjustment shall be heard.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 5TH DAY
OF JUNE, 1978.
ATTEST:
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CITY CLERK - MARVIN C. BRUNSELL
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MAYOR - WILLIAM J. NEE