RES 1995-98 - 00002993167
IRESOLUTION NO. 96 - 1995
A RESOLUTION DECLARING THE NECESSITY TO LEVY A TAX WHICH APPEARS TO
BE IN EXCESS OF 16 HILLS AND CERTIFYING TAX LEVY REQUIREMENTS FOR
1996 TO THE COUNTY OF ANOKA FOR COLLECTION
WHEREAS, Chapter Seven, Section 7.02 of the Charter of the City of Fridley,
grants the City the power to raise money by taxation pursuant to the laws of the
State of Minnesota; and
WHEREAS, said Section 7.02 of the City Charter provides that if the taxes levied
against property within the City exceeds 16 mills on each dollar of assessed
valuation, that the Council shall adopt a resolution showing the necessity for
such tax: and
WHEREAS, the State of Minnesota has changed the method of computing taxes from
"mill levy" to "tax capacity "; and
WHEREAS, the State of Minnesota transferred state aid dollars from the city to
the school districts to reduce school district taxes; and
' WHEREAS, in addition, the State of Minnesota reduced the amount of state aid
dollars it had previously distributed to cities; and
WHEREAS, the City of Fridley needs to levy taxes which appear to be in excess
of 16 mills because of the reduction of local government aids by the State of
Minnesota.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Fridley
pursuant to three (3) weeks published notice and public hearing on the 5th day
of December, 1995, shall have the authority to levy a tax which may be in excess
of 16 mills; and
BE IT FURTHER RESOLVED that the City of Fridley certify to the County of Anoka,
State of Minnesota, the following tax levy to be levied in 1995 for the year
1996.
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1 Page 2 -- Resolution No. 98 - 1995
GENERAL FUND
General Fund
$3,821,853
CAPITAL PROJECT FUND
Capital Improvement
Fund - Parks Division
72,689
AGENCY FUND
Six Cities Watershed Management Organization
3.087
TOTAL ALL FUNDS
$3,897,629
PASSED AND ADOPTED EY THE
CITY COUNCIL OF THE CITY OF FRIDLEY THIS
11TH DAY OF
DECEMBER, 1995.
Lk
WILLIAM NEE
- MAYOR
'
ATTEST:
WILLIAM A. CHAMPA - CITY
LERK