Res 1997-115 ()e2( ®
RESOLUTION NO. 115 - 1997
A RESOLUTION DECLARING THE NECESSITY TO LEVY A TAX
WHICH APPEARS TO BE IN EXCESS OF 16 MILLS AND CERTIFYING
TAX LEVY REQUIREMENTS FOR 1998 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 29k" day of November, 1997, 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 1997
for the year 1998.
GENERAL FUND
General Fund $3, 921, 159.00
CAPITAL PROJECT FUND
Capital Improvement Fund - Parks Division 72, 689
AGENCY FUND
Six Cities Watershed Management Organization 7, 822
Stoneybrook Creek Watershed 8, 900
Total ALL Funds $4,010,570
CC2C ,
Page 2 - Resolution 115 - 1997
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PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 8TH
DAY OF DECEMBER, 1997.
C )6 J G
1 ON - MAYOR
ATTEST UU
ljtd;a,",.. a k a
WILLIAM A. CHAMPA - CI CLERK
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