RES 1962-167 - 00012562476
RESOLUTION NO. 167 - 1962__
A RESOLUTION DETERMIT ING THE NECE.`;SITY OF AND PROVIDING FOR A
TAX IEVY IN EXCESS OF NORMAL CITY CF;ARTER TAX LI? <ITS.
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 1963, which proposed budget
when examined evidenced the necessity for an additional tax levy
in excess of the City Charter limits and, accordingly, there was
then adopted on the 10th day of September, a resolution declaring
the necessity for an additional tax levy and specifying the purpose
for which such a ^ditional tax levy is required.
FURTHER, upon the receipt of such proposed budget and the
adoption of the resolution dated the 10th day of September, the
Council p roceeded to hold a public hearing pursuant to three (3)
weeks published notice in the official newspaper of the City,
setting forth the contents of the resolution noted herein. That
such public hearing was held on the 8th day of October, and all
persons interest =d therein were afforded an opportunity to be
heard and make 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
adont by Ordinance on the 8th day of October, a budget for the City
of Fridley for the operation of its business during the year 1963,
a copy of which budget is attached hereto for reference purposes
as EXHIBIT "A ".
SECTION 2. Further, upon the examination of such budget originally
pro, >osed, corrected and amended and adopted by the City
of Fridley on the 8th day of October, it reasonably appears, and
the Council does now so find that the tax levy necessary to provide
monies for the operation of the business of the City of Fridley during
the year of 1963 under said budget, is and will be, when computed in
accordance with law, in excess of the normal C_.ty:harter limit of
thirty (30) mills on each dollar of the assessed valuation of the
property taxable in the City, but that, nevertheless, it is reason-
able 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 1963, 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 1963
taxes shall be levied in accordance with law SUFFICI;NT to provide
monies in the following amounts and for the following purposes, and
no hart or partion of any 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.
Taxes in the following amount may and shall be levied for the
following purposes:
$ 365,589.00 For the General Fund
10,050.00 For Fireman's Relief
16,532.00 For debt Service
14,050.00 For Contribution to Public
Employees Retirement Fund
ADOPTED AND PASSED BY THE COUNCIL OF THE CITY OF FRIDLEY ON THE
8TH DAY OF OCTOSE�, 1962.
ATTEST: MAYOR 4 T.E. Greig
CITt CtE: - Marvin C. Brunsell
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