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RES 1971-137 - 00009551RESOLUTION NO. 137 -1971 A RESOLUTION DETERMINE 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 1972 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 30th day of August, 1971, 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 20th day of September 1971, 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 1 t ri v of ember , 1971, a budget for the City of Fridley for the operation of its •usiness during the year 1972, 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, corrected, and amended and adopted by the City of Fridley on the 15th day of November , 1971, 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 1972 under said budget, is and will be, when computed in accordance with law, in excess of the normal City Charter limit of thirty (30) mills 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 1972, 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 1972, 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. 40 .?44 RESOLUTION NO. 137 -1971 (Continued) $ 1.057 254.00 For the General Fund 17,584.00 For Firemen's Relief 57.489.00 For Police Pension Fund 45,261.00 For Debt Service - Parks 52,142.00 For Contribution to Public Employees Retirement Fund For Debt Service Fund - Improvement Bonds 36,188.00 For Debt Service Fund - Civic Center Bonds I PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 1sT DAY OF NOVEMBER , 1971. ATTEST: V 0%?c . t CITY CLERK - MARVIN C. BR ELF L T