RES 1975-185 - 00007714RESOLUTION NO. 185 - 1975
A RESOLUTION DETERMINING 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 1976
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 4th day of August, 1975, 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 15th day of September, 1975 and all persons
interested 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 a 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 22nd of September, 1975, a budget for the City of
Fridley for the operation of its business during the year 1975 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 22nd of Semptember,
1975, 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 1976 under said budgets, is and will be, when computed
in accordance with law, in excess of the normal City Charter limit of ten(10)
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 1976, 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 1976, taxes shall be levied in accordance
with law sufficient to provide monies provided for any purpose herein shall be
authorized by law, either under the general law of the State of Minnesota or the
City Charter of Fridley.
$ $1,769,965 For the General Fund
$ For Contribution to Public Employees
Retirement Fund
$ For Firemen's Relief
For Police Fund
$ 37.500 For Debt Service Fund - Civic Center
Bonds
$ 46,596 Capital Improvement Fund
$
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
22nd DAY OF September , 1975.