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RES 1976-70 - 00007408120 RESOLUTION NO. 70 -1976 A RESOLUTION DECLARING THE NECESSITY FOR AN ADDITIONAL TAX LEVY IN ADDITION TO THE 10 MILL LIMITATION PROVIDED BY THE CITY CHARTER SPECIFYING THE PURPOSES AND CALLING FOR A PUBLIC HEARING ON SAME AND ALSO CALLING A PUBLIC HEARING ON EXPENDITURES TO BE MADE FROM REVENUE SHARING FUNDS BE IT RESOLVED, By the Council of the City of Fridley as follows: SECTION 1. That the Council of the City of Fridley in the month of August, 1976 received from the City Manager a proposed budget of the City of Fridley for the year 1977, which proposed budget when examined evidenced the necessity of an additional tax levy in excess of the City Charter limitation. SECTION 2. That the purposes for which such additional tax levy is required includes additional sums for the General fund, additional sums for the Capital Project Fund, and additional sums for a debt service on the Civic Center. SECTION 3. That in addition the purpose of the public hearing is to discuss the purpose of Revenue Sharing Funds to be budgeted in the year 1977. SECTION 4. That a public hearing be held before the City Council at the City Hall at 7:30 P.M. on the 20th day of September, 1976 to consider this matter. That a copy of this resolution be published in the offical newspaper of the City on August 25, September 8 and 15, 1976 to give notice of such public hearing. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 2ND DAY OF AUGUST, 1976. YOR - WILLIAM J EE ATTEST: CITY CLERK - M RVIN C. NSELL Publish: August 25, and September 8 and 15, 1976 fl 0 'S 1 i