RES 1989-94 - 00004320RESOLUTION 94 - 1989
' A RESOLUTION DECLARING THE NECESSITY TO LEVY A TAR WHICH
APPEARS TO BE IN EXCESS OF 16 MILLS AND THE NEED FOR A
SPECIAL LEVY
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 has transferred state aid dollars from the city
to the school districts to reduce school district taxes: 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; and
WHEREAS, the City of Fridley needs to levy a special levy for the unfunded
portion of the police pension liability.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Fridley
pursuant to three (3) weeks published notice and a public hearing on December
4, 1989, shall have the authority to levy a tax which may be in excess of 16
mills, and to levy a special levy for the unfunded portion of the police pension
liability in 1989 for the year 1990.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 4TH DAY OF
DECEMBER, 1989
ATTEST:
SHIRLEY A. PALA - C TY CLERK
J
WILLIAM J. NE ^ YOR
asp