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RES 1991-49 - 0000367865 RESOLUTION NO. 49 - 1991 RESOLUTION ENDORSING ALTERNATIVE FUNDING FOR STATE AID PROGRAMS WHEREAS, the Legislature of the State of Minnesota has chosen to create a Local Government Trust Fund; and WHEREAS, the Local Government Trust Fund is to be supported from the proceeds of the State sales tax; and WHEREAS, the State Legislature has determined that neither county nor city governments may benefit from the money that is in the Local Government Trust Fund unless counties choose to adopt a one - half cent local option sales tax by July 1, 1992; and WHEREAS, without participating in the Local Government Trust Fund, county and city governments will lose millions of dollars in sales tax revenue; and WHEREAS, county and city governments could be forced by these coercive circumstances to replace lost trust fund revenues with property taxes; and WHEREAS, failure to approve the one -half cent local option sales tax will result in the redistribution of a large portion of Anoka ' County's sales taxes to other counties; NOW THEREFORE, BE IT RESOLVED, that the City Council of the City of Fridley supports the approval of the one -half cent local option sales tax by the Anoka County Commissioners at their meeting on June 11, 1991. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 3RD DAY OF JUNE, 1991. WILLIAM J. NEE YOR ATTEST: ` / SHIRLEY A. HAAPALA - C TY CLERK 1