RES 1992-99 - 00003607r
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RESOLUTION NO. 99 - 1992
A RESOLUTION DECLARING THE NECESSITY TO LEVY A TAY REICH
APPEARS TO BE IN EXCESS OF 16 MILLS AND CERTIFYING TAY
LEVY REQUIREMENTS FOR 1993 TO THE COUNTY OF ANOKA FOR
COLLECTION
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 transferred state aid dollars from
the city to the school districts to reduce school district taxes;
and
WHEREAS, in addition, the State of Minnesota reduced the amount of
state aid dollars it had previously distributed to cities; 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.
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 the 7th day of December, 1992, shall have the authority
to levy a tax which may be in excess of 16 mills; and
BE IT FURTHER RESOLVED that the City of Fridley certify to the
County of Anoka, State of Minnesota, the following tax levy to be
levied in 1992 for the year 1993.
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Page 2 - Resolution 99 - 1992
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GENERAL FUND
General Fund $4,535,276
CAPITAL PROJECT FUND
Capital Improvement Fund - Parks Division 87,689
AGENCY FUND
Six Cities Watershed Management Organization 3.500
TOTAL ALL FUNDS $4,626,465
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
7th DAY OF DECEMBER, 1992
ATTEST:
WILLIAM A. CHAMPA - ACTI$G CITY CLERIC
V�
WILLIAM J. NEE - MAYOR