Res 1963-145 1:10
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RESOLUTION NO. 145-1963
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 of 1964, which proposed budget when examined evidenced the necessity
of an additional tax levy in excess of the City Charter limits and, accord-
ingly, there was then adopted on the 5th day of August, a resolution decl-
aring 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 pur-
suant to three (3) weeks published notice in the official newspaper of the
City. That such public hearing was held on the 30th day of September,
and all persons interested therein were afforded an opportunity to be
heard and make objections, if any there bel to the budget as then proposed.
That after such hearings 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 way as was deemed necessary by the Council to
be in the best interests of the City; and after such corrections and amend-
ments the Council did pass and adopt by Ordinance on the 7th day of October,
a budget for the City of Fridley for the operation of its business during
the year 196h, 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 ofFridley on the 7th
day of October, it reasonably appears, and the Council does now so find that
the tax levy necessary to provide monies for the operation of the business of
the City of Fridley during the year of 1964 under said budget, is and will be,
when computed in accordance with law, in excess of the normal City Charter
limit of thirty (30) mills on each dollar of the assessed valuation of the
property taxable 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
1964, 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 That to provide money in accordance with the noeds and purposes
of the budget of the City for the year of 1964 taxes shall be
levied in accordance with law SUFFICIENT to provide monies in the following
amounts and for the following purposes, and no part or portion of any monies
provided for any purpose herein shall be appropriated to and used for any
other purpose, except as might otherwise be authorized by law, either under
the general law of the State of Minnesota or the City Charter of Fridley.
Taxes in the following amount may and shall be levied for the following
purposes:
$379,604.00 For the General Fund
12,235.00 For Firemen's Relief
33,365.00 For Debt Service - Parks
19,111.00 For Contribution to Public Employees
Retirement Fund
26,531.00 For Debt Service Blind Improvenent Bonds
ADOPTED AND PASSED BY THE COUNCIL OF THE CITY OF FRIDLEY
ON THE 7TH DAY OF OCTOBER, 1963.
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A ANL
MAYOR - Wi oi1 j. Nee
ATTEST:
AA 1 aSZILA664,14._
CITY C77;4qc - Marvin C. Brunsell