Resolution 445 - Laserfiche WebLink

Home Browse Search

~ . -' . ... . 70 For the purpose of paying the principal of and interest on said bonds there is hereby levied upon all of the taxable property in the village a direct annual ad valorem tax which shall be spread upon the tax rolls and collected with and as part of other general taxes of the village, and shall be paid into the sinking fund above provided, which tax is for the years and amounts as follows: Year Year Collectible Levy Collectible .:i 1968 t 46,000 1. 1969 _,000 1_ 36,600 19'10 35,500 198f 35,600 19'11 34,900 1_ 34,600 1m )4,400 1987 ",600 1m ",900 1988 32,600 1974 '3,400 1989 31,.'00 1", .,900 1990 '5,800 19'76 37,600 1991 34,500 1m 36,900 1992 33,200 19'18 36,100 1m '1,900 !~ il:~ 1M J2:tm 1961. The Villa~'~rk is hereby ~orized and ~~ed to file in the office of the County Auditor of'Ramsey ,'County a certified copy of this resolution together with such other infor- mation as the County Auditor may require, and to obtain from the County Auditor a certificate that such tax has been levied and the bonds have been entered upon his bond registero 90 The tax levy herein provided shall be irrepealable until all of said bonds are paid, provided that the Village Clerk shall certify to the County Auditor reduced levies if and to the extent that moneys and investments in the sinking fund will, with the levies remaining to be made, provide moneys for each remaining payment of principal and interest, when due, and a sum at least five per cent in excess thereof 0 10. The officers of the village are hereby authorized and directed to prepare and furnish to the purchaser of the bonds and to the attorneys approving the same, certified copies of all proceedings and records of the village relating to said bonds and to the financial affairs of the village and to the power and authority of the village to issue said bonds within their knowledge or as shown by the books and records under their custody and control, and such certified copies and certificates shall be deemed representa- tions of the village as to the facts stated thereino The motion for the adoption of the foregoing resolution was duly seconded by Trustee Jaboaq and upon vote being taken thereon the following voted in favor thereof: ADlerSOJ1, Hlpp, Mou., and labo..,. and the following voted against the same: lone whereupon said resolution was declared duly passed and adopted.