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95-113
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95-113
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8/3/2005 3:18:39 PM
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<br /><. <br /> <br />~ <br /> <br />Resolution No.95-113A <br /> <br />City of New Brighton <br />County of Ramsey <br />State of Minnesota <br /> <br />RESOLUTION MODIFYING THE LEVY FOR BONDS <br /> <br />Whereas, the City has issued bonds for public improvements; <br /> <br />Whereas, property taxes were anticipated as part of the fmancing for the bonds; <br /> <br />Whereas, in lieu of property taxes the City has committed money from the reserves; <br /> <br />Now, therefore be it resolved that: <br /> <br />The authorized levy of $1,629,329 shall be modified to a levy of $583,000. The reduction in the <br />levy is possible because of the commitment of the reserves. <br /> <br />Adopted this 19th day of December, 1995. <br /> <br />~Yor <br /> <br /> <br />atthew S. Fulton, City Manager <br /> <br />ATTEST: <br /> <br /> <br />.1 <br />:Margaret Ega Finance Director/City Clerk <br />1 <br />
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