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<br />~:' "iI " <br /> <br />RESOLUTION NO. <br /> <br />86-76 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION A..~ENDING THE LEVY FOR THE 1986 SPECIAL <br />ASSESSMENT BONDS <br /> <br />WHEREAS, the City has sold bonds to finance the 1986 <br />construction projects~ and <br /> <br />WHEREAS, these bonds were sold as the 1986 Special <br />, Assessment Bonds; and <br /> <br />WHEREAS, it was anticipated that these bonds would be <br />financed in part by special assessments and a general property <br />i tax levy; and <br />~ ~ <br /> <br />WHEREAS, the general property tax amount was to be 16% <br />of debt; and <br /> <br />!! <br /> <br />:1 <br /> <br />WHEREAS, the original document of sale reported the entire <br />amount to be retired by use of general property taxes. <br /> <br />:1 <br />, <br /> <br />NOW THEREFORE BE IT RESOLVED that the general tax levy for <br />the 1986 Special Assessment Bonds shall be amended to read as <br />follows: <br /> <br /> Year Levy Year Lev'y Year Levy <br /> 1986 $23,530 1991 $44,977 1996 $36,724 <br /> 1987 23,530 1992 44,124 1997 33,932 <br /> 1988 49,697 1993 42,350 1998 32,799 <br /> 1989 49,049 1994 39,708 1999 30,783 <br /> 1990 47,455 1995 38,678 2000 28,745 <br /> Adopted this 12th day of August , 1986. <br />i <br /> ~~ <br />"i Robert Benk , Mayor <br /> <br />ATTEST: <br />\ - - " <br />t 7'-5-' "" <br />.~.~. .r-- <br />~ .Marga t' A. Egan <br />:~cFinane;:"_ DJ.::reotor <br /> <br /> <br />-".,.- <br /> <br />:. ,;On (SEAL'-- , <br />: ~ ,.",,' .' ,. ,..- ~ . <br /> <br />.---' <br /> <br /> <br />ii <br /> <br />" <br />i: <br />