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1966-3715r~~2 RESOLUTION N0. 3715 1 1 RBSOLUTION AUIIIORIZING RBDUCTION IN CBRTAIN ADt VALOREM TAJ~ LBV IBS ~1HBRBAS, Resolution No. 705. provided for taxes to be levied for the repayment of principal and interest on the Improvement Bonds of 1955' and V~HBRB~S, It appears desirable t® cancel flr reduce such ad valoxem tai..levies to be levied in 1966 by reason that there are currently. sufficient funds available in the debt redemption fund'to pay the principal ~tnd interest ari the above bonds: in 19b?. NOW TI~RBRORB, BB IT.RBSOLVBD~by the citq c®uncii of the•City of Richfield, Minnesota, as f411ows: 1. That the amount to be leva~ed in 1966 cmilectible in 1967 oM Resolution No,-705 in the amount of $3320,00 be can- celled, 2. A copy of this resolution shall be sent t® the County Auditor. Passed by the coun~r.1 of the City of Richfield this 10th day of October, 19660 t~'~ ~,~ taniey W. Olson, Mayor ' 1 Attest: c~?~~ '. ' ~ ..~-~~'~ e~~( Bd and J, M ~ ine, C1er1t.~Treas, ~(¢ v~ l ~,