1967-3875r114
RESOLUTION N0, 3875
PtESOLUTION AUZI-YORI2IIV~ REDUCTION IN CERTAIN AD VALOREM
TAX LEVIES
VI~IEREASs Rr~solution No, 44~i provided for takes to be levied for the
rr~paynt of principal and interest on the Improvement Bonds
of 1954a Series Ba ands
UV~iEItEA58 It appears desirable to cancel or reduce such ad valorem
ta~c levies to be levied in 1967 by reason that there are
currently sufficient funds avaiiabie in the debt redemption
fund to pay the principal and interest on the above bonds
in 19680
N T~RE~FOREs BE IT RBSALVED by the city council of the City of
Richfields Minnesota9 as follows:
18 That the amount to be levied in 1967-collectible in 1968
®n Resolution No, 446 ixa the amount of $2775,00 be cancelled,
20 A copy of this :resolution shall be sent to the County Auditors
~as~ed by the council ~f the City of Richfield this 9th day of
®c~o~s~r a 19678
Stanley DV, Olson, Mayor
Attest o
v ~~
Edwo Js Moli e a Ciertg®Treas s
1