1972-4846r~~ '~ ,
RESG~~71';.CN ~'o, -4846
li :.a~l.3ia til l'+..JN L1i/.;. rlU 1\1~3..iN 1T .~i`~1'~~.~~J~U~1~ a Li;.,l,!.:L ~1yi_~1~.'LrY'~.CG'~'..r itl .i ll~~j}, ',~.~~ ~.L'
.~9J{~ TO I:~rR~i~'Ii;i~'NT BO°~i~~ ~Jl' i9.~.s, SERIFS C, AN., R~0'~CINC
CERtAIN A77 ~1ALOREi~I "'.r1X ZFVIES
.~~j ~ j' . S 9 Resolution No® 236 provided fir taxes to be levied for the repayment:
of principal ar_d interest on the Improvement Bonds of 1953 Series ,~
and.
,~:ry~;~-~~1.5~ It appears des~.?-abla to cancel or redz~c.e such ad ~valoresn. tax levy to
be levied in 1972 by reason that such redaction is passible by reason
of transfers from the I~'iprovemerat Bo~.~.ds of 1950 F.'undg and
L+i:~R.~1~S a 'here is presently surplus funds available ir1 the Improvement ~~~r~3~•
of 1950 .t~und as all pri:~cipal an3 :Lnte;.est on such bonds hsve ~,ee,~
paid and
's;~y;~"REAS9 ~.Che ad. valorem tax levy requirerent incl~o.~ies a 5% excess prd~~.~.~a-±ora
~Y~~l'9~ri~R't{a~'OR:~9 BF Ii F~;~~.3I.,V~~ by the city ~:ounc~.i o,f the C:~.t:y ~~f R~.~hfwel,~?~
?Yiinnesota9 as foll~;ws ;
to That the transfer and appropriation of ;~1~900 fro? the 7~npr~,v;~~
went Bonds -®f 1950 Fund :~s hereby au.tnora~ed :~.n~? dixect-~-:d~
a ~~at the a~tt~sunt to be levied in 1972, collect':ble ir? 193, o_m
pesol~it:~on Noo 236., in t?-~e b.:~zount c~f ~Z~Ci~G~ ~.s hereby ~;a~r?.%~~e~.l~=.r,
30 ~"f3c?.t .~ t''~py S'BZ thi=+ ~'e~s:8lL2ti~'e; s~~s,11 'b~ 5~~ 'T{5 ?3~A 13~?27.~~?p~,.::'.-_
Cs.~unty A~,~ditor,
~'=.ssed oy the council of the City of Richf~,eld this..l0th da.y of. C;ctober~ 3.~?~20
~•, Law / Mayer
'iY:'~+:T~;.S J a Ira:^,i"~~? C'T:y ~;i erka