HomeMy WebLinkAbout87-165 - ADMIN Resolution - City Council - 1987/10/05RESOLUTION NO. 87-165
RESOLUTION APPROVING 1987 TAX LEVY, COLLECTIBLE IN 1988
BE IT RESOLVED by the City Council of the City of St Louis Park, Hennepin County,
Minnesota, that the following sums of money be levied in 1987, collectible in 1988
upon the taxable property in said City of St. Louis Park for the following purposes:
General Fund
Fire Relief $ 291,331
Police Relief 288,274
Other 6,535,573
Total General Fund 7,115,178
Civil Defense Fund
Debt Service (G.O.Bonds) Fund
Park Improvement Fund
Total levy
8,861
641,066
108.125
7,873,230
BE IT FURTHER RESOLVED that the Fire and Police Relief levies are in
accordance with provisions of the "Police and Firemen's Relief Association Guidelines
Act of 1969", as amended and Laws 1980, Chapter 607. Provision has also been made for
payment of the City's share of Public Employees Retirement Association's contributions
for the ensuing year.
BE IT FURTHER RESOLVED that there is a sufficient sum of monies in the Debt Service
Fund of the City, together with the above Debt Service Fund tax levy, to pay
principal and interest in 1988 on all outstanding bond issues, and the deferred annual
tax levies previously certified to the County Auditor are hereby cancelled, and
replaced by above debt service tax levy.
-BE IT FURTHER RESOLVED that the City Clerk is hereby authorized and directed to
transmit a certified copy of this resolution to the County Auditor of Hennepin County,
Minnesota, and to the Local Government Aids/Analysis Division, Department of Revenue,
State of Minnesota, as required by law.
Adopted by the City Council, October 5, 1987
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Attest:
Reviewed for administration
a LA:4,14A.46..64,_
or
Approved as to form and execution
ty Manager City Arney