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HomeMy WebLinkAbout89-172 - ADMIN Resolution - City Council - 1989/11/06RESOLUTION NO. 89-172 RESOLUTION APPROVING PROPOSED 1989 TAX LEVY, COLLECTIBLE IN 1990 BE IT FURTHER RESOLVED by the City Council of the City of St. Louis Park, Hennepin County, Minnesota, that the following sums of money be levied in 1989, collectible in 1990 upon the taxable property in said City of St. Louis Park for the following purposes: General Fund Fire Relief $ 267,095 Police Relief 222,050 Other 9,277,082 Total General Fund 9,766,227 Civil Defense Fund 35,432 Debt Service (G.O.Bonds) Fund 818,932 Municipal Building Fund 101,115 Park Improvement Fund 73,075 Total levy 10,794,781 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 1990 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 the City Council November 6, 1989 (N ' /4,p-g-tV Reviewed for administration: City Manager Mayo Approved as to form and execution,: c sVCi ty Attorney