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HomeMy WebLinkAbout94-195 - ADMIN Resolution - City Council - 1994/12/19r r 1 RESOLUTION NO. 94-195 RESOLUTION APPROVING 1994 TAX LEVY, COLLECTIBLE IN 1995 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 1994, collectible in 1995 upon the taxable property in said City of St. Louis Park for the following purposes: General Fund $ 6,093,689 Park and Recreation Fund 1,407,443 Parks Improvement Fund 42,461 Debt Service (G.O. Bonds) Fund 323.100 Total Levy $ 7,866,693 BE IT FURTHER RESOLVED that provisions 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 1995 on all outstanding bond issues, and the deferred annual tax levies previously certified to the County Auditor are hereby canceled, 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,MVfinnesota, and to the Local Government Aids/Analysis Division, Department of Revenue, State of Minnesota, as required by law. Reviewed for administration: Adopted by the City Council December 19, 1994 4,-,-k., Approved as to form and execution: City Attorney