71-062 - Laserfiche WebLink

Home Browse Search

<_# . Assessment Years Collectible Interest Rate Sanitary Sewer Improvement 9 . 916.61 1972-1989 .07 Sanitary Sewer Improvement 10 30.00 1972-1989 .06 Consolidated Sanitary Sewer Improvements 12 and 13 16,110.12 1972-1990 .07 Gray Fox Road Improvement 2,382.04 1972-1980 .07 Red Fox Road Improvement 4,290,01 1972-1980 .07 Cons. W.~.r Improvement.. 6a-:.z "68-3 15,832.92 1972-1990 .07 In the event any such assessment is at any time held invalid with respect to any lot or tract of land, due to any error, defect or irregularity in any action or proceeding taken or to be taken by the Village or by this Councilor by any of the Village's officers or employees, either in the making of such assessment or in the performance of any condition precedent thereto, the Village hereby covenants and agrees that it will forthwith do all such further acts and take all such further proceedings as shall be required by law to make such assessment a valid and binding lien upon said property. 4.03 For the purpose of providing, together with estimated collections of said special assessments, amount not less than 5% in excess of the amounts needed to meet when due the principal and interest payments on each and all of the bonds herein author- ized, there shall be and is hereby levied a direct, annual, ad valorem tax on all property within the Village for the years and in the amounts as follows: Levy Collection Levy Collection Year Year Amount Year Year Amount 1971 1972 $39,800 1961 1982 $44,100 1972 1973 39.700 1982 1983 43,200 1973 1174 39,500 1983 1984 42.200 1974 1975 39,400 1984 1985 41,200 1975 1176 39,100 1985 1986 40,100 1976 1977 ]9,100 1986 1987 39,100 1977 1978 38,900 1987 1988 43,300 1978 1979 J8.800 1988 1989 41,900 1979 1980 38,600 1989 1990 41,500 1980 1961 44,900 1990 1991 72,000 Said levies shall be irrepealable except to the extent and in the manner provided by Minnesota Statutes, Section 475.61, as amended, and all collections thereof shall be credited to the Improvement Bond Sinking Fund as provided in Section 4.01 hereof, It is ex- pressly recognized that the obligation of the Village is not limited to the assessments heretofore levied and taxes herein . levied and the full faith, credit and taxing powers of the Vil- lage are hereby pledged to the payment of said bonds. -9-