CC 11-30-1970 - Laserfiche WebLink

Home Browse Search

. . , 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 assess- ment a valid and binding lien upon said property. 4.03 For the purpose of providing, together with estimated collections of said special assessments, amounts 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 authorized, 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 1970 1971 $ 72.449 * 1979 1980 $ 52,000 1971 1972 62,000 1980 1981 50.000 1972 1973 60,000 1981 1982 48"..000 1973 1974 59,000 1982 1983 46.000 1974 1975 59.000 1983 1984 44,000 1975 1976 58.000 1984 1985 42.000 1976 1977 57 .000 1985 1986 19.000 1977 1978 56,000 1986 1987 18.000 1978 1979 54.000 1987 1988 17.000 * Note. The amount of $72,449 haa already been cert1f1ed for levy and COlltition Said levies shall be irrepealable except to the extent and in the manner provided 1971. 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 expressly 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 Village are hereby pledged to the payment of said bonds. Section 5. Certifications of Proceedings. 5.01 The Village Clerk-Administrator 1s directed to file with the County Auditor of Ramsey County a certified copy of this resolution, and such other in- formation as the County Auditor may require, and to obtain from the County Auditor a certificate stating that the tax required by law for the payment of the bonds issued hereunder has been fulV levied and that the bonds have been entered upon his bond register. 5.02 The officers of the Village and the County Auditor are authorized and directed to prepare and furnish to the purchasers of the bonds, and to bond counsel, certified copies of all proceedings and records relating to the authorization and , issuance of the bonds and such other affidavits and certificates as may reasonably be required to show the facts relating to the legality and marketability of the . bonds as such facts appear from the officers' books and records or are otherwise known to them. All such certified copies, certificates and affidavits, including any heretofore furnished, constitute representations of the Village as to the cor- rectness of the facts recited therein and the actions sta ed th~ to have been taken. ",..,,-~ S;fL -1~ Village Clerk-Adminis ator -10-