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Levy Collection Levy Collection Year Year Amount Year Year Amount 1968 1969 $l43,000 1978 1979 $110,000 1969 1970 l32,000 1979 1980 1l0,000 1.970 1971. 1.30,000 1980 1981 llO,OOO 1971 1972 127,000 1981 1982 110,000 1972 1973 124,000 1982 1983 llO ,000 1973 1974 122,000 1983 1984 llO,OOO 1974 1975 119,000 1984 1985 llO ,000 1975 1976 116,000 1985 1986 110,000 1976 1977 ll4,000 1986 1987 110,000 1977 1978 lll,OOO 1987 1988 llO,OOO Not less than $140,000 now on hand in the General Improvement Bond Sinking Fund, de- rived from taxes and special assessments heretofore levied and appropriated to said fund, is temporarily surplus to the needs of said fund for payment of principal and interest on outstanding bonds in the immediate future. This amount will be suffi- cient to p~ principal and interest on the bonds issued pursuant to this resolution, to and including April 1, 1969. Said amount is not therefore included in the levy for the current year in the above schedule, but has been added to the amounts other- wise required to be levied in the years 1968 through 1987. The proceeds of all taxes herein levied are appropriated to said General Improvement Bond Sinking Fund, and said tax levies shall be irrepealable so long as any of said bonds are outstand- ing and unpaid; provided, that the Village reserves the right and power to reduce the levies in the manner and to the extent permitted by Minnesota Statutes, Section 475 .61. 7. The Village Clerk is hereby authorized and directed to file a certi- fied copy of this resolution with the County Auditor of Ramsey County, together with such other information as he shall require, and to obtain from said County Auditor a certificate stating that the tax required by law for the payment of said bonds has been levied, and that said bonds have been entered upon his bond register. 8. The officers of the Village and the Councy Auditor of Ramsey County are hereby authorized and directed to prepare and furnish to the purchaser of the bonds and to the attorneys approving the legality of the issuance thereof certified copies of all proceedings and records relating to said bonds and to the financial affairs of the Village, and such other affidavits, certificates and information as may be required to show the facts relating to the legality and marketability of the bonds as the same appear from the books and records under their custody and control or as otherwise known to them, and such certificates, certified copies and affida- vits, inclUding any heretofore furnished, shall be deemed representations of the Village as to the correctness of all statements contained therein. UOl....W liDl1 Mayor J.. w. ~a1waa Attest: Village Clerk The motion for the adoption of the foregoing resolution was duly seconded Cul.~' by Member All , and upon vote being taken thereon, the following voted in favor thereof: -10-