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3020 <br />tivI-ir~Ti.EA5, there is now on hand in the Watermain and <br />Sanitary Sewer Improvements of 1963 Fund an excess amount <br />greater than X3,000. and the Village Council deems it advis- <br />able to have this fact certified to the County Auditor <br />under Section 475.61, Subd. 3 of the T~'iinnesota Statutes so <br />that the County Auditor will so reduce the tax levy hereto- <br />fore made, <br />NOj~J, THEREFORE, BE IT RESOLVED by the Village Council <br />of the Village of Falcon Heights, Minnesota: <br />1. The Village Council hereby determines that there <br />is on hand in the Watermain and Sanitary Sewer Improvements <br />of 1963 Fund, an excess amount greater than X3,000. and that <br />the y~3,000. tax levy for the year 1970, made in Section 6 of <br />the resolution of the Council providing for the issuance <br />and sale of ti~datermain and Sanitary Sewer Improvement Bonds <br />of 1963, adopted on September 11, 1963, and thereafter certi- <br />fied to the Ramsey County Auditor and entered in the Bond <br />Register of the Ramsey County Auditor on September 23, 1963, <br />shall be reduced by yi3,000. and no amount thereof shall be <br />included in the County Auditor in the tax rolls prepared for <br />the year 1971. <br />2. The Village Clerk is hereby directed to file a certi- <br />fied copy of this resolution t~,rith the County Auditor of Ramsey <br />County, rinnesota together with such other information as he <br />shall require. <br />T~taster Gas Taylor moved that the T~~aster Gas Installers License be <br />Installers License - approved for ti~Jilliam R. Stewart, Royalton Heating and Cooling <br />Royalton Heating Company, 4626 Lyndale Avenue North, T4inneapolis, Tdlinnesota, <br />and Cooling: for the period commencing July 1, 1970 and ending June 30, <br />1971. ~,7arkentien seconded and the motion carried. <br />Redemption of Stone introduced the following resolution and moved its <br />Outstanding adoption: <br />~~'atermain Improve- <br />ment Bonds 1960-1 A. Z•JHF~?.EAS, The Village Council of the Village of Falcon <br />Resolution 70-22: Heights adopted at its meeting of September 24, 1970, a <br />RESOLUTIOTJ AUTHORIZIIIG THE fiEDET4PTI0Pd OF OUTSTANDING Z~TATEI~- <br />T~TAITJ T~1PR0iTET~IET~T BONDS of 1960-1 effective September 1, 1970. <br />B. Section 6 of the resolution authorizing the issuance of <br />said bonds, adopted by the Village Council on August 1l, 1960, <br />provides for the levy upon all of the taxable property a <br />direct general ad valorem tax in the amount of '.;1500. during <br />the years 1960 to 1962, both inclusive, X2,000. during the <br />years 1963 to 1976, both inclusive, $25,000. during the <br />dears 1971 to 1973, both inclusive and X3,000. during the <br />years 1974 to 1978, both inclusive, to provide monies for <br />the payment of principal and interest on said bonds. <br />C. The need for such tax levy no longer exists because of <br />the redemption of said bonds. <br />