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• <br />__ <br />TO MAKE CORRECTlOHS OR <br />RELEASE. THIS AD AT ONCE <br />CHECK IT ALL! ~' <br />THEN CALL! E <br />Zsz•SO 11-.Ext. 375 LL <br />~~ <br />ORTH 7/22.33296 <br />~"' 2x 112. City of Falcon Hts <br />Otte, prfs 1644 w. larpenteur- <br />• <br /> <br /> <br />CITY OF <br />FALCON HEIGHTS MINNESOTA <br />V~'HEREAS the City of Falcon Heights is in n~~d of addi- <br />tional tax revenue for police and fire prot~ion, street <br />maintenance, maintenance of the park and other properties <br />of the City, and other governmental purposes; and <br />WHEREAS the present levy iimit base payable in 19817 <br />was $400,853.00 based on a population of 5,770 persons; <br />and <br />EAS the City of Falcon Heights would be able to <br />increas is evy limit by 8 per cent of this levy limit base for <br />taxes levied in 1980 and payable in 1981; and - <br />WHEREAS the Minnesota Legislature has enacted a stat- <br />ute autho ' ing a - ime levy adjustment in the levy limit <br />ase of an a ditional 1 p cent and this law is known as <br />Laws, 1980 Chapter 607, rticle II, Section 21, and `~ <br />WHEREAS it appears to be in the best interests of the <br />City to raise additional revenues by making use of the <br />statutory authority to raise these additional funds on a one- <br />time adjustment to the levy limit base. <br />Nt~W, THEREFORE, BE IT RESOLVED by the City Council of <br />the City of Falcon Heights as follows: <br />The City Council praposes to raise the levy limit base of <br />.~ the City of ~"aicon Itei hts f m its present base of <br />$40 The increase aproposed is that of <br />$72,153.00, which consists of an 8 per cent increase <br />over the base authorized b prior iaw and an additional <br />/one-time increase of 1 or cent authorized by Laws <br />198 aper 607, A- rt- i~e I, Section 21. The proposed <br />increase would be for taxes levied in 1980, payable in <br />]981. The total levy limit base after the proposed in- <br />crease would be $473,006.00. <br />This resolution shall be published for four (4) successive <br />weeks in the official legal newspaper of Falcon Heights. <br />The hearing on the proposed increase shall occur on <br />Wednesday, August 13, 1980, commencing at 8:00 <br />o'clock P.M. at a regular meeting of the City Council, <br />City of Falcon Heights, at the City Hall, 1644 West Lar- <br />penteur Avenue, Falcon Heights, Minnesota. Interested <br />persons are invited to attend and participate. <br />ADOPTED BY THE CITY COUNCIL OF THE CITY OF <br />FALCON HEIGHTS THIS 16th day July, 1980. <br />Willis C.A. Warkentien, <br />Mayor <br />ATTEST: <br />Dewan Barnes, <br />Clerk-Administrator <br /> <br />