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r <br />yr <br />interest for one year on the then unpaid balance of the assessment. 'here <br />is also hereby levi�� upon all of the taxable property in the Village, a <br />direct, annual, ae valorem tax which shall be spread upon the tax ralle <br />for the years and in the amounts as follows, and shall be collected with <br />and as a part of other general taxes within the Village in the respective <br />ensuing years: <br />Year Amount <br />1960 $15,800 <br />1961 $19,800 <br />1962 $19,800 <br />1963 $19, 800 <br />1964 't $19, 800 <br />1965 $19,700 <br />1966 $19,600 <br />STATE OF MINNESOTA) <br />ss. <br />COUNTY pF RAMSEY <br />Year Amount Year ;mount <br />1967 $19, 500 <br />1968 $19,400 <br />1969 $19, 200 <br />1970 $19, 000 <br />1971 $18, 900 <br />1972 $18, 700 <br />1973 $18,500 <br />1974 $18,300 <br />1.975 $19, 900 <br />1976 $19,300 <br />1977 $18,600 <br />1978 $17,900 <br />1979 $17,200 <br />1980 $16,500 <br />It is estimated that the collections of said special assessments and Wes <br />Will produce at least five per cent in excess of the amounts needed each <br />sa!:• tq meet when due the principal and interest payments on the bowls <br />hue in authorized, no other bonds of the Village being presently parable <br />from the Improvement Bond Redemption Fund. All moneys collected therefrom. <br />shall lie and are hereby appropriated to the fund of said improvement and <br />to the4sprevement Bond Redemption Fund, and shall be accounted for and ex- <br />pended;in the manner provided in Ordinance No. 68 The full faith and <br />credit of the Village is also pledged for the payment of said bonds and in- <br />terest ,wa provided in said ordinance. <br />The motion for the adoption of the foregoing resolution was duly <br />seconded by Member Crate and upon vote being taken thereon, <br />the following voted in favor thereof: <br />Cana, Smith, Christensen and Hodges <br />and the following voted against the same: None. <br />whereupon said resolution was declared duly passed and adopted. <br />I, the undersigned, being the duly qualified and acting Clerk of <br />the Village of Mounds View, Ramsey County, Minnesota, hereby certify that <br />I bavev;cerefully compared the attached and foregoirg extract of Warates of <br />a meeting of the Village Council of said Village held on the date therein <br />indicated with the Jriginal minutes of said meeting on file in my office, <br />and that.the same is a full, true and correct transcript insofar as said <br />minutes relate to awarding the sale of A615,000 Waterworks Iemroveeent Bed <br />authorizing the issuance of said bonds, creating a sinkint, fund and providing <br />for toe support thereof by assgaments and the levy of taxes, and fixing the <br />1 form opp4 terms of said bonds. <br />MANE= my d o and the official seal of thy, Village <br />this' day of 7 1960. <br />r <br />1t (I■ r <br />Y age C e <br />-5- <br />