HomeMy WebLinkAboutgr00090_000017_pg69The collections of said taxes shall be credited and paid into the
Improvement Bond Redemption Fund of the Village.. It is hereby
estimated that the collections of the special assessments described
in paragraph 4 hereof and of the taxes herein levied, and all other
taxes and assessments heretofore levied and appropriated to said
fund, will produce at least five per cent in excess of the amounts
needed each year to meet when due the principal and interest payments
on the bonds herein authorized, and on all other bonds of the Village
payable from the Improvement Bond Redemption Fund.
The motion for the adoption of the foregoing resolution was
duly seconded by Member Lang, and upon vote being taken thereon,
the following voted in favor thereof: Rustad, Blanchard, Johnson
and Lang
and the following voted against the same: none
whereupon said resolution was declared duly passed and adopted.
The State Aid Fund program applicable to Mounds View road
projects was discussed at great length.
Motion by Blanchard to accept final plans and specs from Comstock
and Davis for street improvement project 1966 -7 and 1966 -8. Seconded
by Lang. 4 ayes.
Motion by Rustad to advertise for bids for street improvement
projects 1966 -7 and 1966 -8. Bid closing date will be July 18, 1966
at 12:30 p,m. Seconded by Blanchard. 4 ayes.
The Maintenance Department was instructed to replace posts along
Spring Lake Road at Spring Lake.
Motion by Blanchard to adopt Resolution 243 egarding appor-
tionment of assessments. Seconded by Rustad 4 ayes
Mr, Skiba was authorized to purchase a mower for the Ford
Tractor in the amount of $394.74. The bill will be split between
the Recreation and Road Fund.
Motion by Lang to adjourn. Seconded by Rustad. 4 ayes.
Meeting adjourned at 9:00 p.m.
Respectfully submitted
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Lloyd Blanchard
Village Clerk