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" r RESOLUTION NO. 1975 -34* <br />` Pursuant to due call and notice thereof, a regular meeting. of <br />the 0,14.- Onunnil of the City of Hugo <br />Minnesota, was held at the City of Hugo on Monday the <br />6 day of October 1975 . at 7 o'clock P.M., with the follow- <br />ing members present: <br />Lease, LaValle, Leroux and Schletty <br />and the following members absent: <br />Smith <br />Member LaValle introduced the following resolution and moved <br />its adoption: <br />BE IT RESOLVED By the City Council of the City of <br />Hugo , Minnesota, as follows: <br />(1) That there is now on hand in and is hereby irrevocably appro- <br />priated to the sinking fund for the retirement of principal <br />and interest on Waterworks Improvement Bond Of 1961 <br />ated May 1 , 1901, the sum of $ 68.466.00 . <br />(2) That the County Auditor of County <br />is hereby requested and directed to reduce y $_6,450,00 the <br />taxes levied for collection in the next ensuing year for payment of the <br />said principal and interest, pursuant to Minnesota Statutes. Sec. 475.61. <br />The motion for the adoption of the above resolution was duly seconded <br />by member __Leroux , and upon a vote being taken thereon, the follow- <br />ing members voted in favor thereof: <br />Lease, LaValle, Leroux and Schletty <br />and the following voted against the same: <br />• None <br />whereupon said resolution was declared duly passed and adopted. <br />STATE OF MINNESOTA ) <br />) SS. <br />COUNTY OF Washington ) <br />I. the undersigned, being the duly qualified and acting Clerk of <br />City o� f Hugo Minnesota <br />DO HEREBY CERTIFY that I have carefully compared the attached9and fore- <br />oing extract of minutes of a meeting of the governing body of the above <br />unicipality held on the date therein indicated, and that the same is a <br />full, true and correct copy of said minutes, insofar as the same relate <br />to the declaration of excess funds on hand in the sinking funds for <br />