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HomeMy WebLinkAboutResolution 65-15 RESOLUTION BE IT RESOLVED by the City Council of the City of Columbia Heights~ IH view of MSA ~75.55~ Subdivision !~ which in part provides that no Municipality shall incur or be subject to a net debt in excess of 20~ of the assessed va!ue~ and ~ In view of MSA ~75.753 which in part states that a!!municipalities are subject to the provisions of Mtmnesota Statutes Chapter ~75 Ln the issuance of obligations~ and may incur indebtedness to the extent of~ but not in excess of~ the debt limit in said chapter notwithstanding any home rule charter provision or charter law adopted prior to April i~ i951. Nothing herein shall prevent the adoption after that date of additional debt !~aitations ox restrictions. And~ in view that the charter of the City of Columbia Heights was adopted on June 9~ i921~ and limits the Lndebtedness to 10~ of the assessed vaiuation~ It is the intention of the City Council of the City of Columbia Heights to utilize the State laws amending the limit of the City of Columbia Heights to 20~ of the assessed valuation. Passed this 14th day of June~ 1965 Offered by: Seconded by: Roll Call- Land Orendorff All Ayes. Secretary of City Council MAYOR Vera B. Eriesel Bex~adette 0' Sl~ea Rath Olsc~ Alpha Bissett Edith Haluska E~ma True ~ Ali~e Pa~ae Beatrice Dierl ir~ Abbie Ei~naa C~meva Haas Nima V~uF!eet EL~ETI~; ~UDGE APPLIOATI~ --1~ 4!57 943 - ~ Ave. ~233 9~4 - ~ Ave. 4402 4763 Heights Dri~m 441o stin~m B!vd, 476~ ~i~ Crest Fourth Pree~ ~ean~r ~aaffer i~uth Miller Sixth Prec~ Jea~ ~7.eury ~s~b~r Poller Theresa Mancus~ Anna ~derscm 3~!8 v~ ~67 3~7o 3966 4932 Please Five e!ccti~ judges tc b~ a~?oint, d by the cc~nci! fr~ each precinct, i~ the case o~ the ~th precinct, Este!te has bee~ contacted ~ud i exocct ~u app!icat!o~ in thc m~3_ tc~orr~w Norma T~rvik 3912 Hayes