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Res 1979 -109 Establishing Tax Levy to Finance Waterline Reconstruction
- , Y ' . , . . � . , � ` � . - . . . . . � . - , � " : � , . , j � ' _ CITY OF MENDOTA HEIGHTS ' . ' , , � � _ ' � DAKOTA COUNTY, MINNESOTA -. � _� � _ ' • � - ' � RESOLUTION N0. 79-109 - . . . -' " RESOLU�ION ESTABLISHING TAX LEVY TO FINANCE � � . � ' `WATERLINE RECONSTRUCTION • - . , WHEREAS, the City Council has approved plans for Happy Ho low Bridge , � reconstruction and also approved a utility agreement with Mn/D T for the , • ` reconstruction of sewer,and water lines on the new bridge stru�ture.;_and ',� - - . ' ' " ` 1 ' E - ' WHEREAS, the estimated_cost for reconstructing such sewer' and water • , utility lines is one hundred and�thirty-eight thousand do'llars ($138,000.00);, � • and . �' ' � ' ' ' ' ' . 3 a ' " . . . . . . y . _ WHEREAS, there are no operating;funds available to pay'for such utility r . _ line costs; and • , . , ' � . , . - �• � . - . • - . . ' ' •, , . _ � , ` ,w � •, ' , WHEREAS, Improvement Bonds of 1978 can be used for t�he payment of the � _ . � water utility line in the amount of some sixty-eight�:thousand.".dollars� � • - _ ($68,000.00) ;�'and • - � ' _ ` �- ' ; • , . `� , .. . , - -WHEREAS, the debt service'for such costs can be financed hrough an ad ' - yalorem tax levy; ' ' � ,� . - - � • , . �.�, � - NOW THEREFORE BE IT RESOLVED by the City Council� this six� eentFi::da.y'�of Oct- � ' DY�er,r"•%. 1979 that a Bond Levy of $5,700.00 a year be and is her�by established to finance the cost of water line improvements on the new Happ�y Hollow ,° Bridge; ' , � . ' . , � - . � a .. . �� . - _ - ' BE IT FURTHER RESOLVED that the�financing of the sewer utility line be`financed at a later date by other financing means. � �• . ' � . ' . " _ , - � > ' ' Adopted by the City Council of the City of Mendota Heights thi Saxt�eenth . ' � day of �etob�r, i.7:979. ' ' , � • ' . _ ' � , � ,. ' � ; , � . - � • • CITY COUNCIL t � � . , • CITY OF MENDOTA F3EIGHTS . - ' .� gY �j�Q�'�""� q,� � ` ;� /� � " • . � ' �. . Robert G. Lockwo�d r . . _ • ' . Mayor � . # . t � ' _ _ _ - t . ` ti • ' , , , ATTEST: , ' _ ; • � . ' - �. �«��,� :�,� ,.+"�4 . � �� : :;.'� � ` >�" f;'' r 's i� .rk� � ' ', , . �, : , y . . _ ;� �, r� • _ 1: '4'� • t, '� " �'�t� w �, r ; . - �'�'�S'4 't 1' �{t;�r�T� r�, rx.. } #. 6..4 ��� ;i.�."a�� . . , � � ����'l : .: i .,-'4'�/�'t �-tt `�,�, ...;'�t'��.:�E} . � . �fC�Z=tiGGcs�J -.�-cttiL�. � r . r . � _ ,1�' ' � ` _ , K hleen M.'Swanson , ..,,�, �x,� i,:,� „�,a �_,� � ' . - +� - . . City Clerk •��kti 'w ,h t -��,�'a. ?� i. �. �� �-��M�r tt� F t, S: +�� ` � . F - _ ` " , ,�. � , ; y, Aa ' � �' " t kI� �IP} ,i'F = � � ..P �.; � t.�'�� - ,. , � _ , . , *�* '4'r � w i T . � . .., It ��1fi _ ' ' ' ' ' . ' � . � _ • . . ; � , ^, s Y ' • •. � , ' � 4 • . , . _ � � �. ' . ' . � n. - � 1 ' � ,