#007 02-05-57 Assessments Cigarette and Liquor Taxes1
Resolution No. 7
February 5,1957
Member Rahn introduced and read the following resolution and moved its
adoption:
RESOLUTION URGING ENACTMENT OF LEGISLATION
PRDVIDING FOR EXTENSION OF SPECIAL ASSESS-
MENTS AND RETIREMENT OF CERTAIN BONDED IN-
DEBTEDNESS OVER A PERIOD OF 30 YEARS AND
FOR APPLICATION OF SHARED PORTION OF STATE
CIGARETTE AND LIQUOR TAXES TO RETIREMENT
OF SPECIFIC INDEBTEDNESS
WHEREAS, bills will shortly be introduced and presented to the session
of the Minnesota State Legislature not in session, having the follow-
ing objectives:
1. To enable municipalities to levy special assessments for and retire
bonded indebtedness incurred in connection with various public improve-
ments, including specifically, but not exclusively, sanitary sewers,
over a period of thirty (30) years,.rather than twenty (20) years,
2. To enable municipalities sharing in proceeds of the state cigarette
and liquor tax to allocate or pledge anticipated revenues from this
source to the retirement of bonded indebtedness incurred in connection
with public improvements, which bonded indebtedness may presently be
retired only by the levy of general ad valorem taxes, Now Therefore,
BE IT RESOLVED, by the Village Counc.U. of the Village of Golden Valley,
that it urge the present legislature to pass these proposed°bills., and
BE IT FURTHER RESOLVED, that the proper officials of the Village of
Golden Valley are hereby authorized and instructed to request the
Hennepin County delegation in the legislature to sponsor and work for
the passage of this legislation. n „
ayor
ATT,ESTa / / I-
' v7alp a
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'v7alpa u.lerK—
The motion for the adoption of the foregoing resolution was duly
seconded by Member Stark and, upon vote being taken thereon, the
following members voted in favor thereof: Bies,Nadasdy, Rahn, Stark,
and Terehi; and the following voted against the same: None, whereupon
said resolution was declared duly passed and adopted, signed by the
Mayor, and his signature attested by the Clerk.