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#172 07-20-70 Approve Constitutional Amendment No. 1Resolution No. 172 July 20, 1970 Member Bies introduced the following resolution and MOVED its adoption: RESOLUTION (Constitutional Amendment No. 1) WHEREAS, the Village, School District and County are primarily dependent on the local property tax to finance services, and WHEREAS, they are concerned about the steady growth in tax exempt property and the interpretations that have led to the growth in tax exempt properties, and WHEREAS, such growth in tax exempt property is self-defeating and narrows the tax base, BE IT RESOLVED, that the Golden Valley Village Council endorse Amendment No. 1 and urge its adoption by the electorate of the State of Minnesota. Mayor Attest: r Village Clerk The motion for the adoption of the foregoing resolution was duly seconded by Member Jensen, and upon vote being taken thereon the following members voted in favor thereof: Bies, Jensen, Paulson, Stockman, and Teresi; 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 Village Clerk. 1