Resolution 08-10 Approving Market Rate Levy

RESOLUTION NUMBER 08-10

APPROVING PROPOSED 2011 MARKET RATE BASED REFERENDUM LEVY FOR THE GENERAL OBLIGATION COMMUNITY CENTER BONDS AND INTEREST

WHEREAS, in February 1998 the voters in the City of Mountain Iron approved a market rate based referendum levy for bonds and interest to construct the Mountain Iron Community Center.

NOW, THEREFOR BE IT RESOLVED, by the City Council of the City of Mountain Iron, County of Saint Louis, Minnesota, that the following market rate based levy shall be made in 2010 payable in 2011 for all property in the City of Mountain Iron:

General Obligation Community Center Bond levy shall be $83,811.00

The City Administrator is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Saint Louis County, Minnesota.

DULY ADOPTED BY THE CITY COUNCIL THIS 7th DAY OF SEPTEMBER, 2010. 

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Mayor Gary Skalko
ATTEST:

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City Administrator