Resolution 24-05 Setting Market Rate Levy
APPROVING PROPOSED 2006 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 2005 payable in 2006 for all property in the City of Mountain Iron:
General Obligation Community Center Bond levy shall be $86,504.00
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 15th DAY OF AUGUST 2005.