Resolution 48-98 Approving Bond Levy
APPROVING 1999 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.
THEREFORE 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 1998 payable in 1999 for all property in the City of Mountain Iron:
General Obligation Community Center Bond levy shall be $86,536.00
The City Administrator is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Saint Louis County, Minnesota, prior to December 28, 1998.
Passed and approved this 21st day of December, 1998.