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City of Mountain Iron, Minnesota



Resolution 53-02 Bond Levy

RESOLUTION NUMBER 53-02

APPROVING PROPOSED 2003 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, 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 2002 payable in 2003 for all property in the City of Mountain Iron:

General Obligation Community Center Bond levy shall be $86,478.00

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 16th DAY OF DECEMBER, 2002.

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