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City of Mountain Iron, Minnesota



Resolution 55-00 Adopting Market Rate Levy

RESOLUTION NUMBER 55-00

APPROVING 2001 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 Mountain Iron, Minnesota, that the following market rate based levy shall be made in 2000 payable in 2001 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.

Duly adopted by the City Council this 18th day of December, 2000.

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