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RESOLUTION NO. 6650 ^'
RESOLUTION ADOPTING A LEVY IN A SUFFICIENT AMOUNT TO PAY ACCUMULATED
OR ANTICIPATED DEFICIENCY ON A $100,000 DISEASED SHADE TREE CONTROL
GENERAL OBLIGATION IMPROVEMENT BOND.
BE IT RESOLVED, by the City Council of Stillwater, Minnesota, as follows:
Section 1. The City, being authorized by Minnesota Statutes Section
18.023, Subd. 7, and Minnesota Statutes Section 429.091, have issued General
Obligation Improvement Bonds for the purpose of contracting for the sanitation
and approved treatment of diseased shade trees on private property. The City
adoped a Resolution issuing the improvement bond on June 5, 1979, and amended
the Resolution an June 12, 1979.
Section 2. The City, being authorized by Minnesota Statutes Section
429.091, Subd. 2, does hereby resolve that any assessments against benefited
property that are levied by the City to secure payment of the bonds issued
pursuant to Resolution No. 6644 shall bear interest at the rate of six percent
per annum.
Adopted by the Council this 12th day of June, 1979.
Published: June 22, 1979
Attest:
Clerk
Mayor
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