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264585 WHI7E - CITV CLERK P�� �- FINANCE GITY OF SAINT PAUL F le ci1NO �s458� ARV -nEPARTMENT B E - r�JIAYOR � C ci esolution Presented By Referred To Committee: Date Out of Committee By Date WHEREAS, Chapter 705 of the La.ws of Minnesota for 1965 provides for the conversion of Special School District No. 2 to Independent School District No. 625; and WHEREAS, Cha.pter 599, Laws of Minnesota for 1971, Regular Session, which law amends Laws of 1959, Cha.pter 690, Section 3, as amended, reads in part: '`The said City, for the purpose of provid- ing moneys for the payment of its severance pay obligations under any such ordinance, hereby is authorized and empowered, by resolution of its Council, in addition to all other powers possessed by said City and in addition to and in excess of any limitation upon the amount it is otherwise authorized by law to levy as taxes, to levy taxes annually not exceeding in any one year the amount equa.l to 40/100 of one mill upon each dollar of the assessed valua.tion thereof for public schools, upon all taxa.ble property in said City, exclusive of moneys and credits, which taxes as levied sha.11 be spread upon the tax rolls, and all collections thereof shall be paid into the treasury of said City, therein to be allocated t�.erefor and to be disbursed and expended by said City in payment of any such �ublic school severance pay obligations anci for no other purposes: ; now, therefor be it RESOLVED, By the Council of the City of Saint Paul, th�.t it hereby approves the sum of $190,329 .00 for severance pay for em- ployees of Independent School District No. 625, and hereby levies a tax for 1975 in the amount of $101,332 .00, including estimated shrinka.ge in the amount of $1,003.00; and be it FURTHER RESOLVEI�, Tha.t in accordance with the La.ws of Minnesota, this levy is certified with the understanding that portions thereof will be fina.nced by rebates from the State of Minnesota from taxes imposed by law as a replacement of sums which would otherwise be levied against real and personal property; and be it COUNCILMEIV Requested by �p��Y� -.fJ�-� Yeas Nays Christensen ROgef A. Mattsan Hozza [n Favor Levine Roedler Against BY g Sylvester Tedesco Prgsident Hunt Adopted by Council: Date Form Approved by City�ttorney ; • � Certified Passed by Council Secretary BY By Approved by Mayor: Date Approved by Mayor for Submission to Cou c' /�'r/,i(�C� �� — f - By WHI7E — CITY CLERK . PINK — FINANCE GITY OF SAINT �PALTL Council �64585 CANARV—DEPARTMENT BL�E —�ie1AVOR File NO. " Council Resolution Presented By Referred To Committee: Date Out of Committee By Date 2 . FURTHER RESOLVED� Tha.t the County Auditor is hereby requested to spread such tax levy as a separate item in its tax rate and to report same as a separate item in each tax settlement to the City of Saint Paul; and be it FURTHER RESOLVED, Tha.t the Finance Depa.rtment - Accounting Division of Saint Paul is hereby directed to credit all tax settlements and cha.rge all pa.yments in the trust fund established for school severance pay; and be it FINALLY RESOLVED, Tha.t the Gity Council hereby directs its City Clerk to forthwith certify this tax levy resolution to the County Auditor of Ramsey County and a copy of the same to Independent School District No. 625. COUNCILMEI�1 Requested b�i'bcp�al�h��ltQf:�Z -� Yeas Nays Kager A. 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