256262 ' �5s2��
aRf61NAL 70 CITY CL6RK
� CITY OF ST. PAUL H�E NC�� NO.
� . OFFICE OF THE CITY CLERK
COUNCIL RESOLUT ON—GENERAL FORM
PRESENTED BY
COMMISSIONE qTF
WHEREAS, Cha.pter 705 of La.ws of Minnesota for 1965 provides
for the conversion of Special School District No. 2 to Independent
School District No. 625; and
WHEREAS� The Saint Paul Teachers' Retirement Fund Association
has established its budget for 1972 in the sum of $4,596,701.00; and
WHEREAS! Said Statute requires the Council of the City of Saint
Paul to certify a tax levy for the support of the Saint Paul
Teachers' Retirement �'und Association; and -
WHEREAS� Said Saint Paul Teachers' Retirement Fund Association
certifies that funds ha.ve been received from the State Auditor,
pursua.nt to Cha.pter 32, La.ws of Minnesota for 1967, Extra Session�
as amended by Cha.ptsr 485, Section 38, Subdivision 3� La.ws of
Minnesota for 1969� in the amount of $3,022,075.99; and
. WHEREAS� The City Comptroller certifies that there is rema.ining
as of Deeember 31, 1970, a balance in the said Association' s Trust
Fund in the amount of $23,368.93; now, therefore, be it
RESOLVEDt By the Council of the City of Saint Paul, that it
hereby approves the budget as submitted by the Saint Paul Teachers'
Retirement Fund Association for the year 1972 in the amount of
�L $4,596,701.00, from which $3,022,075.99 and $23,368.93 are hereby
c' deducted, leaving a balance of $1,551,256.08, and there is hereby
�� levied a tax in the amount of $1,551,256.08, together with an
o `� additional one and one-ha.lf percent estimated tax shrinka.ge in the
� � amount of $23,268.84, or a total tax levy in the sum of
� o $1,574,524.92; and, be it
a.
FURTHER RESOLVED, Tha.t in accordance with La.ws of Minnesota,
� his levy is certified with the understanding tha.t portions thereof
o Q will be financed by rebates from the State of Minnesota from other
�,,, taxes imposed by law as a replacement of sums which would otherwise
be. lewied against real and personal property; and, be it
COUNL"'ILMEN Adopted by the Council 19—
Yeas Nays
Butler
Carlson Approve� 19—
Levine _�n Favor
Meredith
Sprafka Mayor
A gainst
Tedesco
Mr. President, McCarty
��
�,�,N;�.o �,����K 25526�
� CITY OF ST. PAUL HLENCIL NO
r . OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION—GENERAL FORM
PRESENTED BY
COMMISSIONER DA�
�•
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 the same as a separate item in each tax settlement to the
City of Saint Paul; and be it
FURTHER RESOLVED, Tha.t the Comptroller of the City of Saint
Paul is hereby directed to credit all tax settlements and charge
all payments to said Association in the Trust Fund established for
the Teachers� Retirement Fund Association levy; and be it
FINALLY RESOLVED, Tha.t the Council hereby directs the 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 and to the Saint Paul Teachers' Retirement �
Fund Association.
COUNCILMEN Adopted by the CounciN OV 519.71� 19—
Yeas Nays
�ri N OV 8 1971
��_ ppro 19—
Levine
�n Favor
aUf ar�r a'��
�
Sprafka yor
T.ee�es�v-� J Against
� I ".. �
Mr. Wice President Meredith �. NOV 1319T1
��
Nov. 8, 1q71
Hon. Lc►u A�eKet�una
Caunty Auc�.i�tor
Cvt�t Hova�e
De�r S3.r:
Attached i� a certi�'i.ed capy of Cou¢�.cil File No. 25���,
e�dapted Nov. 5, 19'71, aPProved Nov. 8� 19'7�� �-+��5►"i� a
t� � ��,� �unt Q�' $1,57�,52�+092 for the support of
the St. Paul Teachers' Retixement Fund Association, as
�ore fully described in the resolutiono
Very truly yours�
City Cl.erk
�