Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1913-08-29


3: rk1pAY. AUGUST .: 1913
preceding the second Monday in July, to
review, amend and equalize the work
of the city assessor, pursuant to the
general laws of the state. &asI5
B (c) Said board shah elect a secretary,
who shall keep q record Of its proceed
ings and it is hereby vested with all
the county board of equalization under
the general laws of the state, but shall
not be restricted by any limitations In
respect to reducing the aggregate sum of
the city assessor. z
"a. Every person aggrieved by an as
sessment shall have the right to appear
board and present his grievance for its
consideration.
le) The. city assessor shall revise his
decision Of said board, and after the
same shall have been certified by the
secretary of said board. shall transmit
to the county auditor such revised as
Monday in July, and unless otherwise
provided, the assessor shall proceed un-
der der the general laws of the state.
aggrieved by ~ any an, assessment s's may lay
the matter before the city Manager,
whose duty shall be to investigate the
ldClS COllIlecLeO WIN SuCn assessment De-
fore the next assessment is made. If
the Manager finds the grievance to be
true he shall Immediately make such
correction as may be necessary, in a
book to be kept for that purpose, and
make entry of such changes in the next
assessment books or bring the matter
before the next board of equalization for
refuse or neglect to act the complainant
may bring the matter before the city
council which shall take the necessary
steps to investigate the facts and adjust
the grievances, if any.
Sec. g..
(a) In order to provide for the certain
payment OF the bonds and debts of the
maintain a sinking fund, and for that
purpose shall levy upon all the taxable
property of the city such taxes as shall
come due during the next fiscal year,
upon all the bonds or debts Of said city
heretofore or hereafter issued Or con-
mill on the dollar of the assessed valua-
ton Of all such taxable property. to pro-
vide for the principal of said bonds or
debts when the same shall become due.
invest the money which shall constitute
the sinking fund for the redemption of
the city debt or any surplus of interest to
as they can in the purchase Of bonds issued
nv said city or bonds issued by Little
Falls school district at the market value
thereof or in the bonds Of the state of
Minnesota or in United States bonds.
notwithstanding the said state or United
States bonds may be above the par value
thereof; and deposit the. same in desig-
In case said city bonds cannot be pur--
deem it advisable: part or all of said
sinking fund may be deposited in one or
Banks, State or Private Banks, in tie
name of the city of Little Falls such
banks or banker shall be DESIGNATED by
the council after advertising in one or
more newspapers published in the CITY
of Little Falls for at least one week for
proposals. which proposals shall state
what security will be given to said city
interest will be paid on the amount SO
deposited. said funds with the accrued
interest shall be held subject to draft
designated by the council at the time Of
depositing said funds.
Before anv, National: State: Private or
Savings Bank or banks shall be desig-
banker shall deposit with the city a
surety bond PAYABLE to the said city Of
Little Falls which bond shall he an
proved by the city COUNCIL. and shall be
direct. which amount shall be at least
double the. amount Of the funds to be
deposited with such bank or nanker.
!c>. Whenever any of the moneys con-
shutting the sinking .f,,nd for the re-
demption of the city debt shall he re-
CURED for any such purchase or invest
r,ent deposit. or for the redemption Of
the city bonds at their maturity. the
amount Of money as required shall he
paid by the council nv a warrant on the
city treasurer signed by the president.
approved nv the Manager and attested by
the seal Of the city thereto attached.
I'd All taxes. except as otherwise
herein provided for special assessments.
shall be levied by resolution of the city
council. and no taxes shall be invalid
ner Of levying the same, nor because the
amount levied shall exceed the amount
required to be raised for the special pur-
pose for which the sum is levied. but in
such case the surplus shall go into the
fund to which such tax belongs and may
re applied to the further uses of such
fund. -
lel Whenever, previous to any of the
settlements provided for by law. there
shall be a lack of funds in the citv
treasury for any purpose, and there shall
be funds in the county treasury which
shall have been collected on account Of
city taxes Or assessments. the county
said CITY treasurer. advance and pay
over such sums as shall be estimated to
be the amount collected on account Of
such city taxes and assessments and
such advances shall be accounted for
and adjusted at the next regular settle
| ment Of said city.
The city treasurer shall also forthwith
after such settlement adjust and ap-
portion the funds so advanced among
the several city funds in his hands.
90 All appropriations ana expenses CT
the CITY not otherwise provided for. shall
be paid out of the fund for the current
expense of the city.