Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1920-04-02

(b). Said board shall elect q Secre-
tary who shall keep record Of its Pro, Pro
all powers which are or may be vested
in County Boards of Equalization under
the general laws Of this state, but shall
respect to reducing the aggregate sums
turned BY the City Assessor:
Co. ANY SOP ny an es
before such board in person or by ct
torney and present such grievance for
it's consideration.
emit at all meetings of the said board
to present all facts relating to the as
sessments. and shall revise his assess
sen so sa ana aten
shall have been certified by the secre-
tary of said Board shall transmit to the
County Auditor such revised ID assess assess;
Monday in July Of each year. and Unless
otherwise provided the assessor shall
proceed under the general laws Of the
(e). Any person who deems himself
the matter before the City Clerk whose
duty it shall be to investigate the fscts
the next assessment is made. and if he
finds the grievance to be true he shall
Immediately make such correction as
for that he purpose ana D make entry 81
such changes in the next assessment
books or bring the matter before the
CITY Assessor or before the next Board
of seq e. fS f8S
order to provide for the payment Of the
bonds and debts Of the City. the City
and for that purpose shall levy upon all
taxes as shall be sufficient to pay the
sca yeaT Upon ali fq Sonds
Of indebtedness or other indebtedness
Of said City heretofore or hereafter
issued or contracted and an additional
sessed valuation of all such taxable
property for the principal Of said bonds.
certificates OF indebtedness or other In
debtedness when the same shall become
The Mayor. the President Of the City
Council. and the Chairman Of the q:
ssa a1 1d the ka CITY
Commissioners of the Sinking Fund of
the City Of Little Falls and such Com
missioners shall have charge and con-
troll of such sinking fund. Any two of
said officers above named are hereby
authorized aad required to discharge the
trusts and duties vested in them by the
be, entitled to receive any additional
salary or compensation for such SER
:(b). Such Commissioners shall. from
shall constitute the Sinking Fund for
the redemption of the city debt Or any
surplus Of interest to the credit Of the
they can in the purchase Of bonds is
sued by said City or bonds issued by
Little Falls school district at the mar
State Of Minnesota or in United States
State or United States bonds may be
above par value thereof, and deposit the
o6 a G
preference at all times be given to the
purchase Of bonds: certificates or obi:
secured at reasonable rates.
49,. (c). Whenever any part of said
Sinking Fund shall have been invested
in this act and such commissioners
the best interest Of the said City to
any e part al Gf sSsh soa aay eH
scription Of such bonds or cover such
proceeds into the City Treasury or de-
post the same as hereinafter provided
power to sell any such bonds at not less
than market value thereof and rein
vest or deposit the proceeds thereof.
debtedness or other obligations Of the
city can not be purchased at rar value
and such Commissioners shall deem
aI BE- dr Of ed Of ssd
desig nated National Banks. state Banks
Savings Banks. or Private Banks in the
name Of the City Of Little Falls. Such
mated by the Council after advertising
the City Of Little Fails, for at least one
shall state what security shall be given
to to- such City for such funds and what
deposited "naa4 said al funds with the ACCRUED
payment from and after the time to be
designated by such Commissioners at
the time of depositing said funds.
Savings Bank or Banks or Banker shall
bank or banker shall deposit with the
! Of little Fails Which bond shall i'' be ap,
proved by the City Council and shall be
in such amount as said Council shall
, direct. which amount shall be at least
deposited with such bank or banker.
constituting the sinking fund for the
CURED for any purchase. investment or
city bonds or certificates Of indebted.
money SO required on such payment
on the warrant Of such commissioners
the City Clerk shall attest said warrant
and affix the seal Of the City thereto.
| Sec. GO. JUDGMENTS AGAINST CITY
! If any final judgment at any time be
recovered against such City, the City
Council shall at the time of making the
next annual tax levy after the rendi-
ton of such Judgment assess q special
tax upon all the taxable property in the
City sufficient to pay such judgment
In case of failure to collect taxes or for
! other cause such levy shall prove insult
! flcient, new taxes shall be levied until
the whole Of such Judgment is paid
collected over the payment Of such
Sec: !: REM1ssf5oN OF JUDO.
: MENTS.-No penalty or Judgment re-
/ covered in favor Of said City shall be
RENTED or discharged. except by 8
vote Of two-thirds (2-3) of the City
| Council.
CHAPTER vi
Local improvements and Special A.
seasme1ts
| Sec. IS. POWER TO MAKE ANE
ASSESS COST.-The City Of Little Falls
/ shall have power to create. provide for