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Agenda - Council - 02/10/2009
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Agenda - Council - 02/10/2009
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3/18/2025 3:48:53 PM
Creation date
2/5/2009 12:38:22 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
02/10/2009
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<br />determination to the City, the County and the Trustee within five (5) Business Days after the <br />date of the Certificate, then the City shall be relieved of its obligation to make the deposit <br />pursuant to subsection (a), and shall instead be obligated to reimburse the ACHRA for the <br />amount deposited on the next January 1 or July 1. <br /> <br />Section 3.4. Source of Operating Deficit Amounts. The City agrees to levy a tax on <br />all taxable property within its boundaries, as necessary to fund its obligation pursuant to <br />Section 3.3 above. <br /> <br />7 <br /> <br />OPERATING DEFICIT AGREEMENT <br />CITY OF RAMSEY <br /> <br />-216- <br />
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