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91-062 . . . RESOLUTION NO. 62-91 A RESOLUTION URGING THE HENNEPIN COUNTY BOARD TO ADOPT A LOCAL OPTION SALES TAX WHEREAS, the final tax bill passed by the Minnesota Legislature on May 20th, 1991, contains $34,000,000 in new City Aid cuts; and WHEREAS, such city aid cuts is a four percent reduction in revenue base for the year 1991 for the operation of the City of Shorewood; and WHEREAS, under the final tax bill, if Hennepin County fails to adopt a one half percent additional sales tax, the County and its cities and Townships will lose all of their traditional State Aids; and WHEREAS, the failure of Hennepin county to adopt said one half cent additional sales tax the difference between a six percent and four and one half percent sales tax goes into a local Government Trust Fund as a windfall for all local governments in the other counties; and WHEREAS, the State has given Hennepin County until July 1, 1991, to adopt the local sales tax. NOW, THEREFORE, BE IT RESOLVED that the Shorewood City Council encourages the Hennepin County Board to adopt the one half cent additional local option sales tax by July 1, 1991. ADOPTED BY THE CITY 10th day of COUNCIL OF THE CITY OF SHOREWOOD this June , 1991. J1.4~~~</ arbara J/,c rancel, Mayor ATTEST: c~ ames c. Hurm ity Administrator Roll Call Vote: Ayes - Nays -