87-100 - 10-06 Authorize Tax Levey for 1988Resolution 87-100
October 6, 1987
Member Thompson introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, HENNEPIN COUNTY, MINNESOTA
AUTHORIZING A TAX LEVY FOR 1988
BE IT RESOLVED by the City Council of the City of Golden Valley, Hennepin
County, Minnesota as follows:
I. There is hereby approved a Tax Levy for 1988 for the purposes indicated:
General Fund Personal Services, Operating Expenses
and Capital Outlay $4,226,450
Bonded Debt:
1967 & 1969 Park and Recreation Area Bonds $ 80,000
Certificates of Indebtedness 236,400
1983 Storm Sewer Bonds - 1 Mill Levy 270,000
1985 Storm Sewer Bonds 550,000
1,136,400
Total 1988 Tax Levy $5,362,850
2. That the City Clerk is directed to advise the Hennepin County Auditor that
the City of Golden Valley requests the Auditor to raise the sum of $5,362,850
through ad valorem property taxes collectible in 1988 for general purposes
and bonded debt and to further advise the Auditor that the above sum
includes the necessary levy for the Public Employees Retirement Association
and that per capita excise tax monies have been taken into consideration and
have not been included in the amount requested.
Mary E. A erson, Mayor
ATTEST:
u Nal y, Deputy ty Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
Johnson and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Bakken, Johnson, Stockman and Thompson; and the following
voted against the same: none, whereupon said resolution was declared duly
passed and adopted, signed by the Mayor and her signature attested by the Deputy
City Clerk.