93-098 - 12-20 Authorize Net Tax Levy for 1994Resolution 93-98
December 20, 1993
Member Thompson introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, MINNESOTA
AUTHORIZING A NET TAX LEVY FOR 1994
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota
as follows:
1. There is hereby approved a General Tax Levy for 1994 for the purposes
indicated:
General Fund Personal Services, Operating Expenses $6,338,910
and Capital Outlay
Street Improvement Debt Service Fund -
Street Improvement Levy 300,000
Fire Relief Levy 33,550
Bonded Debt:
1967
and 1969 Park and Recreation Area Bonds
$ 40,000
Certificates of Indebtedness
300,000
1987
Storm Sewer Refunding Bonds
450,000
1988
Street Improvement Bonds
42,535
1990
Street Improvement Bonds
47,605
1991
Street Improvement Bonds
35,630
1992
Street Improvement Bonds
64,300
980,070
Total Gross 1994 Tax Levy
7,652,530
Less: Homestead and Agricultural Credit Aid
(HACA)
(1,747,880)
Total 1994 Net Tax Levy
5 904,650
2. That the City Clerk shall cause a copy of this resolution to be cer-
tified to the County Auditor so that said sum shall be spread upon the
tax rolls and will be payable in the year 1994.
ATTEST:
71
Shirley Ne son, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
Stockman, and upon a vote being taken thereon, the following voted in favor
thereof: Bakken, Johnson, Russell, Stockman and Thompson; and the following
voted against: none; whereupon said resolution was declared duly passed and
adopted, signed by the Mayor and his signature attested by the City Clerk.