94-87 - 12-20 Authorize Net Tax Levy for 1995Resolution 94-87
December 20, 1994
Member Thompson introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, MINNESOTA
AUTHORIZING A NET TAX LEVY FOR 1995
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 1995 for the purposes
indicated:
General Fund Personal Services, Operating Expenses
and Capital Outlay
Street Improvement Debt Service Fund -
Street Improvement Levy
Fire Relief Levy
Bonded Debt:
1967 and 1969 Park and Recreation Area Bonds
Certificates of Indebtedness
1987 Storm Sewer Refunding Bonds
1988 Street Improvement Bonds
1990 Street Improvement Bonds
1991 Street Improvement Bonds
1992 Street Improvement Bonds
Total Gross 1995 Tax Levy
$ 40,000
325,000
475,000
40,675
45,955
72,640
62,530
$6,359,010
635,000
8,275
1,061,800
8,064,085
Less: Homestead and Agricultural Credit Aid (HACA) (1,756,770)
Total 1995 Net Tax Levy $6,307,315
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 1995.
Blair Tremer , or
ATTEST:
AINVA .
_ - ' 64-tZ2
Shirley J. N lsoCity Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
Russell; and upon a vote being taken thereon, the following voted in favor
thereof: Russell, Thompson and Tremere; and the following voted against: Johnson
and Micks; whereupon said resolution was declared duly passed and adopted,
signed by the Mayor and his signature attested by the City Clerk.