96-102 - 12-16 Authorize Net Tax Levy for 1997Resolution 96-102
Member introduced the following resolution and moved its adoption:
December 16, 1996
40 RESOLUTION OF THE CITY OF GOLDEN VALLEY, MINNESOTA
AUTHORIZING A NET TAX LEVY FOR 1997
1.
•
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota as follows:
There is hereby approved a General Tax Levy for 1997 for the purposes',indicated:
General Fund - Personal Services, Operating Expenses and Capital Outlay
Street Improvement Debt Service Fund - Street Improvement Levy
Bonded Debt:
1967 & 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
1995 Street Improvement Bonds
1996 Street Improvement Bonds
Total 1997 Gross Tax Levy
Less: Homestead and Agricultural Credit Aid (HACA)
TOTAL 1997 NET TAX LEVY
$40,000
370,000
515,000
31,480
42,$60
79,060
58,605
34,620
177.600
$6,521,000
981,075
1.348.925
$8,851,000
(1.736.105)
$7.114.895
2. That the City Clerk shall cause a copy of this resolution to be certified to the County Auditor so
that said sum shall be spread upon the tax rolls and will be payable in the year 1997.
Mary E. Anderson, Mayor
ATTEST:
Shirley J. Nelson, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
upon a vote being taken thereon, the following voted in favor thereof:
..d the following voted against the same:
whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her
signature attested by the City Clerk.