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98-104 - 12-15 Authorie Net Tax Levy for 1999Resolution 98-104 December 15, 1998 Member Johnson introduced the following resolution and moved its adoption: RESOLUTION OF THE CITY OF GOLDEN VALLEY, MINNESOTA AUTHORIZING A NET TAX LEVY FOR 1999 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 1999 for the purposes indicated: General Fund - Personal Services, Operating Expenses and Capital Outlay $6,729,800 Park Improvement Levy Street Improvement Levy Bonded Debt.- Certificates ebt: Certificates of Indebtedness 1987 Storm Sewer Refunding Bonds 1990 Street Improvement Bonds 1991 Street Improvement Bonds 1992 Street Improvement Bonds 1995 Street Improvement Bonds 1996 Street Improvement Bonds 1998 Street Improvement Bonds Total 1999 Gross Tax Levy Less: Homestead and Agricultural Credit Aid (HACA) $410,000 545,000 39,005 78,945 49,015 39,320 164,095 669,435 115,000 345,000 1,994,815 $9,184,615 (1,735,520) TOTAL 1999 NET TAX LEVY $7,449,095 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 1999. Resolution 98-104 - Continued ATTEST: Shirley J. Nelson, City Clerk December 15, 1998 Mary E. Anderson, Mayor The motion for the adoption of the foregoing resolution was seconded by Member Bakken and upon a vote being taken thereon, the following voted in favor thereof: Anderson, Bakken Johnson, LeSuer, and Micks; 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 City Clerk.