99-115 - 12-21 - Authorize Net Tax Levy for 2000 Resolution 99-115 December 21, 1999
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, MINNESOTA
AUTHORIZING A NET TAX LEVY FOR 2000
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 2000 for the purposes indicated:
General Fund - Personal Services, Operating Expenses and Capital Outlay $6,644,500
Park Improvement Levy 220,000
Street Improvement Levy 200,000
Bonded Debt:
Certificates of Indebtedness $450,000
1987 Storm Sewer Refunding Bonds 580,000
1990 Street Improvement Bonds 37,135
1991 Street Improvement Bonds 75,735
1995 Street Improvement Bonds 43,920
1996 Street Improvement Bonds 163,655
1998 Street Improvement Bonds 674,640
1999 Street Improvement Bonds 240,000
2,265,085
Total 2000 Gross Tax Levy $9,329,585
Less: Homestead and Agricultural Credit Aid (HACA) (1,759,215)
TOTAL 2000 NET TAX LEVY $7,570,370
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 2000.
Resolution 99-115 - Continued December 21, 1999
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Mary (Anderson, Mayor
ATTEST:
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Shirley J. son, City Clerk
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.