01-73 - 12-18 - Authorize Net Tax Levy for 2002 Resolution 01-73 December 18, 2001
Member Bakken introduced the following resolution and moved its adoption:
RESOLUTION OF THE CITY OF GOLDEN VALLEY, MINNESOTA
AUTHORIZING A NET TAX LEVY FOR 2002
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 2002 for the purposes indicated:
General Fund - Personal Services, Operating Expenses and Capital Outlay $7,947,120
Bonded Debt:
Certificates of Indebtedness $520,000
1987 Storm Sewer Refunding Bonds 640,000
1996 Street Improvement Bonds 46,055
1998 Street Improvement Bonds 670,690
1999 Street Improvement Bonds 656,900
2000 Street Improvement Bonds 201,355
2,735,000
Total 2002 Gross Tax Levy $10,682,120
Less: Homestead and Agricultural Credit Aid (HACA)
TOTAL 2002 NET TAX LEVY $10,682.120
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 2002.
Mary E. nderson, Mayor
ATTEST:
Donald G. Taylo Ierk
Resolution 01-73 - Continued December 18, 2001
The motion for the adoption of the foregoing resolution was seconded by Member Johnson
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.