10-77 - 12-07 - adopt 2010 property tax levies for taxes payable 2011Resolution 10-77
December 7, 2010
Member Shaffer introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2010 PROPERTY TAX LEVIES
FOR TAXES PAYABLE 2011
WHEREAS, the City Council has approved for the fiscal year commencing January
1, 2011 and
WHEREAS, the proposed budgets require monies to be raised from property taxes
on taxable property in the City of Golden Valley.
NOW, THEREFORE, BE IT RESOLVED, by the City Council, that the following
sums of money be raised by property tax on taxable property in the City of Golden Valley
for taxes payable in 2011 as set out in the 2011-2012 adopted City budgets are hereby
levied;
BE IT FURTHER RESOLVED by the City Council of the City of Golden Valley,
Minnesota, that the 2011 General Fund Budget are hereby given final approval.
General Fund
PURPOSE
TAX LEVY
$12,203,835
SPECIAL LEVIES:
Fire Relief Association Pension Levy
Tax Abatement Levy
Certificate of Indebtedness
Bonded Indebtedness
TOTAL LEVIES
66, 000
300, 000
791,415
3.048,200
$16,409450
BE IT FURTHER RESOLVED, that the City Council declares its intent to take all
necessary actions legally permissible to the submission and approval of the City's budget
and property tax levies both proposed and final.
ATTEST:
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Susan M. Virnig, City Clerk
..
Linda R. Loomis, Mayor
Resolution 10-77 -Continued
December 7, 2010
The motion for the adoption of the foregoing resolution was seconded by Member Pentel
upon a vote being taken thereon, the following voted in favor thereof: Freiberg, Loomis,
Pentel and Shaffer; and the following was absent: Scanlon, 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.