15-95 - 12-01 - Property Tax Levies Resolution 15-95 December 1, 2015
Member Clausen introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE PROPERTY TAX LEVIES
FOR TAXES PAYABLE 2016
WHEREAS, the City Council has approved the proposed operating budgets for
calendar year 2016; and
WHEREAS, the proposed budgets require monies to be raised from property taxes
on taxable property within 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 within the City of Golden Valley for
taxes payable in 2016 as set out in the 2016-2017 adopted City budgets.
2016 Property Tax Levy
General Tax Levy $14,452,955
Bonded Debt Levy:
Certificates of Indebtedness $733,400
Street Improvement Bonds $4,326,955
Tax Abatement Levy $300,000
TOTAL Tax Levy $19,813,310
BE IT FURTHER RESOLVED, that said property tax levy be certified to the County
Auditor of Hennepin County.
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Shepgrd M. Harris, ayor
ATTEST:
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Kristine A Luedke, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member Fonnest
and upon a vote being taken thereon, the following voted in favor thereof: Clausen, Snope,
Fonnest, Harris and Schmidgall and the following voted against the same: none
whereupon said resolution was declared duly passed and adopted, signed by the Mayor
and his signature attested by the City Clerk.