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16-78 - 12-06 - Adopt Property Tax Levies Resolution 16-78 December 6, 2016 Member Fonnest introduced the following resolution and moved its adoption: RESOLUTION ADOPTING THE PROPERTY TAX LEVIES FOR TAXES PAYABLE 2017 WHEREAS, the City Council has approved the proposed operating budgets for calendar year 2017; 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 2017 as set out in the 2017-2018 adopted City budgets. 2017 Property Tax Lew General Tax Levy $14,998,330 Bonded Debt Levy: Certificates of Indebtedness $849,398 Street Improvement Bonds 4,465,375 Brookview Community Center 1,218,300 TOTAL Tax Levy $21,531,403 BE IT FURTHER RESOLVED, that said property tax levy be certified to the County Auditor of Hennepin County. Shep rd M. Harris, or ATTEST: Kristine A. Luedke, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Clausen and upon a vote being taken thereon, the following voted in favor thereof: Harris, Snope, Clausen, Schmidgall and Fonnest 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.