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CCRes_80-20
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CCRes_80-20
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CITY OF FALCON HEIGHTS <br />Pursuant to due call and notice thereof, a Regular Meeting of the City <br />Council of the City of Falcon Heights, Minnesota was held on the 13th day <br />of August, 1980. <br />The following members were present: Mayor Warkentien, Councilmembers <br />Eggert and Larson, and the following were absent: Councilmebers Steele and <br />Brown. Mayor Warkentien introduced the following resolution and moved its <br />adoption. <br />RESOLUTION 80-20 <br />A RESOLUTION ADOPTING AN 8% INCREASE OVER THE BASE <br />AUTHORIZED BY PRIOR LAW AND AN ADDITIONAL 10% ONE TIME <br />INCREASE AUTHORIZED BY LAWS, 1980, CHAPTER 607, ARTICLE <br />II, SECTION 21 <br />WHEREAS the City of Falcon Heights i~ in need of additional tax revenue <br />for police and fire protection, street maintenance, maintenance of the park <br />and other properties of the City, and other governmental purposes; and <br />WHEREAS the present levy limit base payable in 1980 was $400,853 based <br />on a population of 5,770 persons; and <br />WHEREAS the City of Falcon Heights would be able to increase its levy limit <br />by 8 per cent of this levy limit base for taxes levied in 1980 and payable in 1981; <br />and <br />WHEREAS the Minnesota Legislature has enacted a statute authorizing a one- <br />• time levy adjustment in the levy limit base of an additional 10 per cent and this <br />law is known as Laws, 1980, Chapter 607, Article II, Section 21, and <br />WHEREAS it appears to be in the best interests of the City to raise additional <br />revenues by making use of the statutory authority to raise these additional funds <br />on a one-time adjustment to the levy limit base, and <br />WHEREAS the Resolution proposing an increase in the levy limit base has <br />been published for four (4) successive weeks in the official newspaper of Falcon <br />Heights, and <br />WHEREAS a public hearing on the proposed increase occurred August 13, 1980 <br />at a regular meeting of the City Council of Falcon Heights, <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Falcon <br />Heights as follows: <br />The City Council shall raise the levy limit base of the City of <br />Falcon Heights from its present base of $400,853.00. The increase <br />shall be $72,153.00 which consists of an 8 per cent increase over <br />the base authorized by prior law and an additional one-time in- <br />crease of 10 per cent authorized by Laws, 1980, Chapter 607, <br />Article II, Section 21. The increase shall be for taxes levied <br />in 1980, payable in 1981. The total levy limit base after the <br />proposed increase shall be $473.006.00 <br />. This Resolution shall become effective following its publication and <br />subject to compliance. with the provisions contained in Laws, 1980, Chapter 607, <br />Article II, Section 21. <br />
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