Laserfiche WebLink
MINUTES <br />CITY COUNCIL <br />SEPTEMBER 10, 1997 <br />CITY-OWNED deduct if the houses at 2942 and 2944 Condit were awarded to the same <br />PROPERTIES bidder. <br />Morelan asked if there would be any cost savings if all four sites were <br />awarded to one contractor. The City Administrator replied that there <br />would not. The Administrator also reported that the Fire Department may <br />be interested in using a couple of the houses for training exercises. <br />Morelan asked if the sites on Little Canada Road would be final ~raded. <br />The City Administrator replied that they would be and the City would seed <br />the properties.. <br />Mr. LaValle introduced the following resolution and moved its adoption: <br />RE.S'27.DTION NO. 97-9-21 S- AWARDING THE I OW I3IDS FOR <br />DEMOLITION OF CERTAIN CITY PROPERTIES AS <br />RECOMMENDED 73Y THE CITY ADMINI.STRATOR <br />The foregoing resolution was duly seconded by Mr. Pedersen. <br />Ayes (4) LaValle, Pedersen, Scalze, Morelan. <br />Nays (0). Resolution declared adopted. <br />1998 BUDGET The Cit}~ Administrator reviewed the proposed 1998 Budget noting <br />that levy limits of $1,538,300 have been set by the State Legislature on the <br />City's gross levy amount. The preliminary gross levy amount of <br />$1,530,563 is below that amount. The Administrator reported that he has <br />verified with the Department of Revenue that there will be no penalty for <br />not levying to the maximum levy limit as was the case a few years ago <br />when levy limits were last enacted; subject to any future changes in the <br />law. <br />The Administrator reported that the net levy is projected to increase by <br />1.07% ($1,257,971 versus $1,244,646). An increase in amount of fiscal <br />disparities dollars the City receives has helped to offset increases in the <br />levy. The Administrator reported that the tax rate increase for Little <br />Canada is just under 5% for this budget proposal. The rate has changed <br />primarily as a result of the State's change in class rates shifting tax burden <br />from commercial and multi-family housing to residential housing. The <br />Administrator reported that in order to achieve a 0% net levy increase, <br />expenses would have to be decreased or revenues increased by just under <br />$13,000. The Administrator indicated that he believed this was an <br />attainable goal. <br />10 <br />