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MINUTES <br />CITY COUNCIL <br />SEPTEMBER 14, 2011 <br />costs are shared by the City and property owner on an equal basis. He also <br />proposed a 5.25% rate on certified assessment, which is the same rate that <br />was charged earlier this year on Dianna Lane assessments. <br />Montour introduced the following resolution and moved its adoption: <br />RESOLUTION NO. 2011 -9 -179 — DECLARING COSTS AND <br />ORDERING PREPARATION OF ASSESSMENT ROLLS FOR 2011 <br />MILL AND OVERLAY PROJECTS, AND CALLING ASSESSMENT <br />HEARINGS ON THESE PROJECTS AS OUTLINED BELOW: <br />WEDNESDAY, OCTOBER 26, 2011 <br />6:15 P.M. — IMP. 2011 -01- ONTARIO ROAD <br />6:40 P.M. — IMP. 2011 -03- JESSICA COURT <br />7:00 P.M. —IMP. 2011- 04- PAYNEAVENUE <br />The foregoing resolution was duly seconded by Boss. <br />Ayes (4). <br />Nays (0). Resolution declared adopted. <br />2012 The City Administrator reported that a workshop meeting was held <br />PRELIMINARY prior to the Council meeting at which the 2012 Preliminary Budget was <br />BUDGET reviewed. Based on that review, the Council's consensus is that a 0% <br />Gross Levy increase be certified for the Preliminary Budget. Factoring in <br />a slight increase in fiscal disparities that the City will receive for 2012, the <br />Net Levy increase is estimated at a .26% reduction. Budget figures are as <br />follows: <br />PRELIMINARY TAX LEVY FOR CERTIFICATION $2,660,453 <br />General Fund $2,309,688 <br />General Capital Imp. Fund $193,565 <br />Infrastructure Fund $157,200 <br />Mr. Montour introduced the following resolution and moved its adoption: <br />RESOLUTION NO. 2011 -9 -180 — CERTIFYING THE 2012 <br />PRELIMINARY LEVY AT $2,660,453, A 0% GROSS LEVY <br />INCREASE, AND $2,279,433, A .26% NET LEVY DECREASE <br />The foregoing resolution was duly seconded by Keis. <br />Ayes (4). <br />Nays (0). Resolution declared adopted. <br />4 <br />