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Exhibit K <br />PROPOSED <br />RESOLUTION NO. 89 -11- <br />A RESOLUTION APPROVING THE 1990 PROPOSED GENERAL FUND AND BONDED <br />INDEBTEDNESS TAX LEVY AS PRESENTED BY THE CITY STAFF AND AS AMENDED <br />BY THE CITY COUNCIL. <br />WHEREAS, the proposed 1990 tax levy is as follows: <br />General Fund <br />Bonded Debt: <br />1981 Revenue Bonds <br />1986 Storm Sewer Bonds <br />1966 Special Assessment Bonds <br />1967 Special Assessment Bonds <br />1978 Special Assessment Bonds <br />1986 Special Assessment Bonds <br />1985 Refunding Bonds <br />Proposed 1990 Equipment Certificate <br />Proposed 1990 Fire Station <br />Installment Contract <br />$ 979,382 <br />10,000 <br />123,000 <br />46,495 <br />48,620 <br />177,300 <br />68,000 <br />52,500 <br />None <br />91,733 <br />Proposed Total $ 1,597,030 <br />AND WHEREAS, the Council is required to certify a proposed tax levy to the County Auditor <br />by November 15, 1989. <br />NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF LITTLE <br />CANADA, that the Council hereby approves the 1990 proposed tax levy in the amount of <br />$1,597,030. <br />Page 15 <br />