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Mounds View Charter Commission Resolution 2006-06a Date: July 20, 2006 annual license fees for the operation of a reamlated bu 'pec nrl any mi ellan ous fees fpr materials routinely,nrovided by be_City to its citizens or Qthelmezghers of the publi which, b lawmust be limited to the actual cost of e service being provided. The term "fee" shall 11 '1 amended. 11 1 11 *..11- ..1 1 - U 1 1 - - 1.11 . • C) For the purposes of this Section, "fee increase" includes a new tax or fee, a monetaw increase in an existing tax or fee. a tax or fee rat- ' crease, an - pansionin the legal definition of a tax or fe - base. and an e - nsion of an expiring tax or fee. D) Section 7.12, or MN Statute 475.754, as amended. Subdivision 4. The City shall not 1- to increase any fund re erve b-vond 50% 1 f an aver• of that fund's • revious five years annual expenditures. The C • uncil 1 . raise a fund's reserve • - and 50% provided: 1. the Council designates by resolution and olds a public hearing reviewing th- •urnose of the :r e_11 _1 1 • 611 100 - 111,11 •1 1 1_ - 1_•I 1- 1)11 • 0- • 1 1 • • 1- 1 • _O__1_-.1 _1 1 1 e_ 1 .e.0160 1 2. the Council modifies and adonts by resolution e Five Year Financial P__lan_as defined in Chaster 7. Section 7.05. as amended. snecifvin ' the fund reserve purpose and the City follows such sronosed increase with the stens outlined in Subdivision 2 of this Section the ear prior to the collection of such increased taxation or fee. 4oneys raised by Tari crement Financing chal not he inc�lu ed in the c culati n of reserve limi This Subdivision and Section shall no limit or impair the City's ability to create Tax Increment i 1 1• • 1 s.s /- - •••110 : X11-*. 1-1 • 1..4111. '. 1 ♦ • . ' • • • fund sl currently exceeding the specified limit. provided the Council, within 90 days of adopting ' Sectio designates by resolution the ramose of the reserve •r adopts a modified Five Year Financial Plan reflecting the reserve pose. _ S bdivision 5. Nothing in this Section shall be construed impir any general obligation the City may have in support of otherwise awful indebtedness or simi ar obligation supported by the •-. x•_1,•1 1 • I_' ', •(1 /1-•_11.- •• 11'—:111 '-1e.11x.611 11-•-11- shall not be us- d for the numose of funding the routine and dail b ine^s operations of the City. City of Mounds View