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COUNCIL MINUTES September 10, 2012 <br /> APPROVED <br /> 46 August 27, 2012 Council Work Session <br /> 47 Minutes Approved <br /> 48 <br /> 49 August 27, 2012 City Council Meeting <br /> 50 Minutes Approved <br /> 51 <br /> 52 August 27, 2012 Special Work Session <br /> 53 Minutes Approved <br /> 54 <br /> 55 Resolution No. 12-90, Authorizing Special Event <br /> 56 and Parade Permit for 2012 Diva Dash Approved <br /> 57 <br /> 58 August 20, 2012 Special Work Session <br /> 59 Minutes Approved <br /> 60 <br /> 61 Resolution No. 12-97, Special Event and Cabaret <br /> 62 Permit for Ava Berreau Benefit at American Legion Approved <br /> 63 <br /> 64 FINANCE DEPARTMENT REPORT <br /> 65 <br /> 66 2A,Resolution No. 12-91,Adopting Preliminary 2012/2013 Property Tax Levy—Finance <br /> 67 Director Rolek explained that the resolution authorizes a preliminary city levy for 2012/2013 in the <br /> 68 amount of$8,215,628, a decrease of more than $11,000 from the last year's levy and a continuance of <br /> 69 the past several years of levy decrease. He announced the corresponding tax rate. He also noted that <br /> 70 the levy, if authorized this evening, represents a maximum, meaning it can be decreased but not <br /> 71 increased for final passage in December of this year. <br /> 72 <br /> 73 Council Member O'Donnell moved to approve Resolution No. 12-91, as presented. Council Member <br /> 74 Roeser seconded the motion. Motion carried on a unanimous voice vote. <br /> 75 <br /> 76 2B,Resolution No. 12-92, Setting the 2013 Budget/Tax Levy Public Hearing Date—Finance <br /> 77 Director Rolek explained that the resolution sets the city's required public hearing. All cities over <br /> 78 population 500 must hold such a hearing to receive comments. He noted the proposed hearing date <br /> 79 and time. <br /> 80 <br /> 81 Council Member Roeser moved to approve Resolution No. 12-92 as presented. Council Member <br /> 82 O'Donnell seconded the motion. Motion carried on a unanimous voice vote. <br /> 83 <br /> 84 2C,Resolution No. 12-93, Canceling the 2012/2013 Debt Service Tax Levy for G.O. Tax <br /> 85 Increment Financing Bond Series 2007A—Finance Director Rolek explained that the resolution <br /> 86 cancels a debt service levy for a certain bond series. At the time that the bonds were issued, an <br /> 87 annual debt service levy was established and is intended to be reviewed each year to see if alternative <br /> 88 resources are available for the debt service. Staff is recommending that the levy be canceled for year <br /> 89 2012/2013. <br /> 90 <br /> 2 <br />