09-13-2010 Council Minutes - Laserfiche WebLink

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COUNCIL MINUTES September 13,2010 APPROVED 46 Minutes Approved 47 Proclamation recognizing the month of October as 48 Domestic Violence Awareness Month Approved 49 50 July 8, 2010 Joint City Council Charter Commission 51 Minutes Approved 52 53 August 11, 2010 Council Work Session Minutes Approved 54 55 Application of Aquinas Roman Catholic Home 56 Education Services to conduct excluded bingo events Approved 57 58 Accept resignation of Officer Joel Martin Approved 59 60 FINANCE DEPARTMENT REPORT, AL ROLEK 61 62 2A) Resolution No 10-78 Adopting Preliminary 2010/2011 Property Tax Levy-Finance 63 Director Rolekexplained that state law requires that the city council adopt a preliminary tax 64 levy for the coming year on or before September 15. The council met on the matter and 65 arrived at a figure of$8,660,000 for the 2011 preliminary levy. That figure would provide for 66 a decrease in taxes and is well below the state mandated levy limit. He reminded the council 67 that this preliminary figure may be decreased but cannot be increased. There will be more 68 discussion of the 2011 budget by the council and staff followed by adoption of the final budget L 69 in December. 70 71 Council Member Roeser moved to approve Resolution No. 10-78 as presented. Council 72 Member Gallup seconded the motion. Motion adopted on a unanimous voice vote. 73 74 2B) Consider Resolution No. 10-79 Setting 2011 Budget/Tax Levy Public Hearing Date- 75 Finance Director Rolek noted that the city is required to hold a public hearing on its proposed 76 tax levy and budget and the action before the council would set that hearing date and time. 77 78 Council Member O'Donnell moved to approve Resolution No. 10-79 as presented. Council 79 Member Roeser seconded the motion. Motion adopted on a unanimous voice vote. 80 81 2C) Consider Resolution No. 10-80 Canceling the 2010/11 Debt Service Tax Levy For 82 G.O. Tax Increment Financing Bond Series 2007A—Finance Director Al Rolek reported 83 that the city considers on an annual basis the need to levy for the debt service on these bonds 84 and has again determined that tax increment revenue and Municipal State Aid (MSA) funds 85 will be sufficient without a levy in 2011. The resolution before the council will cancel the 86 debt service levy. 87 88 Council Member Gallup moved to approve Resolution No. 10-80 as presented. Council 89 Member Rafferty seconded the motion. Motion adopted on a unanimous voice vote. 90 2