09/22/2008 Council Packet - Laserfiche WebLink

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COUNCIL MINUTES September 8, 2008 DRAFT 41 September 15 of each year. Resolution No. 08 -91 represents the budget that the council 42 discussed and formed during this year's budget review period. The proposed budget represents a 43 1.58% increase from the 2008 adopted budget but will result in a lower tax rate to the taxpayers 44 while maintaining proper services levels. 45 46 Council Member O'Donnell moved to approve Resolution No. 08 -91, as presented. Council 47 Member Gallup seconded the motion. Motion carried on a voice vote. 48 49 2B. Resolution No. 08 -92 Adopting Preliminary 2008/09 Property Tax Levy — Finance 50 Director Rolek noted that state statute also requires adoption of a preliminary tax levy prior to 51 September 15. Resolution No. 08 -92 proposes a levy increase of 4.24% over 2007/2008, within 52 the state imposed property tax levy limits. The proposed levy, the maximum for the city, would 53 result in a tax rate slightly down from 2008. The levy includes funding for the general operating 54 budget as well as general bonded debt and tax abatements. 55 56 Council Member Reinert moved to approve Resolution No. 08 -92, as presented. Council 57 Member Stoltz seconded the motion. Motion carried on a voice vote. 58 59 2C. Resolution No. 08 -93 Setting Truth -in- Taxation Hearing Date — Finance Director 60 Rolek outlined the dates proposed for the city's required Truth -In- Taxation hearings. 61 62 Council Member Gallup moved to approve Resolution No. 08 -93, as presented. Council 63 Member O'Donnell seconded the motion. Motion carried 011 a voice vote. 64 65 2D. Resolution No. 08 -94 Canceling the 2008 -09 Debt Service Tax Levy for G.O. Tax 66 Increment Financing Bond Series 2007A — Finance Director Rolek explained that the city has 67 an option each year on whether or not to levy taxes for G.O. Tax Increment Financing Bonds 68 2007A. He finds that adequate resources are available for debt service on these bonds and is 69 therefore recommending that such a tax levy be canceled. 70 71 Council Member Stoltz moved to approve Resolution No. 08 -94, as presented. Council Member 72 Gallup seconded the motion. Motion carried on a voice vote. 73 ADMINISTRATION DEPARTMENT REPORT, DAN TESCH 74 Item 3A had been previously removed from the agenda. 75 76 3B. Resolution No. 08 -98 receiving proposed charter amendment and calling a special 77 election theron (citizen petition) — City Clerk Bartell reported that on August 12, 2008, a 78 petition was submitted to the City and the Lino Lakes Charter Commission by the Lino Lakes 79 Citizens for Safer Roads. The petition requests amendment of the City Charter regarding 80 procedures for special assessments for public improvement projects. The form of the petition 81 was found to meet the statutory requirements related to charter amendments and petitions. On 82 August 20, the petition was found to be insufficient in registered voter signatures and the 83 petitioners were so informed. On August 28, as allowed by state statute, a supplemental petition 84 was submitted. With the supplemental signatures, the petition was then found to be sufficient -2-