09/08/2008 Council Minutes (3) - Laserfiche WebLink

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COUNCIL MINUTES September 8, 2008 APPROVED 1 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; Council Member Reinert 48 recorded as voting no. 49 50 2B. Resolution No. 08-92 Adopting Preliminary 2008/09 Property Tax Levy — Finance 51 Director Rolek noted that state statute also requires adoption of a preliminary tax levy prior to 52 September 15. Resolution No. 08-92 proposes a levy increase of 4.24% over 2007/2008, within 53 the state imposed property tax levy limits. The proposed levy, the maximum for the city, would 54 result in a tax rate slightly down from 2008. The levy includes funding for the general operating 55 budget as well as general bonded debt and tax abatements. 56 57 Council Member Reinert moved to approve Resolution No. 08-92, as presented. Council 58 Member Stoltz seconded the motion. Motion carried on a voice vote. 59 60 2C. Resolution No. 08-93 Setting Truth -in -Taxation Hearing Date — Finance Director 61 Rolek outlined the dates proposed for the city's required Truth -In -Taxation hearings. 62 063 Council Member Gallup moved to approve Resolution No. 08-93, as presented. Council 64 Member O'Donnell seconded the motion. Motion carried on a voice vote. 65 66 2D. Resolution No. 08-94 Canceling the 2008-09 Debt Service Tax Levy for G.O. Tax 67 Increment Financing Bond Series 2007A — Finance Director Rolek explained that the city has 68 an option each year on whether or not to levy taxes for G.O. Tax Increment Financing Bonds 69 2007A. He finds that adequate resources are available for debt service on these bonds and is 70 therefore recommending that such a tax levy be canceled. 71 72 Council Member Stoltz moved to approve Resolution No. 08-94, as presented. Council Member 73 Gallup seconded the motion. Motion carried on a voice vote. 74 ADMINISTRATION DEPARTMENT REPORT, DAN TESCH 75 Item 3A had been previously removed from the agenda. 76 77 3B. Resolution No. 08-98 receiving proposed charter amendment and calling a special 78 election theron (citizen petition) — City Clerk Bartell reported that on August 12, 2008, a 79 petition was submitted to the City and the Lino Lakes Charter Commission by the Lino Lakes 80 Citizens for Safer Roads. The petition requests amendment of the City Charter regarding 81 procedures for special assessments for public improvement projects. The form of the petition 82 was found to meet the statutory requirements related to charter amendments and petitions. On • 83 August 20, the petition was found to be insufficient in registered voter signatures and the 84 petitioners were so informed. On August 28, as allowed by state statute, a supplemental petition -2-