2000-081 Council Resolution - Laserfiche WebLink

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Council member ril\. (---1.1 introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 00-81 RESOLUTION CERTIFYING THE PROPOSED 2000 TAX LEVY, COLLECTABLE IN 2001. WHEREAS, the City of Lino Lakes is in need of certain funds to pay expenditures for General Fund operating costs anticipated in the year 2001, and WHEREAS, the City of Lino Lakes is in need of certain funds to pay expenses towards outstanding indebtedness. WHEREAS, the City Council of Lino Lakes has reviewed these funding needs during its review of the proposed 2001 operating budget. NOW THEREFORE BE IT RESOLVED, that the City of Lino Lakes, Anoka County, Minnesota, hereby does levy on a proposed basis the following upon taxable property in said City of Lino Lakes, to -wit: 1. Total amount levied in the year 2000 to be spread for taxes due and payable in the year 2001 (without HACA) is $4,837,565. 2. The total amount above levied (without HACA) is for the following purposes: GENERAL OPERATING $4,168,973 General Bonded Debt Public Project Revenue Bond 93,402 Civic Complex Bond 1998A 221,056 G.O. Improvement Bond 1998B 103,268 Equipment Certificates of 1998 67,971 Equipment Certificates of 1999 80,515 Equipment Certificates of 2000 102,381 Total General Obligation Bonded Debt $ 668,592 TOTAL LEVIES $4.837,565 BE IT FURTHER RESOLVED by the Lino Lakes City Council that the general fund operating budget and special levies for outstanding indebtedness as reviewed by the City Council represents the basis for this levy. Individual department budgets are subject to preliminary approval by the City Council and shall be authorized by separate action.